Coal Fired Power Generation Market Share | Industry Overview, Trends, Opportunities, Growth and Forecast to 2020-2025

11/gen/2021 05:38:27 IMARC Group Contatta l'autore

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According to IMARC Group's latest report, titled " Coal Fired Power Generation Market Share : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global coal fired power generation market to continue its moderate growth during the next five years .

A coal-fired power station is a thermal power plant that uses combustion of sub-bituminous and lower volatile coal to generate power. It functions by pulverizing the coal to produce thermal, mechanical, and electrical energy using various technologies, such as cyclone furnace, coal gasification, and fluidized bed combustion. Owing to the easy availability and lower cost of coal, it is one of the most commonly used sources for the generation of electricity globally. Moreover, coal-fired plants are more dependable and safer than their nuclear equivalents.

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Market Trends

Rapid industrialization, along with the growing necessity of electrification across the commercial and residential sectors, is augmenting the demand for coal-fired power generation. Furthermore, the growing environmental concerns towards the emission of heavy pollutants during coal combustion have propelled the installation of advanced filters and safer equipment in the power generation facilities. Additionally, several government bodies are heavily investing in extensive R&D activities for implementing clean fuel technologies, which are further expected to drive the market for coal-fired power generation in the coming years.

Coal Fired Power Generation Market 2020-2025 Analysis and Segmentation:

Some of these key players include:

  • 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

Breakup by Type:

  • Pulverized Coal Systems
  • Cyclone Furnace
  • Others

Breakup by End User:

  • Residential
  • Commercial
  • Industrial

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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