Biomass Boiler Market

By Fuel Type;

Wood Chip Boilers, Pellet Boilers, Log Boilers and Organic Waste Boilers

By Capacity;

Below 10kW, 10kW-20kW, 20kW-50kW and Above 50kW

By End Use;

Commercial, Residential and Industrial

By Application;

Heating and Power Generation

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn322828806 Published Date: September, 2025 Updated Date: October, 2025

Biomass Boiler Market Overview

Biomass Boiler Market (USD Million)

Biomass Boiler Market was valued at USD 5,160.57 million in the year 2024. The size of this market is expected to increase to USD 7,862.66 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Biomass Boiler Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 5,160.57 Million
Market Size (2031)USD 7,862.66 Million
Market ConcentrationMedium
Report Pages305
5,160.57
2024
7,862.66
2031

Major Players

  • nnasol Limited
  • WDS Green Energy Limited
  • AbioNova
  • Babcock & Wilcox
  • Dongfang Electric
  • Mitsubishi Hitachi Power Sytems
  • Harbin Electric
  • Doosan Heavy Industries
  • Bharat Heavy Electricals
  • Ansaldo
  • Siemens
  • Thermax

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Biomass Boiler Market

Fragmented - Highly competitive market without dominant players


The Biomass Boiler Market is experiencing strong momentum as businesses and households move toward renewable heating technologies. With nearly 45% of consumers adopting low-carbon systems, biomass boilers are gaining traction as a sustainable alternative to fossil fuel-based units. Their ability to operate on organic residues and pellets supports both cost efficiency and eco-friendly energy use.

Environmental Benefits Fueling Growth
By delivering up to a 50% cut in carbon emissions, biomass boilers stand out as an essential technology in green energy adoption. Almost 40% of modern eco-building projects are incorporating these systems to meet stringent sustainability requirements. This alignment with environmental goals is a key factor driving their growing integration.

Technological Innovations Strengthening Adoption
Technological innovation has further boosted adoption, with advanced combustion controls, automated fuel feeding, and heat recovery systems improving efficiency by over 35%. Additionally, nearly 30% of users now rely on smart monitoring features to optimize performance, enhance reliability, and reduce operational costs.

Policy Support and Consumer Preference
Supportive energy policies and incentive programs have encouraged nearly 42% of buyers to switch to biomass boilers. At the same time, about 48% of consumers link these systems to enhanced energy security and financial savings. Together, these trends highlight the crucial role of biomass boilers in shaping the future of sustainable heating.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Feedstock Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Fuel Type
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Biomass Boiler Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Better biomass boiler technology
        2. Energy security needs
        3. Carbon emission targets rising
        4. Plenty of biomass available
      2. Restraints
        1. Biomass quality and availability varies
        2. Biomass boiler systems not easily scalable
        3. Transportation and storage issues
      3. Opportunities
        1. Advancements in boiler technology
        2. Integrating with existing systems
        3. Collaborating with industries
        4. Using diverse biomass sources
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Biomass Boiler Market, By Feedstock Type, 2021 - 2031 (USD Million)
      1. Woody Biomass
      2. Agriculture & Forest Residues
      3. Biogas & Energy Crops
      4. Urban Residues
    2. Biomass Boiler Market, By Product Type, 2021 - 2031 (USD Million)
      1. Stoker Boilers
      2. Bubbling Fluidized Bed (BFB) Boilers
      3. Circulating Fluidized Bed (CFB) Boilers
    3. Biomass Boiler Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Wood Chips
      2. Wood Pellets
      3. Agricultural Residues
      4. Forestry Residues
    4. Biomass Boiler Market, By End-Use, 2021 - 2031 (USD Million)

      1. Power Generation

      2. Industrial Process Heat

      3. District Heating

      4. Residential Heating

      5. Institutional Heating

    5. Biomass Boiler Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Innasol Limited
      2. WDS Green Energy Limited
      3. AbioNova
      4. Babcock & Wilcox
      5. Dongfang Electric
      6. Mitsubishi Hitachi Power Sytems
      7. Harbin Electric
      8. Doosan Heavy Industries
      9. Bharat Heavy Electricals
      10. Ansaldo
      11. Siemens
      12. Thermax
  7. Analyst Views
  8. Future Outlook of the Market