Biogas Generator Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2015 To 2022
Global biogas generator market is expected to witness significant growth on account of shifting preference towards renewable energy sources such as wind from conventional energy sources such as coal, crude oil and gas. Biogas generator breaks down biological material into gasses such as hydrogen and methane for application as fuel. Increasing importance of swamp gas in farming, industrial processing and municipalities in vague to meet the ever growing energy demand is likely to fuel the industry growth for biogas generator. The advantages include less fuel cost coupled with quick startup of generator. Surging demand of organic products in light of increasing deployment of organic farming which results in neutralization of GHG emissions is expected to have a positive impact on biogas generator over the forecast period.
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Europe is expected to be a promising market in light of growing concerns towards reducing green house gas emissions amidst supportive government regulations. In 2012, European Commission promulgated and implemented bioeconomy strategy aimed at development of technologies to harness renewable sources such as solar, wind and tide for energy. Asia Pacific is likely to be a lucrative market in vague of growing importance to generate power through renewable sources in countries of India and China. Government of China is planning to establish seven thousand natural gas projects in addition with installation of 50 million household biogas generators by the end of 2015. North America is expected to be a potential market with regulators aimed to reduce carbon emissions. In 2012, U.S. EPA launched an online mapping tool aimed at helping the restaurants, hotels and resorts to link them with swamp gas manufacturers in order to hygienically dump their wastes.
Increasing shale gas production in the U.S. and Canada on account of technological advancement in hydraulic fracturing is likely to pose a challenge to the biogas generator market over the forecast period. Key biogas generator manufacturers include Prometheus Energy, Carbotech, Acrona Systems, Envirotech, Kohler & Ziegler, DGE Gmbh and DMT Environmental Technology. In 2015, Kenya Government in a step forward to harness renewable energy announced to launch country’s first biogas generator which is expected to link national power grid and provide 2.2 Megawatts of additional electricity.
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