(2022-2031) Biomass Electricity Market Future Developments, Top Companies, Industry Size And Outlook

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According to The Business Research Company's biomass electricity market report, the biomass electricity market reached a value of nearly $33,107.6 million in 2020, having increased at a compound annual growth rate (CAGR) of 1.9% since 2015. The market is expected to grow from $33,107.6 million in 2020 to $50,256.0 million in 2025 at a rate of 8.7%. The market is then expected to grow at a CAGR of 7.0% from 2025 and reach $73,331.9 million in 2030.

The rapid growth in investments in renewable power generation capacities is expected to drive the utilities market during the forecast period. A large number of power generation companies are investing in renewable energy sources, especially in the USA and European countries.

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The biomass electricity market is segmented -
• By Feedstock - Solid Biomass, Biogas, Municipal Solid Waste, Liquid Biomass
• By End-User - Household, Industrial, Government, Others
• By Technology - Anaerobic Digestion, Combustion, Co-Firing, Gasification, Landfill Gas
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the biomass electricity market.

Major competitors in the biomass electricity market include Drax Group, EPH, Engie, EDF, Iberdrola

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The biomass electricity market consists of sales of biomass power by entities (organizations, sole traders and partnerships) that convert biomass into electrical energy. The biomass electric power generation industry includes establishments that operate biomass electric power generation facilities which produce electricity generated from renewable organic waste that comes from plants and animals. These facilities use biomass, such as wood, waste, and alcohol fuels to produce electrical energy. In biomass power plants, wood waste or other is processed to make electricity, or to provide heat to industries and homes. The electrical energy generated is then supplied to electric power transmission systems, which are used to move large quantities of power from generating facilities to substations, and to distribution systems, which are used for short distances to transport electricity to customers locally.

The Table Of Content For The Biomass electricity market Include:
1. Biomass Electricity Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
......
20. Biomass Electricity Global Market Competitive Landscape
21. Key Mergers And Acquisitions In The Biomass Electricity Market
22. Global Biomass Electricity Market Opportunities And Strategies
23. Biomass Electricity Market, Conclusions And Recommendations
24. Appendix

The Business Research Company's "Global Biomass Electricity Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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