Sustainable Aviation Fuel market size is to grow by USD 1,978 million from 2022 to 2027 | Favourable government policies drive the market - Technavio

NEW YORK, Aug. 1, 2023 /PRNewswire/ -- The sustainable aviation fuel market size is estimated to increase by USD 1,978 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 59.08%. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report - Request a sample report

Global Sustainable aviation fuel market – Vendor Analysis
Vendor Landscape - The global sustainable aviation fuel market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer sustainable aviation fuel in the market are Aemetis Inc., Alder Energy LLC, Chevron Corp., Cummins Inc., Deutsche Lufthansa AG, Eni SpA, Fulcrum BioEnergy Inc., Gevo Inc., LanzaTech Global Inc., Neste Corp., OMV Aktiengesellschaft, Pan Oleo Energy Ltd., Preem Holdings AB, Sasol Ltd., Shell plc, SkyNRG BV, SYNHELION SA, TotalEnergies SE, Velocys Plc, and World Energy LLC and others.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• Aemetis Inc. - The company offers sustainable aviation fuel.
• Cummins Inc. - The company offers sustainable aviation fuels such as hydrogen fuel cells.
• Eni SpA - The company offers sustainable aviation fuels such as Eni Biojet.
• For details on the vendor and its offerings – Request a sample report

Sustainable Aviation Fuel Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on type(Biofuel, Hydrogen fuel, and Power to liquid fuel), application (Commercial aviation, Business and general aviation, Military aviation, and Unmanned aerial aviation), and geography (North America, APAC, Europe, Middle East and Africa, and South America). 

• The biofuel segment is estimated to witness significant growth during the forecast period. Regulatory bodies, such as grading aircraft based on carbon emissions and pollution, are driving the aviation industry to reduce emissions, leading to a growing Sustainable Aviation Fuel (SAF) Market. Aircraft and aircraft component manufacturers are increasingly focusing on emission reduction. Various stakeholders, including the International Civil Aviation Organization (ICAO) and Commercial Aviation Alternative Fuels Initiative (CAAFI), are working to make sustainable aviation biofuel more commercially viable. Despite being a possible alternative, biofuels face limitations such as low availability and challenges from the conventional fossil fuels market. However, increased government emphasis on targets and incentives is expected to boost the growth of the global aviation biofuel market during the forecast period.

Geography Overview
By geography, the global sustainable aviation fuel market is segmented into North America, APAC, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global sustainable aviation fuel market.

• North America is estimated to account for 39% 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. In North America, the robust aviation industry coupled with the global demand for new aircraft, has led to significant investments in manufacturing more efficient aircraft systems. This is expected to impact the Sustainable Aviation Fuel (SAF) market in the region, particularly in the US, where the country is anticipated to lead in integrated biorefinery manufacturing for bio-based jet fuel and marine distillates. Incentives like special category loans, grants, and funds have been employed to enhance economic viability and expand research and development in the SAF market. These initiatives have also improved biodiesel quality and increased the viability of the SAF market. Moreover, government subsidies and incentives for biodiesel usage further contribute to the growth of the sustainable aviation fuel market during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Sustainable Aviation Fuel Market – Market Dynamics

Leading Drivers

Favourable government policies are the major factor notably driving market growth. The growing environmental and energy security concerns have led to an increased demand for renewable fuels like cellulosic ethanol and biodiesel. Governments in countries like Germany and India are actively promoting the use of biodiesel and ethanol by setting targets for their utilization in pure form or blends. The European Union's Renewable Energy Directive (RED) has set a goal of meeting 10% of transportation system energy requirements with renewable energy by 2020. Incentives such as grants, special loans, and tax credits are provided to encourage the adoption of these renewable fuels. For instance, the US government offers a tax credit of USD 1 per gallon of biodiesel. These government-driven benefits and initiatives play a significant role in boosting the production and consumption of sustainable aviation fuels globally, leading to the growth of the sustainable aviation fuel market during the forecast period.

