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Global Waste to Energy Market by Technology and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2022
  • Pages: 144
  • SKU: IRTNTR40384
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The Waste-to-energy Market is projected to grow by USD 20.6 billion at a CAGR of 7.3% during the forecast period 2021 to 2026.

This waste-to-energy market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the waste-to-energy market segmentation by technology (thermal and biological) and geography (Europe, APAC, North America, the Middle East and Africa, and South America). The waste-to-energy market report also offers information on several market vendors, including Babcock & Wilcox Enterprises Inc., Biffa Plc, China Everbright Environment Group Ltd., CNIM SA, Covanta Holding Corp., Electricite de France SA, EVOQUA WATER TECHNOLOGIES CORP., Fulcrum BioEnergy Inc., Hitachi Zosen Corp., John Wood Group PLC, Keppel Corp., Mitsubishi Heavy Industries Ltd., MVV Energie AG, Ramboll Group AS, SUEZ SA, Veolia Environment SA, Waste Management Inc., Wheelabrator Technologies Holdings Inc., and Xcel Energy Inc. among others.

What will the waste-to-energy Market Size be During the Forecast Period?

Waste to Energy Market Size

Download Report Sample to Unlock the waste-to-energy Market Size for the Forecast Period and Other Important Statistics

 

Waste-to-energy Market: Key Drivers, Trends, and Challenges

The research studied the historical data considered for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the global waste-to-energy market.

Key waste-to-energy Market Driver

Rising investments in waste-to-energy plants are a key factor driving the global waste-to-energy market growth. The increasing focus on fighting climate change and making manufacturing, waste management, and industrial processes cleaner and greener has led to the need for stringent waste-to-energy solutions worldwide. The need to manage the rising generation of MSW is encouraging market vendors to invest in waste-to-energy solutions. Vendors are increasingly investing in the market in focus encouraged by the additional benefits, such as the generation of alternative sources of energy, increasing awareness about the environmental implications of waste generation, and the need to limit the negative impact of the waste that is generated worldwide. Factors such as the need for waste management and the increasing awareness of the negative impact of waste on the environment are leading to a rise in investments in the market in focus, which will have a positive impact on the global waste-to-energy market during the forecast period.

Key waste-to-energy Market Trend

The rising number of strategic partnerships and alliances will fuel the global waste-to-energy market growth. The high growth potential of the global waste-to-energy market is encouraging vendors to enter into strategic partnerships and focus on expanding their customer base and footprint to capitalize on the growth opportunities. Therefore, vendors in the market are entering into strategic partnerships and alliances to provide high-quality waste-to-energy services. This is resulting in a rise in the number of partnerships and strategic alliances between market participants. Thus, the increasing number of partnerships in the global waste-to-energy market is expected to accelerate the growth of the global waste-to-energy market during the forecast period.

Key waste-to-energy Market Challenge

The high operating and maintenance costs of waste-to-energy plants are a major challenge to the global waste-to-energy market growth. Waste-to-energy technologies such as incineration are widely adopted across different regions. However, incineration plants require substantial capital investments and involve high operating and maintenance costs. The costs vary depending on the plant size, local infrastructural conditions, design, energy utilization capacity, and waste disposal amenities. As a result, incineration requires investments from foreign companies in establishing the treatment facility and for the initial setup and maintenance of the operating cycle and spare parts, which will subsequently be required. Moreover, the operation of an incineration plant requires skilled staff. Hence, most of these plants are maintained by the vendors themselves during the initial period and then are handed over to the client after a certain period of time. Hence, the costs and complexities involved in MSW treatment processes, including landfilling and incineration, may limit the adoption of efficient waste-to-energy processes, thus restricting the growth of the global waste-to-energy market during the forecast period.

This waste-to-energy market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global waste-to-energy market as a part of the global environmental and facilities services market within the global industrial market. Our research report has extensively covered the external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the waste-to-energy market during the forecast period.

