Global Thermal Power Market Size study & Forecast, by Technology, by Storage Material, by Application and Regional Analysis, 2023-2030

Description

List of Tables

Global Thermal Power Market is valued at approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx over the forecast period 2023-2030. Thermal Power is the rate at which fuel is converted into heat in most energy systems. These heat engines produce heat in order to do meaningful work. Thermal power is the heat supplied to a boiler in a power plant to create electricity. The growth is expected to increase due to an increase in electricity demand, rapid industrialization, urbanization, and heavy industry energy requirements also it takes place mainly in the natural gas-based thermal power plants.

The worldwide thermal power plant market is largely driven by increased energy consumption and demand from households and businesses throughout the world. The growing number of industrial and residential units is predicted to increase the need for efficient power supply, propelling the worldwide thermal power plant market forward. According to the United Nations, in November 2022, the global population will increase by 2 billion by 2050, from 7.7 billion to 9.7 billion. An increase of 2 billion in 30 years (2020-2050) is predicted, which would greatly enhance energy consumption, and therefore the worldwide thermal power plant market is expected to develop significantly in the near future. Growing population, increased electrification, and per-capita demand will give further impetus. According to IBEF, in December 2022, India's power consumption increased by 11% to 121.19 billion units. Additionally, more efficient technologies, such as Ultra Supercritical Coal Technology, which also decreases pollution (per KW), are likely to replace ageing power plants and represent a market opportunity. However, the introduction of environmentally friendly technologies stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Thermal Power Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to Rising government investments in urbanisation and industrialization are predicted to considerably enhance market growth over the forecast period, as is the abundance of coal in the Asia Pacific area, which has resulted in the availability of affordable coal. North America is expected to grow significantly during the forecast period, due to the presence of a well-established and powerful thermal power plant infrastructure which is a primary driver of the thermal power plant market. growing investment in the United States to build thermal power capacity, as well as growing electricity demand, is likely to fuel the expansion of the North American thermal power plant market in the coming years.

Major market player included in this report are:

Electricite de France S.A.
Chubu Electric Power Co., Inc.
Siemens AG
General Electric Company
Iberdrola, S.A.
ENGIE
National Thermal Power Corporation Limited
Tokyo Electric Power Company Holdings
China Huaneng Group Co. Ltd.
American Electric Power Company Inc.

Recent Developments in the Market:

In October 2021, American Electric Power agreed to sell its Kentucky assets, including Kentucky Power and AEP Kentucky Transco, to Liberty, the regulated utility unit of parent firm Algonquin Power & Utilities Corp, for a total enterprise value of US$ 2.846 billion.
In January 2021 Huaneng said that it will build more than 80GW of clean energy power capacity, boosting clean energy capacity to more than half of the company's entire installed generation capacity by 2020.

Global Thermal Power Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, Storage Material, Application, , Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Technology:

Sensible
Latent
Thermochemical
Others

By Storage Material

Water
Molten Salts
PCM
Others

By Application:

Power Generation
District Heating and cooling
Process heating and cooling
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Thermal Power Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Thermal Power Market, by Technology, 2020-2030 (USD Billion)
- 1.2.3. Thermal Power Market, by Storage Material, 2020-2030 (USD Billion)
- 1.2.4. Thermal Power Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Thermal Power Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Thermal Power Market Dynamics

3.1. Thermal Power Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing electricity Demand
  - 3.1.1.2. Growing Natural gas power plants
- 3.1.2. Market Challenges
  - 3.1.2.1. Introduction of environmentally friendly technologies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growth and Expansion of Efficient technology
  - 3.1.3.2. Advancement in combustion technologies

Chapter 4. Global Thermal Power Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Thermal Power Market, by Technology

5.1. Market Snapshot
5.2. Global Thermal Power Market by Technology, Performance - Potential Analysis
5.3. Global Thermal Power Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
5.4. Thermal Power Market, Sub Segment Analysis
- 5.4.1. Sensible
- 5.4.2. Latent
- 5.4.3. Thermochemical
- 5.4.4. Others

