Market Overview:
The Global Onboard Incinerators Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for incinerators from the maritime industry and stringent environmental regulations across the globe. Based on type, the global onboard incinerators market is segmented into horizontal onboard incinerator and vertical onboard incinerator. The horizontal onboard incinerator segment held a dominant share in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to its low installation cost as compared to vertical onboard incinerators and easy operability.
Product Definition:
Onboard Incinerators are a type of incinerator which is installed on a vehicle, such as a truck or train. This allows for the incineration of waste material to take place while the vehicle is in transit. Onboard Incinerators are important for reducing the amount of waste that is produced, as well as helping to keep vehicles clean and free from debris.
Horizontal Onboard Incinerator:
Horizontal onboard incinerator (HBI) is a device used for waste management in ships. It is mounted on the deck of the ship and allows easy disposal of solid and liquid waste generated by the vessel. The process involves burning or pyrolysis instead of landfill, which reduces carbon dioxide emission into atmosphere as compared to conventional means such as sewage treatment plant or landfills.
Vertical Onboard Incinerator:
Vertical onboard incinerator (VBOI) is a waste management system used for the disposal of human and industrial wastes in vessels. It is mainly used to dispose of waste generated by cruise ships, ferries, cargo ships, and other large commercial vessels. The VBOI consists of a holding tank that receives the waste from the vessel’s kitchen area through an onboard sewage treatment plant or directly from discharge pipes on board.
Application Insights:
The cargo ships application segment led the global onboard incinerators market in 2017. The demand for HBIs is expected to witness growth owing to their ability to reduce the discharge of waste into the marine environment and provide a clean burn fuel source, thereby reducing environmental impact. Furthermore, they are designed in a way so as not to create any wake when operating at full speed which aids in maintaining ship stability while sailing under rough sea conditions.
The passenger ships application segment is expected register significant growth over the forecast period due largely to its ability as an environmentally-friendly alternative solution that reduces greenhouse gas emissions by approximately 50%. They are also considered ideal for cruise liners and luxury liners that operate across various seas and oceans around the world since they offer flexibility in terms of design, capacity, location along with ease of operations and maintenance.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing demand for cruise ships and growing maritime trade. The region is expected to witness significant growth over the forecast period, with China accounting for a major share of the overall demand. In addition, factors such as rising disposable income and changing consumer preferences are projected to boost regional growth over the coming years.
The European market is anticipated to grow at an estimated CAGR of XX% from 2018 to 2030 owing to stringent regulations regarding pollution control coupled with technological advancements in incineration systems used onboard vessels. Furthermore, stringent environmental norms by various regulatory bodies such as IMO are also expected drive regional growth over the forecast period.
North America accounted for a significant share of global revenue in 2017 due toward high adoption rate of marine renewable energy technologies across U.S., Canada, and Mexico that resulted into increased sales volume of vessels equipped with on-board incinerators thereby driving industry expansion rates higher than other regions globally during same year).
Growth Factors:
- Increasing demand for incinerators from the municipal solid waste (MSW) sector as a result of stringent government regulations on environment and climate change.
- Growing concerns over public health and the need for better management of infectious medical wastes generated by hospitals, clinics, and other healthcare facilities.
- Rapid expansion in the number of cruise ships and ferries worldwide, which is fueling demand for onboard incinerators to manage shipboard waste disposal needs.
- Rising popularity of incineration as an environmentally friendly alternative to landfilling or composting organic wastes from commercial establishments such as restaurants, hotels, schools, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Onboard Incinerators Market Research Report
By Type
Horizontal Onboard Incinerator, Vertical Onboard Incinerator
By Application
Cargo Ships, Passenger Ships, Tankers, Others
By Companies
TeamTec, Wärtsilä, Atlas Incinerators, Miura Group, ACS, Inc, Inciner8, ECOservice-NEFTEGAZ, EVAC, Detegasa, TeamTec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Onboard Incinerators Market Report Segments:
The global Onboard Incinerators market is segmented on the basis of:
Types
Horizontal Onboard Incinerator, Vertical Onboard Incinerator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cargo Ships, Passenger Ships, Tankers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TeamTec
- Wärtsilä
- Atlas Incinerators
- Miura Group
- ACS, Inc
- Inciner8
- ECOservice-NEFTEGAZ
- EVAC
- Detegasa
- TeamTec
Highlights of The Onboard Incinerators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Horizontal Onboard Incinerator
- Vertical Onboard Incinerator
- By Application:
- Cargo Ships
- Passenger Ships
- Tankers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Onboard Incinerators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Onboard Incinerators are a type of waste management system that burn organic materials, such as food scraps and yard waste, to create heat and energy. This heat is then used to generate electricity or steam. Onboard Incinerators can be used in commercial or residential settings.
