Coal Fired Power Generation Market: By Technology Type, By Application, and Region Forecast 2019 - 2030

Coal Fired Power Generation Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology Type (Pulverized Coal Systems, Cyclone Furnaces, and Others), By Application (Residential and Commercial & Industrial), and Region Forecast 2019 - 2030

Coal Fired Power Generation Market size was valued at US$ x million in 2023 and is poised to grow at a CAGR of x% from 2024 - 2030. Coal-fired power generation is a thermal power plant that uses the burning of lower volatile coal and sub-bituminous to produce electricity. It functions by the combustion of coal to create electrical energy, mechanical, and thermal using numerous types of machinery. As coal is easily accessible and highly inexpensive, it is the most extensively used electricity production source around the world. Coal-fired power plants are also more dependable and harmless than their nuclear complements. The rising demand for energy because of fast industrialization can lead to the coal-fired power generation market growth.

Moreover, the growing requirement for electrification around the world is the primary factor that can boost the global coal-fired power generation market. Apart from these, these power stations produce a large number of polluting gases such as sulfur dioxide, carbon dioxide, and nitrogen dioxide. Due to the increasing environmental alarms, governing interventions of numerous counties, along with various energy corporations, are investing deeply in research and development projects to present clean coal technologies that can further drive market growth.

However, some factors such as strict protocols concerning smart greenhouse gas releases are inspiring manufacturers to introduce green technologies that can restrain the growth of the market. The health problems related to coal-fired power generation as they produce harmful gases that lead to numerous respiratory difficulties such as asthma can hinder the market growth. Progression in combustion techniques can create an opportunity for the global market growth. This is attributed to rising consciousness about greenhouse emissions. 

Key Developments

  • In February 2020, Japan announced that they are willing to construct 22 new coal power plants at 17 different sites in the next five years to increase the number of coal-fired power generation.
  • In march 2022, Reliance Industries acquired bankrupt Lancos Amarkantak unit to enter coal-fired generation market.

Coal Fired Power Generation Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

X%

Largest Market

North America

Fastest Growing Market

Asia pacific

Coal Fired Power Generation Market Dynamics

One of the major reasons for the market growth is the increasing demand for electricity. This is because of the growing populace which is generating demand for the inhabited sector. Speedy industrialization and urbanization along with the necessity for energy in heavy businesses are expected to propel the growth of the market in the forecast period. However, stringent rules for the release of greenhouse gases and health-related problems related to coal-fired power generation can restrain market growth.

Coal Fired Power Generation Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market CAGR

X%

By Technology Type

  • Pulverized Coal Systems
  • Cyclone Furnaces
  • Others

By Application

  • Residential
  • Commercial & Industrial

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The coal fired power generation market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The coal-fired power generation market was valued at US$ x million in 2023 and is set to grow at a significant CAGR of x% from 2024-2030

American Electric Power Company Inc., China Datang Corporation, China Huaneng Group,Dominion Energy Solutions, Duke Energy Corporation, E.ON SE, Eskom Holdings SOC Ltd., Georgia Power Company, Jindal India Thermal Power Limited, Korea Electric Power Corporation, National Thermal Power Corporation Limited

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

1. Executive Summary
2. Global Coal Fired Power Generation Market Introduction
2.1. Global Coal Fired Power Generation Market Taxonomy
2.2. Global Coal Fired Power Generation Market Definitions
2.2.1. Technology
2.2.2. Application
2.2.3. By Region
3. Global Coal Fired Power Generation Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Coal Fired Power Generation Market Dynamic Factors - Impact Analysis
3.6. Global Coal Fired Power Generation Market Competition Landscape
3.7. Epidemiology
4. Global Coal Fired Power Generation Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Coal Fired Power Generation Market, By Technology, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Pulverized Coal Systems
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Cyclone Furnaces
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Others
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Coal Fired Power Generation Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Residential
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Commercial & Industrial
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Coal Fired Power Generation Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Coal Fired Power Generation Market - Opportunity Analysis Index, By Technology, By Application, and Region, 2024 - 2030
8. North America Coal Fired Power Generation Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Pulverized Coal Systems
8.1.2. Cyclone Furnaces
8.1.3. Others
8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Residential
8.2.2. Commercial & Industrial
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Coal Fired Power Generation Market - Opportunity Analysis Index, By Technology, By Application, and Country, 2024 - 2030
8.5. North America Coal Fired Power Generation Market Dynamics Trends
9. Europe Coal Fired Power Generation Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Pulverized Coal Systems
9.1.2. Cyclone Furnaces
9.1.3. Others
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Residential
9.2.2. Commercial & Industrial
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Europe Coal Fired Power Generation Market - Opportunity Analysis Index, By Technology, By Application, and Country, 2024 - 2030
9.5. Europe Coal Fired Power Generation Market Dynamics Trends
10. Asia-Pacific Coal Fired Power Generation Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Pulverized Coal Systems
10.1.2. Cyclone Furnaces
10.1.3. Others
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Residential
10.2.2. Commercial & Industrial
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Coal Fired Power Generation Market - Opportunity Analysis Index, By Technology, By Application, and Country, 2024 - 2030
10.5. Asia-Pacific Coal Fired Power Generation Market Dynamics Trends
11. Latin America Coal Fired Power Generation Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Pulverized Coal Systems
11.1.2. Cyclone Furnaces
11.1.3. Others
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Residential
11.2.2. Commercial & Industrial
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Rest of Latin America
11.4. Latin America Coal Fired Power Generation Market - Opportunity Analysis Index, By Technology, By Application, and Country, 2024 - 2030
11.5. Latin America Coal Fired Power Generation Market Dynamics Trends
12. Middle East and Africa Coal Fired Power Generation Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Pulverized Coal Systems
12.1.2. Cyclone Furnaces
12.1.3. Others
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Residential
12.2.2. Commercial & Industrial
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. South Africa
12.3.3. Rest of MEA
12.4. MEA Coal Fired Power Generation Market- Opportunity Analysis Index, By Technology, By Application, and Country, 2024 - 2030
12.5. MEA Coal Fired Power Generation Market Dynamics Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Key Technology, Key Developments, Strategies, and SWOT Analysis)
13.2.1. American Electric Power Company Inc.
13.2.2. China Datang Corporation
13.2.3. China Huaneng Group
13.2.4. Dominion Energy Solutions
13.2.5. Duke Energy Corporation
13.2.6. E.ON SE
13.2.7. Eskom Holdings SOC Ltd.
13.2.8. Georgia Power Company
13.2.9. Jindal India Thermal Power Limited
13.2.10. Korea Electric Power Corporation
13.2.11. National Thermal Power Corporation Limited
14. Research Methodology
15. Key Assumptions and Acronyms

Key Market Players

  • American Electric Power Company Inc.
  • China Datang Corporation
  • China Huaneng Group
  • Dominion Energy Solutions
  • Duke Energy Corporation
  • E.ON SE
  • Eskom Holdings SOC Ltd.
  • Georgia Power Company
  • Jindal India Thermal Power Limited
  • Korea Electric Power Corporation
  • National Thermal Power Corporation Limited

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