Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4 Billion | USD 11 Billion | 6% | 2021 |
FrequentlyAsked Questions
The renewable attribute of these biomass boilers makes it a compelling choice of leverage in developing countries increasing their installations and demand. Government initiatives to increase the attention on renewable sources which produce lesser carbon emissions also make it a popular choice improving its market growth
According to the report by Zion Market Research, the global biomass boiler market was worth around $ 4 billion in 2021 and is predicted to grow to around $ 11 billion at a CAGR rate of 6% over the forecast period
Europe dominates as the largest revenue-sharer of the global biomass boiler market. This is because of the increasing inclination of the region towards non-conventional energy. There is also a growing trend of swift industrialization which skews the demand toward industrial boilers.
The key players in the global biomass boiler market are Advanced Recycling Equipment, Inc., Alstom SA, Baxi Group, Ecovision Systems Ltd., Energy Innovations (UK) Ltd, ETA Heiztechnik GmbH, Foster Wheeler AG, Garioni Naval SpA, Hurst Boiler & Welding Co, Inc., JernforsenEnergi System AB, JustsenEnergiteknik A/S, Kohlbach Group, LAMBION Energy Solutions GmbH, Leroux&Lotz Technologies, Lin-KaMaskinfabrik A/S, Mawera, Nexterra, Polytechnik GmbH, RENTECH Boiler Systems, Inc., Schmid Energy, The Babcock & Wilcox Company, Thermax Ltd, VAS Energy Systems International GmbH, Wellons, Inc., Wood Energy, and Zhengzhou Boiler Co., Ltd.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed