Biogas Plant Market Trends and Forecast 2016 - 2022

Scandinavian Biogas, EnviTec Biogas AG, Quadrogen, and Ameresco, Inc., have been the dominant players in the global biogas plant market for various areas in 2015. Each key player holds dominance over a core area within the regional foundation of the global biogas plant market and also possess specializations in the type of feedstock they use. This primarily is based off the general availability of a certain type of feedstock within a region. Quadrogen, for instance, specialized in the use of feedstock from wastewater treatment plants and agricultural digesters.

As stated in a report published by Transparency Market Research, the global biogas plant market is likely to hold a highly competitive scenario for players of all sizes. At the same time, the difficulty of entry for new players is also fairly high, owing to the great amount of technological expertise required to operate modern biogas plants, and the currently large entry barriers posed by the complex and strict framework of regulations, especially in developed economies. This, however, is expected to change over the coming years, and the relaxing of key regulations is likely to attract more players to the global biogas plant market. The global biogas plant market is expected to weigh in at 59,697 total biogas plants by the end of 2016. The market is expected to remain reasonably positive within a forecast period from 2016 to 2024 with a CAGR of 6.5%. By the end of 2024, this market’s volume is expected to reach 86,964 biogas plants, which means that over 30,000 are easily expected to be unveiled within the forecast period.

Growing Financial Aid for Biogas Plants Boosts Confidence in Several New Entrants

“As with any burgeoning market that tries to compete as a substitute to conventional types that already have a massive hold over the global economy, financial backing can be a very valuable thing. The global biogas plant market at the moment not only combats the gigantic oil and gas industry’s markets for fossil fuels, but also other prominent fuel generation types in its own backyard for renewable fuels. While this has deterred several players from entering the global biogas plant market, governments and even private investors are showing their love to the market. The massive scope of fuel generation held by the global biogas plant market, coupled with the growing concerns over fossil fuel-based emissions and the growing landfill problems, have put the players in this market at a unique position where they are getting high levels of financial aid. This currently is the leading factor driving the global biogas plant market,” states a TMR analyst.

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Waste Segregation a Must for Biogas Plants to Prosper

One of the key problems that several players from the global biogas plant market are currently facing is the overall lack of effort that goes into the separation of wastes before appropriate disposal. There is a gross lack of implementation of processes meant to create segregated piles of waste, which is the foremost criteria required for any waste type to be reused or recycled, and the global biogas plant market is no exception to this rule. The global biogas plant market is in a position to show a booming expansion rate in terms of infrastructure and output volumes, but is severely hindered by the lack of waste segregation policies and systems, especially in emerging economies.

“Despite the problem of lack of waste separation, the sheer volume of waste being produced around the world regularly is enough of a force to continue creating opportunities in the global biogas plant market over the coming years. The overall positive nature in which the global biogas plant market can be expanded on is giving players several opportunities to expand their horizons within the market and look towards a brighter, cleaner future,” adds the analyst.

Key segments of the Global Biogas Plant Market

Global Biogas Plant Market: By Feedstock Type

• Agricultural Waste
• Energy Crops
• Sewage Sludge
• Industrial Waste
• Food & Beverages Processing Residue
• Food & Beverages Waste

Riserless Light Well Intervention Market Global Market Opportunity Assessment Study 2020.

With the increasing number of subsea wells requiring some sort of interventions such as repair, measurements, plug zone isolation, chemical treatment, scale removal there is an increasing demand for an efficient subsea light well intervention service. Such a service has been in operation on the Norwegian continental shelf for the past three years and is systematically being improved from year to year. Currently, a long term commitment has been made by Norwegian operators to acquire a RLWI service for one provider for a period of five years. In conjunction with this long term commitment new and improved technology is developed to make this service more efficient. These new technologies include deployment systems, composite cables, coiled tubing from light vessels and advanced well control systems.

Presently there are 300 operating subsea wells by Norwegian companies on the Norwegian Continental Shelf. Further, Norwegian companies are operating subsea fields in deep waters and arctic areas through their international efforts. Historically, some sort of well intervention is required often in subsea wells as large gap is found between wells on fixed platforms and subsea wells. It is mainly due to the lack of well intervention capacity and high cost for subsea wells. Hence, there arises a need to establish a RLWI service that can operate across asset borders.

