Biomass Power Generation
Biomass Power Generation Market by Technology Type (Anaerobic Digestion, Combustion, Gasification), Feedstock Type (Agricultural Residue, Animal Waste, Municipal Solid Waste), End Use, Conversion Method, Product Type, Ownership, Application - Global Forecast 2025-2030
SKU
MRR-437D45957A20
Region
Global
Publication Date
February 2025
Delivery
Immediate
2024
USD 5.80 billion
2025
USD 6.26 billion
2030
USD 9.05 billion
CAGR
7.68%

The Biomass Power Generation Market size was estimated at USD 5.80 billion in 2024 and expected to reach USD 6.26 billion in 2025, at a CAGR 7.68% to reach USD 9.05 billion by 2030.

Biomass Power Generation Market
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Biomass power generation involves the production of electricity from organic materials, such as wood chips, agricultural residues, or animal waste. This renewable energy source is defined by its ability to convert bio-waste into usable power, aiding in reducing carbon emissions compared to fossil fuels. The necessity of biomass power generation stems from the global push towards sustainable energy solutions and reducing greenhouse gas emissions. Its applications are diverse, ranging from cogeneration systems for industrial plants to small-scale setups for rural electrification. The end-use scope includes utilities, industries, and residential users looking for sustainable energy alternatives.

The market for biomass power generation is influenced by several key growth factors. Increasing governmental incentives and policies promoting renewable energy are significant drivers. Additionally, technological advancements in biomass conversion processes enhance efficiency and cost-effectiveness. The latest opportunities for growth can be found in emerging markets, where there is a high demand for renewable energy resources and untapped biomass reserves. Collaborations with agricultural sectors for waste management can also foster growth. Businesses should consider leveraging advancements in biochemical conversion technologies to enhance yield and efficiency.

Despite these opportunities, the market faces limitations such as high initial setup costs and competition from other renewable sources like solar and wind. Logistic challenges in biomass collection and storage can also impede growth. Moreover, regulatory hurdles and inconsistent policies across regions present further challenges.

In terms of innovation, there is significant potential in developing hybrid systems that integrate biomass with other renewable sources, thereby maximizing efficiency. Advances in bioenergy crop cultivation and genetically engineered biomass species might also yield better energy output. Thorough research into reducing emissions from biomass burning and improving conversion technologies could offer competitive advantages. Understanding the nuanced regulatory environment and aligning business strategies with emerging policies on a regional level can further solidify market positioning. The biomass power generation market thus presents a dynamic landscape where strategic innovation and adaptation to challenges are key for sustained growth.

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Market Dynamics

The market dynamics represent an ever-changing landscape of the Biomass Power Generation Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Market conditions encouraging the use of biomass power for sustainable energy solutions
    • Key factors driving the growth of the biomass power generation industry across global markets
    • Market drivers fueling the global expansion of biomass energy as a sustainable power source
  • Market Restraints
    • Understanding the impact of limited feedstock supply on the biomass power generation industry's growth
    • Technological inefficiencies that impede the competitiveness of biomass power generation solutions
    • Examining the environmental concerns and controversies surrounding biomass power generation practices
  • Market Opportunities
    • Investing in research and development for more sustainable and cost-effective biomass technologies
    • Enhancing bioenergy partnerships between governments and private sector for rural electrification
    • Increasing energy demands in emerging economies creating a strong market for biomass power
  • Market Challenges
    • Adapting to evolving public perceptions and policies regarding environmental impacts of biomass
    • Building an integrated supply chain to support the burgeoning biomass power generation market globally
    • Addressing the logistical challenges of sourcing and transporting biomass feedstock effectively

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Biomass Power Generation Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

PESTLE Analysis

The PESTLE analysis offers a comprehensive tool for understanding and analyzing the external macro-environmental factors that impact businesses within the Biomass Power Generation Market. This framework examines Political, Economic, Social, Technological, Legal, and Environmental factors, providing companies with insights into how these elements influence their operations and strategic decisions. By using PESTLE analysis, businesses can identify potential opportunities and threats in the market, adapt to changes in the external environment, and make informed decisions that align with current and future conditions. This analysis helps companies anticipate shifts in regulation, consumer behavior, technology, and economic conditions, allowing them to better navigate risks and capitalize on emerging trends.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Biomass Power Generation Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Biomass Power Generation Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Recent Developments

  • Valmet signs a agreement with Greenalia's biomass power plant

    Valmet, a company in the field of energy and automation, recently signed an agreement with a biomass power generation plant. This agreement involves a comprehensive automation solution for the plant's boiler, which will increase its efficiency and reduce its emissions. The use of biomass as a fuel source is becoming increasingly popular in the power generation industry, due to its renewable and sustainable nature. Valmet's automation technology is designed to optimize the combustion process, making it more efficient and environmentally friendly. This agreement is a testament to Valmet's commitment to providing cutting-edge solutions for the energy industry, while also prioritizing safety, health, and environmental concerns. [Published On: April 18, 2023]

