- Pulverized Coal Systems
- Cyclone Furnaces
- Others
Coal Fired Power Generation Market size was valued at USD x million in 2022 and is poised to grow at a CAGR of x% from 2023 - 2029. 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 Coal Fired Power Generation market growth. This is attributed to rising consciousness about greenhouse emissions.
Coal Fired Power Generation Market 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 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 Got Significant Share
Coal Fired Power Generation Market Regional Analysis
The 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
Key Features of the Reports
- The 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 their 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 scenario
Coal Fired Power Generation Market Segmentation
By Technology Type
By Application
- Residential
- Commercial & Industrial
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The coal fired power generation market size was valued at USD x million in 2022
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 coal fired power generation 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, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Pulverized Coal Systems |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Residential |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2023 - 2029 |
| 8. North America Coal Fired Power Generation Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Residential |
| 8.2.2. Commercial & Industrial |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 8.5. North America Coal Fired Power Generation Market Dynamics Trends |
| 9. Europe Coal Fired Power Generation Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Residential |
| 9.2.2. Commercial & Industrial |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 9.5. Europe Coal Fired Power Generation Market Dynamics Trends |
| 10. Asia-Pacific Coal Fired Power Generation Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Residential |
| 10.2.2. Commercial & Industrial |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 10.5. Asia-Pacific Coal Fired Power Generation Market Dynamics Trends |
| 11. Latin America Coal Fired Power Generation Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Residential |
| 11.2.2. Commercial & Industrial |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 11.5. Latin America Coal Fired Power Generation Market Dynamics Trends |
| 12. Middle East and Africa Coal Fired Power Generation Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Technology Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Residential |
| 12.2.2. Commercial & Industrial |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 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, 2023 - 2029 |
| 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 |
- 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