Strong Demand for Energy in Emerging Nations Drives the Global Thermal Power Market, According to an Upcoming Report by Global Industry Analysts, Inc.

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GIA initiates research coverage on the “Thermal Power” market, as part of its ongoing multiple research projects on diverse industries worldwide. The soon to be released report identifies rapid industrialization in emerging economies, and growing need for power driven by an expanding world population base, as primary growth drivers in the market.

Thermal Power: A Global Multi-Client Research Initiative

Follow us on LinkedIn – GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for “Thermal Power”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program to include your inputs prior to the publication, please click here.

Rapid economic growth and industrialization in developing countries are driving energy demand and consumption in industrial and commercial sectors, while population growth and urbanization are fueling demand for electricity in the residential sector. Against this backdrop, thermal power generation is projected to witness robust growth largely because thermal power stations have the capability to provide stable and reliable power unrivalled by other energy sources. Investments in new establishment and upgradation of thermal power plants are therefore expected to witness healthy growth despite the growing popularity of renewable energy like wind and solar power. Development and launch of clean coal technologies are expected to help coal fired thermal power plants conquer the challenges posed by stringent environmental emission laws implemented by governments worldwide. In developing countries, industrialization and the ensuing ‘Power on Demand’ is resulting in the establishment of large-sized thermal stations. Thermal power provides a cost effective energy solution for developing countries seeking to generate cheap and affordable power critical for meeting economic growth and energy security goals. Prices and energy policies are expected to play a key role in determining the energy generation technology mix in countries across the world. Coal continues its dominance as a major fuel source in thermal power stations worldwide. Natural gas is also growing in popularity in North America as a result of the shale gas revolution and implementation of stringent environment regulations curbing greenhouse gas emissions.

The upcoming report will offer coverage on major companies including AES Corp, Alstom Power Systems, BHEL, GE Power Systems, Mitsubishi Heavy Industries, and Siemens AG, among others.

In addition, the study will also provide:

  • Valuable market based intelligence on new emerging trends, growth drivers, issues and challenges.
  • Current coverage on company information and latest news and events including strategic corporate developments, and product innovations
  • Fresh research perspectives, statistical findings, analyst analysis, and commentaries
  • Accurate market estimates, projections, and forecasts across major geographic markets (the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa and Latin America).

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
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