NEW YORK, Aug. 11, 2021 /PRNewswire/ -- According to the latest market research report titled biomass power generation market by Feedstock (Solid biomass, Biogas, Municipal solid waste, and Liquid biomass) and Geographic Landscape (APAC, Europe, North America, MEA, and South America) from Technavio, the market is expected to expand at a healthy CAGR of 5%. The growth can be mainly attributed to the growing need for cleaner energy.
Based on segmentation by feedstock, which is the leading segment in the market? The solid biomass feedstock segment led the market in 2019 and will continue to maintain its dominance during the forecast period
At what rate is the market projected to grow? The market is projected to witness a CAGR of over 5% despite COVID-19 impacting the industry negatively.
How is the market growth expected to shape up with an alarming spread of the pandemic globally? The market is anticipated to have an Indirect impact due to the spread.
How big is the APAC market? 50% of the market's growth is expected to originate from APAC
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acciona SA, Ameresco Inc., Andritz AG, Babcock & Wilcox Enterprises Inc., E.ON SE, General Electric Co., John Wood Group Plc, Thermax Ltd., Valmet Oyj, Vattenfall AB are some of the major market participants. The growing need for a cleaner energy supply will offer immense growth opportunities for the market vendors to flourish their business. In a bid to help players strengthen their market foothold, this biomass power generation market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Biomass Power Generation Market 2020-2024: Segmentation
Biomass Power Generation Market is segmented as below:
Biomass Power Generation Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist biomass power generation market growth during the next five years
Estimation of the biomass power generation market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the biomass power generation market across APAC, Europe, North America, MEA, and South America
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of biomass power generation market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2020-2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Feedstock
Comparison by Feedstock
Solid biomass - Market size and forecast 2020-2024 (GW)
Biogas - Market size and forecast 2020-2024 (GW)
Municipal solid waste - Market size and forecast 2020-2024 (GW)
Liquid biomass - Market size and forecast 2020-2024 (GW)
Market opportunity by Feedstock
APAC - Market size and forecast 2020-2024
Europe - Market size and forecast 2020-2024
North America - Market size and forecast 2020-2024
MEA - Market size and forecast 2020-2024
South America - Market size and forecast 2020-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
Babcock & Wilcox Enterprises Inc.
General Electric Co.
John Wood Group Plc
Scope of the report
Currency conversion rates for US$
List of abbreviations
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