+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Biomass Electricity Global Market Opportunities And Strategies To 2030, By Feedstock, End-User, Technology

  • ID: 5553897
  • Report
  • February 2022
  • Region: Global
  • 205 Pages
  • The Business Research Company

FEATURED COMPANIES

  • Acciona Sa
  • CEZ
  • Drax Group
  • Engie
  • EPH
  • Ørsted A/S
Biomass Electricity Global Market Opportunities And Strategies To 2030: COVID-19 Impact And Recovery provides the strategists; marketers and senior management with the critical information they need to assess the global biomass electricity market as it emerges from the COVID 19 shut down.



Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.

Description:


Where is the largest and fastest growing market for biomass electricity? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The biomass electricity market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider biomass electricity market; and compares it with other markets.

The report covers the following chapters

  • Executive Summary - The executive summary section of the report gives a brief overview and summary of the report.
  • Report Structure - This section gives the structure of the report and the information covered in the various sections.
  • Introduction - The introduction section of the report gives brief introduction about segmentation by geography, segmentation by feedstock, segmentation by end user and segmentation by technology.
  • Market Characteristics - The market characteristics section of the report defines and explains the biomass electricity market. This chapter also defines and describes goods and related services covered in the report.
  • Trends And Strategies - This chapter describes the major trends shaping the global biomass electricity market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
  • Impact Of COVID-19 - This chapter discusses the impact of COVID-19 on the biomass electricity market.
  • Global Market Size And Growth - This section contains the global historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - This section contains the historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values and growth and market share comparison by region.
  • Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
  • Regional Market Size and Growth - This section contains the region’s market size (2020), historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region. The market overview sections of the report describe the current size of the market, background information, government initiatives, regulations, regulatory bodies, associations, corporate tax structure, investments, and major companies.
  • Competitive Landscape - This section covers details on the competitive landscape of the global biomass electricity market, estimated market shares and company profiles for the leading players.
  • Key Mergers And Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
  • Market Opportunities And Strategies - This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
  • Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for biomass electricity companies in terms of product offerings, geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope


Markets Covered:
  1. By Feedstock: Solid Biomass; Biogas; Municipal Solid Waste; Liquid Biomass
  2. By End-User: Households; Industrial sector; Government sectors; Others
  3. By Technology: Anaerobic Digestion; Combustion; Co-Firing; Gasification; Landfill Gas

Companies Mentioned: Drax Group; EPH; Engie; EDF; Iberdrola; RWE; Ørsted A/S; Enviva; CEZ; Babcock and Wilcox; Acciona Sa; Dong Energy A/S

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; biomass electricity indicators comparison.

Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Biomass Electricity Market

What is the estimated value of the Global Biomass Electricity Market?

The Global Biomass Electricity Market was estimated to be valued at $30099.6 million in 2015.

What is the growth rate of the Global Biomass Electricity Market?

The growth rate of the Global Biomass Electricity Market is 6.1%, with an estimated value of $73331.9 million by 2030.

What is the forecasted size of the Global Biomass Electricity Market?

The Global Biomass Electricity Market is estimated to be worth $73331.9 million by 2030.

Who are the key companies in the Global Biomass Electricity Market?

Key companies in the Global Biomass Electricity Market include Drax Group, EPH, Engie, EDF, Iberdrola, RWE, Ørsted A/S, Enviva and Babcock and Wilcox.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acciona Sa
  • CEZ
  • Drax Group
  • Engie
  • EPH
  • Ørsted A/S

1. Biomass Electricity Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Feedstock
6.3. Segmentation By End-User
6.4. Segmentation By Technology
7. Biomass Electricity Market Characteristics
7.1. Market Definition
7.2. Market Segmentation By Feedstock
7.2.1. Solid Biomass
7.2.2. Biogas
7.2.3. Municipal Solid Waste
7.2.4. Liquid Biomass
7.3. Market Segmentation By End-User
7.3.1. Household
7.3.2. Industrial
7.3.3. Government
7.3.4. Others
7.4. Market Segmentation By Technology
7.4.1. Anaerobic Digestion
7.4.2. Combustion
7.4.3. Co-Firing
7.4.4. Gasification
7.4.5. Landfill Gas
8. Biomass Electricity Market Trends And Strategies
8.1. Bioenergy With Carbon Capture And Storage (BECCS)
8.2. Power Plant Transitions
8.3. Anaerobic Digestion Plants
8.4. Innovations In Waste-to-Energy Technologies
8.5. Digital Marketplaces Enabling Renewable Mix
8.6. Artificial Intelligence In Biomass Preprocessing
9. Impact Of COVID-19 On The Biomass Electricity Market
9.1. Introduction
9.2. Impact On Demand
9.3. Supply Chain Disruption
9.4. Future Outlook
10. Global Biomass Electricity Market Size And Growth
10.1. Market Size
10.2. Historic Market Growth, 2015 - 2020, Value ($ Million)
10.2.1. Drivers Of The Market 2015 - 2020
10.2.2. Government Incentives
10.2.3. The biomass electricity market growth is supported by government initiatives in the historic period.
10.2.4. Restraints On The Market 2015 - 2020
10.3. Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
10.3.1. Drivers Of The Market 2020 - 2025
10.3.2. Restraints On The Market 2020 - 2025
11. Global Biomass Electricity Market Segmentation
11.1. Global Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
11.2. Global Biomass Electricity Market, Segmentation By End-User, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
11.3. Global Biomass Electricity Market, Segmentation By Technology, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
12. Biomass Electricity Market, Regional And Country Analysis
12.1. Global Biomass Electricity Market, By Region, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
12.2. Global Biomass Electricity Market, By Country, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13. Asia-Pacific Biomass Electricity Market
13.1. Asia Pacific Biomass Electricity Market Overview
13.1.1. Region Information
13.1.2. Market Information
13.1.3. Background Information
13.1.4. Government Initiatives
13.1.5. Regulations
13.1.6. Regulatory Bodies
13.1.7. Major Associations
13.1.8. Taxes Levied
13.1.9. Corporate Tax Structure
13.1.10. Investments
13.1.11. Major Companies
13.2. Asia-Pacific Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.3. Asia-Pacific Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.4. Asia-Pacific Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.5. Asia-Pacific Biomass Electricity Market: Country Analysis
13.6. China Biomass Electricity Market
13.7. China Biomass Electricity Market Overview
13.7.1. Country Information
13.7.2. Market Information
13.7.3. Background Information
13.7.4. Government Initiatives
13.7.5. Regulations
13.7.6. Regulatory Bodies
13.7.7. Major Associations
13.7.8. Taxes Levied
13.7.9. Corporate Tax Structure
13.7.10. Investments
13.7.11. Major Companies
13.8. China Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.9. China Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.10. China Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.11. India Biomass Electricity Market
13.12. India Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.13. India Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.14. India Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.15. Japan Biomass Electricity Market
13.16. Japan Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.17. Japan Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.18. Japan Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.19. Australia Biomass Electricity Market
13.20. Australia Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.21. Australia Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.22. Australia Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.23. Indonesia Biomass Electricity Market
