Biogas Upgrading Equipment Market by Technology and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022

Pages: 156

SKU: IRTNTR70694

Snapshot

Biogas Upgrading Equipment Market Forecast 2023-2027

The biogas upgrading equipment market is estimated to grow by USD 5.07 billion at a CAGR of 15.38% between 2022 and 2027. The Biogas Upgrading Equipment Market is propelled by several key drivers, including the pressing need for cleaner fuel sources. With increasing environmental concerns, industries and governments alike are seeking alternatives to traditional fossil fuels. Biogas, derived from organic waste, offers a sustainable and renewable energy solution. Additionally, favorable government policies and incentives encourage the adoption of biogas upgrading equipment, fostering market growth. Furthermore, the emphasis on environmental conservation and energy security further amplifies the demand for biogas upgrading technologies, positioning the market for significant expansion.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

The market share growth of the water scrubber segment will be significant during the forecast period. Water scrubbing is the traditional process in which carbon dioxide is removed from biogas to form high-quality biomethane. This process uses water as a solvent to remove carbon dioxide. Since the solubility of carbon dioxide in water is much higher than that of methane, the methane content of the gas leaving the scrubber increased. The biomethane produced in this way is approximately 98% pure. The process also removes all traces of hydrogen sulfide.

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The water scrubber segment was valued at 1.26 billion in 2017 and continued to grow by 2021. Water scrubbing is the oldest and most used process because it is simple. It is commercially available in different capacities ranging from 0.2 kWh/Nm3 to 0. 6 kWh/Nm3. The less than 2% decarbonization process requires lower operating costs and is consistent at any flow rate. Water washing technology is constantly being developed and is one of the best technologies for use in various rooms. Therefore, there is a high demand for this technology compared to other technologies, which is expected to lead to the growth of the water purifier segment in the global biogas refining equipment market during the forecast period.

Regional Analysis

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Europe is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Bioenergy from renewable energy sources plays a key role in achieving the ambitious target set by the EU - 20 percent of final energy consumption. Most of the European population is still not aware of the benefits of biomethane in vehicles. However, this is changing due to favorable support conditions given by various governments. Germany is highly dependent on oil and gas imports because its reserves are small. The country imports 97% of its oil and more than 85% of its natural gas consumption. Therefore, to improve energy security, the government fully supports the use of renewable energy sources in all sectors, which has accelerated the growth of renewable energy sources such as biofuels, biogas, and refined biogas.

Market Dynamics and Customer Landscape

The Biogas Upgrading Equipment Market is experiencing significant growth due to rising demand for biomethane, a renewable fuel that mitigates greenhouse gases. Key equipment like water scrubbers removes impurities such as carbon dioxide and hydrogen sulfide to yield high-purity biomethane. Europe, especially Germany, leads in bioenergy adoption, driving market expansion to meet stringent quality standards and promote cleaner energy alternatives. The need for cleaner fuel is notably driving the market growth although factors such as the high cost of production may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Market growth is driven notably by the increasing demand for cleaner fuel, fueled by concerns over rising greenhouse gas emissions. Unlike conventional oil and natural gas, biogas stands out as a renewable alternative. Derived from biodegradable matter and waste, it undergoes recycling and refining processes to serve as a versatile fuel across various applications.

The imperative to mitigate greenhouse gas emissions and diversify energy sources propels global interest in efficient and cleaner alternatives like biogas, biodiesel, and ethanol. Biogas, particularly, offers stability against price fluctuations seen in natural gas markets, thereby bolstering economic resilience.

Consequently, the surge in demand for refined biogas necessitates expanded production capacities and equipment upgrades to meet market needs. This escalating demand for upgraded equipment drives growth in the global market, ensuring sustained momentum throughout the forecast period.

