The Europe Wood Pellets Biomass Boilers Market would witness market growth of 13.3% CAGR during the forecast period (2023-2030).
The Germany market dominated the Europe 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 $911.8 Million by 2030. The UK market is exhibiting a CAGR of 12.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 14.2% during (2023 - 2030).
These boilers find diverse applications across various sectors, reflecting their versatility, efficiency, and adaptability to various heating needs. In the residential sector, biomass boilers are utilized for space heating, water heating, and even combined heat and power (CHP) generation, providing reliable and cost-effective heating solutions for households of all sizes. Biomass boilers contribute to energy savings, carbon emissions reduction, and sustainable facility management practices in commercial settings in schools, hospitals, and office buildings.
Moreover, in the industrial sector, these boilers play a crucial role in process heating, steam generation, and district heating systems, supporting manufacturing operations, agricultural processing, and district-wide energy infrastructure. The flexibility of biomass heating systems allows for seamless integration with existing heating infrastructure, enabling industries to transition towards cleaner energy sources without compromising productivity or operational efficiency.
The growing availability of biomass feedstocks in the EU and supportive policies have increased demand for biomass heating solutions, including these boilers. As per the data from Eurostat, the primary supply of solid biomass in the EU has increased from 3,336,811 TJ in 2008 to 4,454,768 TJ in 2021, an increase of 33.5%. The largest growth of indigenous solid biomass production in this period has been for wood pellets use (413%) and animal waste (351.9%). Moreover, as the UK phases out coal-fired power plants and transitions to renewable energy sources, biomass power generation may face increasing competition for biomass feedstocks, potentially driving up wood pellet prices and incentivizing the use of these boilers in sectors where direct electrification is challenging. As per the data provided by the Government of the United Kingdom, renewable electricity represented 43.1% of total generation (134.6 TWh) in 2020, up from 36.9% in 2019. Hence, the rising biomass production and renewable electricity generation in Europe is expected to drive the growth of the regional market.
Free Valuable Insights: The Global Wood Pellets Biomass Boilers Market will Hit USD 11.4 Billion by 2030, at a CAGR of 13.9%
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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