Chapter 6. Global Thermal Power Market, by Storage Material

6.1. Market Snapshot
6.2. Global Thermal Power Market by Storage Material, Performance - Potential Analysis
6.3. Global Thermal Power Market Estimates & Forecasts by Storage Material 2020-2030 (USD Billion)
6.4. Thermal Power Market, Sub Segment Analysis
- 6.4.1. Water
- 6.4.2. Molten Salts
- 6.4.3. PCM
- 6.4.4. Others

Chapter 7. Global Thermal Power Market, by Application

7.1. Market Snapshot
7.2. Global Thermal Power Market by Application, Performance - Potential Analysis
7.3. Global Thermal Power Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Thermal Power Market, Sub Segment Analysis
- 7.4.1. Power Generation
- 7.4.2. District Heating and cooling
- 7.4.3. Process heating and cooling
- 7.4.4. Others

Chapter 8. Global Thermal Power Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Thermal Power Market, Regional Market Snapshot
8.4. North America Thermal Power Market
- 8.4.1. U.S. Thermal Power Market
  - 8.4.1.1. Technology breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Storage Material breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Thermal Power Market
8.5. Europe Thermal Power Market Snapshot
- 8.5.1. U.K. Thermal Power Market
- 8.5.2. Germany Thermal Power Market
- 8.5.3. France Thermal Power Market
- 8.5.4. Spain Thermal Power Market
- 8.5.5. Italy Thermal Power Market
- 8.5.6. Rest of Europe Thermal Power Market
8.6. Asia-Pacific Thermal Power Market Snapshot
- 8.6.1. China Thermal Power Market
- 8.6.2. India Thermal Power Market
- 8.6.3. Japan Thermal Power Market
- 8.6.4. Australia Thermal Power Market
- 8.6.5. South Korea Thermal Power Market
- 8.6.6. Rest of Asia Pacific Thermal Power Market
8.7. Latin America Thermal Power Market Snapshot
- 8.7.1. Brazil Thermal Power Market
- 8.7.2. Mexico Thermal Power Market
8.8. Middle East & Africa Thermal Power Market
- 8.8.1. Saudi Arabia Thermal Power Market
- 8.8.2. South Africa Thermal Power Market
- 8.8.3. Rest of Middle East & Africa Thermal Power Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Electricite de France S.A.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Technology Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Chubu Electric Power Co., Inc.
- 9.3.3. Siemens AG
- 9.3.4. General Electric Company
- 9.3.5. Iberdrola, S.A.
- 9.3.6. ENGIE
- 9.3.7. National Thermal Power Corporation Limited
- 9.3.8. Tokyo Electric Power Company Holdings
- 9.3.9. China Huaneng Group Co. Ltd.
- 9.3.10. American Electric Power Company Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Thermal Power Market, report scope
TABLE 2. Global Thermal Power Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Thermal Power Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 4. Global Thermal Power Market estimates & forecasts by Storage Material 2020-2030 (USD Billion)
TABLE 5. Global Thermal Power Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Thermal Power Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Thermal Power Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Thermal Power Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Thermal Power Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Thermal Power Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Thermal Power Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Thermal Power Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Thermal Power Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Thermal Power Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Thermal Power Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Thermal Power Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Thermal Power Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Thermal Power Market
TABLE 71. List of primary sources, used in the study of global Thermal Power Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Thermal Power Market, research methodology
FIG 2. Global Thermal Power Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Thermal Power Market, key trends 2022
FIG 5. Global Thermal Power Market, growth prospects 2023-2030
FIG 6. Global Thermal Power Market, porters 5 force model
FIG 7. Global Thermal Power Market, pest analysis
FIG 8. Global Thermal Power Market, value chain analysis
FIG 9. Global Thermal Power Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Thermal Power Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Thermal Power Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Thermal Power Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Thermal Power Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Thermal Power Market, regional snapshot 2020 & 2030
FIG 15. North America Thermal Power Market 2020 & 2030 (USD Billion)
FIG 16. Europe Thermal Power Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Thermal Power Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Thermal Power Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Thermal Power Market 2020 & 2030 (USD Billion)