Search

Biomass Power Generation Market

Biomass Power Generation Market Size by Feedstock (Woody Biomass, Municipal Solid Waste, Solid Biomass, Biogas, Urban Residue, Liquid Biomass, Energy Crops, Agriculture and Forest Residue, & Others), Technology (Anaerobic Digestion, Combustion, Gasification, Pyrolysis, Landfill Gas, & Others), Application, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Base Year: 2021 Historical Data: 2019-20
  • Report ID: TBI-12770
  • Published Date: May, 2022
  • Pages: 234
  • Category: Energy & Power
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global biomass power generation market will reach USD 84.78 billion by 2030, at a CAGR of 6.78% from 2022 to 2030. The world primarily depends on fossil fuels to meet its energy needs. The rapid urbanization, industrialization, and growing population will increase energy consumption in the future. However, the risks associated with climate change are also increasing as the burning of fossil fuels leads to greenhouse gas emissions. The growing energy needs and conversation of the environment combined will drive the global biomass generation market as biomass power generation will enable the world to achieve the twin-fold goals of increasing energy consumption and environmental conservation. Also, the governments worldwide are introducing biomass power generation friendly policies to encourage biomass power generation to reduce emissions, meet energy consumption, and save money and the environment by reducing dependency on fossil fuels.

Market Overview:

The modern world runs on energy, from phones, laptops, and gas, to trains and airplanes. Energy forms an essential component of everyday human life. Energy is utilized to perform a task. The capacity to do work can be defined as energy. Power, on the other hand, means the transfer of energy. The faster the transfer of energy, the more power the device has. One such form of energy transfer takes place when electricity is produced. Mechanical, steam, thermal, and wind are forms of energy utilized to produce electricity through various processes or methods. Such input material, techniques/procedures, and the combined electricity produced are called power generation. Fossil fuels are widely used to produce electricity. They are the primary source of energy in many sectors. Biomass is another type of input material utilized to produce electricity. Wood, garbage, municipal waste, agriculture waste, and crops are some biomass components. Biomass mainly consists of organic material processed through different processes to produce energy. Unlike fossil fuels, the energy produced is clean and renewable with zero or minimum greenhouse gas emissions. Combustion and pyrolysis are some techniques used to produce energy from biomass. The rising climate change awareness has witnessed a shift towards electricity production from renewable energy sources like biomass. Also, the depletion of fossil fuel resources and their negative impact on the environment has increased the popularity of biomass as a source of energy production.

Get an overview of this study by requesting a free sample

Market Dynamics:

Drivers:
  • Rising awareness about biomass power generation

The present generation feels the impact of climate change and is worried about the future; like the government, they are making sustainable choices in life to arrest the temperature rise. The rising awareness, along with the increasing energy prices, has reduced the disposable income of consumers. The geopolitical instability and the non-renewable nature of fossil fuels lead to a shortage of fuel to produce power. These factors will contribute to the increasing adoption of biomass to make power.

Restraints:
  • High installation costs

Affordability drives demand for any product; as the biomass power generation industry is at a nascent stage and the new technologies are just being tested and improved, the costs of equipment and technologies involved are high compared to conventional power generation sources. The high price is a factor restraining the uptick in the adoption of biomass power generation.

Opportunities:
  • Favorable government regulations and subsidies

With the rising energy costs, the fiscal standing of the governments is falling. Hence, most countries' governments are looking to scale up alternative energy sources to reduce import costs and stabilize their fiscal standing. One of the best alternative options being explored is the use of renewable sources of clean energy in the economic sectors of the nations. While encouraging alternative fuel options to reduce fossil fuel dependency, governments aim to fulfill their global pledges of reducing emissions by 2050-70. The burning of fossil fuels is considered among the significant contributors to greenhouse gas emissions and a leading cause of pollution that impacts the health of citizens and the earth. Considering the present situation, encouraging biomass power generation by making them affordable, accessible, and efficient to produce and buy seems to be an effective way to handle fiscal distress and environmental goals.

Challenges:
  • Biomass power generation plants require large spaces for their installation.