Key Trends

Research on third-generation biofuels is an emerging trend shaping market growth. First-generation biofuels are derived from vegetable oil, starch, sugar, and animal fats, while second-generation biofuels, known as sustainable aviation fuels, are produced from non-food crops like wood (sawdust) and organic waste (corn-Stover). However, third-generation biofuels, derived from algae, offer several advantages over other sources, including higher quality and greater yield. Microalgae cultivated for biofuel production have a high lipid content, making them a promising option for expanding the sustainable aviation fuel market. The integration and utilization of third-generation fuels with technology are expected to drive the growth of the sustainable aviation fuel market during the forecast period.

Major challenges

The higher cost of production compared to conventional fuels is a major challenge hindering market growth. The current technology used for producing sustainable aviation fuels is inefficient and not cost-effective compared to conventional fuels. To compete as a viable sustainable fuel and contribute to global carbon emissions reduction efforts, more efficient and sustainable processing techniques are needed. Electric vehicles are considered a more economical and sustainable alternative to both conventional fuels and sustainable aviation fuels, potentially offering a more cost-effective way to reduce carbon emissions. The dynamic energy landscape and high costs associated with sustainable aviation fuels are currently impeding the growth of the global sustainable aviation fuel market during the forecast period.

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this Sustainable Aviation Fuel Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the sustainable aviation fuel market between 2023 and 2027
• Precise estimation of the sustainable aviation fuel market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Growth of the sustainable aviation fuel market across North America, APAC, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of sustainable aviation fuel market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

The commercial aircraft aviation fuel market size is estimated to grow at a CAGR of 7.65% between 2022 and 2027, and the size of the market is forecast to increase by USD 49.5 billion. This report extensively covers market segmentation by application (passenger aircraft and cargo aircraft), type (air turbine fuel (ATF), aviation biofuel, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The increase in demand for air travel is the key factor driving the growth of the global commercial aircraft aviation fuel market.

The aviation fuel market size is estimated to grow at a CAGR of 8% between 2022 and 2027. The market size is forecast to increase by USD 93.88 billion. This report extensively covers market segmentation by end-user (commercial, military, and private), product (ATF and aviation biofuel), and geography (North America, APAC, Europe, South America, and Middle East and Africa). Increasing focus on clean aviation fuel will drive the growth of the market.

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 Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global sustainable aviation fuel market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global sustainable aviation fuel market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Biofuel - Market size and forecast 2022-2027
• Exhibit 34: Chart on Biofuel - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Biofuel - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Biofuel - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Biofuel - Year-over-year growth 2022-2027 (%)

• 6.4 Hydrogen fuel - Market size and forecast 2022-2027
• Exhibit 38: Chart on Hydrogen fuel - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Hydrogen fuel - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Hydrogen fuel - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Hydrogen fuel - Year-over-year growth 2022-2027 (%)

• 6.5 Power to liquid fuel - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Power to liquid fuel - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Power to liquid fuel - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Power to liquid fuel - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Power to liquid fuel - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 46: Market opportunity by Type ($ million)
• Exhibit 47: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 48: Chart on Application - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 50: Chart on Comparison by Application
• Exhibit 51: Data Table on Comparison by Application

• 7.3 Commercial aviation - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Commercial aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Commercial aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Commercial aviation - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Commercial aviation - Year-over-year growth 2022-2027 (%)

• 7.4 Business and general aviation - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Business and general aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Business and general aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Business and general aviation - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Business and general aviation - Year-over-year growth 2022-2027 (%)

• 7.5 Military aviation - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Military aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Military aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Military aviation - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Military aviation - Year-over-year growth 2022-2027 (%)

• 7.6 Unmanned aerial aviation - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Unmanned aerial aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Unmanned aerial aviation - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Unmanned aerial aviation - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Unmanned aerial aviation - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 68: Market opportunity by Application ($ million)
• Exhibit 69: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

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

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

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

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

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

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

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

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027
• Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on 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 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Aemetis Inc. 
• Exhibit 123: Aemetis Inc. - Overview
• Exhibit 124: Aemetis Inc. - Business segments
• Exhibit 125: Aemetis Inc. - Key offerings
• Exhibit 126: Aemetis Inc. - Segment focus

