Mobile Power Plant Market by Fuel Type (Natural Gas/LPG, Diesel), Power Rating (1-10 MW, 11-20 MW, 21-50 MW), Application (Oil & Gas, Emergency Power, Remote Area Electrification), and Region - Global Forecast to 2022

Published: March 2018
No. of Pages: 121
Single User License: US $ 5650
Corporate User License: US $ 8150
ReportsandReports

“The mobile power plant market is projected to grow at a CAGR of 4.56% from 2017 to 2022.”

The mobile power plant market is projected to reach USD 1.73 billion by 2022, growing at a CAGR of 4.56% from 2017 to 2022.The growth of the mobile power plant market can be attributed to an increase in remote area electrification, frequent natural disasters across the globe, and increase in onshore oil & gas rigs. Concerns regarding emission regulations imposed by various agencies are the major challenges faced by the players in this market.

“The remote area electrification segment is expected to grow at the highest CAGR from 2017 to 2022.”

The remote area electrification segment is estimated to grow at the highest CAGR in the mobile power plant market during the forecast period. The increase in the global remote area electrification has accentuated the need for the development of onsite power generation systems. A centralized power generation system requires a huge capital investment, which is not feasible in rural and coastal regions of the world. Hence, the demand for onsite fast power generation solutions such as mobile power plant has increased for remote area electrification.

“Natural Gas/LPG: The largest market for mobile power plant, by fuel type”

Natural gas/LPG is estimated to hold the largest share of the mobile power plant market in 2016 and is expected to grow at a decent pace during the forecast period. Natural gas is considered as a cheap and clean fuel, which is one of the major driving factors for the growth of the natural gas mobile power plant market. The IEA predicts that natural gas will gain a stronger foothold in South and East Asia in countries such as China and India.

Asia Pacific: The fastest growing market for mobile power plant

Asia Pacific is estimated to be the fastest-growing market for mobile power plant during the forecast period. The market growth in the region can be attributed to the recent developments in remote area electrification in Indonesia, India, and Australia. The increase in the number of natural disaster sis also likely to boost the demand for a mobile power plant in the region during the forecast period. The increasing number of onshore oil and gas rigs would further raise the demand for the mobile power plant market in the near future.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 20%, Tier 2- 55%, Tier 3- 25%
  • By Designation: C-Level- 35%, D-Level- 30%, Others- 35%
  • By Region: North America- 15%, Europe- 20%, Asia Pacific- 30%, South America- 25%, and Middle East and Africa- 10%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 1 billion, Tier 2 = From USD 100 million to USD 500 million, and Tier 3 = < USD 100 million.

The key players in the mobile power plant market include GE (US), Siemens (Germany), APR Energy (US), Kawasaki (Japan), PW Power systems (US), and Metka (Greece).

Research Coverage:

The report provides a picture of the mobile power plant market and its segments across industries and regions. It aims at estimating the market size and future market growth potential across different segments, by fuel type, power rating, application, and region. Furthermore, the report includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.

Why buy this report?

  • The report identifies and addresses key markets for mobile power plant, which would help OEMs review the growth in demand for the product.
  • The report helps solution providers understand the pulse of the market and provides insights into market drivers, restraints, opportunities, and challenges.
  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1540


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest:

We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy