Biomass Boilers Market Growth & Trends
The global biomass boilers market size is anticipated to reach USD 11.70 billion by 2030, registering a CAGR of 8.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, fueled by the global shift toward renewable energy and the urgent need to reduce carbon emissions. Biomass boilers provide a sustainable alternative to fossil fuel-based heating systems by utilizing organic materials such as wood, agricultural waste, and other biomass feedstocks, helping countries meet climate targets. Government incentives, subsidies, and tax rebates further promote the adoption of these energy-efficient technologies, while advancements in biomass boiler technology have made them more efficient, reliable, and cost-effective.
The rising cost of conventional energy sources like oil and natural gas is driving consumers toward affordable, locally sourced biomass options, offering long-term savings. Additionally, increasing awareness of environmental impacts and growing demand for energy-efficient buildings are contributing to the market's expansion, especially in regions rich in biomass resources. The market is moderately fragmented, with a combination of large players and smaller companies competing to offer innovative solutions across residential, commercial, and industrial sectors.
Regulatory bodies, such as the European Union and national authorities, are playing a crucial role in driving market growth by setting emissions standards and promoting renewable energy adoption. As governments enforce stricter regulations and incentives, the demand for biomass boilers is expected to increase, creating opportunities for manufacturers to invest in sustainable technologies. For instance, the government of the UK launched a biomass boiler scheme in April 2022 called ECO4. The scheme aims to promote energy efficiency and reduce carbon emissions by encouraging the replacement of old heating systems with greener alternatives, including biomass boilers. Under this initiative, eligible households can receive financial support to install biomass boilers, contributing to the transition towards sustainable heating solutions while also addressing fuel poverty.
Biomass Boilers Market Report Highlights
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