The rising awareness regarding the use of biomass as a suitable low-carbon and sustainable alternative to fossil fuels such as coal for the generation of power and heat is the key driver of the global biomass boiler market. Developed as well as developing economies across the globe have ramped up their efforts for reducing greenhouse gas emissions, of which finding ways of minimizing reliance on fossil fuels and switching to carbon-neutral fuels such as biomass is an important step. This trend has led to an increased adoption of small- and large-scale biomass boilers across the globe, chiefly for the generation of heat and power across businesses, households, and communities.
Albany, NY -- (SBWIRE) -- 02/26/2019 -- A new report titled "Biomass Boiler Market Estimated to Grow at a CAGR of 18.1 % during Forecast Period 2016- 2024" has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Biomass Boiler market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market's growth and challenges and restraints hindering the market for Biomass Boiler across the globe.
The biomass boiler market report by Transparency Market Research provides in-depth analysis of the biomass boiler market globally in terms of revenue (US$ Mn) based on the annual sales of biomass boilers. The market for biomass boilers has been segmented on the basis of feedstock type, product type, end-user, application, and country/region. The market based on feedstock type, has been segmented into woody biomass, agriculture & forest residues, biogas & energy crops, urban residues, and others. On the basis of product type, the market has been segmented into stokers, bubbling fluidized bed (BFB) boilers, and circulating fluidized bed (CFB) boilers.
The global biomass boiler market will expand at a remarkable 18.1% CAGR from 2016 to 2024. The market had a valuation of US$2,426.5 mn in 2015 and is expected to rise to US$10,752.4 mn in 2024.
To Get Sample Copy of Report, Click here @ https://www.mrrse.com/sample/2138
On the basis of end-user, the market for biomass boilers has been segmented into residential, commercial, and industrial sectors. For residential and commercial end-user segments, we have considered boiler sizes/electrical output of 0.01 MW to 1 MW and for industrial end-user segment we have considered only those boilers with an electrical/heat output of 1 MW to 5 MW. Major applications of biomass boilers considered in the report are heating and power generation. The regional segments included in this study are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. These regional segments are further divided into country-wise segments. The report provides a detailed growth forecast for the period 2016-2024, considering 2015 as the baseline year. Projections have been provided for revenue (US$ Mn) through the annual sales of biomass boilers. The report also provides historical data of the biomass boiler market for the year 2014.
The report includes the key market dynamics affecting the demand for biomass boilers. As a part of our market dynamics analysis, we have analyzed the market drivers, restraints, and opportunities. A comprehensive competitive landscape, which includes company market share analysis and market attractiveness analysis, has also been provided in this report. The report also provides a detailed industry analysis of the global biomass boilers market with the help of Porter's Five Forces model. The Porter's Five Forces analysis aids in understanding the five major forces that affect the industry structure and profitability of the global biomass boilers market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat from new entrants, threat from substitutes, and degree of competition.
The study also includes the value chain of the global biomass boiler market which provides a glimpse of key suppliers, manufacturers, distribution channels as well as interaction of suppliers and buyers with end-users. The company market share analysis has been done considering the revenue and global penetration of key market players in the biomass boiler industry. The attractiveness involves benchmarking and ranking each technology and region on the basis of numerous parameters. The parameters selected are likely to have a pronounced effect on the demand for each technology in the current scenario as well as in the near future.
Browse Complete Report with TOC @ https://www.mrrse.com/global-biomass-boiler-market
Some of the key market participants in the biomass boiler market are Advanced Recycling Equipment, Inc., General Electric Company, Baxi Group Limited, Ecovision Systems Ltd., Energy Innovations (UK) Ltd., ETA Heiztechnik GmbH, Amec Foster Wheeler plc, SVECOM PE Srl, Hurst Boiler & Welding Co, Inc., Jernforsen Energi System AB, Justsen Energiteknik A/S, Kohlbach Holding GmbH, LAMBION Energy Solutions GmbH, Leroux & Lotz Technologies, Lin-KaMaskinfabrik A/S, Mawera UK Ltd., Nexterra Systems Corporation, Polytechnik Group, RENTECH Boiler Systems, Inc., Schmid AG, Babcock & Wilcox Enterprises, Inc., Thermax Ltd.,VAS Energy Systems International GmbH, Wellons, Inc., Wood Energy Ltd., and Zhengzhou BoilerCo., Ltd. The report provides an overview of these companies, followed by their financial details (if available), business strategies, product portfolio, and recent developments.The global biomass boiler market has been segmented as follows:
Global Biomass Boiler Market: Feedstock Type Analysis
Agriculture & Forest Residues
Biogas & Energy Crops
Global Biomass Boiler Market: Product Type Analysis
Bubbling Fluidized Bed (BFB) Boilers
Circulating Fluidized Bed (CFB) Boilers
Global Biomass Boiler Market: End-user Analysis
Global Biomass Boiler Market: Application Analysis
Global Biomass Boiler Market: Regional Segment Analysis
Rest of Europe
Rest of Asia Pacific
Middle East and Africa (MEA)
Rest of MEA
Rest of Latin America
Enquire about this Report @ https://www.mrrse.com/enquiry/2138
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE's repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
90, State Street
Albany, NY - 12207
United States Telephone: +1-518-730-0559