Project Date: May 2024
Project Details
To assist Siemens Energy with this requirement, I conducted comprehensive research to map the Direct Air Capture market. The analysis categorized DAC solutions into three segments: Liquid and Sorbent Carbon Capture Solutions (DAC 1.0), Electrochemical and Membrane-based Carbon Capture Solutions (DAC 2.0), and CO2 Capture and Conversion. This research provided a clear overview of the key companies and innovations within each category, helping Siemens Energy understand market trends and identify potential partners to support their climate change mitigation efforts.
Requirement
Siemens Energy needed insights into the various solutions available in the Direct Air Capture (DAC) market. The goal was to obtain a detailed understanding of the current market landscape and identify leading technologies and companies in this field.
Company Description
Siemens Energy AG is a global leader in energy technology, headquartered in Munich, Germany. Established as an independent entity in 2020 after being spun off from Siemens AG, the company leverages over 150 years of expertise in the energy sector. Siemens Energy operates in more than 90 countries and employs around 99,000 people. The company focuses on a broad range of energy solutions, including power generation, transmission, and storage, catering to both conventional and renewable energy sources.