Some of the major companies in the onboard incinerators market are TeamTec, W¤rtsil¤, Atlas Incinerators, Miura Group, ACS, Inc, Inciner8, ECOservice-NEFTEGAZ, EVAC, Detegasa, TeamTec.
The onboard incinerators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Onboard Incinerators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Onboard Incinerators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Onboard Incinerators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Onboard Incinerators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Onboard Incinerators Market Size & Forecast, 2018-2028
4.5.1 Onboard Incinerators Market Size and Y-o-Y Growth
4.5.2 Onboard Incinerators Market Absolute $ Opportunity
Chapter 5 Global Onboard Incinerators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Onboard Incinerators Market Size Forecast by Type
5.2.1 Horizontal Onboard Incinerator
5.2.2 Vertical Onboard Incinerator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Onboard Incinerators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Onboard Incinerators Market Size Forecast by Applications
6.2.1 Cargo Ships
6.2.2 Passenger Ships
6.2.3 Tankers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Onboard Incinerators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Onboard Incinerators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Onboard Incinerators Analysis and Forecast
9.1 Introduction
9.2 North America Onboard Incinerators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Onboard Incinerators Market Size Forecast by Type
9.6.1 Horizontal Onboard Incinerator
9.6.2 Vertical Onboard Incinerator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Onboard Incinerators Market Size Forecast by Applications
9.10.1 Cargo Ships
9.10.2 Passenger Ships
9.10.3 Tankers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Onboard Incinerators Analysis and Forecast
10.1 Introduction
10.2 Europe Onboard Incinerators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Onboard Incinerators Market Size Forecast by Type
10.6.1 Horizontal Onboard Incinerator
10.6.2 Vertical Onboard Incinerator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Onboard Incinerators Market Size Forecast by Applications
10.10.1 Cargo Ships
10.10.2 Passenger Ships
10.10.3 Tankers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Onboard Incinerators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Onboard Incinerators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Onboard Incinerators Market Size Forecast by Type
11.6.1 Horizontal Onboard Incinerator
11.6.2 Vertical Onboard Incinerator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Onboard Incinerators Market Size Forecast by Applications
11.10.1 Cargo Ships
11.10.2 Passenger Ships
11.10.3 Tankers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Onboard Incinerators Analysis and Forecast
12.1 Introduction
12.2 Latin America Onboard Incinerators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Onboard Incinerators Market Size Forecast by Type
12.6.1 Horizontal Onboard Incinerator
12.6.2 Vertical Onboard Incinerator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Onboard Incinerators Market Size Forecast by Applications
12.10.1 Cargo Ships
12.10.2 Passenger Ships
12.10.3 Tankers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Onboard Incinerators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Onboard Incinerators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Onboard Incinerators Market Size Forecast by Type
13.6.1 Horizontal Onboard Incinerator
13.6.2 Vertical Onboard Incinerator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Onboard Incinerators Market Size Forecast by Applications
13.10.1 Cargo Ships
13.10.2 Passenger Ships
13.10.3 Tankers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Onboard Incinerators Market: Competitive Dashboard
14.2 Global Onboard Incinerators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TeamTec
14.3.2 Wärtsilä
14.3.3 Atlas Incinerators
14.3.4 Miura Group
14.3.5 ACS, Inc
14.3.6 Inciner8
14.3.7 ECOservice-NEFTEGAZ
14.3.8 EVAC
14.3.9 Detegasa
14.3.10 TeamTec
