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The market size of the Thermal Power industry in Canada is $xx.xx, which is expected to grow at xx% over the next five years. The Thermal Power industry in Canada comprises nuclear power plants and fossil-fuel power plants, such as coal and natural gas. Biomass power, which also uses thermal energy, is considered a renewable energy source and isn't included in this industry.
Curious about what drives these trends? IBISWorld's Thermal Power in Canada industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Coal Mining in Canada |
|
XX% | XX% | $XX |
| Petroleum Refining in Canada |
|
XX% | XX% | $XX |
| Electric Power Transmission in Canada |
|
XX% | XX% | $XX |
| Renewable Power in Canada |
|
XX% | XX% | $XX |
| Coal & Natural Gas Power in the US |
|
XX% | XX% | $XX |
| Fossil Fuel Electricity Generation in Australia |
|
XX% | XX% | $XX |
| Fossil Fuel Electricity Generation in New Zealand |
|
XX% | XX% | $XX |
| Electricity Production in the UK |
|
XX% | XX% | $XX |
| Electricity Production in Ireland |
|
XX% | XX% | $XX |
| Thermal Power Generation in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Thermal Power in Canada is $19.1bn in 2026.
The market size of the Thermal Power in Canada increased 0.7% in 2026.
The market size of the Thermal Power in Canada has grown at a 1.2% CAGR between 2021 and 2026.
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.