13.24. Indonesia Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.25. Indonesia Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.26. Indonesia Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.27. South Korea Biomass Electricity Market
13.28. South Korea Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.29. South Korea Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
13.30. South Korea Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14. Western Europe Biomass Electricity Market
14.1. Western Europe Biomass Electricity Market Overview
14.1.1. Region Information
14.1.2. Market Information
14.1.3. Background Information
14.1.4. Government Initiatives
14.1.5. Regulations
14.1.6. Regulatory Bodies
14.1.7. Major Associations
14.1.8. Investments
14.1.9. Taxes Levied
14.1.10. Corporate Tax Structure
14.1.11. Major Companies
14.2. Western Europe Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.3. Western Europe Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
14.4. Western Europe Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14.5. Western Europe Biomass Electricity Market: Country Analysis
14.6. UK Biomass Electricity Market
14.7. UK Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.8. UK Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
14.9. UK Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14.10. Germany Biomass Electricity Market
14.11. Germany Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.12. Germany Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
14.13. Germany Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14.14. France Biomass Electricity Market
14.15. France Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.16. France Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
14.17. France Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
15. Eastern Europe Biomass Electricity Market
15.1. Eastern Europe Biomass Electricity Market Overview
15.1.1. Region Information
15.1.2. Market Information
15.1.3. Background Information
15.1.4. Government Initiatives
15.1.5. Regulations
15.1.6. Regulatory Bodies
15.1.7. Associations
15.1.8. Taxes Levied
15.1.9. Corporate Tax Structure
15.1.10. Investments
15.1.11. Major Companies
15.2. Eastern Europe Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
15.3. Eastern Europe Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
15.4. Eastern Europe Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
15.5. Eastern Europe Biomass Electricity Market: Country Analysis
15.6. Russia Biomass Electricity Market
15.7. Russia Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
15.8. Russia Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
15.9. Russia Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
16. North America Biomass Electricity Market
16.1. North America Biomass Electricity Market Overview
16.1.1. Region Information
16.1.2. Market Information
16.1.3. Background Information
16.1.4. Government Initiatives
16.1.5. Regulations
16.1.6. Regulatory Bodies
16.1.7. Associations
16.1.8. Tax Levied
16.1.9. Corporate Tax Structure
16.1.10. Investments
16.1.11. Major Companies
16.2. North America Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
16.3. North America Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
16.4. North America Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
16.5. North America Biomass Electricity Market: Country Analysis
16.6. USA Biomass Electricity Market
16.7. USA Biomass Electricity Market Overview
16.7.1. Country Information
16.7.2. Market Information
16.7.3. Background Information
16.7.4. Government Initiatives
16.7.5. Regulations
16.7.6. Regulatory Bodies
16.7.7. Associations
16.7.8. Tax Levied
16.7.9. Corporate Tax Structure
16.7.10. Investments
16.7.11. Major Companies
16.8. USA Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
16.9. USA Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
16.10. USA Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
17. South America Biomass Electricity Market
17.1. South America Biomass Electricity Market Overview
17.1.1. Region Information
17.1.2. Market Information
17.1.3. Background Information
17.1.4. Government Initiatives
17.1.5. Regulations
17.1.6. Regulatory Bodies
17.1.7. Major Associations
17.1.8. Taxes Levied
17.1.9. Corporate Tax Structure
17.1.10. Investments
17.1.11. Major Companies
17.2. South America Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
17.3. South America Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
17.4. South America Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
17.5. South America Biomass Electricity Market: Country Analysis
17.6. Brazil Biomass Electricity Market
17.7. Brazil Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
17.8. Brazil Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
17.9. Brazil Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
18. Middle East Biomass Electricity Market
18.1. Middle East Biomass Electricity Market Overview
18.1.1. Region Information
18.1.2. Market Information
18.1.3. Background Information
18.1.4. Government Initiatives
18.1.5. Regulations
18.1.6. Regulatory Bodies
18.1.7. Major Associations
18.1.8. Taxes Levied
18.1.9. Corporate Tax Structure
18.1.10. Investments
18.1.11. Major Companies
18.2. Middle East Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
18.3. Middle East Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
18.4. Middle East Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
19. Africa Biomass Electricity Market
19.1. Africa Biomass Electricity Market Overview
19.1.1. Region Information
19.1.2. Market Information
19.1.3. Background Information
19.1.4. Government Initiatives
19.1.5. Regulations
19.1.6. Regulatory Bodies
19.1.7. Major Associations
19.1.8. Taxes Levied
19.1.9. Corporate Tax Structure
19.1.10. Investments
19.1.11. Major Companies
19.2. Africa Biomass Electricity Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
19.3. Africa Biomass Electricity Market, Forecast Market Growth, 2020 - 2025, 2030F, Value ($ Million)
19.4. Africa Biomass Electricity Market, Segmentation By Feedstock, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
20. Biomass Electricity Global Market Competitive Landscape
20.1. Company Profiles
20.2. Drax Group
20.2.1. Company Overview
20.2.2. Products And Services.
20.2.3. Business Strategy
20.2.4. Financial Overview
20.3. EPH
20.3.1. Company Overview
20.3.2. Products And Services
20.3.3. Business Strategy
20.3.4. Financial Overview
20.4. Engie
20.4.1. Company Overview
20.4.2. Products And Services
20.4.3. Business Strategy
20.4.4. Financial Overview
20.5. EDF
20.5.1. Company Overview
20.5.2. Products And Services
20.5.3. Business Strategy
20.5.4. Financial Overview
20.6. Iberdrola
20.6.1. Company Overview
20.6.2. Products And Services
20.6.3. Business Strategy
20.6.4. Financial Overview
21. Key Mergers And Acquisitions In The Biomass Electricity Market
21.1. Apollo Funds Acquired Stake in AS Graanul Invest
21.2. Drax Group Acquired Pinnacle
21.3. Essent Acquired Vandebron
21.4. Graanul Invest Acquired Texas Pellets Inc.
21.5. Acquisition of Orient Green Power Company Assets
21.6. Sumitomo Corporation Acquired Pacific BioEnergy Corporation (PBEC)
22. Global Biomass Electricity Market Opportunities And Strategies
22.1. Global Biomass Electricity Market In 2025 - Countries Offering Most New Opportunities
22.2. Global Biomass Electricity Market In 2025 - Segments Offering Most New Opportunities
22.3. Global Biomass Electricity Market In 2025 - Growth Strategies
22.3.1. Market Trend Based Strategies
22.3.2. Competitor Strategies
23. Biomass Electricity Market, Conclusions And Recommendations
23.1. Conclusions
23.2. Recommendations
23.2.1. Product
23.2.2. Place
23.2.3. Price
23.2.4. Promotion
23.2.5. People
24. Appendix
24.1. Market Data Sources
24.2. Research Methodology
24.3. Currencies
24.4. Research Inquiries
24.5. About The Publisher
24.6. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acciona Sa
  • CEZ
  • Drax Group
  • Engie
  • EPH
  • Ørsted A/S
This report describes and explains the biomass electricity market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The biomass electricity market reached a value of nearly $33,107.6 million in 2020, having increased at a compound annual growth rate (CAGR) of 1.9% since 2015. The market is expected to grow from $33,107.6 million in 2020 to $50,256.0 million in 2025 at a rate of 8.7%. The market is then expected to grow at a CAGR of 7.0% from 2025 and reach $73,331.9 million in 2030.