Who are the Major waste-to-energy Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Babcock & Wilcox Enterprises Inc.
  • Biffa Plc
  • China Everbright Environment Group Ltd.
  • CNIM SA
  • Covanta Holding Corp.
  • Electricite de France SA
  • EVOQUA WATER TECHNOLOGIES CORP.
  • Fulcrum BioEnergy Inc.
  • Hitachi Zosen Corp.
  • John Wood Group PLC
  • Keppel Corp.
  • Mitsubishi Heavy Industries Ltd.
  • MVV Energie AG
  • Ramboll Group AS
  • SUEZ SA
  • Veolia Environment SA
  • Waste Management Inc.
  • Wheelabrator Technologies Holdings Inc.
  • Xcel Energy Inc.

This statistical study of the waste-to-energy market encompasses successful business strategies deployed by the key vendors. The waste-to-energy market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • babcock.com - The company offers solutions for waste to energy using two options; the first one is where the waste is used as a combustion fuel by mass burning; in this, the municipal solid waste uses the refuse in its as-received, unprepared state. The second technique uses prepared refuse, or refuse-derived fuel (RDF), where the as-received refuse is first separated, classified and reclaimed.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

waste-to-energy Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the waste-to-energy market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global industrial market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for the waste-to-energy Market?

Waste to Energy Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

44% of the market’s growth will originate from Europe during the forecast period. Germany and France are the key markets for the waste-to-energy market in Europe. Market growth in this region will be slower than the growth of the market in other regions.

The rising investments in waste-to-energy plants will facilitate the waste-to-energy market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 adversely affected the demand for waste to energy from end-user industries, such as chemicals, automobiles, and food beverage. Stringent lockdowns were imposed in Europe due to the increasing number of COVID-19 cases, which resulted in the closure of manufacturing industries, thus reducing the demand for energy. All these factors negatively affected the growth of the waste-to-energy market in Europe in 2020. However, the lockdowns were lifted in the second half of 2020 due to the initiation of vaccination drives in Europe, which resulted in the resumption of operations in manufacturing industries. With the increasing operations in industries, the demand for waste-to-energy systems has also been increasing to conserve loss of energy. Thus, all these factors will drive the growth of the waste-to-energy market in Europe during the forecast period.

What are the Revenue-generating Technology Segments in the waste-to-energy Market?

Waste to Energy Market Share

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The waste-to-energy market share growth by the thermal segment will be significant during the forecast period. Thermal waste-to-energy technology is a conventional method of producing energy from waste. It offers a solution for the treatment of non-reusable and non-recyclable waste, i.e., municipal solid waste (MSW), at high temperatures in an economical and environment-friendly way. Thermal treatment reduces the mass and volume of the waste and prevents hazardous chemicals/gases from being released into the atmosphere by simultaneously using them to generate electricity, heat, and thermal energy. The energy produced can then be used for industrial processing and district heating systems. Thermal waste-to-energy plants burn waste at high temperatures and use this heat to produce steam. This steam is used for electricity generation using turbines. The three major processes used in thermal waste-to-energy technology include the combustion or incineration method in excess air, the gasification method in reduced air, and the pyrolysis method in the absence of air. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the waste-to-energy market size and actionable market insights on the post-COVID-19 impact on each segment.

 

waste-to-energy Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.3%

Market growth 2022-2026

$20.6 billion

Market structure

Fragmented

YoY growth (%)

6.42

Regional analysis

Europe, APAC, North America, the Middle East and Africa, and South America

Performing market contribution

Europe at 44%

Key consumer countries

US, Japan, China, Germany, and France

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Babcock & Wilcox Enterprises Inc., Biffa Plc, China Everbright Environment Group Ltd., CNIM SA, Covanta Holding Corp., Electricite de France SA, EVOQUA WATER TECHNOLOGIES CORP., Fulcrum BioEnergy Inc., Hitachi Zosen Corp., John Wood Group PLC, Keppel Corp., Mitsubishi Heavy Industries Ltd., MVV Energie AG, Ramboll Group AS, SUEZ SA, Veolia Environment SA, Waste Management Inc., Wheelabrator Technologies Holdings Inc., and Xcel Energy Inc.

