Thermal Power in Canada - Market Size (2005–2031)

NAICS 22111aCA Last Updated: August 2025

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$19.0bn

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Thermal Power in Canada Market Size in 2025
-5.1%

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 Thermal Power in Canada Market Size Growth in 2025
-1.4%

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 Thermal Power in Canada Market Size CAGR 2020-2025

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 Thermal Power in Canada Market Size CAGR 2025-2030

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Questions Clients Ask About This Industry

  • What was the market size of the Thermal Power in Canada in 2024?

    The market size of the Thermal Power in Canada was $20.0bn in 2024.

  • What was the growth rate of the Thermal Power in Canada in 2024?

    The market size of the Thermal Power in Canada increased 5.0% in 2024.

  • What was the market size of the Thermal Power in Canada in 2025?

    The market size of the Thermal Power in Canada is $19.0bn in 2025.

  • What is the growth rate of the Thermal Power in Canada in 2025?

    The market size of the Thermal Power in Canada decreased -5.1% in 2025.

  • Has the Thermal Power in Canada grown or declined over the past 5 years?

    The market size of the Thermal Power in Canada has grown at a 5.0% CAGR between 2019 and 2024.

  • Is the Thermal Power in Canada expected to grow or decline over the next five years?

    See our full analysis of the Thermal Power in Canada to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Thermal Power in Canada grown or declined over the past 5 years?

    The market size of the Thermal Power in Canada has declined at a -1.4% CAGR between 2020 and 2025.

  • Is the Thermal Power in Canada expected to grow or decline over the next five years?

    See our full analysis of the Thermal Power in Canada to understand if the industry market size is expected to grow or decline over the next five years.

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