The
global biomass boiler market will log an impressive 19.9% CAGR from
2014 to 2022. The report, titled “Biomass Boiler Market - Global &
U.K. Industry Analysis, Size, Share, Growth, Trends and Forecast 2014
- 2022”, states that the market’s valuation of US$1.80 bn in 2013
will increase to US$8.90 bn by 2022.
In-depth
research report on Biomass
Boiler Market
with Full TOC at :
http://www.transparencymarketresearch.com/biomass-boiler-market.html
The
report states that economic development in China, Brazil, and India
has led to the surging demand for energy. This will open
opportunities for alternate fuel sources such as biomass boilers for
energy needs. Typically, a biomass boiler comprises a wood-fueled
heating unit for heating and power generation applications.In
addition, the enforcement of standard specifications for boilers has
encouraged investments in this market in many parts of the world.
Government support in the form of tax incentives and feed-in-tariffs
and favorable regulations are bolstering the growth of the global
biomass boiler market.
However,
factors such as biomass fuel supply, handling, and storage are
detrimental to the growth of this market. Nevertheless, various
schemes offered by national agencies of countries hold promise for
the development of the biomass boiler market during the forecast
period. For example, in the U.K., the renewable heat incentive (RHI)
offered by the government provides subsidies for renewable heat
technologies, biomass being one of them.The report divides the global
biomass boiler market on the basis of feedstock type, end user,
product type, application, and geography. Agriculture and forest
residues, woody biomass, biogas and energy crops, urban residues, and
others are the feedstock type segments of this market. Amongst all,
in 2013, woody biomass held the largest share of 78% in the global
market due to its uses for power and heat generation.
By
product type, bubbling fluidized bed boilers, circulating fluidized
bed boilers, and stoker boilers are the segments of the global
biomass boiler market. It is the biomass stoker boilers segment that
dominated the global market in 2013 and is expected to retain its
dominance through the forecast period.Industrial, commercial, and
residential are the segments that divide the global biomass boiler
market on the basis of end-use; of these, it was the commercial
sector that was ahead of all other end-use segments in 2013.
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Power
generation and heating are the two segments that divide this market
on the basis of application. Of the two, heating holds the largest
share accounting for almost 80% of the global market in 2013.North
America, Asia Pacific, Middle East and Africa, Europe, and Latin
America are the regional segments of the global biomass boiler
market. In the developing countries of China, India, and Brazil,
regional strategies that are framed towards the utilization of
secure, affordable, and reliable energy sources have contributed to
the growth of the Asia Pacific regional market.
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
Browse
Article Of
Biomass Boiler
Market
http://www.transparencymarketresearch.com/article/biomass-boiler-market.htm
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