Market dynamics

Parent market analysis, 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 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 waste-to-energy Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive waste-to-energy market growth during the next five years
  • Precise estimation of the waste-to-energy market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the waste-to-energy industry across Europe, APAC, North America, the Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of waste-to-energy market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Technology

    • 5.1 Market segments
      • Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
    • 5.2 Comparison by Technology
      • Exhibit 26: Chart on Comparison by Technology
      • Exhibit 27: Data Table on Comparison by Technology
    • 5.3 Thermal - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Thermal - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Thermal - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Thermal - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Thermal - Year-over-year growth 2021-2026 (%)
    • 5.4 Biological - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Biological - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Biological - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Biological - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Biological - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Technology
      • Exhibit 36: Market opportunity by Technology ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 Japan - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Babcock and Wilcox Enterprises Inc.
              • Exhibit 89: Babcock and Wilcox Enterprises Inc. - Overview
              • Exhibit 90: Babcock and Wilcox Enterprises Inc. - Business segments
              • Exhibit 91: Babcock and Wilcox Enterprises Inc. - Key news
              • Exhibit 92: Babcock and Wilcox Enterprises Inc. - Key offerings
              • Exhibit 93: Babcock and Wilcox Enterprises Inc. - Segment focus
            • 10.4 China Everbright Environment Group Ltd.
              • Exhibit 94: China Everbright Environment Group Ltd. - Overview
              • Exhibit 95: China Everbright Environment Group Ltd. - Business segments
              • Exhibit 96: China Everbright Environment Group Ltd. - Key offerings
              • Exhibit 97: China Everbright Environment Group Ltd. - Segment focus
            • 10.5 Covanta Holding Corp.
              • Exhibit 98: Covanta Holding Corp. - Overview
              • Exhibit 99: Covanta Holding Corp. - Product / Service
              • Exhibit 100: Covanta Holding Corp. - Key offerings
            • 10.6 Electricite de France SA
              • Exhibit 101: Electricite de France SA - Overview
              • Exhibit 102: Electricite de France SA - Business segments
              • Exhibit 103: Electricite de France SA - Key news
              • Exhibit 104: Electricite de France SA - Key offerings
              • Exhibit 105: Electricite de France SA - Segment focus
            • 10.7 Hitachi Zosen Corp.
              • Exhibit 106: Hitachi Zosen Corp. - Overview
              • Exhibit 107: Hitachi Zosen Corp. - Business segments
              • Exhibit 108: Hitachi Zosen Corp. - Key offerings
              • Exhibit 109: Hitachi Zosen Corp. - Segment focus
            • 10.8 Keppel Corp.
              • Exhibit 110: Keppel Corp. - Overview
              • Exhibit 111: Keppel Corp. - Key offerings
            • 10.9 SUEZ SA
              • Exhibit 112: SUEZ SA - Overview
              • Exhibit 113: SUEZ SA - Business segments
              • Exhibit 114: SUEZ SA - Key offerings
              • Exhibit 115: SUEZ SA - Segment focus
            • 10.10 Veolia Environment SA
              • Exhibit 116: Veolia Environment SA - Overview
              • Exhibit 117: Veolia Environment SA - Business segments
              • Exhibit 118: Veolia Environment SA - Key offerings
              • Exhibit 119: Veolia Environment SA - Segment focus
            • 10.11 Waste Management Inc.
              • Exhibit 120: Waste Management Inc. - Overview
              • Exhibit 121: Waste Management Inc. - Product / Service
              • Exhibit 122: Waste Management Inc. - Key offerings
            • 10.12 Wheelabrator Technologies Holdings Inc.
              • Exhibit 123: Wheelabrator Technologies Holdings Inc. - Overview
              • Exhibit 124: Wheelabrator Technologies Holdings Inc. - Product / Service
              • Exhibit 125: Wheelabrator Technologies Holdings Inc. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 126: Inclusions checklist
                • Exhibit 127: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 128: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 129: Research methodology
                • Exhibit 130: Validation techniques employed for market sizing
                • Exhibit 131: Information sources
              • 11.5 List of abbreviations
                • Exhibit 132: List of abbreviations

              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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT 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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              market growth will increase by $ during .
              The market is expected to grow at a CAGR of % during .
              Technavio has segmented the market by
              are a few of the key vendors in the market.
              will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the market growth are:
              The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • 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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