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Global Landfill Gas Market 2018-2022 | Growing Demand for Energy to Boost Demand | Technavio

January 2, 2019

LONDON--(BUSINESS WIRE)--Jan 2, 2019-- analysts forecast the global landfill gas market to grow at a CAGR of nearly 4% during the forecast period, according to their latest market research report.

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Technavio analysts forecast the global landfill gas market to grow at a CAGR of nearly 4% by 2022. (Graphic: Business Wire)

Smart landfills are one of the major trends being witnessed in the . Although the countries around the world have been driving their efforts toward recycling the waste than landfilling, landfills can be better managed, especially in the developing countries. The Geographic Information System (GIS) considers factors like topography, water resources, land use, transportation facilities and the degree of urbanization and compiles them to identify the potential landfill sites and negative environmental impacts.

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According to Technavio analysts, one of the key factors contributing to the growth of the global landfill gas market is the growing demand for energy worldwide:

Global landfill gas market: Growing demand for energy worldwide

As per the IEA, by 2040, the global energy demand is expected to increase by 30%. The growing demand for energy is attributable to factors such as the global economic growth at a rate of 3.4% annually and expanding population worldwide, which is expected to increase from 7.4 billion in 2017 to 9 billion 2040.

According to a senior analyst at Technavio for research on power, “Developing economies like India are expected to contribute to the global energy demand, which will increase by 11% in 2040. Also, the other developing economies in Asia like Southeast Asia account for over 66% of the growth in global energy growth. Coal, oil, gas, nuclear, hydro, bioenergy and renewables are some of the primary sources of energy catering to the global demand.”

Global landfill gas market: Segmentation analysis

The global landfill gas market research report provides market segmentation by technology (combustion engines and turbines) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The combustion engines segment held the largest market share in 2017, accounting for over 66% of the market. This technology segment is expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 52%. This region is expected to dominate the market through 2022, however, there will be a decrease in its market share by over 1%.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005460/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ENERGY OIL/GAS

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/02/2019 11:40 AM/DISC: 01/02/2019 11:40 AM

http://www.businesswire.com/news/home/20190102005460/en

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