Major Market Trend

Key market trends include technological advancements in biogas upgrading techniques and equipment. Government support and rising interest in biogas foster investments in processing technologies. Innovations like cryogenic refining and on-site methane enrichment enhance existing methods. Improved biogas energy intensity reduces greenhouse gas emissions, with advanced techniques yielding up to 99% efficiency. For instance, Goteborg Energi in Sweden converts forest residues into biomethane using a 20 MW plant. These advancements propel the global biogas refining equipment market forward.

Significant Market Challenge

A significant challenge hindering market growth is the elevated production costs. Converting raw biogas into refined form proves costly. Biogas typically comprises 30%-40% carbon dioxide, necessitating refinement to enhance methane content and lower carbon dioxide levels to match natural air composition. This refining process incurs high expenses, demanding optimization through innovative approaches. Achieving high methane yield while minimizing energy consumption is imperative. Consequently, the substantial investment required to scale production and meet escalating demand poses a formidable obstacle to the market's growth forecast.

Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Biogas Upgrading Equipment Market Companies?

Care implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AAT Abwasser und Abfalltechnik GmbH - The company offers biogas upgrading equipment such as agitators and flares as its key offerings.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The Biogas Upgrading Equipment Market is thriving as anaerobic digestion of organic substrates like manure, sewage sludge, and organic fractions gains momentum. Utilizing household and industrial waste, energy crops, and organic sources, biogas is upgraded for various applications, including vehicle fuel and combined heat and power plants. With environmental advantages such as reduced methane emissions and greenhouse gases, the market responds to global warming concerns and fluctuating oil and natural gas prices. Innovative methods like the Schmack pre-treatment technique enhance methane content, improving operational efficiency. As demand grows for renewable fuel sources, the market evolves, contributing to the transition towards green energy.

Segment Overview

The report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Technology Outlook
- Water scrubber
- Chemical scrubber
- Pressure swing adsorption (PSA)
- Membrane
- Others

Region Outlook
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- North America
  - The U.S.
  - Canada
- APAC
  - China
  - India
- South America
  - Brazil
  - Argentina
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Biogas Upgrading Equipment Market Scope
Report Coverage	Details
Page number	156
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 15.38%
Market growth 2023-2027	USD 5.07 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	14.4
Regional analysis	Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution	Europe at 41%
Key countries	US, China, Germany, UK, and Italy
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	2G Energy AG, AAT Abwasser und Abfalltechnik GmbH, Air Liquide SA, Atlas Copco AB, Bright Renewables B.V., Carbotech Gas Systems GmbH, Condorchem Envitech SL, DMT International, DP CleanTech Co. Ltd., DVO Inc., Greenlane Renewables Inc., HAASE Umwelttechnik GmbH, Jog Waste to Energy Pvt. Ltd., Nacelle Logistics LLC, NeoZeo AB, Pentair Plc, Veolia Environment SA, Xebec Adsorption Inc., Anaergia Inc., and MalmbergGruppen AB
Market dynamics	Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global biogas upgrading equipment market 2017 - 2021
- Exhibit 17: Historic Market Size – Data Table on Global biogas upgrading equipment market 2017 - 2021 ($ million)

4.2 Technology Segment Analysis 2017 - 2021
- Exhibit 18: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

4.3 Geography Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.4 Country Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Historic Market Size

5.1 Global biogas upgrading equipment market 2022 - 2027
- Exhibit 21: Historic Market Size (value) – Data Table on Global biogas upgrading equipment market 2022 - 2027 ($ million)
- Exhibit 22: Historic Market Size (volume) – Data Table on Global biogas upgrading equipment market 2022 - 2027 ($ million)

5.2 Global biogas upgrading equipment market by Segment – Historic Analysis 2022 - 2027
- Exhibit 23: Historic Market Size (value) - Data Table on Global biogas upgrading equipment market Segment 2022 - 2027 ($ million)

5.3 Global biogas upgrading equipment market by Country 2022 - 2027
- Exhibit 24: Historic Market Size (value) – Data Table on Global biogas upgrading equipment market by Country 2022 - 2027 ($ million)
- Exhibit 25: Historic Market Size (volume) – Data Table on Global biogas upgrading equipment market by Country 2022 - 2027 ($ million)

6 Five Forces Analysis

6.1 Five forces summary
- Exhibit 26: Five forces analysis - Comparison between 2022 and 2027

6.2 Bargaining power of buyers
- Exhibit 27: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

6.3 Bargaining power of suppliers
- Exhibit 28: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

6.4 Threat of new entrants
- Exhibit 29: Threat of new entrants – Impact of key factors in 2022 and 2027

6.5 Threat of substitutes
- Exhibit 30: Threat of substitutes – Impact of key factors in 2022 and 2027

6.6 Threat of rivalry
- Exhibit 31: Threat of rivalry – Impact of key factors in 2022 and 2027

6.7 Market condition
- Exhibit 32: Chart on Market condition - Five forces 2022 and 2027

7 Market Segmentation by Technology

7.1 Market segments
- Exhibit 33: Chart on Technology - Market share 2022-2027 (%)
- Exhibit 34: Data Table on Technology - Market share 2022-2027 (%)

7.2 Comparison by Technology
- Exhibit 35: Chart on Comparison by Technology
- Exhibit 36: Data Table on Comparison by Technology

7.3 Water scrubber - Market size and forecast 2022-2027
- Exhibit 37: Chart on Water scrubber - Market size and forecast 2022-2027 ($ million)
- Exhibit 38: Data Table on Water scrubber - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Chart on Water scrubber - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Water scrubber - Year-over-year growth 2022-2027 (%)

7.4 Chemical scrubber - Market size and forecast 2022-2027
- Exhibit 41: Chart on Chemical scrubber - Market size and forecast 2022-2027 ($ million)
- Exhibit 42: Data Table on Chemical scrubber - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Chart on Chemical scrubber - Year-over-year growth 2022-2027 (%)
- Exhibit 44: Data Table on Chemical scrubber - Year-over-year growth 2022-2027 (%)

7.5 Pressure swing adsorption (PSA) - Market size and forecast 2022-2027
- Exhibit 45: Chart on Pressure swing adsorption (PSA) - Market size and forecast 2022-2027 ($ million)
- Exhibit 46: Data Table on Pressure swing adsorption (PSA) - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Chart on Pressure swing adsorption (PSA) - Year-over-year growth 2022-2027 (%)
- Exhibit 48: Data Table on Pressure swing adsorption (PSA) - Year-over-year growth 2022-2027 (%)

7.6 Membrane - Market size and forecast 2022-2027
- Exhibit 49: Chart on Membrane - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Data Table on Membrane - Market size and forecast 2022-2027 ($ million)
- Exhibit 51: Chart on Membrane - Year-over-year growth 2022-2027 (%)
- Exhibit 52: Data Table on Membrane - Year-over-year growth 2022-2027 (%)

7.7 Others - Market size and forecast 2022-2027
- Exhibit 53: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 55: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 56: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by Technology
- Exhibit 57: Market opportunity by Technology ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2022-2027
- Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Germany - Market size and forecast 2022-2027
- Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.10 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Italy - Market size and forecast 2022-2027
- Exhibit 99: Chart on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Italy - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Italy - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 104: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 105: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 106: Overview on factors of disruption

11.4 Industry risks
- Exhibit 107: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 108: Vendors covered

12.2 Market positioning of vendors
- Exhibit 109: Matrix on vendor position and classification

12.3 2G Energy AG
- Exhibit 110: 2G Energy AG - Overview
- Exhibit 111: 2G Energy AG - Product / Service
- Exhibit 112: 2G Energy AG - Key offerings

12.4 AAT Abwasser und Abfalltechnik GmbH
- Exhibit 113: AAT Abwasser und Abfalltechnik GmbH - Overview
- Exhibit 114: AAT Abwasser und Abfalltechnik GmbH - Product / Service
- Exhibit 115: AAT Abwasser und Abfalltechnik GmbH - Key offerings

