Biomass Power Generation Market is accounted for $35.12 billion and is expected to reach $66.23 billion by 2026 growing at a CAGR of 7.3% during the forecast period.
The report covers current market share, size, growth, trends and forecast with respect to market segments at country and regional level. The report also analyses the top companies in the Biomass Power Generation industry.
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No. of Pages: 127 & Key Players: 25
Technological advancements, availability of carbon credits for renewable energy projects, increasing focus on research and development environmental benefits and government support are some key factors driving the market growth. However, factors such as increased cost of feedstock and emergence of advanced technologies are hindering the market growth.
By feedstock, agriculture & forest residues segment accounted significant growth in the past few years owing to rapid growth of industrialization, developing countries and the growing demand for energy.
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The leading players in the market are Vattenfall AB, The Babcock & Wilcox Company, Sodra Cell Varo Pulp Mill, Skive Fiernvarme, Rudorsdorfer Zement, MGT Power Ltd., Lahti Energia, Helius Energy Plc, Forth Energy Ltd., Enviva LP, Drax Group plc, DONG Energy A/S, Corenso United, Ameresco, Inc. and Alstom SA. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Regional Outlook for the Biomass Power Generation Market Research Report:
North America: US, Canada, Mexico
Europe: Germany, UK, Italy, France, Spain, Rest of Europe
Asia Pacific: Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific
South America: Argentina, Brazil, Chile, Rest of South America
Middle East & Africa: Saudi Arabia, UAE, Qatar, South Africa, Rest of Middle East & Africa
Based on geography, Europe held the largest market due to factors such as funding programs, investment subsidies, incentives and tax benefits play a significant role in developing the industry in countries such as Germany and the UK.
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End Users Covered:
Other End Users
Major Points Covered in Table of Contents:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Biomass Power Generation Market, By Technology
6 Global Biomass Power Generation Market, By End User
7 Global Biomass Power Generation Market, By By Feedstock
8 Global Biomass Power Generation Market, By Geography
9 Key Developments
10 Company Profiling