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Lowering down the cost of operations is the key driving force behind the development of RLWI technology. Such type of technology helps in carrying out cost effective operations into existing subsea wells thereby resulting in additional production volumes from mature subsea fields at highly competitive costs.

The technology comprises a lubricating system for injecting downhole tool packages into the wellbore under full pressure and without taking hydrocarbons back to the vessel. All the equipments to regulate the subsea wells are employed from the dynamically positioned monohull vessel without requiring anchors and workover risers. RLWI operations are generally carried out from a dynamically positioned built intervention vessel to carry out the following operations such as gauging, plugging, logging, re-perforating and various mechanical works to reduce the flow restrictions.

By converting well intervention work from expensive drilling rigs to light monohull vessels the well intervention cost is reduced drastically, thereby enabling large intervention work and gradually increased oil recovery. With advancements in technology subsea IOR project development is taking place and it has direct implications on the type of direct operation to be performed with Riserless Light Well Intervention vessel. The task of establishing a long term RLWI alliance is accomplished with the help of long term agreements between operators and service providers.

The cost of well intervention operations in subsea wells using drilling rigs is higher than conventional well operations. As a result, well interventions such as PLTs are not performed nearly as required from the data gathering point of view with less reservoir understanding. Thus, the newly procured services from the RLWI alliance constitute a solid basis for lowering the cost. Emerging economies and growing populations are some of the key drivers of the riserless light well intervention market. However, integration of new technologies with the existing technology can hinder the growth of the market. Huge opportunities are there for riserless light well intervention market as demand for energy is increasing at a healthy rate owing to the rapid industrialization.

Some of the key players in the business of riserless light well intervention market include FMC Technologies, Statoil ASA, FTO Services, Sapura Kencana Well Services, Aker Solutions and Helix Energy Solutions Group Inc. among others.

Rigless Intervention Systems Market is expected to rise at a remarkable CAGR By 2024

A rapidly growing oil and gas exploration and production industry is likely to be one of the major drivers for Rigless intervention systems. These Rigless intervention systems encompass services such as coiled tubing, wireline and hydraulic workover. The speciality of Rigless intervention systems is that they do not require any conventional workover rig to be used. Additionally these Rigless intervention systems are capable of performing downhole activities in wells that are currently producing. Mostly, Rigless intervention systems are used for carrying out remedial activities on producing oil wells. These intervention activities are carried out to either restore production to original levels or to increase the level of production. One of the major application areas of Rigless Intervention Systems is in the pre-installation of conductors. These are generally required in wellsite preparation activities.

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Rigless Intervention Systems are being used to install multiple conductors before the actual drilling rig is brought to the site. Since the per day rent of a rig is significantly high, these Rigless Intervention Systems are valued as they are capable of saving almost 20 days of a rigs time. Apart from pre-installation of conductors, these Rigless Intervention Systems can also be utilized for workover activities. These systems are especially useful for workovers in tension leg platforms and spar platforms where weight is a major concern. The Rigless Intervention Systems is also utilized for a variety of other functions such as pulling tubing strings and in production risers. These Rigless Intervention Systems have numerous advantages over conventional workover rig methods and casing jacks. The Rigless Intervention System improves efficiency, generates higher cost savings, guarantees more safety and improves the response time to a large extent.

Generally these Rigless Intervention Systems come in modular designs which allow them to be erected briskly without much cutting and welding activities required. These systems can also be easily transported and installed on site without requiring support from a derrick barge. These Rigless Intervention Systems also come equipped with large work areas which enhance safety. Rigless Intervention Systems are gradually finding increasing applications in subsea environments. They are especially being used for well abandonments. The Rigless Intervention Systems market can broadly be segmented as offshore and onshore. With exploration activities moving from shallow to ultra deepwater environments, the costs of rigs are increasing exponentially. The demand for Rigless Intervention Systems is likely to increase significantly in the future, especially in offshore environments. In terms of applications, Rigless Intervention Systems can be segmented as pre installation services, abandonment services and wireline services. As a large number of existing oil producing wells are gradually drying up, an increasing demand for abandonment services are likely to be required in the future.

This is in turn likely to increase the demand for Rigless Intervention Systems in the future, especially in offshore environments. A large number of offshore wells are being explored in the Latin American and African regions. These are likely to be attractive markets for Rigless Intervention Systems in the future. The offshore market is likely to be the major segment for Rigless Intervention Systems within the forecast period. This is mainly because much higher cost savings can be generated in offshore environments by minimizing unnecessary rig usage. Some of the major players dealing in Rigless Intervention Systems include Baker Hughes, Schlumberger Limited, Weatherford International and Halliburton among others.

Global Wind Turbine Operations and Maintenance Market: Companies with Close Proximity to Wind Turbine Farms Take the Lead

The global wind turbine operations and maintenance (O&M) market features a highly fragmented vendor landscape, with few players singly holding significant share in the overall market, observes a report published by Transparency Market Research. Small and medium scale enterprises having operations close to wind turbine farms enjoy lucrative business owing to exclusive contacts with wind turbine operators. Close proximity of small and medium scale companies to wind power farms allow quick delivery of services and timely restoration of operations due to early recovery from technical glitches.

The global wind turbine operations and maintenance market is anticipated to expand at a CAGR of close to 9% from 2015 to 2023 and reach US$20,591.0 mn by 2023.

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Rising Numbers of Offshore Wind Turbine Installations to Develop Lucrative Growth Opportunities

In terms of geography, Europe is presently the dominant regional market for wind turbine operations and maintenance. The region accounted for a significant share in the global wind turbine operations and maintenance market in 2014 and is expected to retain dominance over the report’s forecast period, chiefly owing to the increased focus of European countries on making renewable energy a chief part of their energy mixes.

In terms of application, the onshore wind turbine industry presently accounts for over 90% of the global wind turbine O&M market and will remain the dominant demand driver of wind turbine operations and maintenance services in the near future as well. However, with rising attention being placed on the development of the abundant offshore wind resources will lead to the increased demand for O&M activities in the offshore wind turbine sector. This is expected to result in vast reduction in the share of onshore wind turbine in the global wind turbine O&M market.

Rising Number of Old Wind Turbines and Offshore Projects to Drive Market

The market for wind turbine operation and maintenance is fueled chiefly owing to the rising number of aging wind turbines and the vast rise in wind turbine installations across offshore sites. Post commissioning, the average shelf life of turbines ranges from 20 to 25 years. As a result, the aging wind turbines, which were installed as long back as 1998, require more repair and maintenance for efficient operations. Operation and maintenance are required most often after nearly 10 years of commissioning. As an increasing number of wind turbines pass this phase of their workable life, the market for wind turbine operations and maintenance is also expected to gain traction.

In addition to this, the rising numbers of offshore wind power projects across the globe are also playing an important role in propelling the wind turbine operation and maintenance market. Operation and maintenance activities account for nearly 25% of the overall life-time costs of an offshore wind power project. This is owing to the fact that O&M activities on offshore sites require the intervention of specialists to install and lift components required for repairs and general maintenance. Also, the harsh weather conditions and difficult accessibility common to offshore wind project sires require special logistics, giving rise to additional costs.

Lack of Skilled Resources to Hamper Market Growth

Operations and maintenance of wind turbines, irrespective of their location (onshore or offshore site), requires operational knowledge of special and highly technical lifting and logistics tools. Furthermore, the newer varieties of wind turbines have highly complex operations owing to technological advancements in terms of components and overall workflow. To handle such complex machines, it is extremely necessary that the operations and maintenance personal are well-equipped with the required technical know-how. The lack of such resources could be a key factor hampering the overall development of the global wind turbine operations and maintenance market.

This review of the market is based on a recent market research report published by Transparency Market Research, titled “Wind Turbine Operations and Maintenance Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015-2023.”

For the study, the market has been segmented into:

Global Wind Turbine Operation and Maintenance Market: By Application

• Onshore
• Offshore

Global Wind Turbine Operation and Maintenance Market: By Region

• North America
• Europe
• Asia Pacific
• Rest of World (RoW)

Power Transmission Components Market: Initiatives to Reduce Carbon Footprint of Power Transmission Industry to Prove Favorable.

The global power transmission components market features a fragmented vendor landscape but a considerably high level of consolidation when it comes to the share of leading players in the global market, observes a recent report by Transparency Market Research (TMR). “The top five players in the market, namely Eaton Corporation, Siemens AG, Emerson Electric Company, ABB Group, and Mitsubishi Electric Corporation, collectively held nearly 64% of the highly competitive market in 2015. Focus on the development of green products and solutions, such as the Siemens’ vegetable oil-based transformer, and acquisition of key transmission companies in developing economies have positioned these players at the top of the market,” adds a TMR analyst.

TMR states that the market will exhibit a promising single-digit CAGR over the period between 2015 and 2023 and rise to a valuation of US$102.57 bn by 2023 from US$64.15 bn in 2015.

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Rising Upgradation to Smart Grid Power Transmission Networks to Make Asia Pacific a Promising Regional Market

In terms of geography, Asia Pacific will continue to account for a dominant share in the global market’s revenue by 2023. Need for upgradation of outdated power transmission networks and the rising focus on switching to smart grid to sustain the demand for effective power supply from the ever-increasing population will be key to the regional market’s promising growth prospects in the near future. The Asia Pacific power transmission components market will account for over 35% of the overall market by 2023.

In terms of the key components used across a typical power transmission system, the market is expected to gain a dominant share in revenue owing to the sales of switchgear and circuit breakers. It is estimated that the segment of switchgear and circuit breakers will account for over 42% of the global market by 2023.

Stringent Regulations to Cut-down Carbon Emissions Drive Demand for Modern Power Transmission Components

Amid the significant and unending rise in the global demand for energy, the focus on ways of reducing the carbon footprint of the power generation and distribution industry has also significantly increased in the past few years. From being dependent on the highly polluting fossil fuels for much of its output to losing significant amounts of energy produced from such sources on account of old and inefficient transmission infrastructure, the global power generation and distribution industry is one of the key sources of carbon emissions.

In several countries, strict norms and regulations have been imposed to reduce carbon emissions resulting from the generation, distribution, and transmission of power. In the U.S., for instance, the carbon emissions from these sources are set to be reduced by 32% by 2030. Across the European Union, countries plan to attain a 20% reduction in carbon emissions, a 20% rise in energy generation from renewable sources, and a 20% rise in energy efficiency. These factors are collectively expected to boost the demand for modern power transmission components across these regions in the next few years. In developing regions, the continuous expansion of power transmission networks will be the key driving force of the power transmission components market.

High Base and Installations Costs to Hamper Growth

The market for power transmission components is hampered, especially in developing economies, owing to the high base and installation cost required to set up new and/or advanced power transmission infrastructure. Cost of undertaking commercial power transmission operations requires prudent budgeting owing to the immense expenses incurred during operation, repair, and maintenance of transmission components. This is not economically feasible without government support and is highly dependent on subsidies or grants in many countries. These factors are expected to have a negative impact on the development of the market in the next few years.

This review of the market is based on a recent market research report published by Transparency Market Research, titled “Power Transmission Components Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015-2023.”

For the study, the global power transmission components market has been segmented as follows:

Power Transmission Components Market: By Components Type

• Switchgears & Circuit Breakers
• Transformers
• Capacitors & Insulators
• Others (Power Convertors, Relays etc.)

Power Transmission Components Market: By Current Type

• HVAC (High Voltage Alternating Current)
• HVDC (High Voltage Direct Current)

In-Pipe Hydro Systems Market is expected to rise at a remarkable CAGR By 2024

In-pipe hydro systems are micro hydro turbines with a power generation capacity of up to 100kW, used to generate power/ conduct electricity from pipe water. They harness the untapped and wasted energy of flowing water from the urban water distribution system. In-pipe hydro systems have demonstrated a huge potential to become a major alternative for small-scale residential and commercial energy requirements in the future, primarily due to their low setting up costs and land requirement as opposed to large-scale hydroelectric power plants, wind farms, and solar farms. Moreover, they have zero to little environmental impact.

Growing urbanization and emphasis on smart cities in developing countries besides the subsequent demand for energy, and the need to fulfil it in clean and eco-friendly ways are the factors expected to propel the in-pipe hydro systems market. Furthermore, developed metro cities are shifting toward these systems to supply tap water to high rise buildings and power metering devices, drainage systems, and heating & cooling systems. Their installation can be integrated with the pipe replacement, rehabilitation, and maintenance of the existing water distribution and sewer systems. The most challenging, crucial, and time-consuming phase in this entire process is location selection, on which the overall performance is dependent. This puts a restraint on the in-pipe hydro system market. Moreover, the use of water in sewage system is steadily declining across the globe thereby creating sludge density issues.