The extensive setup of biomass power generation plants requires a large area to be cleared, which might lead to deforestation when the environmental conversation rules are lax in a country. Also, biomass power generation is not completely clean and may emit greenhouse gases which are not ideal for achieving zero carbon footprints. Due to its nascent developmental phase, biomass power generation has many inefficiencies that could challenge the market's growth in the forecast period.

Segmentation Analysis:

The global biomass power generation market is segmented based on feedstock, technology, application, and regions.

  • The feedstock segment is divided into woody biomass, municipal solid waste, solid biomass, biogas, urban residue, liquid biomass, energy crops, agriculture and forest residue, & others. The solid biomass segment dominated the market with a market share of around 58% in 2021. The easy availability of solid biomass makes it the primary feedstock option. Solid biomass is also a low cost, significantly contributing to its growing popularity in the global biomass power generation market.
  • The technology segment is divided into anaerobic digestion, combustion, gasification, pyrolysis, landfill gas, & others. Over the forecast period, the combustion segment is expected to grow at the fastest CAGR of 7.51%. Combustion is the burning of biomass material in the presence of oxygen. The heat generated from this burning is then utilized to boil water, which converts into steam and further produces energy in electricity. Combustion is the simplest and the cheapest method compared to other technologies, thereby dominating the technology segment of the biomass power generation market.
  • The application segment is divided into commercial, industrial, and residential. In 2021, the industrial segment dominated the market, accounting for around 49% of global revenue. The extensive capital and setup required for biomass power generation can be taken up by big-end industries, unlike the residential sector, which is the dominant segment in the biomass power generation market.
Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global biomass power generation market, with a 34% share of the market revenue in 2021.

  • North America currently dominates the biomass power generation market due to increased demand for biomass power generation to replace conventional power generation sources. Asia-Pacific is expected to rise in the forecast period due to the government's adoption of new schemes and subsidies to encourage the adoption of biomass power generation.

North America Biomass Power Generation Market Share in 2021 – 34%

 

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

Competitive Analysis:

The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global biomass power generation industry.

The completion and start-up of a giant rice husk biomass power plant in Phnom Penh's Chbar Ampov district are still on schedule for July 2022. The facility, which will help in the Kingdom's emission reduction efforts, will be built in collaboration with Berkeley Energy Commercial and Industrial Solutions (BECIS) of Singapore and will cost USD 5.8 million.

List of Key Market Players:

  • E. ON SE
  • Ameresco Inc.
  • Babcock & Wilcox Enterprises Inc.
  • John Wood Group PLC
  • Weltec Biopower GmbH
  • EnviTec Biogas AG
  • Engie
  • Oulun Energia Oy
  • ACCIONA
  • Indus Green Bio Energy Pvt. Ltd.

Key Target Audience

  • Energy and Power Sector
  • Industrial Sector
  • End-users
  • Investors
  • Government Authorities
  • R&D Institutions
  • Market Players
  • Venture Capitalists
  • Consultation Firms

Report Description:

