TechNavio today launched its report, Global Biogas Upgrading Equipment Market 2012-2016, based on an in-depth analysis covering the North America, the EMEA and the APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said: ”Initiatives being undertaken by various governments to support the Biogas industry constitute one of the major trends prevailing in this market. For instance, in 2008, the US Department of Agriculture launched a project to build biogas systems in rural areas with the aim of reducing environmental pollution. Further, in 2011, the US Department of Agriculture built 200 biogas systems in various areas including California. According to the project criteria, households can be included in the project if they have cattle or poultry that produce a minimum of 20 kilograms of dung every day that can be used for biogas generation. Thus, increasing governmental initiatives constitute one of the major positive trends in the Global Biogas Upgrading Equipment market.”
According to the report, the increased benefits of upgraded biogas constitute one of the major driving factors in this market. Biogas has several positive attributes and, therefore, it is fast becoming a popular fuel option. Thus, the growing popularity of biogas boosts the demand for biogas upgrading equipment. The positive attributes of upgraded biogas include its ability to significantly reduce carbon emission levels and act as an alternative automotive fuel.
Further, the report reveals that increasing barriers to the development of biogas upgrading plants constitute one of the major challenges in this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-biogas-upgrading-equipment-marke…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Clean Tech market research, please visit https://www.technavio.com/clean-technology
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