Global Biomass Steam Turbine Market Growth 2025-2031
Description
The global Biomass Steam Turbine market size is predicted to grow from US$ 1644 million in 2025 to US$ 2184 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Biomass Steam Turbine is a type of steam turbine used to generate electricity or mechanical power by utilizing steam produced from the combustion of biomass materials. Biomass refers to organic materials such as agricultural residues, wood chips, sawdust, straw, or other renewable biological sources.
The Biomass Steam Turbine Market is a growing segment of the global renewable energy industry, driven by increasing demand for sustainable energy solutions and government policies encouraging the use of renewable resources. Biomass steam turbines are widely used in biomass power plants and combined heat and power (CHP) systems to generate electricity and thermal energy. These systems leverage renewable organic materials (biomass) to produce steam, which powers the turbines for energy generation.
The market is influenced by the global push toward reducing carbon emissions, the rising cost of fossil fuels, and the need for energy diversification. Biomass is recognized as a reliable renewable resource that can provide base-load power, unlike intermittent renewables such as wind and solar.
Key Drivers:
Sustainability Goals: Governments worldwide are setting ambitious renewable energy targets to combat climate change, driving the demand for biomass-based energy solutions. Energy Independence: Biomass power plants help reduce reliance on fossil fuels by utilizing locally available biomass resources. Waste Management: Biomass energy systems utilize agricultural and industrial organic waste, addressing waste disposal challenges. Carbon Neutrality: Biomass is considered a carbon-neutral energy source, as the CO₂ emitted during combustion is offset by the CO₂ absorbed by plants during their growth.
Key Challenges:
High capital costs for biomass power plant installations. Supply chain inefficiencies for biomass fuel. Competition from other renewable energy sources like solar and wind.
Opportunities:
Technological advancements in steam turbine efficiency and biomass boiler design. Increasing adoption of decentralized energy systems in rural areas. Emerging markets in developing economies for small and medium-sized biomass power plants.
LP Information, Inc. (LPI) ' newest research report, the “Biomass Steam Turbine Industry Forecast” looks at past sales and reviews total world Biomass Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Biomass Steam Turbine sales for 2025 through 2031. With Biomass Steam Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Biomass Steam Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Steam Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biomass Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Steam Turbine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Steam Turbine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Non-Condensing Steam Turbine
Condensing Steam Turbine
Segmentation by Application:
Closed
Open
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
Hangzhou Steam Turbine(HTC)
Harbin Electric Corporation
Mitsubishi Power
MAN Energy Solutions
Fuji Electric
Ebara Elliott
Doosan
Ansaldo
Kawasaki Heavy Industries
Power Machines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biomass Steam Turbine market?
What factors are driving Biomass Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biomass Steam Turbine market opportunities vary by end market size?
How does Biomass Steam Turbine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A Biomass Steam Turbine is a type of steam turbine used to generate electricity or mechanical power by utilizing steam produced from the combustion of biomass materials. Biomass refers to organic materials such as agricultural residues, wood chips, sawdust, straw, or other renewable biological sources.
The Biomass Steam Turbine Market is a growing segment of the global renewable energy industry, driven by increasing demand for sustainable energy solutions and government policies encouraging the use of renewable resources. Biomass steam turbines are widely used in biomass power plants and combined heat and power (CHP) systems to generate electricity and thermal energy. These systems leverage renewable organic materials (biomass) to produce steam, which powers the turbines for energy generation.
The market is influenced by the global push toward reducing carbon emissions, the rising cost of fossil fuels, and the need for energy diversification. Biomass is recognized as a reliable renewable resource that can provide base-load power, unlike intermittent renewables such as wind and solar.
Key Drivers:
Sustainability Goals: Governments worldwide are setting ambitious renewable energy targets to combat climate change, driving the demand for biomass-based energy solutions. Energy Independence: Biomass power plants help reduce reliance on fossil fuels by utilizing locally available biomass resources. Waste Management: Biomass energy systems utilize agricultural and industrial organic waste, addressing waste disposal challenges. Carbon Neutrality: Biomass is considered a carbon-neutral energy source, as the CO₂ emitted during combustion is offset by the CO₂ absorbed by plants during their growth.
Key Challenges:
High capital costs for biomass power plant installations. Supply chain inefficiencies for biomass fuel. Competition from other renewable energy sources like solar and wind.
Opportunities:
Technological advancements in steam turbine efficiency and biomass boiler design. Increasing adoption of decentralized energy systems in rural areas. Emerging markets in developing economies for small and medium-sized biomass power plants.
LP Information, Inc. (LPI) ' newest research report, the “Biomass Steam Turbine Industry Forecast” looks at past sales and reviews total world Biomass Steam Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected Biomass Steam Turbine sales for 2025 through 2031. With Biomass Steam Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biomass Steam Turbine industry.
This Insight Report provides a comprehensive analysis of the global Biomass Steam Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biomass Steam Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biomass Steam Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biomass Steam Turbine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biomass Steam Turbine.
This report presents a comprehensive overview, market shares, and growth opportunities of Biomass Steam Turbine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Non-Condensing Steam Turbine
Condensing Steam Turbine
Segmentation by Application:
Closed
Open
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Electric
Siemens
Dongfang Turbine
Shanghai Electric
Hangzhou Steam Turbine(HTC)
Harbin Electric Corporation
Mitsubishi Power
MAN Energy Solutions
Fuji Electric
Ebara Elliott
Doosan
Ansaldo
Kawasaki Heavy Industries
Power Machines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biomass Steam Turbine market?
What factors are driving Biomass Steam Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biomass Steam Turbine market opportunities vary by end market size?
How does Biomass Steam Turbine break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
115 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Biomass Steam Turbine by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Biomass Steam Turbine by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
