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About Biomass Boiler
A biomass boiler is used to generate heat or power from biomass, with less impact on the environment than conventional fuel. Heating and cooling account for almost half of the world's energy consumption. This requirement is fulfilled using conventional sources such as electricity, which is generated from fossil fuels. Power generation from fossil fuels results in the emission of a large amount of CO2, negatively affecting the environment.
Biomass has proven to be highly efficient in controlling carbon emissions; it produces 60%-80% less carbon emissions compared to conventional fuels. Many countries globally are, therefore, encouraging the use of biomass by providing incentives and grants. In the UK, the government provides incentives to consumers who use biomass for heating. This has increased the sales and installation of biomass boilers. Around 45 countries have set targets for renewables heating and cooling, and 21 countries have specific renewable heating mandates at the national or state/provincial level to use renewable energy sources such as solar and biomass.
Technavio’s analysts forecast the global biomass boiler market to grow at a CAGR of 6.43% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global biomass boiler market for 2016-2020. The report also discusses the end usage (buildings and industries), boiler technology (stoker and fluidized), application (heating and power generation), and feedstock used.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Biomass Boiler Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alstom
• Amec Foster Wheeler
• Baxi
• Ecovision
• Hurst
Other prominent vendors
• Advanced Recycling Equipment
• Kohlbach Group
• ETA Heiztechnik
• Babcock & Wilcox
• Zhengzhou Boiler
Market driver
• Increased government support
• For a full, detailed list, view our report
Market challenge
• High capital requirement
• For a full, detailed list, view our report
Market trend
• Advances in technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
A biomass boiler is used to generate heat or power from biomass, with less impact on the environment than conventional fuel. Heating and cooling account for almost half of the world's energy consumption. This requirement is fulfilled using conventional sources such as electricity, which is generated from fossil fuels. Power generation from fossil fuels results in the emission of a large amount of CO2, negatively affecting the environment.
Biomass has proven to be highly efficient in controlling carbon emissions; it produces 60%-80% less carbon emissions compared to conventional fuels. Many countries globally are, therefore, encouraging the use of biomass by providing incentives and grants. In the UK, the government provides incentives to consumers who use biomass for heating. This has increased the sales and installation of biomass boilers. Around 45 countries have set targets for renewables heating and cooling, and 21 countries have specific renewable heating mandates at the national or state/provincial level to use renewable energy sources such as solar and biomass.
Technavio’s analysts forecast the global biomass boiler market to grow at a CAGR of 6.43% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global biomass boiler market for 2016-2020. The report also discusses the end usage (buildings and industries), boiler technology (stoker and fluidized), application (heating and power generation), and feedstock used.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Biomass Boiler Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Alstom
• Amec Foster Wheeler
• Baxi
• Ecovision
• Hurst
Other prominent vendors
• Advanced Recycling Equipment
• Kohlbach Group
• ETA Heiztechnik
• Babcock & Wilcox
• Zhengzhou Boiler
Market driver
• Increased government support
• For a full, detailed list, view our report
Market challenge
• High capital requirement
• For a full, detailed list, view our report
Market trend
• Advances in technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
