What is the study period of market?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Which region is expected to show the highest market share in the market?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

What are the major market players covered in the report?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

What is the current size of the market?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

What is the Year-Over-Year Growth Rate of Market ?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Global Biomass Boiler Market 2016-2020

Q: What is the study period of market?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Q: Which region is expected to show the highest market share in the market?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Q: What are the major market players covered in the report?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Q: What is the current size of the market?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Q: What is the Year-Over-Year Growth Rate of Market ?

. <a href='https://www.technavio.com/report/global-power-biomass-boiler-market'>Read More</a>

Published: Feb 2016
Pages: 72
SKU: IRTNTR8265

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version!

Market outlook of the global biomass boiler market

Technavio’s biomass boiler market analysis predicts the global biomass boiler market to grow steadily at a CAGR of more than 6% by 2020. Recently, it has been observed that multiple governments across the globe are enforcing strict building emission regulations. The introduction of such stringent policies will foster the adoption of biomass as it helps to control the amount of CO2, which is released into the atmosphere. The growing need for sustainable technologies, which is backed by the government in the form of policies and regulations, will foster the adoption of biomass boilers during the forecast period.

The augmented demand for efficient heating systems is the key driver for the growth of this market. Due to better standards of living and colder climatic conditions, heating systems have become a necessity in both developed and developing countries. Consequently, the governments of these countries are supporting the installation of renewable resource-based energy generation facilities through incentives, grants, and regulations.