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The global coal fired power generation market size is anticipated to reach up to 2,072.8 GW until 2020
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Coal Fired Power Generation Market Latest Innovations and Forecast, with Worth 2,072.8 GW By 2020 “The global coal fired power generation market size is anticipated to reach up to 2,072.8 GW until 2020." The global coal fired power generation market size is anticipated to reach up to 2,072.8 GW until 2020, according to a new report released by Million Insights. This growth can be associated with availability of the abundant quantity of coal across the globe coupled with its low-cost price. Moreover, increasing consumption of electricity owing to the rising power need is projected to positively impact market growth. The pulverized coal segment dominated the global market due to its usage of generating thermal energy through boilers. The rest of the segments like fluidized bed combustion and coal gasification are anticipated to witness CAGR of 3.9% from 2014 to 2020. This growth can be associated to increasing demand from such eco-friendly power generation technologies. The commercial segment of application held the largest share across the global market due to rapid industrialization. On the other hand, the residential segment is also expected to witness significant growth due to features like less operational cost coupled with streamline procedure of logistics. Asia Pacific held the largest share of around 55% across the global market and is expected to witness a CAGR of 3.2% from 2014 to 2020 owing to increase in power consumption across developing countries like India and China. Europe and North America is also expected to witness significant growth in the upcoming years. The coal-fired power generation market includes key players such as China Huaneng Group, Duke Energy, Korea Electric Corporation, E.ON SE, China Datang Corporation, and China Huaneng Group. They are continuously engaged in making continuous development and rapid advances across this industry. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-coal-fired-power-generation-market/request-sample
Further key findings from the report suggest: • The commercial application segment is expected to register a CAGR of 3.0% during the forecasted years. • Asia Pacific held the largest share of around 55% across the global market in 2013 and is expected to continue its dominance with a CAGR of 3.2% during the forecasted years. • The key players in this market are China Datang Corporation, China Huaneng Group, Duke Energy Corporation, and E.ON SE. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-coal-fired-power-generation-market Million Insights has segmented the global 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 See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/energy
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184