Home > Energy & Power > Electrical Equipment > Boilers > Europe Biomass Boiler Market
The Europe biomass boiler market was valued at USD 8.4 billion in 2024 and is estimated to grow at a CAGR of 8% from 2025 to 2034. The increasing global focus on renewable energy and sustainability is fueling industry growth. Governments and regulatory bodies are implementing supportive policies and incentives to promote the use of renewable energy sources, fostering a highly favorable business environment.
A biomass boiler is an eco-friendly heating system that harnesses energy from natural materials to produce heat. It functions by combusting these renewable fuels, generating heat energy that is used to heat water or produce steam. The resulting hot water or steam is then distributed for heating purposes or electricity generation. Supportive measures including feed-in tariffs, renewable energy targets, tax breaks, and grants are driving the adoption of biomass boilers, serving as key enablers for their installation.
Report Attribute | Details |
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Base Year: | 2024 |
Europe Biomass Boiler Market Size in 2024: | USD 8.4 Billion |
Forecast Period: | 2025 to 2034 |
Forecast Period 2025 to 2034 CAGR: | 8% |
2034 Value Projection: | USD 18.8 Billion |
Historical Data for: | 2021 to 2024 |
No. of Pages: | 95 |
Tables, Charts & Figures: | 8 |
Segments covered: | Feedstock, Product, Application and Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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