Global Biomass Power Generation
Market Report
2025
The global Biomass Power Generation market size is USD 64.8 billion in 2024. The Biomass Power Generation market will show strongest growth with the compound yearly growth rate (CAGR) of 4.8% from 2024 to 2031. This growth can be attributed to increasing sustainability initiatives.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Biomass Power Generation market size will be USD 64.8 billion in 2024 and will expand at the compound yearly growth rate (CAGR) of 4.8% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Biomass Power Generation Market Sales Revenue | $ 64.8 Billion | 121212 | 121212 | 121212 | 4.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Feedstock |
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Market Split by Technology |
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Market Split by Fuel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Biomass Power Generation industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Biomass Power Generation Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Biomass Power Generation Market is a vital component of renewable energy sector, harnessing organic materials to produce electricity, heat, and biofuels. Utilizing a variety of feedstocks such as agricultural residues, forestry waste, municipal solid waste, and dedicated energy crops, biomass power generation offers a sustainable alternative to fossil fuels, mitigating greenhouse gas emissions and reducing reliance on non-renewable resources. Key technologies include combustion, gasification, anaerobic digestion, and pyrolysis, each with its advantages and applications. The market is driven by the increasing environmental concerns, government incentives, and mandates for renewable energy adoption, coupled with advances in biomass conversion technologies, improving efficiency, and reducing costs. However, challenges such as feedstock availability, logistical constraints, and technological efficiency persist, impacting market growth and scalability. Nonetheless, with ongoing innovation and investment, the biomass power generation market holds promise for expanding renewable energy portfolios and achieving climate targets globally.
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In November 2022, ENGIE inked a deal with Alier, a paper recycle expert, to generate and commission a new thermal energy generating plant from the sustainable forest management in the Rosellos facility, which specializes in making paper for the construction and packaging sectors (Lleida).
(Source: https://www.engie.com/en)
Top Companies Market Share in Biomass Power Generation Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The region boasts abundant biomass resources, including forestry residues, agricultural wastes, and dedicated energy crops. Additionally, supportive government policies, renewable energy incentives, and a mature energy infrastructure facilitate biomass power project development. Furthermore, the technological advancements and investments in research and development contribute to the efficient utilization of biomass resources, further solidifying North America's leadership in this market.
Asia-Pacific stands out as the fastest-growing region in the Biomass Power Generation market due to the rapid industrialization, urbanization, and population growth drive energy demand, fostering the adoption of renewable energy sources like biomass. Additionally, government initiatives, supportive policies, and incentives promote investment in biomass power projects.
The current report Scope analyzes Biomass Power Generation Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Biomass Power Generation Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Biomass Power Generation Industry growth. Biomass Power Generation market has been segmented with the help of its Feedstock, Technology Fuel, and others. Biomass Power Generation market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the current trends and future market projects, Biomass Power Generation market size is projected from 2019 to 2031, with both quantitative and qualitative analysis based on the Feedstock segmentation analysis of the Biomass Power Generation. This helps to understand the fastest-growing segments, such as industrial robots, electric motors, material handling systems, or construction equipment, and others. Type segment analysis gives detailed insights into the factors driving growth, such as technological innovations, automation, and energy efficiency. For instances segments like smart machinery and electric-powered equipment are becoming more popular as industries move towards sustainable and cost-effective solutions.
To better understand the performance of each Feedstock segment, several factors are considered. These include technological advancements like IoT and AI integration, changes in consumer demand for more energy-efficient or customizable operation and pricing trends driven by raw material costs and labor. Regulatory impacts also play a role, especially with environmental and safety regulations. This type of analysis offers a clear view of how different types will evolve over time, helping businesses make smarter decisions on investments and strategies. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Feedstock of Biomass Power Generation analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Biomass Power Generation Industry. Request a Free Sample PDF!
This report provides a comprehensive forecast of revenue growth for the Biomass Power Generation industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each Technology segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough Technology segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key Technology of Biomass Power Generation are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, solid fuel is the dominant category due to its abundant availability and established infrastructure for combustion-based power generation. Biomass in solid form, such as wood pellets, agricultural residues, and forestry biomass, accounts for the majority of biomass feedstock used globally. This dominance is further fueled by the reliability and efficiency of solid fuel combustion technologies, which have been refined over decades. Additionally, solid biomass offers versatility, being applicable in various scales of power generation, from small-scale decentralized systems to large utility-scale power plants.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Biomass Power Generation Market is witnessing significant growth in the near future.
In 2023, the Agriculture Waste segment accounted for noticeable share of global Biomass Power Generation Market and is projected to experience significant growth in the near future.
The Combustion segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Mitsubishi Heavy Industries , Suez and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Feedstock | Agriculture Waste, Forest Waste, Animal Waste, Municipal Waste |
Technology | Combustion, Gasification, Anaerobic Digestion, Pyrolysis |
Fuel | Solid Fuel, Liquid Fuel, Gaseous Fuel |
List of Competitors | Mitsubishi Heavy Industries, Ltd., Suez, Xcel Energy Inc., Ramboll Group A/S, Babcock & Wilcox Enterprises, Inc., Orsted A/S, Ameresco, General Electric, Veolia, Vattenfall |
This chapter will help you gain GLOBAL Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review Global Biomass Power Generation Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review North America Biomass Power Generation Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review Europe Biomass Power Generation Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review Asia Pacific Biomass Power Generation Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review South America Biomass Power Generation Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review Middle East Biomass Power Generation Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Biomass Power Generation. Further deep in this chapter, you will be able to review Middle East Biomass Power Generation Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Biomass Power Generation. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Feedstock Analysis 2019 -2031, will provide market size split by Feedstock. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Feedstock Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Technology Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Fuel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Biomass Power Generation market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Agriculture Waste have a significant impact on Biomass Power Generation market? |
What are the key factors affecting the Agriculture Waste and Forest Waste of Biomass Power Generation Market? |
What is the CAGR/Growth Rate of Combustion during the forecast period? |
By type, which segment accounted for largest share of the global Biomass Power Generation Market? |
Which region is expected to dominate the global Biomass Power Generation Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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