Global Biogas Generation Systems Market is Segmented By Feedstock (Agricultural Waste, Sewage Sludge, Industrial Waste, Others), By Application (Electricity Generation , Heat Generation, Biofuel Generation, Others), By End-User (Oil & Gas, Energy & Power, Automotive, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023 - 2030
Market Overview
Global Biogas Generation Systems Market reached USD 3.7 billion in 2022 and is expected to reach USD 5.7 billion by 2030 growing with a CAGR of 5.5% during the forecast period 2023-2030. Waste production has increased significantly in developing countries, helping biogas generation systems to continuously create clean energy without caring about a lack of feedstock.
Biogas plants help to enhance the environment and reduce landfills, which drives the global biogas generation system market growth.
During the forecast period 2023-2030, Asia-Pacific is expected to account for almost 1/4th of the global biogas generation systems market. Asia-Pacific is the next rising region, owing to fast urbanization, high demand for electricity, a greater focus on renewable energy sources and the combination of green growth with Asia-Pacific countries' economic and sustainable development policies.
Sistema.bio opens the World's Largest Biogas Plant Manufacturing Facility in Pune in 2023. The advanced factory has an impressive annual manufacturing capacity of 100,000 prefabricated biogas generators. With US$ 1.8 million investment, the manufacturing plant is set to fulfill the expanding demands of Asia-Pacific.
Report Scope
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Metrics |
Details |
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CAGR |
5.5% |
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Size Available for Years |
2021-2030 |
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Forecast Period |
2023-2030 |
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Data Availability |
Value (US$) |
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Segments Covered |
Feedstock, Application, End-User and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
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Fastest Growing Region |
Asia-Pacific |
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Largest Region |
Europe |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics
The Rise in Demand for Electricity Across the World
As global electricity consumption increases, there is growing need to shift away from fossil-fuel-based power generation and towards renewable energy sources. Biogas, as a renewable energy source, provides a long-term alternative for fulfilling rising electricity demand by decreasing greenhouse gas emissions and dependency on nonrenewable resources.
GAIL Limited announced a more than INR. 50 billion investment in 2021 to build a portfolio of roughly 1 GW of renewable energy, comprising solar, wind biogas and ethanol plants. The company plans to build at least two compressed biogas facilities and an ethanol factory will cost between INR 8 and 10 billion. The company's goal is to reach 1 GW in three to four years.
The Numerous Advantages of Biogas Offers Market Growth Potential
The potential for future growth in biogas generation systems is huge, as plant provides various environmental benefits. Globally, there is a growth in the usage of environmentally friendly energy producing techniques. Biogas generation systems are an attractive option for handling energy crises, as well as providing socioeconomic and environmental benefits that drive the global biogas generation system market.
Gas is created in biogas generation systems from organic wastes and garbage from decentralized, local areas. Significant volumes of wasted raw materials for biogas production are still accessible, allowing energy generation to offer global biogas generation systems market opportunity in the coming years. Biogas generation systems are the best waste management solution since they help developing countries with their landfill challenges.
High Initial Costs and Complexity of Projects
The initial costs of installing biogas generating systems is significant. The expenses include the purchase of equipment, construction, site preparation and engineering. Potential investors could be put off by the large initial investment, particularly in locations with limited capital or unpredictable returns on investment.
Establishing and running biogas generation systems can be challenging. Feasibility studies, permissions and regulatory approvals, feedstock sources, design, construction and operation are all part of the process. Navigating these processes and organizing various parties can be difficult and time-consuming, hampering market growth.
Segmentation Analysis
The global biogas generation systems market is segmented based on feedstock, application, end-user and region.
The Growing Demand of Renewable Electricity Generation
During the forecast period electricity generation is expected to hold about 1/3rd of the global biogas generation systems market. Global electricity generation is always expanding due to rising energy demand from increasing levels of population, industrialization and urbanisation. As per the International Energy Agency, global energy demand is expected to expand at a pace 9% annually by 2030.
