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The Global Material Handling Equipment Market in Biomass Power Plants (2019-2023) - ResearchAndMarkets.com

May 21, 2019

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.

Competitive Landscape

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.

Key Players

Topics Covered

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

KEYWORD:

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

http://www.businesswire.com/news/home/20190521005818/en

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