Product Code: A74863
According to a new report published by Allied Market Research, titled, "Coal Power Generation Market," The coal power generation market was valued at $361.1 billion in 2022 and is estimated to reach $440.5 billion by 2032, growing at a CAGR of 2.1% from 2023 to 2032.
Coal is one of the most widely used sources of energy for electricity generation worldwide. Coal power generation refers to the process of producing electricity by burning coal as a fuel in power plants. In regions where coal power generation has been prevalent, there is often an existing infrastructure and a skilled workforce associated with coal mining, transportation, and power plant operation. Utilizing these resources can influence the continued use of coal power generation. Coal power plants can provide a stable and consistent supply of electricity, as they can operate continuously and meet the demand for power consistently. However, coal power generation has several significant drawbacks and environmental concerns. The combustion of coal releases a large amount of carbon dioxide and other pollutants contribute to air pollution, climate change, and negative health effects.
Conversely, efforts are being made to address these issues by improving the efficiency of coal power plants, implementing emission control technologies, and transitioning to cleaner and more sustainable energy sources. The cyclone furnace method is an alternative approach to coal power generation that utilizes cyclone combustion chambers instead of traditional boilers. This method is primarily used in smaller scale coal-fired power plants and industrial facilities. The coal used in cyclone furnaces undergoes initial processing, including crushing, grinding, and screening to achieve a consistent particle size suitable for combustion. Instead of a conventional boiler, the cyclone furnace employs one or more cyclone combustion chambers.
These chambers are cylindrical or conical in shape and arranged in a vertical configuration. The coal injection creates a swirling motion within the chamber, promoting the mixing of coal particles with combustion air. The heat generated by combustion is transferred to heat exchanger surfaces affixed within the cyclone chamber. The heat transfer fluid is converted into high-pressure steam using a steam generator or boiler. This steam is subsequently directed to a steam turbine, similar to the process in pulverized coal power plants. The high-pressure steam drives a turbine connected to a generator, producing electricity. Coal power generation is not used for residential applications, as coal power plants are designed to generate electricity on a large scale to meet the demands of an entire region or country. The infrastructure required to support coal power generation, such as coal mines, transportation systems, and large power plants, is extensive and not suitable for residential applications.
However, there are many economies that are heavily dependent on coal-fired power generation to meet the ever-growing demand for electricity and thus use it in residential applications. Rapid urbanization, coupled with population growth and increased electricity demand, has historically led to an increase in coal power generation in residential areas. As cities grow and urbanize, the demand for electricity rises due to factors such as exponentially increasing population, expanding infrastructure, and higher energy consumption. Coal has been a traditional and readily available energy source for electricity generation, making it a common choice for meeting the growing residential electricity demand in the past.
North America has substantial coal reserves, making it a domestically available and relatively affordable fuel source for electricity generation. This availability has historically contributed to the utilization of coal power plants. North America has a well-developed infrastructure for coal power generation. Many coal-fired power plants have been in operation for decades, and the associated infrastructure, such as rail networks for coal transportation and storage facilities, is well-established. The decline of coal power generation in the U.S. has been accompanied by a rise in natural gas-fired power plants. The abundance of domestically produced natural gas and its lower carbon intensity compared to coal have made natural gas a more suitable option. Canada has committed to phasing out traditional coal-fired power generation by 2030. This commitment is part of the country's efforts to reduce greenhouse gas emissions and transition to cleaner energy sources.
The coal power generation market scope covers segmentation based on technology, application, and region. The report highlights the details about various technologies used in coal power generation, including pulverized, cyclone furnaces, and others. In addition, the applications covered in the study include residential, commercial, and industrial. Moreover, the report analyzes the current market trends of cola power generation across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests future growth opportunities. The key players profiled in the coal power generation industry are Adani Power Limited, China Huadian Corporation LTD., Dominion Energy, NTPC Limited, KEPCO E&C, Jindal India Thermal Power ltd., Uniper SE, China Shenhua Energy Company Limited, Saudi Electricity Company, China Huaneng Group Co., Ltd., American Electric Power Company, Inc., and Duke Energy Corporation.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the coal power generation market analysis from 2022 to 2032 to identify the prevailing coal power generation market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the coal power generation market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global coal power generation market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technology
- Cyclone Furnaces
- Others
- Pulverized
By Application
- Residential
- Commercial
- Industrial
By Region
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- United Arab Emirates
- South Africa
- Rest of LAMEA
Key Market Players:
- Adani Power Ltd
- American Electric Power Company, Inc.
- China Huadian Corporation Ltd.
- China Huaneng Group Co., Ltd.
- China Shenhua Energy Company Limited
- Dominion Energy, Inc.
- Duke Energy Corporation
- Jindal India Thermal Power Limited
- Korea Electric Power Corporation KEPCO
- NTPC Ltd
- Saudi Electricity Company
- Uniper SE.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Abundance and accessibility of coal
- 3.4.1.2. Cost-effectiveness of coal
- 3.4.2. Restraints
- 3.4.2.1. Increase in environmental concerns due to coal power generation
- 3.4.2.2. Renewable Energy Competitiveness and stringent emission regulations
- 3.4.3. Opportunities
- 3.4.3.1. Advanced Coal Technologies
- 3.4.3.2. Energy Access and Development
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Pricing Analysis
- 3.7. Value Chain Analysis
- 3.8. Patent Landscape
CHAPTER 4: COAL POWER GENERATION MARKET, BY TECHNOLOGY
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Pulverized
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Cyclone Furnaces
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: COAL POWER GENERATION MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Residential
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Commercial
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Industrial
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: COAL POWER GENERATION MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key trends and opportunities
- 6.2.2. Market size and forecast, by Technology
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Key market trends, growth factors and opportunities
- 6.2.4.1.2. Market size and forecast, by Technology
- 6.2.4.1.3. Market size and forecast, by Application
- 6.2.4.2. Canada
- 6.2.4.2.1. Key market trends, growth factors and opportunities
- 6.2.4.2.2. Market size and forecast, by Technology
- 6.2.4.2.3. Market size and forecast, by Application
- 6.2.4.3. Mexico
- 6.2.4.3.1. Key market trends, growth factors and opportunities
- 6.2.4.3.2. Market size and forecast, by Technology
- 6.2.4.3.3. Market size and forecast, by Application
- 6.3. Europe
- 6.3.1. Key trends and opportunities
- 6.3.2. Market size and forecast, by Technology
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Key market trends, growth factors and opportunities
- 6.3.4.1.2. Market size and forecast, by Technology
- 6.3.4.1.3. Market size and forecast, by Application
- 6.3.4.2. UK
- 6.3.4.2.1. Key market trends, growth factors and opportunities
- 6.3.4.2.2. Market size and forecast, by Technology
- 6.3.4.2.3. Market size and forecast, by Application
- 6.3.4.3. France
- 6.3.4.3.1. Key market trends, growth factors and opportunities
- 6.3.4.3.2. Market size and forecast, by Technology
- 6.3.4.3.3. Market size and forecast, by Application
- 6.3.4.4. Italy
- 6.3.4.4.1. Key market trends, growth factors and opportunities
- 6.3.4.4.2. Market size and forecast, by Technology
- 6.3.4.4.3. Market size and forecast, by Application
- 6.3.4.5. Spain
- 6.3.4.5.1. Key market trends, growth factors and opportunities
- 6.3.4.5.2. Market size and forecast, by Technology
- 6.3.4.5.3. Market size and forecast, by Application
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Key market trends, growth factors and opportunities
- 6.3.4.6.2. Market size and forecast, by Technology
- 6.3.4.6.3. Market size and forecast, by Application
- 6.4. Asia-Pacific
- 6.4.1. Key trends and opportunities
- 6.4.2. Market size and forecast, by Technology
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Key market trends, growth factors and opportunities
- 6.4.4.1.2. Market size and forecast, by Technology
- 6.4.4.1.3. Market size and forecast, by Application
- 6.4.4.2. Japan
- 6.4.4.2.1. Key market trends, growth factors and opportunities
- 6.4.4.2.2. Market size and forecast, by Technology
- 6.4.4.2.3. Market size and forecast, by Application
- 6.4.4.3. India
- 6.4.4.3.1. Key market trends, growth factors and opportunities
- 6.4.4.3.2. Market size and forecast, by Technology
- 6.4.4.3.3. Market size and forecast, by Application
- 6.4.4.4. South Korea
- 6.4.4.4.1. Key market trends, growth factors and opportunities
- 6.4.4.4.2. Market size and forecast, by Technology
- 6.4.4.4.3. Market size and forecast, by Application
- 6.4.4.5. Australia
- 6.4.4.5.1. Key market trends, growth factors and opportunities
- 6.4.4.5.2. Market size and forecast, by Technology
- 6.4.4.5.3. Market size and forecast, by Application
- 6.4.4.6. Rest of Asia-Pacific
- 6.4.4.6.1. Key market trends, growth factors and opportunities
- 6.4.4.6.2. Market size and forecast, by Technology
- 6.4.4.6.3. Market size and forecast, by Application
- 6.5. LAMEA
- 6.5.1. Key trends and opportunities
- 6.5.2. Market size and forecast, by Technology
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Key market trends, growth factors and opportunities
- 6.5.4.1.2. Market size and forecast, by Technology
- 6.5.4.1.3. Market size and forecast, by Application
- 6.5.4.2. United Arab Emirates
- 6.5.4.2.1. Key market trends, growth factors and opportunities
- 6.5.4.2.2. Market size and forecast, by Technology
- 6.5.4.2.3. Market size and forecast, by Application
- 6.5.4.3. South Africa
- 6.5.4.3.1. Key market trends, growth factors and opportunities
- 6.5.4.3.2. Market size and forecast, by Technology
- 6.5.4.3.3. Market size and forecast, by Application
- 6.5.4.4. Rest of LAMEA
- 6.5.4.4.1. Key market trends, growth factors and opportunities
- 6.5.4.4.2. Market size and forecast, by Technology
- 6.5.4.4.3. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. Adani Power Ltd
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.2. China Huadian Corporation Ltd.
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.3. Dominion Energy, Inc.
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.4. NTPC Ltd
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.5. Korea Electric Power Corporation KEPCO
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.6. Jindal India Thermal Power Limited
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.7. Uniper SE.
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.8. China Shenhua Energy Company Limited
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.9. Saudi Electricity Company
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.10. China Huaneng Group Co., Ltd.
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.11. American Electric Power Company, Inc.
- 8.11.1. Company overview
- 8.11.2. Key Executives
- 8.11.3. Company snapshot
- 8.11.4. Operating business segments
- 8.11.5. Product portfolio
- 8.11.6. Business performance
- 8.12. Duke Energy Corporation
- 8.12.1. Company overview
- 8.12.2. Key Executives
- 8.12.3. Company snapshot
- 8.12.4. Operating business segments
- 8.12.5. Product portfolio
- 8.12.6. Business performance