According to the IEA, renewable generation of electricity will grow by more than 8% in 2021 to reach 8 300 TWh, the fastest year-on-year rise since the 1970s. Biogas is a key element of electricity generation in the power industry, contributing to the global clean energy transition goals. Electricity generation from biogas is an advanced technique that is widely used around the world. Combined heat and power (CHP) engines are commonly utilised to generate electricity while also recovering and reusing heat.
Geographical Shares
The Rising Technological Developments in Europe
Europe is estimated to account for more than 1/3rd of the global biogas generation systems market in 2022, owing to increased technological innovations and investments in the region's refinery industry. Companies across Europe are investing significantly in research and development of biogas generation from existing sources, with plans to expand feedstock share in the coming years. It will boost the region's biogas market expansion.
As per the European Biogas Association (EBA), biogas production in Europe will be reaching 98 billion cubic metres (bcm) of biomethane by 2050, with a 4,800% increase over current levels. The goal to improve biogas production is expected to bring in investments for the construction of biogas generation systems in the region, boosting the market growth.
In Italy, the market is being driven by the government's initiatives to reduce carbon emissions. Eni SpA agreed in March 2021 to purchase an Italian biogas company through FRI-EL Greenpower, a Gostner family holding, through its circular economy subsidiary, 'Ecofuel’.
Biogas Generation Systems Key Players
The major global players include Engie SA, Ameresco Inc, Gasum Ltd, Air Liquide SA, EnviTec, Renergon International AG, IES BIOGAS srl, Wartsila, Biofrigas Sweden AB and CH4 Biogas.
COVID-19 Impact Analysis
The pandemic has disrupted global supply networks, including the biogas industry. Movement restrictions, lockdowns and reduced staff have all had a slight impact on the development and delivery of biogas generation systems, causing delays and supply chain bottlenecks. However, projects such as Nepal's Gandari biogas plant saw no significant negative effects during the COVID-19 pandemic.
During the pandemic, many countries imposed limits on construction operations. As a result, the building of biogas facilities and installations has been postponed, affecting market growth. The pandemic's economic uncertainty has hampered investment and financing for biogas initiatives. Investors and financial institutions have grown more careful, which has resulted in a decrease in new projects and installations.
Russia-Ukraine War Impact
The war has the potential to interrupt agricultural activities, affecting feedstock availability and interfering with the operation of current or proposed biogas plants in the region. Furthermore, international funding and assistance for sustainable energy programmes in conflict areas may stimulate demand for biogas systems. In Russia, waste pretreatment has grown challenging, affecting the flow of feedstock into the biogas plant.
With the increase in uncertain factors for manufacturers in the EU region, industries and power plants are careful to invest in the biogas market. The war has the potential to significantly slow Europe's shift to renewable energy. The Russia-Ukraine conflict has had a significant influence on the global biogas generation and transportation markets.
Key Developments
- In February 2023, Gasum, a Finnish state-owned energy business operating in the Nordics, began building on its latest biogas plant project in Gotene, Sweden. From 2025 onwards, the plant will produce 120 gigatonnes (GWh) of LBG per year.
- In March 2021, the IES BIOGAS Srl Company decided to create a new branch in Serbia. The company designs, develops and produces biogas systems for the agricultural and industrial sectors. Pepo Energy, a 1,200 kW plant in Novi Milosevo, Serbia, has been officially opened by the company. It uses agricultural biomass, mostly pumpkin pulp and wheat residues.
- In August 2021, Greenlane Renewables Inc., a leading international provider of biogas upgrading solutions, stated that its entirely-owned subsidiary, Greenlane Biogas North America Ltd, signed contracts totaling USD 10.2 million for renewable natural gas (RNG) projects in U.S.
Why Purchase the Report?
- To visualize the global biogas generation systems market segmentation based on feedstock, application, end-user and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of biogas generation systems market level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The global biogas generation systems market report would provide approximately 61 tables, 60 figures and 205 pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