• 12.4 Cummins Inc. 
• Exhibit 127: Cummins Inc. - Overview
• Exhibit 128: Cummins Inc. - Business segments
• Exhibit 129: Cummins Inc. - Key offerings
• Exhibit 130: Cummins Inc. - Segment focus

• 12.5 Eni SpA 
• Exhibit 131: Eni SpA - Overview
• Exhibit 132: Eni SpA - Business segments
• Exhibit 133: Eni SpA - Key offerings
• Exhibit 134: Eni SpA - Segment focus

• 12.6 Fulcrum BioEnergy Inc. 
• Exhibit 135: Fulcrum BioEnergy Inc. - Overview
• Exhibit 136: Fulcrum BioEnergy Inc. - Product / Service
• Exhibit 137: Fulcrum BioEnergy Inc. - Key offerings

• 12.7 Gevo Inc. 
• Exhibit 138: Gevo Inc. - Overview
• Exhibit 139: Gevo Inc. - Business segments
• Exhibit 140: Gevo Inc. - Key offerings
• Exhibit 141: Gevo Inc. - Segment focus

• 12.8 LanzaTech Global Inc. 
• Exhibit 142: LanzaTech Global Inc. - Overview
• Exhibit 143: LanzaTech Global Inc. - Product / Service
• Exhibit 144: LanzaTech Global Inc. - Key offerings

• 12.9 Neste Corp. 
• Exhibit 145: Neste Corp. - Overview
• Exhibit 146: Neste Corp. - Business segments
• Exhibit 147: Neste Corp. - Key news
• Exhibit 148: Neste Corp. - Key offerings
• Exhibit 149: Neste Corp. - Segment focus

• 12.10 Preem Holdings AB 
• Exhibit 150: Preem Holdings AB - Overview
• Exhibit 151: Preem Holdings AB - Business segments
• Exhibit 152: Preem Holdings AB - Key offerings
• Exhibit 153: Preem Holdings AB - Segment focus

• 12.11 Sasol Ltd. 
• Exhibit 154: Sasol Ltd. - Overview
• Exhibit 155: Sasol Ltd. - Business segments
• Exhibit 156: Sasol Ltd. - Key news
• Exhibit 157: Sasol Ltd. - Key offerings
• Exhibit 158: Sasol Ltd. - Segment focus

• 12.12 Shell plc 
• Exhibit 159: Shell plc - Overview
• Exhibit 160: Shell plc - Business segments
• Exhibit 161: Shell plc - Key offerings
• Exhibit 162: Shell plc - Segment focus

• 12.13 SkyNRG BV 
• Exhibit 163: SkyNRG BV - Overview
• Exhibit 164: SkyNRG BV - Product / Service
• Exhibit 165: SkyNRG BV - Key offerings

• 12.14 SYNHELION SA 
• Exhibit 166: SYNHELION SA - Overview
• Exhibit 167: SYNHELION SA - Product / Service
• Exhibit 168: SYNHELION SA - Key offerings

• 12.15 TotalEnergies SE 
• Exhibit 169: TotalEnergies SE - Overview
• Exhibit 170: TotalEnergies SE - Business segments
• Exhibit 171: TotalEnergies SE - Key news
• Exhibit 172: TotalEnergies SE - Key offerings
• Exhibit 173: TotalEnergies SE - Segment focus

• 12.16 Velocys Plc 
• Exhibit 174: Velocys Plc - Overview
• Exhibit 175: Velocys Plc - Product / Service
• Exhibit 176: Velocys Plc - Key offerings

• 12.17 World Energy LLC 
• Exhibit 177: World Energy LLC - Overview
• Exhibit 178: World Energy LLC - Product / Service
• Exhibit 179: World Energy LLC - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 180: Inclusions checklist
• Exhibit 181: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 182: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 183: Research methodology
• Exhibit 184: Validation techniques employed for market sizing
• Exhibit 185: Information sources

• 13.5 List of abbreviations 
• Exhibit 186: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED