Global Mobile Power Plant Market: Market Research by Knowledge Sourcing Intelligence


Mobile Power Plant Market: 21-50 MW Segment is Expected to have Significant Market Share


Introduction
Electricity has become a Mobile Power Plant Market, but still, there is a huge population that resides in off-grid areas. Furthermore, power shortage and blackouts are a major problem for the emerging economies. Increases cases of natural calamities such as floods, earthquakes, and others lead to the power cut. Mobile power plant market growth is driven by all these problems as it helps in providing electricity in off-grid areas and during natural calamities.


Drivers and restraints of Mobile Power Plant Market
Growing demand for electricity across the globe is the major driver of the mobile power plant market. The need for fast electricity generation is increasing due to the high investment in infrastructure development and the rising rate of industrialization that is further contributing to the growing demand for mobile power plants and increasing the mobile power plant market size. Rising short-term demand for air conditioning units is increasingly resulting in load peaks in urban areas which are also augmenting the demand for mobile power plants to meet additional capacity requirements.

Market Segmentation
Supply chain studies show that the mobile power plant market is segmented by fuel type, application, power rating, and geography. By fuel type, the market is segmented into natural gas, diesel, and others. The natural gas segment is expected to have a significant market share due to rising environmental concerns. By application, the market is segmented into emergency power, oil and gas, remote area electrification, and others. The oil and gas segment is expected to hold a significant market share. However, the remote area electrification segment is expected to grow at a rapid pace owing to rising investment to provide electricity to the remote and coastal areas. By power rating, the market is segmented into 1-10 MW, 11-20 MW, and 21-50 MW. 21-50 MW segment is expected to have a significant market share owing to its wide usage in supplying electricity during power cuts due to natural calamities and to supply electricity to the off-grid and coastal areas. The market of the 11-20 MW segment is expected to grow in the coming years.

Geographically, the Middle East and Africa market is projected to have a significant market share of the global mobile power plants market share. The market share is projected on account of increasing investment to provide electricity to the remote areas of the region. The market of the Asia Pacific region is expected to grow at a rapid pace on account of increasing power cuts due to the rising number of natural calamities in the region, especially in Japan. 
The mobile power plant market is fragmented with hundreds of manufacturers. The players are expanding globally to mirror their customers’ requirements. As a result, they are increasingly integrating with other players. The key players include GE, APR Energy, Siemens AG, MYTILINEOS SA., PW Power Systems LLC, and Kawasaki Heavy Industries, Ltd among others.

Key Questions Answered in This Report:

  • What are the key regions having a significant market share?
  • What are the drivers and restraints of the market?
  • Who are the key market players in the market?
  • What is the market segmentation of the mobile power plant market?
  • What are the applications of the market?
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