Biomass Boiler Market Opportunity Analysis, Developments & Forecast 2020-2027 | Top Players Alstom, Amec Foster Wheeler, Baxi, Eco vision, Hurst, Innasol Limited, WDS Green Energy

Allied Market Research published a new report, titled, "Biomass Boiler Market". The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Biomass refers to the type of fuel sourced from living/non-living plant matter, which could be in the form of either wooden logs, wood pellets, or chips. Biomass boilers are fully automatic appliances, that show similar properties of oil or gas boiler and use advanced controls, which cleverly regulate the amount of fuel delivered to the burner to match the heat demand on the boiler. The fuel is then fed to the burner through an auger connected to the adjacent pellet hopper. This can, in turn, be automatically supplied from a bulk pellet store, which can vary in size.

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Biomass boilers provide an array of economic and environmental benefits owing to renewable and low carbon nature of biomass. The renewable nature of biomass has compelled the increased installation of biomass boilers across the developed as well as the developing countries. Moreover, several government policies that aim to increase in the demand for renewables as a major step toward regulating the carbon emission levels is another factor that leads to market growth. In addition, regulatory frameworks and government grants provide investment subsidies and tax benefits to industries using renewables. This promotes biomass heating companies to switch to biomass on an increased level thereby leading to market growth. However, decrease in overall efficiency of biomass with time with the rise of pollutants emission and ash deposition, are some of the issues expected to hinder the market growth.

The global biomass boiler market is segmented based on feedstock type, product type, end-user, and geography. On the basis of feedstock type, it is divided into woody biomass, agriculture & forest residues, biogas & energy crops, and urban residues. Based on product type, it is classified into stoker boilers, bubbling fluidized bed (BFB) boilers, and circulating fluidized bed (CFB) boilers. By end user, it is categorized into residential, commercial, and industrial end users. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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This report projects the trends and opportunities of the global biomass boiler market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.

Key market players in this sector include Alstom, Amec Foster Wheeler, Baxi, Eco vision, Hurst, Innasol Limited, WDS Green Energy Limited, AbioNova, Babcock & Wilcox, Dongfang Electric, Mitsubishi Hitachi Power Sytems, IHI, Harbin Electric, Doosan Heavy Industries, Bharat Heavy Electricals, Ansaldo, Siemens, and Thermax.

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Key offerings of the report:

o Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
o Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
o Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
o Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
o Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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