Global Wood Pellets Biomass Boilers Market Size study, by Type (Fully Automated Biomass Boiler, Combined Heat and Power Biomass Systems, Semi-automated Industrial Biomass Boilers, Others) by Application and Regional Forecasts 2022-2032

Description

List of Tables

Global Wood Pellets Biomass Boilers Market is valued at approximately USD 4.9 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 14.30% over the forecast period 2024-2032. Wood pellets biomass boilers are heating systems that utilize wood pellets as a renewable energy source to heat residential, commercial, and industrial spaces. These boilers are specifically engineered to burn wood pellets efficiently, offering a sustainable alternative to fossil fuels like oil and natural gas. Manufactured from compressed sawdust, wood shavings, or other biomass materials, wood pellets serve as a carbon-neutral fuel source. Ongoing advancements in biomass boiler technology are improving efficiency, reliability, and ease of use. Innovations such as automatic ignition, advanced combustion controls, and integrated heating systems enhance the performance of wood pellets biomass boilers, making them more attractive to consumers which is gaining attraction in Global Wood Pellets Biomass Boilers Market.

The increasing focus on renewable energy solutions, alongside growing environmental consciousness, is fueling the demand for wood pellets biomass boilers as an eco-friendly heating alternative. Biomass fuels, notably wood pellets, offer a cost-effective alternative to traditional fossil fuels, further driving their appeal. Moreover, with the global push towards carbon neutrality and sustainability, biomass boilers have a significant opportunity to establish themselves as a responsible heating solution, aligning with the evolving environmental priorities worldwide. Furthermore, Wood Pellets Biomass Boilers Market is driven by increased adoption because of supportive policies and regulations regarding renewable energy and Growing Demand for District Heating. However, high initial investment costs and competition from other renewable energy sources would stifle market growth between 2022 and 2032.

The key regions considered for the global Wood Pellets Biomass Boilers market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Europe was the largest regional market revenue. European nations are intensifying their focus on diverse renewable energy initiatives to mitigate carbon emissions and advance sustainability objectives. Wood pellets biomass boilers emerge as pivotal tools in this endeavor, presenting a sustainable and renewable heating alternative. The surge in demand is propelled by a collective commitment to move away from fossil fuels. Moreover,, the remarkable consumption of wood pellets, reaching 23.1 million metric tonnes in 2021, underscores the indispensable role of biomass boilers in fulfilling heating requirements, with Germany witnessing heightened residential usage. This trend reflects a growing environmental consciousness and the reinforcement of supportive policies, which stimulate residential uptake. The market in Asia Pacific, on the other hand, is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

Andritz AG
Viessmann Group
Hurst Boiler & Welding Co, Inc.
Drax Group
John Cockerill
Woodco Energy Ltd
Schmid AG energy solutions
Thermax Limited
Babcock & Wilcox Enterprises, Inc
Forbes Marshall

The detailed segments and sub-segment of the market are explained below:

By Type

Fully Automated Biomass Boiler
Combined Heat and Power (CHP) Biomass Systems
Semi-automated Industrial Biomass Boilers
Others

By Application

Residential
Commercial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Wood Pellets Biomass Boilers Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Wood Pellets Biomass Boilers Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Wood Pellets Biomass Boilers Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Wood Pellets Biomass Boilers Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Wood Pellets Biomass Boilers Market Size & Forecasts by Type 2022-2032

5.1. Fully Automated Biomass Boiler
5.2. Combined Heat and Power (CHP) Biomass Systems
5.3. Semi-automated Industrial Biomass Boilers
5.4. Others

Chapter 6. Global Wood Pellets Biomass Boilers Market Size & Forecasts by Application 2022-2032

6.1. Residential
6.2. Commercial

Chapter 7. Global Wood Pellets Biomass Boilers Market Size & Forecasts by Region 2022-2032

