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Europe Wood Pellets Biomass Boilers Market Size, Share & Trends Analysis Report By Application (Residential, and Commercial), By Type, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 88 Pages
  • March 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953669
The Europe Wood Pellets Biomass Boilers Market would witness market growth of 13.3% CAGR during the forecast period (2023-2030).

The Germany market dominated the Europe Wood Pellets Biomass Boilers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $911.8 Million by 2030. The UK market is exhibiting a CAGR of 12.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 14.2% during (2023 - 2030).



These boilers find diverse applications across various sectors, reflecting their versatility, efficiency, and adaptability to various heating needs. In the residential sector, biomass boilers are utilized for space heating, water heating, and even combined heat and power (CHP) generation, providing reliable and cost-effective heating solutions for households of all sizes. Biomass boilers contribute to energy savings, carbon emissions reduction, and sustainable facility management practices in commercial settings in schools, hospitals, and office buildings.

Moreover, in the industrial sector, these boilers play a crucial role in process heating, steam generation, and district heating systems, supporting manufacturing operations, agricultural processing, and district-wide energy infrastructure. The flexibility of biomass heating systems allows for seamless integration with existing heating infrastructure, enabling industries to transition towards cleaner energy sources without compromising productivity or operational efficiency.

The growing availability of biomass feedstocks in the EU and supportive policies have increased demand for biomass heating solutions, including these boilers. As per the data from Eurostat, the primary supply of solid biomass in the EU has increased from 3,336,811 TJ in 2008 to 4,454,768 TJ in 2021, an increase of 33.5%. The largest growth of indigenous solid biomass production in this period has been for wood pellets use (413%) and animal waste (351.9%). Moreover, as the UK phases out coal-fired power plants and transitions to renewable energy sources, biomass power generation may face increasing competition for biomass feedstocks, potentially driving up wood pellet prices and incentivizing the use of these boilers in sectors where direct electrification is challenging. As per the data provided by the Government of the United Kingdom, renewable electricity represented 43.1% of total generation (134.6 TWh) in 2020, up from 36.9% in 2019. Hence, the rising biomass production and renewable electricity generation in Europe is expected to drive the growth of the regional market.

Based on Application, the market is segmented into Residential, and Commercial. Based on Type, the market is segmented into Fully Automated Biomass Boiler, Semi-automated Industrial Biomass Boilers, Combined Heat and Power (CHP) Biomass Systems, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Andritz AG
  • Woodco Renewable Energy Limited
  • Carrier Global Corporation
  • Babcock & Wilcox Enterprises, Inc.
  • John Cockerill S.A.
  • Hurst Boiler & Welding Co, Inc.
  • thyssenkrupp AG
  • Thermax Limited
  • ETA Heiztechnik GmbH

Market Report Segmentation

By Application
  • Residential
  • Commercial
By Type
  • Fully Automated Biomass Boiler
  • Semi-automated Industrial Biomass Boilers
  • Combined Heat and Power (CHP) Biomass Systems
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Wood Pellets Biomass Boilers Market, by Application
1.4.2 Europe Wood Pellets Biomass Boilers Market, by Type
1.4.3 Europe Wood Pellets Biomass Boilers Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Wood Pellets Biomass Boilers Market by Application
4.1 Europe Residential Market by Country
4.2 Europe Commercial Market by Country
Chapter 5. Europe Wood Pellets Biomass Boilers Market by Type
5.1 Europe Fully Automated Biomass Boiler Market by Country
5.2 Europe Semi-automated Industrial Biomass Boilers Market by Country
5.3 Europe Combined Heat and Power (CHP) Biomass Systems Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Wood Pellets Biomass Boilers Market by Country
6.1 Germany Wood Pellets Biomass Boilers Market
6.1.1 Germany Wood Pellets Biomass Boilers Market by Application
6.1.2 Germany Wood Pellets Biomass Boilers Market by Type
6.2 UK Wood Pellets Biomass Boilers Market
6.2.1 UK Wood Pellets Biomass Boilers Market by Application
6.2.2 UK Wood Pellets Biomass Boilers Market by Type
6.3 France Wood Pellets Biomass Boilers Market
6.3.1 France Wood Pellets Biomass Boilers Market by Application
6.3.2 France Wood Pellets Biomass Boilers Market by Type
6.4 Russia Wood Pellets Biomass Boilers Market
6.4.1 Russia Wood Pellets Biomass Boilers Market by Application
6.4.2 Russia Wood Pellets Biomass Boilers Market by Type
6.5 Spain Wood Pellets Biomass Boilers Market
6.5.1 Spain Wood Pellets Biomass Boilers Market by Application
6.5.2 Spain Wood Pellets Biomass Boilers Market by Type
6.6 Italy Wood Pellets Biomass Boilers Market
6.6.1 Italy Wood Pellets Biomass Boilers Market by Application
6.6.2 Italy Wood Pellets Biomass Boilers Market by Type
6.7 Rest of Europe Wood Pellets Biomass Boilers Market
6.7.1 Rest of Europe Wood Pellets Biomass Boilers Market by Application
6.7.2 Rest of Europe Wood Pellets Biomass Boilers Market by Type
Chapter 7. Company Profiles
7.1 Woodco Renewable Energy Limited
7.1.1 Company Overview
7.2 Hurst Boiler & Welding Co, Inc.
7.2.1 Company Overview
7.3 ETA Heiztechnik GmbH
7.3.1 Company Overview
7.4 Andritz AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.5 Carrier Global Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Babcock & Wilcox Enterprises, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 John Cockerill S.A.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 thyssenkrupp AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 Thermax Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis

Companies Mentioned

  • Andritz AG
  • Woodco Renewable Energy Limited
  • Carrier Global Corporation
  • Babcock & Wilcox Enterprises, Inc.
  • John Cockerill S.A.
  • Hurst Boiler & Welding Co, Inc.
  • thyssenkrupp AG
  • Thermax Limited
  • ETA Heiztechnik GmbH

Methodology

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