United States (US) Thermal Power Plant Market (2025-2031) | Trends, Companies, Outlook, Value, Competitive Landscape, Analysis, Industry, Forecast, Share, Segmentation, Growth, Size & Revenue

Market Forecast By Type (Biomass Or Co-Fired Power Station, Combined Cycle Power Plant, Combined Heat and Power, Fossil-Fuel Power Plant), By Application (Thermal Power Generation, Other) And Competitive Landscape
Product Code: ETC9978007 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

United States (US) Thermal Power Plant Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The United States saw significant import shipments of thermal power plants in 2024, with top exporting countries including Canada, Mexico, Italy, China, and Brazil. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating strong dominance by key players. The industry also showed strong growth, with a compound annual growth rate (CAGR) of 6.42% from 2020 to 2024, and an impressive growth rate of 26.34% from 2023 to 2024. These trends highlight the ongoing importance of thermal power plants in meeting energy needs in the United States.

United States (US) Thermal Power Plant Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • United States (US) Thermal Power Plant Market Outlook
  • Market Size of United States (US) Thermal Power Plant Market, 2024
  • Forecast of United States (US) Thermal Power Plant Market, 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Revenues & Volume for the Period 2021- 2031
  • United States (US) Thermal Power Plant Market Trend Evolution
  • United States (US) Thermal Power Plant Market Drivers and Challenges
  • United States (US) Thermal Power Plant Price Trends
  • United States (US) Thermal Power Plant Porter's Five Forces
  • United States (US) Thermal Power Plant Industry Life Cycle
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Biomass Or Co-Fired Power Station for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Combined Cycle Power Plant for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Combined Heat and Power for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Fossil-Fuel Power Plant for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Thermal Power Generation for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Thermal Power Plant Market Revenues & Volume By Other for the Period 2021- 2031
  • United States (US) Thermal Power Plant Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • United States (US) Thermal Power Plant Top Companies Market Share
  • United States (US) Thermal Power Plant Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Thermal Power Plant Company Profiles
  • United States (US) Thermal Power Plant Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 United States (US) Thermal Power Plant Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Thermal Power Plant Market Revenues & Volume, 2021 & 2031F

3.3 United States (US) Thermal Power Plant Market - Industry Life Cycle

3.4 United States (US) Thermal Power Plant Market - Porter's Five Forces

3.5 United States (US) Thermal Power Plant Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 United States (US) Thermal Power Plant Market Revenues & Volume Share, By Application, 2021 & 2031F

4 United States (US) Thermal Power Plant Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing energy demand in the United States

4.2.2 Government initiatives promoting clean energy sources

4.2.3 Technological advancements in thermal power plant efficiency

4.3 Market Restraints

4.3.1 Stringent environmental regulations

4.3.2 Competition from renewable energy sources

4.3.3 Fluctuating prices of natural gas and coal

5 United States (US) Thermal Power Plant Market Trends

6 United States (US) Thermal Power Plant Market, By Types

6.1 United States (US) Thermal Power Plant Market, By Type

6.1.1 Overview and Analysis

6.1.2 United States (US) Thermal Power Plant Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 United States (US) Thermal Power Plant Market Revenues & Volume, By Biomass Or Co-Fired Power Station, 2021- 2031F

6.1.4 United States (US) Thermal Power Plant Market Revenues & Volume, By Combined Cycle Power Plant, 2021- 2031F

6.1.5 United States (US) Thermal Power Plant Market Revenues & Volume, By Combined Heat and Power, 2021- 2031F

6.1.6 United States (US) Thermal Power Plant Market Revenues & Volume, By Fossil-Fuel Power Plant, 2021- 2031F

6.2 United States (US) Thermal Power Plant Market, By Application

6.2.1 Overview and Analysis

6.2.2 United States (US) Thermal Power Plant Market Revenues & Volume, By Thermal Power Generation, 2021- 2031F

6.2.3 United States (US) Thermal Power Plant Market Revenues & Volume, By Other, 2021- 2031F

7 United States (US) Thermal Power Plant Market Import-Export Trade Statistics

7.1 United States (US) Thermal Power Plant Market Export to Major Countries

7.2 United States (US) Thermal Power Plant Market Imports from Major Countries

8 United States (US) Thermal Power Plant Market Key Performance Indicators

8.1 Capacity utilization rate of existing thermal power plants

8.2 Investment in research and development for new thermal power plant technologies

8.3 Percentage of electricity generated from thermal power plants compared to other sources

9 United States (US) Thermal Power Plant Market - Opportunity Assessment

9.1 United States (US) Thermal Power Plant Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 United States (US) Thermal Power Plant Market Opportunity Assessment, By Application, 2021 & 2031F

10 United States (US) Thermal Power Plant Market - Competitive Landscape

10.1 United States (US) Thermal Power Plant Market Revenue Share, By Companies, 2024

10.2 United States (US) Thermal Power Plant Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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