Global Biomass Power Generation Market Growth 2023-2029
Biomass contains wastes, residues and by products from woods, agriculture industries as well as biodegradable organic fractions of municipal & industrial wastes. Biomass also refers to waste from food processing industries, urban and industrial residues, agriculture and wood wastes, wood, sawdust, short rotation woody crops and a host of other materials. It is used as a source of energy input for the electricity generation, provision of heat and as a fuel in the transportation sector. Biomass is an environment-friendly, carbon-neutral and sustainable source of power generation with an important potential to reduce reliance on fossil fuels.
LPI (LP Information)' newest research report, the “Biomass Power Generation Industry Forecast” looks at past sales and reviews total world Biomass Power Generation sales in 2022, providing a comprehensive analysis by region and market sector of projected Biomass Power Generation sales for 2023 through 2029. With Biomass Power Generation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Power Generation industry.
This Insight Report provides a comprehensive analysis of the global Biomass Power Generation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Power Generation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biomass Power Generation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Power Generation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Power Generation.
The global Biomass Power Generation market size is projected to grow from US$ 43070 million in 2022 to US$ 67090 million in 2029; it is expected to grow at a CAGR of 67090 from 2023 to 2029.
Drax Group, DONG Energy A/S, Enel, Engie, EPH, EDF, RWE, Iberdralo, CEZ, Babcock & Wilcox, Ameresco, Inc, John Wood Group, Vattenfall AB are large companies in the biomass power generation market. In 2019, Drax Group is the largest company, making up 4.06% market share in terms of revenue. The market is really fragmented.
This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Power Generation market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solid Biofuels
Biogas
Municipal Waste
Others
Segmentation by application
Residential
Industrial
Commercial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Drax Group
DONG Energy A/S
Enel
Engie
EPH
EDF
RWE
Iberdralo
CEZ
Babcock & Wilcox
Ameresco, Inc
John Wood Group
Vattenfall AB
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biomass Power Generation market?
What factors are driving Biomass Power Generation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biomass Power Generation market opportunities vary by end market size?
How does Biomass Power Generation break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook