A comprehensive overview of the global biomass boiler market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the biomass boiler market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the global market at regional and country levels. The Biomass Boiler Market is expected to grow at a CAGR of more than 7%  during the forecasted period (2021-2027).

Market Overview

The biomass boiler market is projected to grow significantly during the forecast period, this is mainly due to several government initiatives that seek to boost demand for renewable energy sources as a significant step toward reducing carbon emission levels. Additionally, government grants and regulatory frameworks offer tax breaks and investment incentives to sectors of the economy that use renewable energy. This encourages biomass heating firms to transition to biomass at a higher level, which fuels market expansion.

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COVID-19 Impact

The COVID-19 pandemic has had a severe effect on businesses and sectors all across the world. Due to the lockdown and social isolation imposed by the epidemic, supply networks have been disrupted, projects have been delayed, there is a labor shortage, and demand for goods and services has decreased. Governments from all around the world are making a lot of effort to lessen the misery brought on by the pandemic. The global market for biomass boilers is heavily dependent on imports from other continents. A global lockout and the implementation of the new legislation have also had an impact on the biomass boiler supply chain.

The biomass boiler market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By type, the market is primarily bifurcated into:

·          Fully automated biomass boilers

·          Semi-automated biomass boilers

·          Combined heat and power systems

·          Others


Based on type, the market is categorized into fully automated biomass boilers, semi-automated biomass boilers, combined heat and power systems, and others. The most effective type of boiler is a fully automated biomass boiler, which uses a Hooper to feed wood chips or pellets directly into the combustion chamber. Both heat and power are produced in a CHP boiler, although they are relatively expensive for household use.

By feedstock, the market is primarily bifurcated into:

·          Woody biomass

·          Forest residue agriculture

·          Biomass and energy crop

·          Urban residue

·          Others

Based on feedstock, the market is categorized into woody biomass, forest residue agriculture, biomass and energy crop, urban residue, and others. Woody biomass has a significantly larger share in the market, this is due to its ease of availability and low cost. woody biomass can help to mitigate greenhouse gas emissions, create healthier forests, and reduce the risk of wildfires. Therefore, these factors are escalating the adoption of woody biomass boilers in school systems, municipalities, and some commercial facilities as it improves air quality, visibility, and public health by reducing the smoke created by burning woody biomass.

Global  Biomass Boiler equipment Geographical Segmentation Includes:

·        North America

Ø United States

Ø Canada

Ø Rest of North America

·        Europe

Ø Germany


Ø France

Ø Italy

Ø Spain

Ø Rest of Europe

·        Asia-Pacific

Ø China

Ø Japan

Ø India

Ø Australia

Ø Rest of Asia-Pacific

·        Rest of the World

For a better understanding of the market adoption of the Global biomass boiler Market, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, and Rest of North America); Europe (Germany, UK, France Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and Rest of World. Europe is expected to hold the largest growth rate in the global market during the forecast period. It is predominately due to the strict regulations taken by the government concerning greenhouse gas emissions. Additionally, the implementation of government schemes like renewable heating incentives (RHI) to lower the usage of fossil fuels is also expected to propel the growth of the biomass boiler market in the Europe region.

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The major players targeting the market include:

·        Alstom SA

·        Amec Foster Wheeler plc

·        Baxi (BDR Thermea)

·        Thermax Limited

·        Hurst Boiler & Welding Co Inc.

·        Innasol Ltd.

·        WDS Green Energy Limited

·        ABIONOVA Hygiene Service GmbH

·        Babcock & Wilcox Enterprises Inc.

·        Dongfang Electric Corporation.

Competitive Landscape

The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global biomass boiler market. The major players have been analyzed by using research methodologies for getting insight views on market competition.

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Key questions resolved through this analytical market research report include:

·        What are the latest trends, new patterns, and technological advancements in the global biomass boiler market?

·        Which factors are influencing the biomass boiler market over the forecast period?

·        What are the global challenges, threats, and risks in the biomass boiler market?

·        Which factors are propelling and restraining the global biomass boiler market?

·        What are the demanding global regions of the global biomass boiler market?

·        What Will be the market size in the upcoming years?

·        What are the crucial market acquisition strategies and policies applied by the companies?

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