San Francisco, 18 March 2019: The Report Coal Fired Power Generation Market Analysis By Technology (Pulverized Coal
Systems, Cyclone Furnaces), By Application (Residential, Commercial) And
Segment Forecasts To 2020
The global coal fired power generation market installed capacity is expected to reach 2,072.8 GW by 2020, according to a new study by Grand View Research, Inc. Availability of coal at cheap prices mainly in coal rich Asian countries is expected to remain a key driving factor for the market. In addition, rising electricity consumption on account of growing energy need, especially from emerging markets, is also expected to have a positive impact on market demand. However, stringent regulatory outlook mainly in Europe and North America along with a definitive push for clean or sustainable energy may hinder market growth over the next six years.
Commercial applications dominated coal
fired power generation demand, accounting for 55.7% of total market in 2013. In
addition to being the largest application segment, commercial applications are
also expected to be the fastest growing application segment, at an estimated
CAGR of 3% from 2014 to 2020.
Access Research Report of Coal Fired Power Generation Market @ http://www.grandviewresearch.com/industry-analysis/Coal-Fired-Power-Generation-Industry
Further key findings from the study suggest:
· Pulverized coal systems dominated the
technology market for coal fired power generation and accounted for over half
of the total capacity installed in 2013. Global installed capacity for cyclone
furnaces based coal fired power generation is expected to reach 614.7 GW in
2020, growing at a CAGR of 2.6% from 2014 to 2020.
· Asia Pacific emerged as the largest
regional market and accounted for just over 55% of total installed capacity in
2013. Asia Pacific along with being the largest market is also expected to be
the fastest growing market for coal fired power generation at an estimated CAGR
of 3.2% from 2014 to 2020.
· Some of the leading companies operating in
the global market include China Huaneng Group, China Datang Corporation, Korea
Electric Power Corporation, Shenhua Group Corporation Limited, Duke Energy
Corporation, National Thermal Power Corporation Limited, E.ON SE and American
Electric Power Company Inc.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/power-generation-and-storage
Grand View Research has
segmented the coal fired power generation market on the basis of application,
technology and region:
Global Coal Fired Power Generation Technology
Outlook (Volume, Giga Watts, 2012 - 2020)
·
Pulverized Coal Systems
·
Cyclone Furnace
·
Others
Global Coal Fired Power Generation
Application Outlook (Volume, Giga Watts, 2012 - 2020)
·
Residential
·
Commercial
Coal Fired Power Generation Regional
Outlook (Volume, Giga Watts, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access Press Release of
Coal Fired Power Generation Market@ https://www.grandviewresearch.com/press-release/global-coal-fired-power-generation-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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