Growth in the historic period resulted from emerging markets growth, government incentives, low interest rate environment and high environment impact of conventional power generation sources.

Going forward, the global population growth and urbanization, rising investment for renewable power generation, focus on reducing foreign oil dependence and alternative sources of power generation will drive the growth. Factors that could hinder the growth of the biomass electricity market in the future include stringent environmental regulations, operational challenges and the COVID-19 pandemic.

The biomass electricity market is segmented by feedstock into solid biomass, biogas, municipal solid waste and liquid biomass. The solid biomass market was the largest segment of the biomass electricity market segmented by feedstock, accounting for 63.1% of the total in 2020. Going forward, the solid biomass market is expected to be the fastest growing segment in the biomass electricity market segmented by feedstock, at a CAGR of 10.2% during 2020-2025.

The biomass electricity market is also segmented by end-user into household, industrial, government and others. The industrial market was the largest segment of the biomass electricity market segmented by end-user, accounting for 62.2% of the total in 2020. Going forward, the household segment is expected to be the fastest growing segment in the biomass electricity market segmented by end-user, at a CAGR of 9.6% during 2020-2025.

The biomass electricity market is also segmented by technology into anaerobic digestion, combustion, co-firing, gasification and landfill gas. The combustion market was the largest segment of the biomass electricity market segmented by technology, accounting for 36.3% of the total in 2020. Going forward, the anaerobic digestion segment is expected to be the fastest growing segment in the biomass electricity market segmented by technology, at a CAGR of 9.5% during 2020-2025.

Western Europe was the largest region in the biomass electricity market, accounting for 37.5% of the total in 2020. It was followed by Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the biomass electricity market will be Middle East, and, South America where growth will be at CAGRs of 14.4% and 12.4% respectively. These will be followed by Africa, and Eastern Europe, where the markets are expected to grow at CAGRs of 11.3% and 10.5% respectively.

The coronavirus pandemic that has swept the world is affecting every industry, in more ways than one. Utilities consumption including electricity was negatively impacted in early 2020 with a slowdown in annual growth. The imposition of partial to complete lockdown measures in response to COVID-19 led to an economic downturn in almost all countries and territories worldwide. The lockdowns had a major impact on the energy sector overall as energy demand around the world fell as industrial production came to a halt in major economies and restrictions on business activities, travel and border closures led to a decline in energy demand in transport and industry, decreasing the consumption of bioenergy and other renewables. Moreover, supply chain disruptions adversely impacted the revenues of distributors.

The global biomass electricity market is concentrated, with a small number of players. The top ten competitors in the market made up to 29.15% of the total market in 2020. This can be due to the existence of number of local players in the market serving customers in particular geographies. Drax Group was the largest competitor with 8.11% share of the market, followed by EPH with 5.51%, Engie with 4.97%, EDF with 3.01%, Iberdrola with 2.36%, Acciona SA with 1.60%, RWE with 1.46%, Ørsted A/S with 1.22%, CEZ with 0.80%, and Babcock and Wilcox with 0.09%

The top opportunities in the biomass electricity market segmented by feedstock will arise in the solid biomass segment, which will gain $13,079.9 million of global annual sales by 2025. The top opportunities in segment by end-user will arise in the industrial segment, which will gain $10,510.2 million of global annual sales by 2025. The top opportunities in segment by technology will arise in the combustion segment, which will gain $6,262.9 million of global annual sales by 2025. The biomass electricity market size will gain the most in the China at $2,247.9 million.

Market-trend-based strategies for the biomass electricity market include adopting to bioenergy carbon capture and storage processes in order to reduce emissions, transitioning conventional boilers in order to increase efficiency and reduce carbon emissions, adopting anaerobic digestion plants to reduce emissions, investing and innovating new waste-to-energy technologies, focusing on offering services through digital marketplaces and investing in artificial intelligence technologies to enhance biomass preprocessing.

Player-adopted strategies in the biomass electricity market include leading sustainable biomass generation and supply business, increasing footprint via strategic expansions, leading the energy transition around the world by offering competitive, tailor-made solutions, strengthening portfolios through investments and partnerships and increasing renewable energy capacity.

To take advantage of these opportunities, the publisher recommends the biomass electricity companies to focus on implementing artificial intelligence in biomass preprocessing, expand in emerging and developed markets, focus on digital market places enabling renewable mix, offer competitive pricing, increase visibility through websites, focus on increasing awareness, participate in trade shows and events and focus on fast-growing end use industries.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Drax Group
  • EPH
  • Engie
  • EDF
  • Iberdrola
  • RWE
  • Ørsted A/S
  • Enviva
  • CEZ
  • Babcock and Wilcox
  • Acciona Sa
  • Dong Energy A/S
Note: Product cover images may vary from those shown

Loading
LOADING...