Coal Power Generation Market 2023: Industry Growth, Dynamic Research Analysis, Trend and Forecast To 2029
Coal Power Generation Market size is projected to reach 2,428.65 GW unit by 2028 from an estimated 2,128.85 GW unit in 2021, growing at a CAGR of 1.9% globally.
Coal is an important source of energy for the world, particularly for power generation. Demand for coal has grown rapidly over the last decade, outstripping that for gas, oil, nuclear, and renewable energy sources. This comes at a cost. Coal contributes to over 40% of global anthropomorphic CO2 emissions and more than 70% of CO2 emissions that arise from power generation are attributed to coal. To play its role in a sustainable energy future, its environmental footprint needs to be reduced; using coal more efficiently is an important first step. Beyond efficiency improvement, carbon capture and storage (CCS) must be deployed to make deep cuts in CO2 emissions.
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The latest research on the Coal Power Generation Market provides a comprehensive overview of the market. It gives a comprehensive picture of the global Coal Power Generation industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Coal Power Generation Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
The Major Players in The Coal Power Generation Market Include:
- Jindal India Thermal Power ltd.
- Southern Company
- Duke Energy Corporation
- Uniper SE
- CHINA SHENHUA
- China Huadian Corporation LTD. (CHD)
- China Huaneng Group Co. Ltd.
- American Electric Power Company Inc.
- Dominion Energy
- YONDEN Shikoku Electric Power CO. Inc.
- NTPC Ltd.
- TENAGA NASIONAL BERHAD
- STEAG GMBH
- KEPCO Engineering & Construction Company Inc
- and others major Players.
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Market has segmented the global Coal Power Generation Market on the basis of type, application, and region:
- Cyclone Furnaces
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Covid-19 Impact Analysis On Automation as a Service Market
The COVID-19 pandemic has become a major threat across the globe. The hospitality aviation industry is some of the worst-hit industries, the power generation is also critically influenced owing to the pandemic situation. Travel restrictions have meant that there has been a significant depletion in the application of public and private transport. Consequently, fuel demand for transport has declined significantly.
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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
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