Transparency Market Research, in its latest report, states that the global installed capacity of coal fired power generation was 1,673.1 GW in 2012 and is projected to reach a capacity of 2,057.6 GW by 2019. Also indicates that the global coal fired power generation market will grow at a 3.1% CAGR during the forecast period of 2013 to 2019.

Segmenting the coal fired power generation market on the basis of application, technology, and geography, the research report critically analyzes the various categories and their contribution towards the overall market. By technology, the coal fired power generation market is segmented into cyclone furnaces, pulverized coal systems, and others including coal gasification and fluidized bed combustion. The key application areas of coal fired power generation are commercial and residential. Geographically, the coal fired power generation market is classified into four main regions: North America, Asia-Pacific, Europe, and Rest of the World.

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In terms of region, Asia-Pacific emerged as the leader of the coal fired power generation market in 2012, accounting for an astounding 56% of the total installed capacities. This regional market is expected to witness momentous growth from 2013 to 2019 owing to capacity expansions and establishment of new coal fired power generation plants. In terms of revenue, North America attributed for 21% of the overall coal fired power generation market share in 2012.

Application-wise, the commercial sector led the coal fired power generation market, accounting for 56% of the total industry share. The residential sector has been witnessing increasing demand for hydro and solar power, thereby reducing the demand for coal fired power generation. In terms of technology, pulverized coal systems accounted for more than half the coal fired power generation market share in 2012 due to escalating demand for electricity and availability of raw material.

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The research report provides an exhaustive section on the key players operating within the coal fired power generation market. The prominent companies dealing in coal fired power generation are Dominion Energy Solutions, Eskom Holdings SOC Ltd., RWE AG, American Electric Power Company Inc., Tenaga Nasional Bhd, National Thermal Power Corporation Limited, China Huaneng Group, STEAG GmbH, Jindal India Thermal Power Limited, Georgia Power Company, Shenhua Group Corporation Limited, Duke Energy Corporation, Shikoku Electric Power Company, Inc., E.ON SE, Korea Electric Power Corporation, and China Datang Corporation.

Among these, China Datang Corporation, China Huaneng Group, Shenhua Group Corporation Limited, and Korea Electric Power Corporation (KEPCO) together enjoyed 22% of the total coal fired power generation market share in 2012 and are expected to retain power during the forecast period.

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