The Global Material Handling Equipment Market in Biomass Power Plants (2019-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 21, 2019--
The “Global Material Handling Equipment Market in Biomass Power Plant 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The material handling equipment market will register a CAGR of over 7% by 2023.
The continuous rise in government support for renewable energy including biomass power is one of the key factors expected to trigger the market growth during the forecast period.
Several governments are making biomass as an integral part of their energy policies. The use of biomass in a biomass power plant further prevents uncontrolled emission of methane while helping in the maintenance of carbon balance in the environment. As a result, governments can provide financial assistance for projects utilizing biomass including crop residues and wood waste produced in industrial operations.
As a result, the rising support from the government will eventually boost the material handling equipment market growth in biomass power plants.
The rise in government support for renewable energy, including biomass power
The financial support in terms of tax incentives or capital expenditure and fixed and high feed-in-traffics for biomass drive the growth of the global material handling equipment for biomass power plants.
The declining cost of solar and wind power plants
The declining cost of generating solar and wind power and storing electricity hinders the growth of the material handling equipment market for biomass plant during the forecast period.
The market appears to be moderately fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
PART 08: MARKET SEGMENTATION BY FIXTURE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/sdzqg7
View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005818/en/
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Related Topics:Biofuels,Material Handling Equipment
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 05/21/2019 01:07 PM/DISC: 05/21/2019 01:07 PM