PUBLISHER: KBV Research | PRODUCT CODE: 1461917
PUBLISHER: KBV Research | PRODUCT CODE: 1461917
Asia Pacific Wood Pellets Biomass Boilers Market Size, Share & Trends Analysis Report By Application (Residential, and Commercial), By Type, By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Wood Pellets Biomass Boilers Market would witness market growth of 14.5% CAGR during the forecast period (2023-2030).
The China market dominated the Asia Pacific Wood Pellets Biomass Boilers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $914.6 Million by 2030. The Japan market is registering a CAGR of 13.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 15.2% during (2023 - 2030).
There is a growing emphasis on biomass supply chain optimization and feedstock diversification to ensure the sustainable sourcing of wood pellets. Initiatives such as forest management practices, agroforestry schemes, and biomass certification programs aim to promote responsible biomass production, enhance resource efficiency, and mitigate environmental impacts associated with biomass harvesting and processing.
Additionally, biomass boiler design and engineering innovations drive system scalability, modularity, and integration with renewable energy technologies. Combined with advancements in digitalization, data analytics, and remote monitoring capabilities, these innovations enable enhanced performance optimization, predictive maintenance, and real-time energy management, further enhancing the value proposition of these boilers in today's energy landscape.
China has emerged as a global leader in renewable energy deployment, with substantial investments in solar, wind, hydroelectric, and biomass energy projects. As China intensifies its efforts to transition towards low-carbon and sustainable heating solutions, biomass boilers fueled by wood pellets offer a viable alternative to coal-fired heating systems, particularly in residential, commercial, and industrial sectors. As per the data from the State Council of China, the nation possessed a cumulative installed renewable energy capacity of 1.06 billion kilowatts by the conclusion of 2021, constituting 44.8 percent of the overall installed power generation capacity. China produced 2.48 trillion kWh of electricity from renewable sources in 2021, representing 29.8 percent of the nation's overall electricity usage. Thus, the growing renewable energy sector in Asia Pacific will assist in the growth of the regional market.
Based on Application, the market is segmented into Residential, and Commercial. Based on Type, the market is segmented into Fully Automated Biomass Boiler, Semi-automated Industrial Biomass Boilers, Combined Heat and Power (CHP) Biomass Systems, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Andritz AG
- Woodco Renewable Energy Limited
- Carrier Global Corporation
- Babcock & Wilcox Enterprises, Inc.
- John Cockerill S.A.
- Hurst Boiler & Welding Co, Inc.
- thyssenkrupp AG
- Thermax Limited
- ETA Heiztechnik GmbH
Asia Pacific Wood Pellets Biomass Boilers Market Report Segmentation
By Application
- Residential
- Commercial
By Type
- Fully Automated Biomass Boiler
- Semi-automated Industrial Biomass Boilers
- Combined Heat and Power (CHP) Biomass Systems
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Asia Pacific Wood Pellets Biomass Boilers Market, by Application
- 1.4.2Asia Pacific Wood Pellets Biomass Boilers Market, by Type
- 1.4.3Asia Pacific Wood Pellets Biomass Boilers Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Asia Pacific Wood Pellets Biomass Boilers Market by Application
- 4.1Asia Pacific Residential Market by Country
- 4.2Asia Pacific Commercial Market by Country
Chapter 5.Asia Pacific Wood Pellets Biomass Boilers Market by Type
- 5.1Asia Pacific Fully Automated Biomass Boiler Market by Country
- 5.2Asia Pacific Semi-automated Industrial Biomass Boilers Market by Country
- 5.3Asia Pacific Combined Heat and Power (CHP) Biomass Systems Market by Country
- 5.4Asia Pacific Others Market by Country
Chapter 6.Asia Pacific Wood Pellets Biomass Boilers Market by Country
- 6.1China Wood Pellets Biomass Boilers Market
- 6.1.1China Wood Pellets Biomass Boilers Market by Application
- 6.1.2China Wood Pellets Biomass Boilers Market by Type
- 6.2Japan Wood Pellets Biomass Boilers Market
- 6.2.1Japan Wood Pellets Biomass Boilers Market by Application
- 6.2.2Japan Wood Pellets Biomass Boilers Market by Type
- 6.3India Wood Pellets Biomass Boilers Market
- 6.3.1India Wood Pellets Biomass Boilers Market by Application
- 6.3.2India Wood Pellets Biomass Boilers Market by Type
- 6.4South Korea Wood Pellets Biomass Boilers Market
- 6.4.1South Korea Wood Pellets Biomass Boilers Market by Application
- 6.4.2South Korea Wood Pellets Biomass Boilers Market by Type
- 6.5Singapore Wood Pellets Biomass Boilers Market
- 6.5.1Singapore Wood Pellets Biomass Boilers Market by Application
- 6.5.2Singapore Wood Pellets Biomass Boilers Market by Type
- 6.6Malaysia Wood Pellets Biomass Boilers Market
- 6.6.1Malaysia Wood Pellets Biomass Boilers Market by Application
- 6.6.2Malaysia Wood Pellets Biomass Boilers Market by Type
- 6.7Rest of Asia Pacific Wood Pellets Biomass Boilers Market
- 6.7.1Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Application
- 6.7.2Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Type
Chapter 7.Company Profiles
- 7.1Woodco Renewable Energy Limited
- 7.1.1Company Overview
- 7.2Hurst Boiler & Welding Co, Inc.
