Market Overview

Global Biomass Power Generation Market 2018-2022| Advances in Technology to Encourage Growth| Technavio

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The global biomass power generation market is expected to post a CAGR of
over 6% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global biomass power generation market f ...

Technavio has published a new market research report on the global biomass power generation market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of this market is the growing need for
cleaner energy. Fossil fuels have transformed the world by producing end
products like fuels and electricity that play a crucial part in human
endeavors like heating and transportation. In 2016, fossil fuels
accounted for the largest share of 76% of the total electricity
consumption. The high adoption of fossil fuels can be attributed to
their low cost and reliability in producing electricity and
transportation fuels.

This market research report on the global
biomass power generation market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the advances in technology as one
of the key emerging trends in the global biomass power generation market:

Global biomass power generation market:
Advances in technology

The global biomass power generation market is witnessing significant
advances with respect to the purchase involved in biomass energy
production and energy conversion technologies. The soil preparation,
planting, and cultivation methods have been improved. The production
costs of biomass energy have reduced due to the development of improved
harvesting and post-harvesting technologies.

"In biomass energy conversion, the technological advances take place
in three sources, which are improved fuel processing technologies,
enhanced efficiency of biomass energy conversion technologies, and
enhanced efficiency of end-user technologies. Another improvement is
that of co-firing with other fuels such as coal. The biomass and coal
blend co-combustion is an efficient combustion technology. Using coal in
the co-firing process can reduce ash, dust, nitrogen oxide, and sulfur
dioxide emissions,"
says a senior analyst at Technavio for research
on power.

Global biomass power generation market:
Segmentation analysis

This market research report segments the global biomass power generation
market by feedstock (agricultural and wood residue and municipal waste)
and geographical regions (APAC, EMEA, and the Americas).

36% of the incremental growth is expected to originate from the EMEA
region followed by APAC and the Americas with 34% and 30%, respectively.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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