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Global Heat Production Equipment Market in Biomass Power Plant 2019-2023

  • Published: May 2019
  • Pages: 125
  • SKU: IRTNTR31269
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The global heat production equipment market size in Biomass power plant will grow by USD 1.87 billion during 2019-2023. This report provides a detailed analysis of the market by technology (boiler and gasifier) and geography (APAC, Europe, MEA, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several heat production equipment manufacturers including ANDRITZ AG, Babcock & Wilcox Enterprises Inc., GENERAL ELECTRIC, Siemens AG, and Valmet.

Some of the key findings from our heat production equipment market forecast report are summarized below

Global Heat Production Equipment Market in Biomass Power Plant

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Global heat production equipment in biomass power plant industry overview

The depleting non-renewable energy sources such as fossil fuels is driving governments to encourage energy generation by renewable sources. Regulations laid down by several governments to reduce carbon emission regulations have resulted in a significant rise in the adoption of clean energy technologies such as biomass. Additionally, many governments are implementing favorable policies and are providing a range of incentives and subsidies to encourage the adoption of biomass power plants. Such support from governments across the world will increase the adoption of biomass power plants. This will subsequently drive the need for heat production equipment, driving market growth during the forecast period.

Furthermore, the enhanced use of automation technologies in power plants will also drive heat production equipment market growth in biomass power plants. Several power plants have started adopting automation to optimize their performance, time, and productivity. The adoption of automated systems in biomass power plants reduces the consumption of fossil fuels and facilitates efficient power generation. As a result of these factors, there will be an increase in the adoption of automation in biomass power plants. This coupled with government support towards the development of biomass power plants will drive global heat production equipment market growth at a CAGR of more than 5% during the forecast period.

Top heat production equipment companies covered in this market research report

The global heat production equipment market in biomass power plants is fairly fragmented. To help clients improve their revenue, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Key insights provided by this heat production equipment market analysis report suggests will help companies make informed business decisions.

The report offers a detailed analysis of several leading companies, including:

  • ANDRITZ AG
  • Babcock & Wilcox Enterprises Inc.
  • GENERAL ELECTRIC
  • Siemens AG
  • Valmet

Heat production equipment market segmentation based on technology

  • Boiler
  • Gasifier

Boilers are widely used for the direct combustion of biomass fuel. The growth in global power generation and the construction of biomass power plants globally have increased the need for boilers across the globe. The boiler segment will account for the largest global heat production equipment market share in biomass power plants throughout the forecast period.

Heat production equipment market segmentation based on geography

  • APAC
  • Europe
  • MEA
  • North America
  • South America

The introduction of stringent emission norms in Europe has increased the adoption of biomass power plants. The construction of new power plants in Europe has enhanced business prospects for regional vendors, and this has resulted in long-term alliances for operating emerging power plants in the region. Such factor will drive the contribution of Europe towards the growth of the heat production equipment market size in biomass power plants during the forecast period.

Key highlights of the global heat production equipment market in biomass power plant for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the heat production equipment market in biomass power plant during the next five years
  • Precise estimation of the global heat production equipment market in biomass power plant: size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the heat production equipment industry in biomass power plants across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of heat production equipment companies

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PART 01: EXECUTIVE SUMMARY              

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • Boiler - Market size and forecast 2018-2023
  • Gasifier - Market size and forecast 2018-2023
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Enhanced use of automation technologies in power plants
  • Transition of coal-based power generation units into CHP units
  • Growing adoption of biomass in fuel cell technology

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ANDRITZ AG
  • Babcock & Wilcox Enterprises Inc.
  • GENERAL ELECTRIC
  • Siemens AG
  • Valmet 

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of vendors classification

PART 15: EXPLORE TECHNAVIO

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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