Market Overview:
The global biomass thermal energy boiler market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electricity and heat supply, coupled with the rising awareness about renewable energy sources. Based on type, the small type biomass thermal energy boiler segment is expected to account for a major share of the global market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. The medium type biomass thermal energy boiler segment is also anticipated to witness significant growth during the forecast period, owing to its high efficiency and low emissions levels as compared with other types of boilers. Based on application, electricity generation accounted for majority share of the global biomass thermal energy boiler market in 2017 and this trend is projected continue overthe next decade as well.
Product Definition:
A biomass thermal energy boiler is a device that uses biomass to create heat. The heat can be used to generate electricity, or it can be used for space heating or industrial processes. Biomass is any organic material that can be burned to produce heat. This includes wood, crop waste, and landfill gas.
Small Type:
Small type refers to the range of fuels used in boilers, which are less than 1.1 tons per hour (tph). It includes solid, liquid and gaseous fuels. Small type boiler is designed for residential or commercial heating purposes with a maximum output capacity of 10 tph.
Medium Type:
The medium type is used in the biomass thermal energy boiler (BTEB) market for heating process. The boiler is made up of different parts like firebox, tubes, flue gas heat exchanger, super-heaters and stack. Medium type accounts for maximum share in overall biomass fired boilers and it’s expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The electricity generation segment dominated the global market in 2017 and is projected to witness significant growth over the forecast period. The increasing demand for coal as an energy source has resulted in a rise in its use as a fuel for boiler systems of power plants. Furthermore, growing concerns regarding greenhouse gas emissions coupled with regulations pertaining to them are expected to drive the product demand over the forecast period.
The others segment includes applications such as municipal waste incineration and industrial processes including chemical synthesis and cement production. Incorporation of Biomass boilers into municipal waste incinerators results in emission-free combustion while providing heat at low cost which makes it suitable for utility scale projects worldwide. These factors are anticipated to augment product penetration across various end-use industries globally thereby driving its demand from other applications segments during the study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing biomass utilization in power generation and industrial applications. Increasing government initiatives for using wood chips as a feedstock for producing bio-based chemicals will drive industry expansion over the coming years.
Europe accounted for more than 25% of global revenue share in 2017, owing to rising environmental concerns and growing need for sustainable energy sources across countries such as Germany, France, Italy, U.K., etc.
Growth Factors:
- Increasing demand for thermal energy from various industrial sectors is expected to drive the biomass thermal energy boiler market growth.
- Stringent government regulations for reducing carbon emissions is projected to propel the biomass thermal energy boiler market growth over the forecast period.
- Growing investments in renewable sources of energy is anticipated to create new opportunities for the biomass thermal energy boiler market during the forecast period.
- Technological advancements in biomass-fired boilers are expected to boost the demand for biomass thermalenergy boilers in near future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Biomass Thermal Energy Boiler Market Research Report
By Type
Small Type, Medium Type, Others
By Application
Electricity Generation, Heat Supply, Others
By Companies
General Electric, ETA Heiztechnik, Aoke Ruifeng, Wood Group, Hurst Boiler and Welding, Stichting Aandelen Remeha, ARA Trusteeship Company
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Biomass Thermal Energy Boiler Market Report Segments:
The global Biomass Thermal Energy Boiler market is segmented on the basis of:
Types
Small Type, Medium Type, Others
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
Electricity Generation, Heat Supply, 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:
- General Electric
- ETA Heiztechnik
- Aoke Ruifeng
- Wood Group
- Hurst Boiler and Welding
- Stichting Aandelen Remeha
- ARA Trusteeship Company
Highlights of The Biomass Thermal Energy Boiler 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:
- Small Type
- Medium Type
- Others
- By Application:
- Electricity Generation
- Heat Supply
- 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 Biomass Thermal Energy Boiler 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Channel & Customer Management
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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?
A biomass thermal energy boiler is a type of boiler that uses biomass as its primary fuel source. Biomass thermal energy boilers are typically used to produce heat or steam, and they can be used in a variety of applications, including industrial processes, heating systems, and power generation.
Some of the major companies in the biomass thermal energy boiler market are General Electric, ETA Heiztechnik, Aoke Ruifeng, Wood Group, Hurst Boiler and Welding, Stichting Aandelen Remeha, ARA Trusteeship Company.
The biomass thermal energy boiler market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biomass Thermal Energy Boiler 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 Biomass Thermal Energy Boiler Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biomass Thermal Energy Boiler 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 Biomass Thermal Energy Boiler 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 Biomass Thermal Energy Boiler Market Size & Forecast, 2020-2028
4.5.1 Biomass Thermal Energy Boiler Market Size and Y-o-Y Growth
4.5.2 Biomass Thermal Energy Boiler Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Small Type
5.2.2 Medium Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Electricity Generation
6.2.2 Heat Supply
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biomass Thermal Energy Boiler 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 Biomass Thermal Energy Boiler 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Small Type
9.6.2 Medium Type
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Electricity Generation
9.10.2 Heat Supply
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Small Type
10.6.2 Medium Type
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Electricity Generation
10.10.2 Heat Supply
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Small Type
11.6.2 Medium Type
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Electricity Generation
11.10.2 Heat Supply
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Small Type
12.6.2 Medium Type
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Electricity Generation
12.10.2 Heat Supply
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Small Type
13.6.2 Medium Type
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Electricity Generation
13.10.2 Heat Supply
13.10.3 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 Biomass Thermal Energy Boiler Market: Competitive Dashboard
14.2 Global Biomass Thermal Energy Boiler Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric
14.3.2 ETA Heiztechnik
14.3.3 Aoke Ruifeng
14.3.4 Wood Group
14.3.5 Hurst Boiler and Welding
14.3.6 Stichting Aandelen Remeha
14.3.7 ARA Trusteeship Company
