Waste-to-Energy Technologies System Market

Global Waste-to-Energy Technologies System Market Analysis and Opportunity Assessment by Technology, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 36,920.8 Mn between 2022 and 2032

Category: Clean Energy & Power

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ID: CVC-00330

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Format: PDF+Excel Dataset

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Published Date: October 2022

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Pages: 270

Global Waste-to-Energy Technologies System Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Waste-to-Energy Technologies System Market was worth US$ 32,414.6 Mn and is expected to grow at a CAGR of 7.9% over the forecast period. While the historical CAGR is 6.3%, the market is expected to hit US$ 69,335.4 Mn by 2032 end.

Garbage to energy is a process that turns waste into energy, reducing reliance on fossil fuels like coal for energy production. Garbage to power is a sustainable way to keep debris out of landfills and limit the release of methane gas. It also prevents waste from entering landfills and reduces carbon dioxide emissions. These facilities employ a boiler to burn trash or create steam, which is then used to produce energy. The waste-to-energy process reduces air pollution by eliminating pollutants from gas combustion and preventing them from entering the chimney.

Market Dynamic

PRODUCTION OF HEAT AND POWER FROM WASTE TO DRIVE THE MARKET GROWTH

An effective and environmentally friendly way to treat garbage is through waste to energy, which creates heat that can provide electricity. These waste-to-energy facilities may cut waste by 95% to 96% while also keeping it out of landfills. These facilities offer several advantages and eliminate hazardous waste, including medical waste.

The use of waste-to-energy technology has several benefits, including the generation of heat and power, effective metal recycling, efficient waste management, a reduction in waste, the prevention of the production of methane gas and harmful greenhouse gases, better control over noise and odor during the decomposition process, minimal pollution, and the non-contamination of groundwater. It is predicted that all of these advantages will increase demand for waste-to-energy markets during the projected period.

HIGH INSTALLATION COST OF WASTE TO ENERGY PLANTS TO RESTRAIN MARKET GROWTH

The construction of the necessary infrastructure, operational costs, waste management, segregation costs, and other charges make the setup of waste-to-energy facilities, notably the incineration plant, expensive. Additionally, since incinerator facilities need regular maintenance, which is anticipated to slow the market’s growth during the projected period, qualified professionals and devoted staff are necessary to manage them.

Waste-to-Energy Technologies System Market

Market Segments Covered in Report

By Technology:

  • Thermal
    • Incineration
    • Gasification
    • Pyrolysis
  • Biological

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why does the thermal segment likely to remain highly sought-after?

The thermal segment held the highest revenue share, with thermal incineration technology playing a significant role in revenue development. The growth factor for thermal conversion techniques is their relatively easy operation and simple process. Because thermal treatment of garbage allows for the complete combustion of gases emitted from the waste, it provides a sustainable alternative for contemporary cities.

Thermal incinerators provide several advantages over conventional incinerators, including reducing trash volume and greenhouse gas emissions while retaining energy. Incineration reduces waste to 10% of its original volume and offers a practical substitute for conventional power by producing renewable energy for uses like district heating. In addition, reusing bottom ash and metal increases this method’s wealthiest advantages.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

  • Europe’s waste-to-energy market had a market share of 37.2% and is expected to expand at a CAGR of 4.3%. An increase in government programs to support waste-to-energy projects and lower the emission of harmful gases is largely responsible for this growth.
  • Due to rising consumer awareness of environmental preservation and climate change, North America held a significant market share. Furthermore, it is projected that the rate of implementation of waste-to-energy facilities throughout the region will grow due to the government’s increased emphasis on the integration and enhanced utilization of clean electricity generation sources.

Competition Analysis

Players in the industry are concentrating on R&D initiatives to lower the technical cost connected with waste-to-energy power plants. Only a small number of businesses use vertical integration to improve their services. To enhance their capacity for garbage solutions, corporations are expanding their facilities.

A list of some of the key suppliers present in the market are:

  • Hitachi Zosen Inova AG
  • Suez
  • Covanta Holding Corporation
  • China Everbright International Limited
  • Veolia
  • Abu Dhabi National Energy Company PJSC
  • Ramboll Group A/S
  • Babcock & Wilcox Enterprises, Inc.
  • Wheelabrator Technologies Inc
  • Xcel Energy Inc.

Global Waste-to-Energy Technologies System Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research ScopeDetails
Forecast period2022-2032
Historical data available for2017-2021
Market analysisUSD Million for Value and Tons for Volume, and CAGR from 2022 to 2030
Key regions coveredNorth America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries coveredUS, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments coveredBy Technology and Region
Customization scopeAvailable upon Request
Pricing and purchase optionsAvailable upon Request

Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 7.9%.

An effective and environmentally friendly way to treat garbage is through waste to energy, which creates heat that can provide electricity. These waste-to-energy facilities may cut waste by 95% to 96% while also keeping it out of landfills. These facilities offer several advantages and eliminate hazardous waste, including medical waste.

The construction of the necessary infrastructure, operational costs, waste management, segregation costs, and other charges make the setup of waste-to-energy facilities, notably the incineration plant, expensive.

Key Global Waste-to-Energy Technologies System Market players are Hitachi Zosen Inova AG, Suez, Covanta Holding Corporation, China Everbright International Limited, Veolia, Abu Dhabi National Energy Company PJSC, Ramboll Group A/S, Babcock & Wilcox Enterprises, Inc., Wheelabrator Technologies Inc, Xcel Energy Inc.

Europe is expected to account for the largest market revenue share in the Global Waste-to-Energy Technologies System Market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research End-Useology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modeling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Waste-to-Energy Technologies System Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Waste-to-Energy Technologies System Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Configuration W.R.T. Elemental Composition
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of Configuration
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Elemental Composition Landscape
  10. Global Waste-to-Energy Technologies System Market 2017 – 2032 by Technology
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Technology [Value (US$ Mn) and Volume (Tons) Analysis]
      • Thermal
        • Incineration
        • Gasification
        • Pyrolysis
      • Biological
    • Attractiveness Analysis by Technology
  11. Global Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032 by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  12. North America Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Technology
    • Market Attractiveness Analysis
      • By Country
      • By Technology
  1. Latin America Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Technology
    • Market Attractiveness Analysis
      • By Country
      • By Technology
  1. Europe Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Technology
    • Market Attractiveness Analysis
      • By Country
      • By Technology
  1. Asia-Pacific Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Technology
    • Market Attractiveness Analysis
      • By Country
      • By Technology
  1. Middle East Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Technology
    • Market Attractiveness Analysis
      • By Country
      • By Technology
  1. Africa Waste-to-Energy Technologies System Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Technology
    • Market Attractiveness Analysis
      • By Country
      • By Technology
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • Competition Dashboard
  3. Company Profiles
    • Hitachi Zosen Inova AG
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • Suez
    • Covanta Holding Corporation
    • China Everbright International Limited
    • Veolia
    • Abu Dhabi National Energy Company PJSC
    • Ramboll Group A/S
    • Babcock & Wilcox Enterprises, Inc.
    • Wheelabrator Technologies Inc
    • Xcel Energy Inc
  4. Assumptions and Acronyms

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