KEY FINDINGS
The North America biomass power market is anticipated to rise with a CAGR of 6.35% in terms of volume and 5.83% in terms of revenue over the forecast period of 2022 to 2030. The market growth of the region is propelled by key factors such as favorable policies and regulations, the rising focus on renewable energy due to an increase in environmental concerns, and the growing availability of biomass feedstock.
MARKET INSIGHTS
The North America biomass power market growth analysis entails the assessment of Canada and the United States. As per the United States electricity provider Atlantic Power (Canada), the power purchase agreement for the Calstock biomass facility in Ontario is set to be extended for an additional year beginning in December 2020. Owing to an order from the Provincial Government of Ontario as well as the requirements of stakeholders such as Atlantic Electricity in order to assess the potential role of biomass power, this power purchase agreement's initial expiration date was extended to December 2020 from June 2020.
On the other hand, the inclusion of new biomass power plants in Canada is expected to propel the growth of the biomass power market in the country. For example, in February 2020, Mitsubishi Heavy Industries announced the provision of a biomass power generation system to the indigenous First Nations of Canada. With a capacity of 8,000 kW, the system would utilize sawmill residual woody biomass as a fuel. Therefore, the abovementioned factors are anticipated to augment the North America biomass power market growth during the forecasted years.
COMPETITIVE INSIGHTS
Leading companies operating in the market are Xcel Energy Inc, General Electric Company, Ameresco Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Biomass Power Market Forecast 2022-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Affordable Prices Of Energy Produced By Biomass-Fired Power Plants
3.1.2. Favorable Government Policies And Regulations
3.2. Key Restraints
3.2.1. Availability Of Seasonal Biomass Material
3.2.2. Renewable Power Resources As A Substitute
4. Key Analytics
4.1. Impact Of Covid-19 On Biomass Power Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.7. Key Buying Criteria
4.7.1. Favorable Regulations
4.7.2. Application
4.8. Regulatory Framework
5. Market By Feedstock (In Terms Of Revenue: $ Billion & In Terms Of Volume: Million Mwh)
5.1. Solid Biomass
5.2. Liquid Biomass
5.3. Biogas
5.4. Municipal Solid Waste
6. Market By Technology
6.1. Anaerobic Digestion
6.2. Combustion
6.3. Gasification
6.4. Co-Firing & Chp
6.5. Lfg
7. Market By End-User
7.1. Residential
7.2. Commercial
7.3. Industrial
8. Geographical Analysis (In Terms Of Revenue: $ Billion & In Terms Of Volume: Million Mwh)
8.1. North America
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis
8.1.5.1. United States
8.1.5.2. Canada
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships & Agreements
9.1.4. Business Expansions & Divestitures
9.2. Company Profiles
9.2.1. Ameresco Inc
9.2.2. Babcock & Wilcox Enterprises Inc
9.2.3. E.On Energy
9.2.4. General Electric Company
9.2.5. Mitsubishi Heavy Industries Ltd
9.2.6. Orsted
9.2.7. Ramboll Group
9.2.8. Suez Environment Company
9.2.9. Thermax Ltd
9.2.10. Valmet Oyj
9.2.11. Vattenfall Ab
9.2.12. Veolia Environment Sa
9.2.13. Xcel Energy Inc
List Of Tables
Table 1: Market Snapshot - Biomass Power
Table 2: Regulatory Framework
Table 3: North America Biomass Power Market, By Feedstock, Historical Years, 2018-2021 (In $ Billion)
Table 4: North America Biomass Power Market, By Feedstock, Forecast Years, 2022-2030 (In $ Billion)
Table 5: North America Biomass Power Market, By Feedstock, Historical Years, 2018-2021 (In Million Mwh)
Table 6: North America Biomass Power Market, By Feedstock, Forecast Years, 2022-2030 (In Million Mwh)
Table 7: North America Biomass Power Market, By Technology, Historical Years, 2018-2021 (In $ Billion)
Table 8: North America Biomass Power Market, By Technology, Forecast Years, 2022-2030 (In $ Billion)
Table 9: North America Lfg Market, By Region, Historical Years, 2018-2021 (In $ Billion)
Table 10: North America Lfg Market, By Region, Forecast Years, 2022-2030 (In $ Billion)
Table 11: North America Biomass Power Market, By End-User, Historical Years, 2018-2021 (In $ Billion)
Table 12: North America Biomass Power Market, By End-User, Forecast Years, 2022-2030 (In $ Billion)
Table 13: North America Biomass Power Market, By Country, Historical Years, 2018-2021 (In $ Billion)
Table 14: North America Biomass Power Market, By Country, Forecast Years, 2022-2030 (In $ Billion)
Table 15: North America Biomass Power Market, By Country, Historical Years, 2018-2021 (In Million Mwh)
Table 16: North America Biomass Power Market, By Country, Forecast Years, 2022-2030 (In Million Mwh)
Table 17: Leading Players Operating In North America Biomass Power Market
Table 18: List Of Mergers & Acquisitions
Table 19: List Of Product Launches & Developments
Table 20: List Of Partnerships & Agreements
Table 21: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Power Generation Flow Of Biomass Power Plant
Figure 2: Key Market Trends
Figure 3: Porter's Five Forces Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Value Chain Analysis
Figure 7: Key Buying Criteria
Figure 8: North America Biomass Power Market, Growth Potential, By Feedstock, In 2021
Figure 9: North America Biomass Power Market, By Solid Biomass, 2022-2030 (In $ Billion)
Figure 10: North America Biomass Power Market, By Liquid Biomass, 2022-2030 (In $ Billion)
Figure 11: North America Biomass Power Market, By Biogas, 2022-2030 (In $ Billion)
Figure 12: North America Biomass Power Market, By Municipal Solid Waste, 2022-2030 (In $ Billion)
Figure 13: North America Biomass Power Market, Growth Potential, By Technology, In 2021
Figure 14: North America Biomass Power Market, By Anaerobic Digestion, 2022-2030 (In $ Billion)
Figure 15: North America Biomass Power Market, By Combustion, 2022-2030 (In $ Billion)
Figure 16: North America Biomass Power Market, By Gasification, 2022-2030 (In $ Billion)
Figure 17: Working Of Gasification Of Biomass
Figure 18: North America Biomass Power Market, By Co-Firing & Chp, 2022-2030 (In $ Billion)
Figure 19: North America Biomass Power Market, By Lfg, 2022-2030 (In $ Billion)
Figure 20: North America Biomass Power Market, Growth Potential, By End-User, In 2021
Figure 21: North America Biomass Power Market, By Residential, 2022-2030 (In $ Billion)
Figure 22: North America Biomass Power Market, By Commercial, 2022-2030 (In $ Billion)
Figure 23: North America Biomass Power Market, By Industrial, 2022-2030 (In $ Billion)
Figure 24: North America Biomass Power Market, Country Outlook, 2021 & 2030 (In %)
Figure 25: United States Biomass Power Market, 2022-2030 (In $ Billion)
Figure 26: Canada Biomass Power Market, 2022-2030 (In $ Billion)
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