  • ADB, SAEL Industries partner to develop biomass energy in India

    The Asian Development Bank (ADB) has partnered with Sael Industries to develop biomass energy in India, an initiative that aims to provide clean and sustainable electricity to the country. With its abundant agricultural resources, India has the potential to generate significant amounts of renewable energy from biomass. ADB and Sael Industries' partnership will focus on the development of a bio-energy project in Punjab, which will involve the construction of a 22MW biomass power plant. Through their collaboration, ADB and Sael aim to promote the use of biomass as an energy source, contributing to the country's renewable energy targets and improving access to affordable electricity for millions of people in India. [Published On: March 24, 2023]

  • Sojitz Begins Commercial Operations of One of Japanese Largest Biomass Power Plants in Tomakomai, Hokkaido

    Biomass power generation is an expanding market with great potential for sustained growth. As the world grapples with the challenges of climate change, the need for renewable energy sources has become more pressing than ever. Biomass power generation provides a sustainable solution by utilizing organic materials such as agricultural waste, forestry residues, and municipal solid waste to produce electricity. This innovative method of generating power not only reduces greenhouse gas emissions but also contributes to the circular economy by utilizing waste that would otherwise go to landfills. With the increasing demand for cleaner and more sustainable energy solutions, the biomass power generation market is poised for significant expansion, paving the way towards a brighter and more sustainable future. [Published On: February 02, 2023]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Biomass Power Generation Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Biomass Power Generation Market, highlighting leading vendors and their innovative profiles. These include ALSTOM Holdings, Ameresco, Inc., Babcock & Wilcox Enterprises, Inc., Beltran Technologies, Inc., CHOREN Industrietechnik GmbH, Dalkia by EDF Group, Drax Group PLC, E.ON SE, Enertec Kraftwerke GmbH, ENGIE SA, EnviTec Biogas AG, General Electric Company, HYOGO PULP Co.,Ltd., Höcker Polytechnik GmbH, IWATEC CORPORATION, KASAG Swiss AG, MEIDENSHA CORPORATION, Mitsubishi Heavy Industries, Ltd., MVV Energie AG, Ramboll Group A/S, RENOVA, Inc., Rockwell Automation Inc., Spanner Re² GmbH, Sulzer Ltd., Valmet Corporation, Vattenfall AB, Veolia Environnement SA, WELTEC BIOPOWER GmbH, Xcel Energy Inc., ZE Energy Inc., and Ørsted A/S.

Market Segmentation & Coverage

This research report categorizes the Biomass Power Generation Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Technology Type
    • Anaerobic Digestion
      • Dry Digestion
      • Wet Digestion
    • Combustion
      • Fluidized Bed Combustion
      • Grate Firing
    • Gasification
      • Fixed Bed Gasifiers
      • Fluidized Bed Gasifiers
    • Pyrolysis
      • Fast Pyrolysis
      • Flash Pyrolysis
      • Slow Pyrolysis
  • Feedstock Type
    • Agricultural Residue
      • Corn Stalks
      • Rice Husks
      • Straw
    • Animal Waste
      • Cow Dung
      • Poultry Waste
    • Municipal Solid Waste
      • Biodegradable Waste
      • Mixed Waste
    • Wood and Woody Biomass
      • Forest Residues
      • Wood Chips
      • Wood Pellets
  • End Use
    • Commercial
      • Office Buildings
      • Shopping Centers
    • Industrial
      • Cement Industry
      • Pulp and Paper Industry
    • Residential
      • Cooking
      • Household Heating
  • Conversion Method
    • Bio-Chemical
      • Anaerobic Digestion
      • Fermentation
    • Thermo-Chemical
      • Combustion
      • Gasification
  • Product Type
    • Electricity
      • Grid Feed-In
      • Off-Grid
    • Fuel
      • Biodiesel
      • Bioethanol
    • Heat
      • District Heating
      • Industrial Heat
  • Ownership
    • Private
    • Public
    • Public-Private Partnership
  • Application
    • Heating Plants
      • Commercial
      • Residential
    • Power Plants
      • Cogeneration Plants
      • Standalone Plants
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Biomass Power Generation Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Biomass Power Generation Market, by Technology Type
  7. Biomass Power Generation Market, by Feedstock Type
  8. Biomass Power Generation Market, by End Use
  9. Biomass Power Generation Market, by Conversion Method
  10. Biomass Power Generation Market, by Product Type
  11. Biomass Power Generation Market, by Ownership
  12. Biomass Power Generation Market, by Application
  13. Americas Biomass Power Generation Market
  14. Asia-Pacific Biomass Power Generation Market
  15. Europe, Middle East & Africa Biomass Power Generation Market
  16. Competitive Landscape
  17. List of Figures [Total: 31]
  18. List of Tables [Total: 1122 ]
  19. List of Companies Mentioned [Total: 31]
360iResearch Analyst Ketan Rohom
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Frequently Asked Questions
  1. How big is the Biomass Power Generation Market?
    Ans. The Global Biomass Power Generation Market size was estimated at USD 5.80 billion in 2024 and expected to reach USD 6.26 billion in 2025.
  2. What is the Biomass Power Generation Market growth?
    Ans. The Global Biomass Power Generation Market to grow USD 9.05 billion by 2030, at a CAGR of 7.68%
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