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The latest report on Biopower Market by Infinium Global Research gives complete coverage of the Biopower Market by (direct combustion, anaerobic digestion, gasification, and other technologies), end user (residential, commercial, and industrial) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Biopower such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.

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Biopower is the use of biomass to generate electricity. Biomass has always been an important source of energy. It is renewable, widely available, carbon-neutral and has the potential to provide significant employment in the rural areas. Biopower is carbon neutral electricity generated from renewable organic. When burned, the energy in biomass is released as heat. Generation of power with biomass represents the cost-effective and cleanest way to provide renewable electricity in biomass potential regions with high levels of biomass resources and its processing activity.

In recent years, the rise in population and increasing energy needs has resulted in an increase in demand for a sustainable source of energy that in turn acts as a major driver for the growth of the biopower market. Growing environmental concerns and increasing stringent regulations to cut down the emission of greenhouse gases favors the growth of the biopower market. In addition, the use of biopower is helping several countries to become more energy independent. Biopower accounts for 10% of the world’s total primary energy supply, is mainly used in the residential sector for heating and cooking, and is produced locally.

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Biopower uses waste that would otherwise be dumped in landfills, openly burned, or left as fodder for forest fires, thus controlling environmental pollution largely. Furthermore, increasing investments in renewable energy, growing support, and incentives by several government bodies are encouraging the growth of the biopower market. For instance, biomass power & cogeneration program in India is implemented with the main objective of promoting technologies for optimum use of the country’s biomass resources for grid power generation. However, high setup cost of the power generation units hampers the growth of the biopower market. Moreover, increasing technological advancements in renewable energy sources are creating growth opportunities for the biopower market.

Among the regions, the North America region holds the largest market share in the biopower market owing to the rising government incentives to support renewable energy, growth in the technological advancements in power generation technologies using biomass in this region. Asia-Pacific is the fastest growing region owing to the rising population and increase in demand for the additional energy source. In addition, countries like Finland, Brazil are significantly investing in biopower that contributes to the growth of the biopower market.

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  • Comprehensive analysis of global as well as regional markets of the Biopower.
  • Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.