According
to a market research report recently published by Transparency Market
Research, the global coal fired power generation
market is expected to expand at a CAGR of 3.1% during the period
between 2013 and 2019. The
report, titled “Coal Fired Power Generation Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -
2019,” projects the global coal
fired power generation market to reach an installed capacity of
2,057.6 GW by 2019. The overall market registered an installed
capacity of 1,673.1 GW in 2012.
The
report points out that the ever increasing demand for electricity
across commercial, industrial, and residential applications, and the
availability of raw materials in Asia Pacific will boost the global
coal fired power generation market. However, the report states that
the growing concerns regarding greenhouse emissions have led to the
formulation stringent regulations to curb emissions. This is expected
to negatively impact the growth of the market during the forecast
horizon. The overall coal fired power generation market has a huge
opportunity to grow with the introduction of advancements in
combustion technologies. The report further analyzes the effect of
Porter’s five forces on the market.
On
the basis of technology, the report segments the global coal fired
power generation market into cyclone furnaces, pulverized coal
systems, and others including coal gasification and circulating
fluidized bed combustion. In 2012, pulverized coal systems dominated
the overall market, followed by cyclone furnaces. High availability
of raw materials, along with growing demand for power drove the
demand for pulverized coal systems.
In
terms of application, the report categorizes the global coal fired
power generation market into commercial and residential. In 2012, the
commercial sector dominated the market with a share of 56% in the
overall market. During the forecast period, the residential sector is
expected to register increased demand for hydro and solar power,
thereby negatively affecting the coal fired power generation market.
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The
report studies the global coal fired power generation market across
four key regions: Asia Pacific, Europe, North America, and Rest of
the World. Asia Pacific dominated the market in 2012 and accounted
for a share of 56% in the overall installed capacity registered by
the market. During the forecast horizon, the coal fired power
generation market in the region is expected to witness exponential
growth owing to the construction of new plants for coal fired power
generation. In 2012, North America dominated the overall market in
terms of revenue.
Describing
the competitive landscape, the report profiles some of the key
players in the global coal fired power generation market such as
China Datang Corporation, American Electric Power Company Inc., China
Huaneng Group, Dominion Energy Solutions, Duke Energy Corporation,
Eskom Holdings SOC Ltd., Georgia Power Company, Korea Electric Power
Corporation, Jindal India Thermal Power Ltd., RWE AG, National
Thermal Power Corporation Ltd., Shikoku Electric Power Company Inc.,
STEAG GmbH, and Shenhua Group Corporation Ltd.
The
global coal fired power generation market has been segmented into:
Global
Coal Fired Power Generation Market- By Technology
- Pulverized coal systems
- Cyclone furnaces
- Others
Global
Coal Fired Power Generation Market- By Application
- Residential
- Commercial
Global
Coal Fired Power Generation Market- By Region
- North America
- Europe
- Asia Pacific
- Rest of the World
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact
Mr.Sudip
S
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State Street, Suite 700
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NY 12207
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+1-518-618-1030
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- Canada Toll Free: 866-552-3453
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