The global coal fired power generation market size reached 2,100 GW in 2022. Looking forward, IMARC Group expects the market to reach 2,501 GW by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Coal Fired Power
Generation Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global coal fired power generation
market size reached 2,100 GW in 2022.
Coal-fired power generation refers to the process of producing electricity by
burning coal in power plants. It relies on pulverized coal (PC) plants, fluidized
bed combustion (FBC) plants, and integrated gasification combined cycle
(IGCC) plants, where coal is crushed into tiny particles, mixed with limestone
or dolomite, and heated and combusted at a lower temperature.
It can provide a steady and consistent electricity supply, making it suitable for
baseload power generation. It helps to minimize the dependence on imported
energy resources and provides a reliable source of energy by utilizing coal.
Coal-fired power generation is predominantly used to provide electricity to the
residential, commercial, and industrial sectors.
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fired-power-generation-market/requestsample
4. Report Description
Global Coal Fired Pow er Generation Market Trends:
At present, the increasing demand for coal-fired power generation, as it is affordable and allows efficient
utilization of existing resources, represents one of the crucial factors impelling the growth of the market. Besides
this, the rising development of advanced combustion technologies and efficient processes to reduce emissions
and improve the overall efficiency of coal-fired plants is contributing to the growth of the market. In addition, the
growing integration of carbon capture and storage (CCS) technologies in coal-fired power plants to capture
carbon dioxide emissions and transport them underground is offering a favorable market outlook.
Apart from this, the increasing demand for energy in the residential and commercial sectors is supporting the
growth of the market. Additionally, the rising installation of heavy machinery in industries to improve productivity
is strengthening the growth of the market.
Looking forward, the market volume is projected to reach 2,501 GW by 2028, expanding at a CAGR of 2.9%
during 2023-2028.
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7. Competitive
Landscape with
Key Players
• American Electric Power Company
• China Huaneng Group Co. Ltd.
• Dominion Energy Solutions Inc.
• Duke Energy Corporation
• Eskom Holdings SOC Ltd.
• Jindal India Thermal Power Limited
• NTPC Limited
• RWE Aktiengesellschaft
• STEAG GmbH (Ksbg Kommunale
Beteiligungsgesellschaft Gmbh & Co. Kg)
• Tenaga Nasional Berhad.
8. Key Questions
Answered in
the Report
How has the global coal fired power generation market performed so far
and how will it perform in the coming years?
What has been the impact of COVID-19 on the global coal fired power
generation market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global coal fired power generation market and
who are the key players?
What is the degree of competition in the industry?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Coal Fired Pow er Generation Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Pulverized Coal Systems
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Cyclone Furnace
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Others
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by End User
10. Table of
Contents
7.1 Residential
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Commercial
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Industrial
7.3.1 Mark et Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Mark et Trends
8.1.1.2 Mark et Forecast
8.1.2 Canada
8.1.2.1 Mark et Trends
8.1.2.2 Mark et Forecast
8.2 Asia Pacif ic
8.2.1 China
8.2.1.1 Mark et Trends
8.2.1.2 Mark et Forecast
8.2.2 Japan
8.2.2.1 Mark et Trends
8.2.2.2 Mark et Forecast
8.2.3 India
8.2.3.1 Mark et Trends
8.2.3.2 Mark et Forecast
8.2.4 South Korea
8.2.4.1 Mark et Trends
8.2.4.2 Mark et Forecast
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market/toc