Over the past five years, industry revenue has been fairly stagnant, growing at an annualized rate of 0.7%. In the past two years, hydroelectric power output increased strongly, which negatively affected thermal power generation. In 2017, revenue from the Thermal Power Generation industry in China was estimated at $224.4 billion, down 2.8% from 2016.Thermal power generation accounted for about 73.7% of the country's total electricity generation in 2015, down from 83.2% in 2006 due to higher levels of output from the Hydroelectric Power industry (IBISWorld industry report 4412) and tighter energy-saving and emission-reduction regulations. The industry is expected to generate 4.16 trillion kilowatt-hours in 2017...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Report - Industry Investment Chapter

Electricity generation involves the production of electricity, usually through the conversion of primary energy sources, such as coal and oil. It is a capital-intensive process, and the efficiency with which capital is employed has a major influence on generation costs.The capital intensity level in this sector will increase in the future with the closure of small units. The government started readjusting the structure of the thermal power generation industry to increase production efficiency and improve environmental safety conditions.In 2017, $2.13 is invested in capital equipment for each $1.00 spent on labor (including wages and management and administration costs)...purchase to read more.

Additional Insights for the Thermal Power Generation Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Thermal Power Generation Industry are

  • Must comply with required product standards
  • Optimum capacity utilization
  • Ability to take advantage of government subsidies and other grants
  • IBISWorld analysts also discuss how external factors such as Real GDP and Per Capita Disposable Income in the Thermal Power Generation industry impact industry performance..

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    What's in this report

    What is the Thermal Power Generation Industry?

    The Thermal Power Generation industry in China operates thermal power generation facilities that convert fossil fuels, such as coal, oil and natural gas, into electrical energy. The establishments in this industry then provide electricity to transmission systems or to electric power distribution systems.

    Industry Products
  • Coal-fired electricity
  • Oil-fired electricity
  • Natural gas-fired electricity
  • Industry Activities
  • Coal-fired electricity generation
  • Oil-fired electricity generation
  • Natural gas-fired electricity generation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Real GDP
  • Per Capita Disposable Income
  • Competition from Substitutes - Thermal Power Generation - Hydro Power Generation
  • Urban Population - % of Population in Metropolitan Areas
  • Infrastructure - Electricity Distribution Network
  • World price of steaming coal

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Thermal Power Generation Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Thermal Power Generation Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Electricity Transmission and Distribution
  • Households

  • Key Selling Industries
  • Coal Mining
  • Oil & Gas Drilling

  • Products & Services
  • Coal-fired electricity
  • Natural gas-fired electricity
  • Oil-fired electricity
  • Chart: Thermal Power Generation Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial sector
  • Households
  • Service sector
  • Agricultural sector
  • Chart: Major Market Segmentation for the Thermal Power Generation Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profitability
  • Purchases
  • Depreciation
  • Wages and other costs
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Thermal Power Generation

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Thermal Power Generation Industry

  • Industry Globalization
    China Huaneng Group, China Guodian Corporation, China Datang Corporation, China Huadian Corporation, State Power Investment Corporation,
  • Table: China Huaneng Group - financial performance
  • Table: China Guodian Corporation - financial performance
  • Table: China Datang Corporation - financial performance
  • Table: China Huadian Corporation - financial performance
  • Table: State Power Investment Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Thermal Power Generation Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Thermal Power Generation Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Thermal Generation (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Electricity Distribution
  • The transfer of electricity from substations to customers.
  • Electricity Transmission
  • The bulk transfer of electricity from power stations to various substations.
  • Hydroelectric Power
  • Generated by the power of flowing or falling water. A form of renewable energy.
  • Thermal Power
  • Generated by steam, which is fueled by coal, oil, natural gas, nuclear and solar energy.
  • What Our Customers Say

    Why buy this report?

    The Thermal Power Generation market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Thermal Power Generation:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Thermal Power Generation market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Thermal Power Generation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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