7.1. North America Wood Pellets Biomass Boilers Market
- 7.1.1. U.S. Wood Pellets Biomass Boilers Market
  - 7.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Wood Pellets Biomass Boilers Market
7.2. Europe Wood Pellets Biomass Boilers Market
- 7.2.1. U.K. Wood Pellets Biomass Boilers Market
- 7.2.2. Germany Wood Pellets Biomass Boilers Market
- 7.2.3. France Wood Pellets Biomass Boilers Market
- 7.2.4. Spain Wood Pellets Biomass Boilers Market
- 7.2.5. Italy Wood Pellets Biomass Boilers Market
- 7.2.6. Rest of Europe Wood Pellets Biomass Boilers Market
7.3. Asia-Pacific Wood Pellets Biomass Boilers Market
- 7.3.1. China Wood Pellets Biomass Boilers Market
- 7.3.2. India Wood Pellets Biomass Boilers Market
- 7.3.3. Japan Wood Pellets Biomass Boilers Market
- 7.3.4. Australia Wood Pellets Biomass Boilers Market
- 7.3.5. South Korea Wood Pellets Biomass Boilers Market
- 7.3.6. Rest of Asia Pacific Wood Pellets Biomass Boilers Market
7.4. Latin America Wood Pellets Biomass Boilers Market
- 7.4.1. Brazil Wood Pellets Biomass Boilers Market
- 7.4.2. Mexico Wood Pellets Biomass Boilers Market
- 7.4.3. Rest of Latin America Wood Pellets Biomass Boilers Market
7.5. Middle East & Africa Wood Pellets Biomass Boilers Market
- 7.5.1. Saudi Arabia Wood Pellets Biomass Boilers Market
- 7.5.2. South Africa Wood Pellets Biomass Boilers Market
- 7.5.3. Rest of Middle East & Africa Wood Pellets Biomass Boilers Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Andritz AG
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Viessmann Group
- 8.3.3. Hurst Boiler & Welding Co, Inc.
- 8.3.4. Drax Group
- 8.3.5. John Cockerill
- 8.3.6. Woodco Energy Ltd
- 8.3.7. Schmid AG energy solutions
- 8.3.8. Thermax Limited
- 8.3.9. Babcock & Wilcox Enterprises, Inc
- 8.3.10. Forbes Marshall

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Wood Pellets Biomass Boilers market, report scope
TABLE 2. Global Wood Pellets Biomass Boilers market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Wood Pellets Biomass Boilers market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Global Wood Pellets Biomass Boilers market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global Wood Pellets Biomass Boilers market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Wood Pellets Biomass Boilers market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Wood Pellets Biomass Boilers market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Wood Pellets Biomass Boilers market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Wood Pellets Biomass Boilers market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Wood Pellets Biomass Boilers market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Wood Pellets Biomass Boilers market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Wood Pellets Biomass Boilers market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Wood Pellets Biomass Boilers market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Wood Pellets Biomass Boilers market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. UK Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. UK Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. UK Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Germany Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Germany Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Germany Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. France Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. France Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. France Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Italy Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. Italy Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Italy Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Spain Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Spain Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Spain Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. RoE Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. RoE Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. RoE Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. China Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. China Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. China Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. India Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. India Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. India Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. Japan Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. Japan Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Japan Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Australia Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Australia Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Australia Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. South Korea Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. South Korea Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. South Korea Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.
TABLE 55. RoAPAC Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 56. RoAPAC Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. RoAPAC Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. Brazil Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. Brazil Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Brazil Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Mexico Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Mexico Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Mexico Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. RoLA Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. RoLA Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. RoLA Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Wood Pellets Biomass Boilers market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. South Africa Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 71.
TABLE 72. South Africa Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. South Africa Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Wood Pellets Biomass Boilers market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. List of secondary sources, used in the study of Global Wood Pellets Biomass Boilers Market.
TABLE 78. List of primary sources, used in the study of Global Wood Pellets Biomass Boilers Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Wood Pellets Biomass Boilers market, research methodology
FIG 2. Global Wood Pellets Biomass Boilers market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Wood Pellets Biomass Boilers market, key trends 2023
FIG 5. Global Wood Pellets Biomass Boilers market, growth prospects 2022-2032
FIG 6. Global Wood Pellets Biomass Boilers market, porters 5 force model
FIG 7. Global Wood Pellets Biomass Boilers market, pestel analysis
FIG 8. Global Wood Pellets Biomass Boilers market, value chain analysis
FIG 9. Global Wood Pellets Biomass Boilers market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Wood Pellets Biomass Boilers market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Wood Pellets Biomass Boilers market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Wood Pellets Biomass Boilers market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Wood Pellets Biomass Boilers market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Wood Pellets Biomass Boilers market, regional snapshot 2022 & 2032
FIG 15. North America Wood Pellets Biomass Boilers market 2022 & 2032 (USD Billion)
FIG 16. Europe Wood Pellets Biomass Boilers market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Wood Pellets Biomass Boilers market 2022 & 2032 (USD Billion)
FIG 18. Latin America Wood Pellets Biomass Boilers market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Wood Pellets Biomass Boilers market 2022 & 2032 (USD Billion)
FIG 20. Global Wood Pellets Biomass Boilers market, company market share analysis (2023)