- 7.2.1Company Overview
- 7.3ETA Heiztechnik GmbH
- 7.3.1Company Overview
- 7.4Andritz AG
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.5Carrier Global Corporation
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5SWOT Analysis
- 7.6Babcock & Wilcox Enterprises, Inc.
- 7.6.1Company Overview
- 7.6.2Financial Analysis
- 7.6.3Segmental and Regional Analysis
- 7.6.4Research & Development Expenses
- 7.7John Cockerill S.A.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
- 7.8thyssenkrupp AG
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4Research & Development Expenses
- 7.8.5SWOT Analysis
- 7.9Thermax Limited
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expenses
- 7.9.5SWOT Analysis
LIST OF TABLES
- TABLE 1Asia Pacific Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 2Asia Pacific Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 3Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 4Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 5Asia Pacific Residential Market by Country, 2019 - 2022, USD Million
- TABLE 6Asia Pacific Residential Market by Country, 2023 - 2030, USD Million
- TABLE 7Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
- TABLE 8Asia Pacific Commercial Market by Country, 2023 - 2030, USD Million
- TABLE 9Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 10Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 11Asia Pacific Fully Automated Biomass Boiler Market by Country, 2019 - 2022, USD Million
- TABLE 12Asia Pacific Fully Automated Biomass Boiler Market by Country, 2023 - 2030, USD Million
- TABLE 13Asia Pacific Semi-automated Industrial Biomass Boilers Market by Country, 2019 - 2022, USD Million
- TABLE 14Asia Pacific Semi-automated Industrial Biomass Boilers Market by Country, 2023 - 2030, USD Million
- TABLE 15Asia Pacific Combined Heat and Power (CHP) Biomass Systems Market by Country, 2019 - 2022, USD Million
- TABLE 16Asia Pacific Combined Heat and Power (CHP) Biomass Systems Market by Country, 2023 - 2030, USD Million
- TABLE 17Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 18Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 19Asia Pacific Wood Pellets Biomass Boilers Market by Country, 2019 - 2022, USD Million
- TABLE 20Asia Pacific Wood Pellets Biomass Boilers Market by Country, 2023 - 2030, USD Million
- TABLE 21China Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 22China Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 23China Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 24China Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 25China Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 26China Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 27Japan Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 28Japan Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 29Japan Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 30Japan Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 31Japan Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 32Japan Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 33India Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 34India Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 35India Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 36India Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 37India Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 38India Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 39South Korea Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 40South Korea Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 41South Korea Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 42South Korea Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 43South Korea Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 44South Korea Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 45Singapore Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 46Singapore Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 47Singapore Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 48Singapore Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 49Singapore Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 50Singapore Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 51Malaysia Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 52Malaysia Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 53Malaysia Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 54Malaysia Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 55Malaysia Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 56Malaysia Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 57Rest of Asia Pacific Wood Pellets Biomass Boilers Market, 2019 - 2022, USD Million
- TABLE 58Rest of Asia Pacific Wood Pellets Biomass Boilers Market, 2023 - 2030, USD Million
- TABLE 59Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2019 - 2022, USD Million
- TABLE 60Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Application, 2023 - 2030, USD Million
- TABLE 61Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2019 - 2022, USD Million
- TABLE 62Rest of Asia Pacific Wood Pellets Biomass Boilers Market by Type, 2023 - 2030, USD Million
- TABLE 63Key Information - Woodco Renewable Energy Limited
- TABLE 64Key Information - Hurst Boiler & Welding Co, Inc.
- TABLE 65Key Information - ETA Heiztechnik GmbH
- TABLE 66Key Information - Andritz AG
- TABLE 67Key Information - Carrier Global Corporation
- TABLE 68Key Information - Babcock & Wilcox Enterprises, Inc.
- TABLE 69Key Information - John Cockerill S.A.
- TABLE 70Key Information - thyssenkrupp AG
- TABLE 71Key Information - Thermax Limited
