The future of the global mobile power plant market looks promising with opportunities in the oil & gas, emergency power, and remote area electrification markets. The global mobile power plant market is expected to reach an estimated $2 billion by 2030 with a CAGR of 18.5% from 2024 to 2030. The major drivers for this market are growing demand for electricity in remote locations, expansion of power grid and huge investment in infrastructure projects, as well as, growing economic growth and industrialization in underdeveloped areas.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the mobile power plant market
by capacity (1-10 MW, 10-20 MW, and above 20 MW), fuel type (natural gas/LPG,
diesel, and others), application (oil & gas, emergency power, remote area
electrification, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, 1-10 MW,
10-20 MW, and above 20 MW are the major segments of mobile power plant market
by capacity. Lucintel forecasts that above 20 MW is expected to witness the
highest growth over the forecast period because of large-scale power generation
requirements of various industries, rising need for emergency power generation,
and growing demand to meet peak power demand.Within this market, oil & gas
will remain the largest segment because of large number of oil and gas
exploration and production activities, especially in remote and underdeveloped
areas.
APAC is expected to
witness fastest growth over the forecast period due to growing investments in
Southeast Asia's coastal electrification projects and a rise in the frequency
of catastrophic disasters in China, Japan, and India.
Siemens, APR Energy,
Kawasaki Heavy Industries, PW Power Systems, GE, Metka, Solar Turbines, Turbine
Technology Services, Vicor, and Ethos Energy are the major suppliers in the
mobile power plant market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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