  • Global Biomass Power Generation Market, Industry Analysis, Trends, Analysis and Forecast, 2022 to 2030 is a forthcoming/imminent research report which is to be published by The Brainy Insights.
  • 2021 is considered as the base year of the report. 2019 and 2020 are considered as the historic years and 2022 to 2030 are the forecast years. The global biomass power generation market is based on revenue (USD Million/Billion). The report incorporates the market study based on revenue. The study covers the market share revenue/market share for each of the segments, regions, and countries catering to global biomass power generation market. The regions analyzed for the market are Europe, Asia Pacific, North America, South America and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
  • The report encompasses with the relative data & information, which have been validated by the leading industry professionals and experts all across the globe. The research report also delivers an outline of the attractiveness of biomass power generation based on feedstock, technology, application and regions which are deduced and formulated based on their growth rate (CAGR), market size, and attractiveness by analyzing the present and prospects to fathom market growth and development in future.
  • The report illustrates the detailed (both quantitative and qualitative) analysis of historical data, revenues, key developments, along with the crucial strategies adopted by key organizations catering to global biomass power generation market. This offers vital and in-depth insights in order to depict the overall market scenario.
  • The report offers the detailed study for the company profiles of key organizations operating in the biomass power generation market and a comparative assessment based on their product offering, business overviews, geographic presence, business strategies, segment market share, product development & innovations, recent developments, joint venture, partnerships, mergers & amp; acquisitions, strategic alliances, SWOT analysis, and key financial information. This helps in evaluating the overall competition present in the market scenario.
  • The report provides an elaborative assessment of the porter's five forces analysis coupled with SWOT analysis so as to provide business related data and informations. Porter's five forces model is analyzed to understand the overall competitive scenario that is prevailing in the market. Additionally, the SWOT analysis identifies both the positive and negative attributes of the market development which influences the company's growth and development in order to sustain and survive in the long run.
  • Along with that, the report also focuses on the market related driving factors, growth limitations (restraints), potential industry opportunities, significant trends and development which act as a key potential for the investors.
  • Potential growth prospects along with the penetration rate analysis of the products (market related, i.e., biomass power generation market) are covered in order to comprehend the adoption rate and evaluate the market size. 

Frequesntly Asked Questions

As per The Brainy Insights, the size of the biomass power generation market was valued at USD 46.98 billion in 2021 to USD 84.78 billion by 2030.

The global biomass power generation market is growing at a CAGR of 6.78% during the forecast period 2022-2030.

The global biomass power generation market has been segmented based on feedstock, technology, application, and regions. The solid biomass segment led the market in 2021. The industrial segment led the market in 2021.

The North American region emerged as the largest market for the biomass power generation.

The rising awareness about biomass power generation will influence the market's growth.

The high installation costs could hamper market growth.

Favourable government regulations and subsidies will provide considerable opportunities to the market.

Key players are E. ON SE, Ameresco Inc., Babcock & Wilcox Enterprises Inc., John Wood Group PLC, Weltec Biopower GmbH, EnviTec Biogas AG, Engie, Oulun Energia Oy, ACCIONA, and Indus Green Bio Energy Pvt. Ltd.

Get Your Report Customized

  • Further segmentation of the market on the basis of type, application, end use, product, technology, method, process and any other segment depending on the market
  • Segmentation on the basis of any specific country or region
  • Any segment can be classified on the basis of application
  • Application segment can be further divided on the basis of companies
  • The companies profiled are not limited, we can incorporate additional companies of your choice
  • We can split the company market share on the basis of product, application and region
  • Report can be prepared for any specific country/region/segment
  • Customers can be added on the basis of regions and countries
Request for Customization

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Feedstock
          4.3.2. Market Attractiveness Analysis by Technology
          4.3.3. Market Attractiveness Analysis by Application
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Rising awareness about biomass power generation
    5.3. Restraints
          5.3.1. High installation costs
    5.4. Opportunities
          5.4.1. Favourable government regulations and subsidies
    5.5. Challenges
          5.5.1. Biomass power generation plants require large spaces for its installation

6. Global Biomass Power Generation Market Analysis and Forecast, By Feedstock
    6.1. Segment Overview
    6.2. Woody Biomass
    6.3. Municipal Solid Waste
    6.4. Solid Biomass
    6.5. Biogas
    6.6. Urban Residue
    6.7. Liquid Biomass
    6.8. Energy Crops
    6.9. Agriculture and Forest Residue
    6.10. Others

7. Global Biomass Power Generation Market Analysis and Forecast, By Technology
    7.1. Segment Overview
    7.2. Anaerobic Digestion
    7.3. Combustion
    7.4. Gasification
    7.5. Pyrolysis
    7.6. Landfill Gas
    7.7. Others

8. Global Biomass Power Generation Market Analysis and Forecast, By Application
    8.1. Segment Overview
    8.2. Commercial
    8.3. Industrial
    8.4. Residential

9. Global Biomass Power Generation Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Biomass Power Generation Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Biomass Power Generation Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. E. ON SE
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Ameresco Inc.
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Babcock & Wilcox Enterprises Inc.
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. John Wood Group PLC
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Weltec Biopower GmbH
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. EnviTec Biogas AG
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Engie
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Oulun Energia Oy
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. ACCIONA
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Indus Green Bio Energy Pvt. Ltd.
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis

List of Table

1. Global Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

2. Global Woody Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

3. Global Municipal Solid Waste Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

4. Global Solid Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

5. Global Biogas Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

6. Global Urban Residue Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

7. Global Liquid Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

8. Global Energy Crops Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

9. Global Agriculture and Forest Residue Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

10. Global Others Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

11. Global Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

12. Global Anaerobic Digestion Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

13. Global Combustion Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

14. Global Gasification Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

15. Global Pyrolysis Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

16. Global Landfill Gas Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

17. Global Others Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

18. Global Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

19. Global Commercial Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

20. Global Industrial Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

21. Global Residential Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

22. Global Biomass Power Generation Market, By Region, 2019-2030 (USD Billion) 

23. North America Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

24. North America Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

25. North America Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

26. U.S. Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

27. U.S. Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

28. U.S. Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

29. Canada Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

30. Canada Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

31. Canada Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

32. Mexico Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

33. Mexico Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

34. Mexico Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

35. Europe Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

36. Europe Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

37. Europe Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

38. Germany Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

39. Germany Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

40. Germany Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

41. France Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

42. France Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

43. France Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

44. U.K. Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

45. U.K. Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

46. U.K. Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

47. Italy Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

48. Italy Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

49. Italy Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

50. Spain Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

51. Spain Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

52. Spain Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

53. Asia Pacific Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

54. Asia Pacific Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

55. Asia Pacific Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

56. Japan Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

57. Japan Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

58. Japan Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

59. China Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

60. China Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

61. China Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

62. India Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

63. India Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

64. India Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

65. South America Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

66. South America Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

67. South America Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

68. Brazil Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

69. Brazil Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

70. Brazil Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

71. Middle East and Africa Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

72. Middle East and Africa Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

73. Middle East and Africa Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

74. UAE Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

75. UAE Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

76. UAE Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

77. South Africa Biomass Power Generation Market, By Feedstock, 2019-2030 (USD Billion) 

78. South Africa Biomass Power Generation Market, By Technology, 2019-2030 (USD Billion) 

79. South Africa Biomass Power Generation Market, By Application, 2019-2030 (USD Billion) 

List of Figures 

1. Global Biomass Power Generation Market Segmentation

2. Biomass Power Generation Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Biomass Power Generation Market Attractiveness Analysis by Feedstock

9. Global Biomass Power Generation Market Attractiveness Analysis by Technology

10. Global Biomass Power Generation Market Attractiveness Analysis by Application

11. Global Biomass Power Generation Market Attractiveness Analysis by Region

12. Global Biomass Power Generation Market: Dynamics

13. Global Biomass Power Generation Market Share by Feedstock (2022 & 2030)

14. Global Biomass Power Generation Market Share by Technology (2022 & 2030)

15. Global Biomass Power Generation Market Share by Application (2022 & 2030)

16. Global Biomass Power Generation Market Share by Regions (2022 & 2030)

17. Global Biomass Power Generation Market Share by Company (2021)

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global biomass power generation market based on below-mentioned segments:

Global Biomass Power Generation Market by Platform:

  • Woody Biomass
  • Municipal Solid Waste
  • Solid Biomass
  • Biogas
  • Urban Residue
  • Liquid Biomass
  • Energy Crops
  • Agriculture and Forest Residue
  • Others

Global Biomass Power Generation Market by Product Type:

  • Anaerobic Digestion
  • Combustion
  • Gasification
  • Pyrolysis
  • Landfill Gas
  • Others

Global Biomass Power Generation Market by Application:

  • Commercial
  • Industrial
  • Residential 

Global Biomass Power Generation Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Ask for customization Request Sample Speak to analyst Inquire before buying

Flexible Purchase Options

  • Chapters of your choice
  • Quantitative Information for Historical & Forecasted Data
  • Regional/Country Level Reports
Request for Special Pricing

Get in touch with us

+1-315-215-1633

sales@thebrainyinsights.com

Our Clients

Why choose us

ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems

Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system

Global Outreach6 Major regions and 40+ countries level analysis accomplished

Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date