“According to Renewable Energy Association, its provide some regulations and campaigns that denoted green campaigning and would not allow the use of destructive forms of biomass, which have been linked to deforestation in other countries. It also put strict limits on how biomass plants will be supported under its new regime for the electricity market.”

The article cited AMA's "Global Biomass Power Generation Market Study" explored substantial growth in North America and CAGR of 6.3%. According to the report, Rising Demand for Organic related sources of power generation is one of the primary growth factors for the market. Increase used as a Source of Energy Input for Electricity Generation is also expected to contribute significantly to the Biomass Power Generation market. Overall, Industrial applications of Biomass Power Generation, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Combustion, is boosting the Biomass Power Generation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Biomass Power Generation market identified that the demand is rising in many different parts of the world as "Initiatives for Effective Utilization of Fossil Fuels Leads to Grow the Biomass Power Generation Market. ". Furthermore, some recent industry insights like "In April 2023, Babcock launched its new Biomass CHP (Combined Heat and Power) system, designed for efficient heat and power generation from various biomass fuels." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Biomass Power Generation market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Biomass Power Generation market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Biomass Power Generation market size is calculated using market estimation process, the Biomass Power Generation market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Biomass Power Generation market size has been validated using both top-down and bottom-up approaches.