Biomass Power Generation Market: Global Industry Analysis and Forecast (2023-2029)

Global Biomass Power Generation Market size is expected to reach nearly US$ 78.27 Bn. by 2029 with the CAGR of 5.9% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Biomass Power Generation MarketTo know about the Research Methodology:-Request Free Sample Report

Biomass Power Generation Market Dynamics

Biomass power market is expected to observe a significant growth because of technological advancements and increasing focus on research and development to provide biomass for power generation. Growing use of biomass such as plant and manure materials to produce electricity and generate biomass fuels for transportation is anticipated to contribute to the industry growth over the forecast period. Additionally, dropping crude oil prices is projected to strengthen the industry. The shift in the trend towards usage of renewable energy sources as an alternative to conventional resources is estimated to increase the production growth in coming years. Also, government initiatives and support regarding tariffs, tax incentives, loan guarantees and competitive public bidding is invented to drive the industry over the forecast period. However, high installation cost, increased cost of feedstock, and emergence of advanced technologies are the major restraining factor affecting the biomass power industry.

Biomass Power Generation Market Segment Analysis

On the basis of technology, the combustion segment leads the industry regarding installed capacity and power generation. Though, the sector may observe decline caused by the emergence of advanced technologies such as co-firing and Combined Heat and Power (CHP). These technologies are more feasible and used to decrease greenhouse emission.

Regional Insights

Geographically, North America and Europe is expected to foresee the substantial growth due to the increasing government support. Factors such as funding programs, investment subsidies, incentives and tax benefits play a significant role in emerging the industry in countries such as Germany US and the UK. Also, developing economies such as India and Indonesia have been proposing government regulations to increase the investments in this sector. The natural features and crops are grown in a given region intensely influence the geographic distribution of this industry. The report covers the existing scenario and the growth prospects of the global biomass power generation market for 2023-2029. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Also, report has been prepared based on detailed market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also comprises a discussion of the key vendors operating in this market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global biomass power generation market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global market.

Key Highlights:

Global Biomass Power Generation Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Biomass Power Generation Market Global Biomass Power Generation Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Biomass Power Generation Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Biomass Power Generation Market are also profiled.

Biomass Power Generation Market Scope: Inquire before buying

Biomass Power Generation Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 52.39 Bn.
Forecast Period 2023 to 2029 CAGR: 5.9% Market Size in 2029: US $ 78.27 Bn.
Segments Covered: by Feedstock Woody Biomass Agriculture and Forest Residues Biogas and Energy Crops Urban Residues Landfill Gas (LFG) Feedstock
by Technology Anaerobic Digestion Combustion Gasification Co-firing and CHP LFG

Biomass Power Generation Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Biomass Power Generation Market, Key Players are:

1. Forth Energy Ltd. 2. Helius Energy Plc 3. Ameresco, Inc. 4. The Babcock & Wilcox Company 5. DONG Energy A/S 6. Vattenfall AB 7. Sodra Cell Varo Pulp Mill 8. Rudorsdorfer Zement 9. MGT Power Ltd. 10.Lahti Energia 11.Enviva LP 12.Drax Group plc 13.Corenso United 14.Alstom SA 15.John Wood Group Frequently Asked Questions: 1. Which region has the largest share in Global Biomass Power Generation Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Biomass Power Generation Market? Ans: The Global Biomass Power Generation Market is growing at a CAGR of 5.9% during forecasting period 2023-2029. 3. What is scope of the Global Biomass Power Generation Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Biomass Power Generation Market? Ans: The important key players in the Global market are – Forth Energy Ltd., Helius Energy Plc, Ameresco, Inc., The Babcock & Wilcox Company, DONG Energy A/S, Vattenfall AB, Sodra Cell Varo Pulp Mill, Rudorsdorfer Zement, MGT Power Ltd., Lahti Energia, Enviva LP, Drax Group plc, Corenso United, Alstom SA, and John Wood Group 5. What is the study period of this Market? Ans: The Global market is studied from 2022 to 2029.
1. Biomass Power Generation Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Biomass Power Generation Market: Dynamics 2.1. Biomass Power Generation Market Trends by Region 2.1.1. North America Biomass Power Generation Market Trends 2.1.2. Europe Biomass Power Generation Market Trends 2.1.3. Asia Pacific Biomass Power Generation Market Trends 2.1.4. Middle East and Africa Biomass Power Generation Market Trends 2.1.5. South America Biomass Power Generation Market Trends 2.2. Biomass Power Generation Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Biomass Power Generation Market Drivers 2.2.1.2. North America Biomass Power Generation Market Restraints 2.2.1.3. North America Biomass Power Generation Market Opportunities 2.2.1.4. North America Biomass Power Generation Market Challenges 2.2.2. Europe 2.2.2.1. Europe Biomass Power Generation Market Drivers 2.2.2.2. Europe Biomass Power Generation Market Restraints 2.2.2.3. Europe Biomass Power Generation Market Opportunities 2.2.2.4. Europe Biomass Power Generation Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Biomass Power Generation Market Drivers 2.2.3.2. Asia Pacific Biomass Power Generation Market Restraints 2.2.3.3. Asia Pacific Biomass Power Generation Market Opportunities 2.2.3.4. Asia Pacific Biomass Power Generation Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Biomass Power Generation Market Drivers 2.2.4.2. Middle East and Africa Biomass Power Generation Market Restraints 2.2.4.3. Middle East and Africa Biomass Power Generation Market Opportunities 2.2.4.4. Middle East and Africa Biomass Power Generation Market Challenges 2.2.5. South America 2.2.5.1. South America Biomass Power Generation Market Drivers 2.2.5.2. South America Biomass Power Generation Market Restraints 2.2.5.3. South America Biomass Power Generation Market Opportunities 2.2.5.4. South America Biomass Power Generation Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Biomass Power Generation Industry 2.8. Analysis of Government Schemes and Initiatives For Biomass Power Generation Industry 2.9. Biomass Power Generation Market Trade Analysis 2.10. The Global Pandemic Impact on Biomass Power Generation Market 3. Biomass Power Generation Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 3.1.1. Woody Biomass 3.1.2. Agriculture and Forest Residues 3.1.3. Biogas and Energy Crops 3.1.4. Urban Residues 3.1.5. Landfill Gas (LFG) Feedstock 3.2. Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 3.2.1. Anaerobic Digestion 3.2.2. Combustion 3.2.3. Gasification 3.2.4. Co-firing and CHP 3.2.5. LFG 3.3. Biomass Power Generation Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Biomass Power Generation Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 4.1.1. Woody Biomass 4.1.2. Agriculture and Forest Residues 4.1.3. Biogas and Energy Crops 4.1.4. Urban Residues 4.1.5. Landfill Gas (LFG) Feedstock 4.2. North America Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 4.2.1. Anaerobic Digestion 4.2.2. Combustion 4.2.3. Gasification 4.2.4. Co-firing and CHP 4.2.5. LFG 4.3. North America Biomass Power Generation Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 4.3.1.1.1. Woody Biomass 4.3.1.1.2. Agriculture and Forest Residues 4.3.1.1.3. Biogas and Energy Crops 4.3.1.1.4. Urban Residues 4.3.1.1.5. Landfill Gas (LFG) Feedstock 4.3.1.2. United States Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 4.3.1.2.1. Anaerobic Digestion 4.3.1.2.2. Combustion 4.3.1.2.3. Gasification 4.3.1.2.4. Co-firing and CHP 4.3.1.2.5. LFG 4.7.2. Canada 4.3.2.1. Canada Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 4.3.2.1.1. Woody Biomass 4.3.2.1.2. Agriculture and Forest Residues 4.3.2.1.3. Biogas and Energy Crops 4.3.2.1.4. Urban Residues 4.3.2.1.5. Landfill Gas (LFG) Feedstock 4.3.2.2. Canada Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 4.3.2.2.1. Anaerobic Digestion 4.3.2.2.2. Combustion 4.3.2.2.3. Gasification 4.3.2.2.4. Co-firing and CHP 4.3.2.2.5. LFG 4.7.3. Mexico 4.3.3.1. Mexico Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 4.3.3.1.1. Woody Biomass 4.3.3.1.2. Agriculture and Forest Residues 4.3.3.1.3. Biogas and Energy Crops 4.3.3.1.4. Urban Residues 4.3.3.1.5. Landfill Gas (LFG) Feedstock 4.3.3.2. Mexico Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 4.3.3.2.1. Anaerobic Digestion 4.3.3.2.2. Combustion 4.3.3.2.3. Gasification 4.3.3.2.4. Co-firing and CHP 4.3.3.2.5. LFG 5. Europe Biomass Power Generation Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.2. Europe Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3. Europe Biomass Power Generation Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.1.2. United Kingdom Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.2. France 5.3.2.1. France Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.2.2. France Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.3.2. Germany Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.4.2. Italy Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.5.2. Spain Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.6.2. Sweden Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.7.2. Austria Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 5.3.8.2. Rest of Europe Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6. Asia Pacific Biomass Power Generation Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.2. Asia Pacific Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.7. Asia Pacific Biomass Power Generation Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.1.2. China Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.2.2. S Korea Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.3.2. Japan Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.4. India 6.3.4.1. India Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.4.2. India Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.5.2. Australia Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.6.2. Indonesia Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.7.2. Malaysia Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.8.2. Vietnam Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.9.2. Taiwan Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 6.3.10.2. Rest of Asia Pacific Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 7. Middle East and Africa Biomass Power Generation Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 7.2. Middle East and Africa Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 7.7. Middle East and Africa Biomass Power Generation Market Size and Forecast, by Country (2022-2029) 7.7.1. South Africa 7.3.1.1. South Africa Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 7.3.1.2. South Africa Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 7.7.2. GCC 7.3.2.1. GCC Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 7.3.2.2. GCC Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 7.7.3. Nigeria 7.3.3.1. Nigeria Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 7.3.3.2. Nigeria Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 7.3.4.2. Rest of ME&A Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 8. South America Biomass Power Generation Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 8.2. South America Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 8.7. South America Biomass Power Generation Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 8.3.1.2. Brazil Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 8.3.2.2. Argentina Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Biomass Power Generation Market Size and Forecast, by Feedstock (2022-2029) 8.3.3.2. Rest Of South America Biomass Power Generation Market Size and Forecast, by Technology (2022-2029) 9. Global Biomass Power Generation Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Biomass Power Generation Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Forth Energy Ltd. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Helius Energy Plc 10.3. Ameresco, Inc. 10.4. The Babcock & Wilcox Company 10.5. DONG Energy A/S 10.6. Vattenfall AB 10.7. Sodra Cell Varo Pulp Mill 10.8. Rudorsdorfer Zement 10.9. MGT Power Ltd. 10.10. Lahti Energia 10.11. Enviva LP 10.12. Drax Group plc 10.13. Corenso United 10.14. Alstom SA 10.15. John Wood Group 11. Key Findings 12. Industry Recommendations 13. Biomass Power Generation Market: Research Methodology 14. Terms and Glossary

About This Report

Report ID 30275
Category Energy & Power
Published Date Sept 2023
Updated Date
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