The global industrial biomass boiler market is set to record an 11.58% CAGR during the forecast period, 2023-2032
Support from government regulations, cost efficiency, low environmental impact, and technological improvements drive the global market. MARKET INSIGHTS. Biomass boilers are economically and environmentally advantageous.
New York, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GLOBAL INDUSTRIAL BIOMASS BOILER MARKET FORECAST 2023-2032" - https://www.reportlinker.com/p06421119/?utm_source=GNW
Support from government regulations, cost efficiency, low environmental impact, and technological improvements drive the global market.
Biomass boilers are economically and environmentally advantageous.Moreover, companies use different types of bio-based feedstock, such as woody biomass, agriculture biomass, and residue, which are converted through thermochemical transformations.
Further, a boiler is an essential part of an industry and is used for power generation and to combine heat and power.
Additionally, according to the National Institute of Building Sciences (United States), biomass-driven energy costs are approximately $0.8 to $0.15 per kilowatt-hour (kWh), a cost-effective solution. Hence, the low costs of the product also boost its demand over the forecast period.
The global industrial biomass boiler market is segregated based on geography into Asia-Pacific, Europe, North America, and Rest of World. North America is expected to dominate the market in terms of market shares owing to high research and development investments and several market players in the region.
Competition in this market is set to remain high over the forecast period as companies try to offer the best products with government regulations aiming to reduce carbon emissions through tax-based incentives.
Some of the key companies operating in the market include Babcock Power Inc, Clyde Bergemann Power Group Inc, Constructions Industrielles de la, Ecovision Systems Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
1. AALBORG ENERGIE TECHNIK A/S
2. AFS ENERGY SYSTEMS
3. ALSTOM SA
4. ANDRITZ AG
5. BABCOCK POWER INC
6. CLYDE BERGEMANN POWER GROUP INC
7. CONSTRUCTIONS INDUSTRIELLES DE LA
8. ECOVISION SYSTEMS LTD
9. ENGLISH BOILER AND TUBE INC (ACQUIRED BY SUPERIOR BOILER)
10. ESI SCOTLAND
11. ETA HEIZTECHNIK GMBH
12. FSE ENERGY INC
13. HURST BOILER AND WELDING CO INC
14. OUTOTEC OYJ
Read the full report: https://www.reportlinker.com/p06421119/?utm_source=GNW
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