Material Handling Equipment In Biomass Power Plant Market By Product Outlook (Industrial Trucks, Racking & Storage Equipment, Cranes & Lifting Equipment, Continuous Handling Equipment); By Application Outlook (Wood Chip Handling, Municipal Solid Waste (MSW) Handling, Pellet Handling, Agricultural Residue Handling, Others); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The material handling equipment market in biomass power plants in 2023 was worth USD 851.3 million and is expected to be worth USD 1419.51 million by 2030, expanding at a CAGR of 6.6% during the forecast period.

 

The material handling equipment market in biomass power plants is witnessing a shift towards automation and better-conveying equipment. For instance, automatic conveyor systems and robotic loaders are gradually used to transfer biomass materials such as wood chips, agricultural residues, and pellets non-stop and safely. According to the data provided in 2022, more than 60 percent of new biomass integrated generation plants in Europe and North America installed automated material handling systems to manage feedstock and its processing. Latter technological advancements include incorporating Smart sensors and IoT-based equipment to monitor bulk material flow, reduce dumping, and improve the efficiency of biomass power plants.

 

 

Market Dynamics

The key growth dynamics in biomass power plants' material handling equipment market are the increase in emphasis on renewable energy sources and the need for managing various sorts of biomass resources. Currently, there is over 3,000GW of renewable energy installed globally in 2022; biomass power plants are standard, and they need efficient material handling equipment to handle massive materials such as wood chips, agricultural residues, and organic wastes. For instance, the countries in the EU region have planned certain targets with respect to the increase in biomass power zones, which in turn has affected the market for automated conveyor systems and grab cranes largely. Some of the recent developments are in stacking and reclaiming techniques for proper storage and timely delivery of biomass for efficient working of power plants.

 

A major factor that may check the growth of the material handling equipment market for biomass power plants is the capital cost and recurrent charges attached to state-of-the-art handling systems. Furthermore, biomass material properties, including moisture content and particle size, are yet another factor that adds to system complexity in terms of handling, hence raising the operational cost.

 

One of the key opportunities in the material handling equipment market in biomass power plants is the enhancement of the advanced but low-cost handling equipment trends to meet emerging markets, specifically in Asia. Due to the escalating tendency of biomass power generation by more than 5% per annum worldwide, methods and technologies for effective and cost-effective processing of various biomass materials are becoming increasingly important, especially in Asia-Pacific. For instance, the increasing adoption of small to medium-sized biomass power plants in countries like India and Indonesia signals the need for compact and modular feeding systems and conveyors. Recent advancements include designing modular, plug-and-play conveyors for biomass that are easy to install, exhibit flexibility in handling different biomass types, and require little or no technical adjustments and maintenance to improve efficiency.

 

Market Segmentation

Product Outlook

• Industrial Trucks

• Racking & Storage Equipment

• Cranes & Lifting Equipment

• Continuous Handling Equipment

 

Application Outlook

• Wood Chip Handling

• Municipal Solid Waste (MSW) Handling

• Pellet Handling

• Agricultural Residue Handling

• Others

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

Segment Analysis for the Material Handling Equipment In Biomass Power Plant Market

By Product Outlook:

Leading Segment: Industrial Trucks

Industrial trucks hold the largest market share, accounting for approximately 35% of the total market. Their versatility, ease of use & ability to transport materials across short distances make them indispensable in warehouses & factories. For example, Toyota Material Handling has seen a surge in demand for forklifts and pallet trucks due to the robust growth of e-commerce and warehousing operations. The segment is projected to expand at a CAGR of 7% during the forecast period.

Fastest-Growing Segment: Continuous Handling Equipment

The continuous handling equipment segment is growing at the fastest CAGR of 10%, driven by the rising demand for automation in processes like material handling. Conveyor systems, widely used in industries like mining and agriculture, enhance efficiency and reduce labor costs. Companies like FLSmidth are deploying conveyor systems for automated material handling in the mining sector, which has gained momentum in regions like Asia Pacific & Latin America.

 

By Application Outlook:

Leading Segment: Municipal Solid Waste (MSW) Handling

The MSW handling segment accounts for around 30% of the market share because of the rising emphasis on waste management & recycling. Governments worldwide are investing heavily in efficient waste handling systems to combat urban waste challenges. For example, Europe leads in waste handling innovation, with countries like Germany deploying advanced material handling equipment for sorting & recycling municipal solid waste.

