The
global biomass boiler market was valued at USD 1,801.7 million in
2013 and is anticipated to reach USD 8,907.0 million by 2022,
expanding at a CAGR of 19.9% between 2014 and 2022.
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Biomass Boiler Market Report with Full TOC at
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Biomass
boilers are generally fired on wood fuels such as wood chips and wood
pellets to produce heat and power, rather than on fossil fuels such
as oil, gas, and coal. A biomass boiler, which is largely a
wood-fueled heating system, is utilized in both heating and power
generation applications. Rapid industrialization and economic growth
in developing and emerging economies such as China, India, and Brazil
would fuel the demand for energy, including bioenergy, from these
countries. This, in turn, is expected to drive the biomass boiler
market in the near future.
The
market for biomass boiler is also expected to register significant
growth on account of individual policy targets set by the regional
geographies. These policies are targeted towards the supply of
reliable, affordable, and secure energy to promote economic
development and improve electricity access. The use of biomass as an
energy source can provide a number of energy, economic, employment,
and environmental benefits. Installation of biomass power plants
plays a key role in achieving climate policy objectives.
For
this market study, biomass boilers – on the basis of feedstock type
– have been segmented into woody biomass, agriculture & forest
residues, biogas & energy crops, urban residues, and others.
Increasing utilization of biomass, including manure and plant
materials to generate electricity and to produce biomass fuels for
transportation can provide a low-carbon and sustainable alternative
to fossil fuels. According to current estimates, woody biomass
remains the single-largest feedstock for heat and power generation
through biomass and occupies the major market share globally in terms
of utilization of feedstock by biomass boilers. This segment
accounted for nearly 78% of the global biomass boiler market in 2013.
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The
biomass stoker boilers accounted for the highest market share in
2013; this segment is anticipated to dominate the overall biomass
boiler market throughout the forecast period. The commercial end-user
segment dominated the biomass boiler market in 2013 and is expected
to continue to dominate the market over the forecast period. The
commercial end-user segment was followed by industrial and
residential segments in 2013. Heating is currently the largest
application segment of the biomass boiler market, accounting for
nearly 80% of the overall biomass boiler market in 2013.
Key
participants in the global biomass boiler market include Advanced
Recycling Equipment, Inc., Alstom SA, Baxi Group, Ecovision Systems
Ltd., Energy Innovations (UK) Ltd, ETA Heiztechnik GmbH, Foster
Wheeler AG, Garioni Naval SpA, Hurst Boiler & Welding Co, Inc.,
Jernforsen Energi System AB, Justsen Energiteknik A/S, Kohlbach
Group, LAMBION Energy Solutions GmbH, Leroux & Lotz Technologies,
Lin-Ka Maskinfabrik A/S, Mawera, Nexterra, Polytechnik GmbH, RENTECH
Boiler Systems, Inc., Schmid Energy, The Babcock & Wilcox
Company, Thermax Ltd, VAS Energy Systems International GmbH, Wellons,
Inc., Wood Energy, and Zhengzhou Boiler Co., Ltd. The report provides
an overview of these companies, followed by their financial revenues,
business strategies, and recent developments.
The
global biomass boiler market has been segmented as follows:
Global
Biomass Boiler Market: Feedstock Type Analysis
- Woody Biomass
- Agriculture & Forest Residues
- Biogas & Energy Crops
- Urban Residues
- Others
Global
Biomass Boiler Market: Product Type Analysis
- Stoker Boilers
- Bubbling Fluidized Bed (BFB) Boilers
- Circulating Fluidized Bed (CFB) Boilers
Global
Biomass Boiler Market: End-user Analysis
- Residential
- Commercial
- Industrial
Global
Biomass Boiler Market: Application Analysis
- Heating
- Power Generation
Global
Biomass Boiler Market: Regional Segment Analysis
North
America
U.S.
Canada
Mexico
Europe
Sweden
Finland
U.K.
Germany
Rest
of Europe
Asia
Pacific
Japan
China
India
Rest
of Asia Pacific
Middle
East and Africa (MEA)
South
Africa
Rest
of MEA
Latin
America
Brazil
Rest
of Latin America
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Press Release Of Biomass Boiler Market
http://www.transparencymarketresearch.com/pressrelease/biomass-boiler-market.htm
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