Biomass Power Generation Market by Process (Anaerobic Digestion, Combustion, Gasification), Feedstock (Agricultural & Forestry Residues, Animal Manure, Energy Crops), Fuel, End-User - Global Forecast 2024-2030

Biomass Power Generation Market by Process (Anaerobic Digestion, Combustion, Gasification), Feedstock (Agricultural & Forestry Residues, Animal Manure, Energy Crops), Fuel, End-User - Global Forecast 2024-2030

The Biomass Power Generation Market size was estimated at USD 5.43 billion in 2023 and expected to reach USD 5.80 billion in 2024, at a CAGR 7.55% to reach USD 9.04 billion by 2030.

Global Biomass Power Generation MarketBiomass fuel is made from organic materials and is a renewable and sustainable energy source used to generate electricity. Biomass power generation has grown in popularity as an alternative energy source, having the potential to offer a constant supply of renewable energy to meet world energy demand. The growing demand for an environmentally friendly renewable energy source contributes to the growth of the biomass power generation market. Biomass energy sources include firewood, wood pellets and lumber and furniture mill sawdust, and waste and black liquor from pulp and paper mills. The most common biomass plant-based materials used for energy include corn which can be burned to generate heat or transformed into electricity. However, initial investment and biomass power generation operation costs are hampering the market's growth. The new technologies that advance biomass for power generation are expected to expand the biomass power generation market.Regional InsightsWorldwide laws and regulations for renewable energy and government activities in the form of grants and funding programs encourage power generation businesses and utilities to migrate to environmentally friendly biomass for power generation. Emerging nations such as the U.S., the U.K., and Germany offer various incentives and subsidies for deploying biomass as a source of energy, contributing to the market's growth. The Asian government established various regulations, such as the renewable energy law by China and the renewable energy promotion act and regulations by South Korea, to support the development of renewable energy, including biomass energy, creating opportunities for market growth across Asian regions. Additionally, Japan's Asia Energy Transition Initiative (AETI) has been developed to assist countries in the Asia-Pacific area in achieving net-zero emissions, providing USD 10 billion in funding for renewable energy and subsequently expanding the demand for biomass power generation across the Asian region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Biomass Power Generation Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Biomass Power Generation Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Biomass Power Generation Market, highlighting leading vendors and their innovative profiles. These include ALSTOM Holdings, Ameresco, Inc., Babcock & Wilcox Enterprises, Inc., Beltran Technologies, Inc., CHOREN Industrietechnik GmbH, Dalkia by EDF Group, Drax Group PLC, E.ON SE, Enertec Kraftwerke GmbH, ENGIE SA, EnviTec Biogas AG, General Electric Company, HYOGO PULP Co.,Ltd., Höcker Polytechnik GmbH, IWATEC CORPORATION, KASAG Swiss AG, MEIDENSHA CORPORATION, Mitsubishi Heavy Industries, Ltd., MVV Energie AG, Ramboll Group A/S, RENOVA, Inc., Rockwell Automation Inc., Spanner Re² GmbH, Sulzer Ltd., Valmet Corporation, Vattenfall AB, Veolia Environnement SA, WELTEC BIOPOWER GmbH, Xcel Energy Inc., ZE Energy Inc., and Ørsted A/S.

Market Segmentation & Coverage



This research report categorizes the Biomass Power Generation Market to forecast the revenues and analyze trends in each of the following sub-markets:

Process
Anaerobic Digestion
Combustion
Gasification
Pyrolysis
Feedstock
Agricultural & Forestry Residues
Animal Manure
Energy Crops
Urban Wastes
Fuel
Gas
liquid
Solid
End-User
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Biomass Power Generation Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Biomass Power Generation Market?
3. What are the technology trends and regulatory frameworks in the Biomass Power Generation Market?
4. What is the market share of the leading vendors in the Biomass Power Generation Market?
5. Which modes and strategic moves are suitable for entering the Biomass Power Generation Market?

Note: PDF & Excel + Online Access - 1 Year