Coal Fired Power Generation Market: By Technology Type, By Application, and by Region Forecast 2019 - 2030
Coal Fired Power Generation Market: By Technology Type, By Application, and by 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.
Study Period
2024-2030Base Year
2023CAGR
X%Largest Market
North AmericaFastest Growing Market
Asia pacific
One of the major reasons for the global coal-fired power generation 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.
Asia Pacific is dominating the global coal fired power generation market. Power usage has been rising at a substantial rate because of population growth, industrialization, and growing urbanization, predominantly in developing countries, such as India and China. Moreover, increasing demand for power and easy accessibility of raw materials throughout the Asia Pacific region have also attributed to the growth of the market. In addition, the presence of major coal-producing companies in these regions has the potential to increase the demand for coal-fired power generation in these regions.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
X% |
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By Technology Type |
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By Application |
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By Region |
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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
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