Fastest-Growing Segment: Agricultural Residue Handling

Agricultural residue handling is growing at a CAGR of 9.5%, supported by increasing awareness of sustainable practices such as bioenergy production. Continuous handling systems & cranes are being widely adopted in this segment to transport biomass and residues efficiently. India has launched several initiatives to use agricultural residues in energy production which boosts the demand for material handling equipment like automated balers & conveyors.

 

By Region:

Leading Region: North America

North America holds the largest market share, contributing over 35% of the revenue due to high industrial automation rates and strong investments in advanced warehousing solutions. Amazon’s fulfillment centers across the U.S. utilize a vast array of industrial trucks, automated racking systems & robotic material handling solutions to streamline operations. The region’s market is projected to grow at a CAGR of 6.5%.

Fastest-Growing Region: Asia Pacific

Asia Pacific is the fastest-growing region, with a CAGR of 10%, fueled by rapid industrialization, e-commerce growth & increasing manufacturing activities in countries like China and India. Companies like Daifuku and KION Group are expanding their presence in APAC to meet the increasing demand for automation in warehouses & production facilities. The booming e-commerce sector in India has prompted investments in automated racking and storage systems to improve efficiency.

Future Outlook for the Material Handling Equipment In Biomass Power Plant Market

The Material Handling Equipment In Biomass Power Plant Market is poised for significant growth, driven by the rising adoption of automation, digitalization, and sustainable practices across industries. The integration of advanced technologies like AI & IoT and robotics is transforming traditional handling processes, enabling greater efficiency and precision. Industrial trucks and racking systems will continue to dominate due to their widespread adoption in warehouses and manufacturing facilities, particularly in the e-commerce and logistics sectors. At the same time, continuous handling equipment is expected to witness robust growth, supported by the demand for automated solutions in industries like mining, agriculture, and waste management.

Regionally, Asia Pacific will lead the market growth, fueled by rapid industrialization, increasing e-commerce penetration & government initiatives to boost infrastructure and manufacturing. Countries like China, India & Japan are expected to invest heavily in advanced material handling systems to support growing demand across sectors. Meanwhile, North America & Europe will maintain steady growth, driven by high automation levels and the adoption of energy-efficient and sustainable material handling technologies.

With industries emphasizing sustainability, there will be increased focus on eco-friendly material handling equipment powered by electric & hybrid technologies. Innovations such as autonomous forklifts, intelligent conveyor systems & energy-efficient cranes will play a critical role in shaping the market.

 

Source-

https://fls.com/en/announcements/2013/flsmidth-to-supply-large-material-handling-system

https://www.daifuku.com/ir/assets/23_full_e.pdf

 

 

Key Players

• Andritz AG

• Bühler Group

• FLSmidth & Co. A/S

• Metso Corporation

• Siemens AG

• General Electric (GE)

• Kawasaki Heavy Industries Ltd.

• Schenck Process Holding GmbH

• Vecoplan AG

• Babcock & Wilcox Enterprises, Inc.

• Mitsubishi Heavy Industries Ltd.

• Terex Corporation

• Doosan Heavy Industries & Construction Co. Ltd.

• Vyncke NV

• JCB Limited

 

Material Handling Equipment In Biomass Power Plant Market Report Coverage

Report Attribute	Details
Forecast Period	2023 – 2030
Market Size Value in 2023	USD 851.3 million
Revenue Forecast in 2030	USD 1,419.51 million
Overall Growth Rate	CAGR of 6.6%
Base Year for Estimation	2022
Historical Data	2017 – 2021
Unit	USD Million, CAGR (2023 – 2030)
Segmentation	By Product Outlook, By Application Outlook, By Region
By Product Outlook	Industrial Trucks, Racking & Storage Equipment, Cranes & Lifting Equipment, Continuous Handling Equipment
By Application Outlook	Wood Chip Handling, Municipal Solid Waste (MSW) Handling, Pellet Handling, Agricultural Residue Handling, Others
By Region	North America, Europe, Asia-Pacific, LAMEA
Country Scope	US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.

 

Recent Development

• In April 2024, The B&W Environmental unit of Babcock & Wilcox said that it had been granted a contract worth roughly $15 million to deliver environmental equipment to an industrial plant in the Middle East.