Based on design, in-pipe hydro systems are divided into internal and external categories. The former is more compact, can generate power ranging from a mere 5 W up to 100 kW, and is available in a range of pipe diameter-centered varieties such as in-line impellers, hydro coils, and Gorlov vertical axis turbines. The external systems, on the other hand, are equipped with specialized conduits for intake and outlet of water, owing to which they have a larger space requirement. Retrofitting them in the existing water grid is also not always suitable and hence avoided. In terms of distribution system, the market can be split into the (drinking) water and sewage water segments, while application-based divisions include urban (powering water flow and controlling metering stations located away from the electrical grid), building (pumping), and others.

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Geographically, the in-pipe hydro system market is distributed over Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. With an increasing number of metro cities shifting toward eco-friendly and green alternatives, the concept of integrating in-pipe hydro systems into the original water grids is gradually being explored. Europe and North America dominate the market, while Asia Pacific and Latin America are also evolving and exhibit significant potential.

The growing demand for in-pipe hydro systems has encouraged numerous companies to venture into the market. Key players include LucidEnergy, Leviatan Energy Hydroelectric LLC., Toshiba Corporation Power Systems & Services Company, and Xinda Green Energy Co.,Limited.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The Oil and Gas Pipeline Corrosion Prevention Market is expected to witness substantial growth during Forecast by 2024

Global Oil and Gas Pipeline Corrosion Prevention Market: Overview

The vast rise in population and industrial activities in the past few years, especially across developing economies such as India, China, Indonesia, and Brazil, have led to a significant rise in demand for energy. This factor has had a significant positive impact on oil and gas exploration and production activities globally, while also substantially increasing the need for transportation/supply infrastructure. Pipelines being one of the cheapest and most convenient means of supplying oil and gas products such as natural gas, crude oil, and several varieties of refined or intermediate products, their network is expanding at an encouraging pace globally.

This report on the global oil and gas pipeline corrosion market gives an overview of the market that deals with the various products, techniques, and all key aspects concerned with the prevention of corrosion of oil and gas pipelines. The report presents a detailed overview of the present state of the market and includes forecasts about the growth prospects of the market and its key segments over the period between 2016 and 2024.

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Vast quantitative and qualitative data about the market and its segment, gathered with the help of detailed primary and secondary research methodologies, provide a solid basis for examining the market’s present state. Analysis of key trends of the past and present years, drivers, restraints, regulatory scenario, and competitive landscape, with the help of industry-standard analytical tools and inputs from industry experts, allow a reliable overview of the market’s future growth prospects.

Global Oil and Gas Pipeline Corrosion Prevention Market: Trends and Opportunities

The concerns regarding costly leakages of oil and gas, impact of interruptions in supply on consumer relations and convenience, and the immense monetary losses that pipeline corrosion can cost by hampering the operations of an oil and gas infrastructure highly dependent on pipelines are the key factors driving the market. The continuously expanding network of oil and gas supply pipelines across developing economies such as countries in Asia Pacific, Latin America, and Africa has also led to significant traction in the field of oil and gas pipeline corrosion prevention services and products.

The offshore oil and gas exploration and production industry could prove to be an area with high return on investment owing to the rising focus on offshore drilling in the face of shrinking reserves across conventional sites. The increased adoption of monitoring and sensing technologies to enable the remote examination of internal corrosion of oil and gas pipelines has also emerged as a key trend in the global market.

Global Oil and Gas Pipeline Corrosion Prevention Market: Geographical and Competitive Dynamics

On the basis of geography, the global gas pipeline corrosion prevention market can be segmented into North America, Asia Pacific, Europe, and Middle East and Africa. Home to some of the world’s largest oil and gas producing nations, Middle East is one of the key markets for oil and gas pipeline corrosion prevention operations. North America also accounts for a significant share in the overall market and is expected to lead to significant growth opportunities for the market in the next few years.

The recent boost in shale gas production in the U.S. will be key to the North America market’s growth over the report’s forecast period. In Africa, the market for oil and gas pipeline corrosion prevention will be driven by the recent oil and gas discoveries. Rising demand for oil and gas owing to the rapidly expanding population and encouraging pace of industrialization will bolster the market in Asia Pacific.

Some of the key vendors operating in the market are Southern Cathodic Protection, 3M, The Valspar Corporation, and Chase Corporation.