12.5 Air Liquide SA
- Exhibit 116: Air Liquide SA - Overview
- Exhibit 117: Air Liquide SA - Business segments
- Exhibit 118: Air Liquide SA - Key news
- Exhibit 119: Air Liquide SA - Key offerings
- Exhibit 120: Air Liquide SA - Segment focus

12.6 Atlas Copco AB
- Exhibit 121: Atlas Copco AB - Overview
- Exhibit 122: Atlas Copco AB - Business segments
- Exhibit 123: Atlas Copco AB - Key news
- Exhibit 124: Atlas Copco AB - Key offerings
- Exhibit 125: Atlas Copco AB - Segment focus

12.7 Carbotech Gas Systems GmbH
- Exhibit 126: Carbotech Gas Systems GmbH - Overview
- Exhibit 127: Carbotech Gas Systems GmbH - Product / Service
- Exhibit 128: Carbotech Gas Systems GmbH - Key offerings

12.8 DMT International
- Exhibit 129: DMT International - Overview
- Exhibit 130: DMT International - Product / Service
- Exhibit 131: DMT International - Key offerings

12.9 DVO Inc.
- Exhibit 132: DVO Inc. - Overview
- Exhibit 133: DVO Inc. - Product / Service
- Exhibit 134: DVO Inc. - Key offerings

12.10 Greenlane Renewables Inc.
- Exhibit 135: Greenlane Renewables Inc. - Overview
- Exhibit 136: Greenlane Renewables Inc. - Product / Service
- Exhibit 137: Greenlane Renewables Inc. - Key offerings

12.11 HAASE Umwelttechnik GmbH
- Exhibit 138: HAASE Umwelttechnik GmbH - Overview
- Exhibit 139: HAASE Umwelttechnik GmbH - Product / Service
- Exhibit 140: HAASE Umwelttechnik GmbH - Key offerings

12.12 Jog Waste to Energy Pvt. Ltd.
- Exhibit 141: Jog Waste to Energy Pvt. Ltd. - Overview
- Exhibit 142: Jog Waste to Energy Pvt. Ltd. - Product / Service
- Exhibit 143: Jog Waste to Energy Pvt. Ltd. - Key offerings

12.13 MalmbergGruppen AB
- Exhibit 144: MalmbergGruppen AB - Overview
- Exhibit 145: MalmbergGruppen AB - Product / Service
- Exhibit 146: MalmbergGruppen AB - Key offerings

12.14 Nacelle Logistics LLC
- Exhibit 147: Nacelle Logistics LLC - Overview
- Exhibit 148: Nacelle Logistics LLC - Product / Service
- Exhibit 149: Nacelle Logistics LLC - Key offerings

12.15 NeoZeo AB
- Exhibit 150: NeoZeo AB - Overview
- Exhibit 151: NeoZeo AB - Product / Service
- Exhibit 152: NeoZeo AB - Key offerings

12.16 Pentair Plc
- Exhibit 153: Pentair Plc - Overview
- Exhibit 154: Pentair Plc - Business segments
- Exhibit 155: Pentair Plc - Key news
- Exhibit 156: Pentair Plc - Key offerings
- Exhibit 157: Pentair Plc - Segment focus

12.17 Xebec Adsorption Inc.
- Exhibit 158: Xebec Adsorption Inc. - Overview
- Exhibit 159: Xebec Adsorption Inc. - Business segments
- Exhibit 160: Xebec Adsorption Inc. - Key news
- Exhibit 161: Xebec Adsorption Inc. - Key offerings
- Exhibit 162: Xebec Adsorption Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 163: Inclusions checklist
- Exhibit 164: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 165: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 166: Research methodology
- Exhibit 167: Validation techniques employed for market sizing
- Exhibit 168: Information sources

13.5 List of abbreviations
- Exhibit 169: List of abbreviations

in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.

slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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