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?
 Connect with us:
https://www.facebook.com/knowledgesourcing/
https://twitter.com/ksourcingi



Comments

Post a Comment

Popular posts from this blog

Global Industrial Safety Market: Market Research by Knowledge Sourcing Intelligence

Image
Industrial Safety Market to Reach $7.103 Billion by 2024 Industrial Safety Market is projected to expand at a CAGR of 7.72% to reach $7.103 billion by 2024, from $4.545 billion in 2018. Industrial safety refers to the policies and the protections put in place so that the workers in the industry can be protected from any injury and hazards. Process systems and safety controls are usually merged. The maintenance of a safe and healthy working environment is not only important for the people, but it is also a law, which is compulsory to be followed. Whether the workers are of entry-level, seasoned, or permanent, steps must be taken to minimize the risks and ensure the fulfillment of common safety standards and procedures. Industrial Safety Market comprises of sensors, logic solvers, and final control elements to ensure process safety in a plant when predetermined conditions are violated. The growth of the Industrial Safety Market is influenced significantly by gov
Read more

Global Laser Diode Market: Market Research by Knowledge Sourcing Intelligence

Image
The global laser diode market is anticipated to grow a decent CAGR. This impressive growth over the forecast period is because of the growing implementation of laser diodes in various applications across different industry verticals such as communication and optical storage, industrial, medical, military and defense, and instrumentation and sensor among others.  Key  factors contributing to the growth of the global laser diode market growth over the coming five years are determined to be technological advancements and extended knowledge about laser and allied technologies. Other contributing factors attributable to the growth of this market are growing awareness about laser diode and its uses, growing fiber laser market, and remarkable research in the Vertical-Cavity Surface-Emitting Laser (VCSEL) market. Many developments made in various semiconductor-based technologies have widened the application of laser diode technology in the healthcare sector and manufacturing processes. Gl
Read more

Global Wood Vinegar Market: Market Research by Knowledge Sourcing Intelligence

Image
Wood Vinegar Market: Agriculture Application to Hold Significant Market Share Introduction Wood vinegar is a byproduct of charcoal production. Wood vinegar controls plant growth and improves the quality of soil by eliminating pests. Wood vinegar helps in accelerating the growth of the roots, stems, leaves flowers, and fruit when applied in the appropriate quantity. However, it can have adverse toxic effects on plants when applied in large quantities. The wood vinegar market size is expected to increase due to growth in organic farming. The market of wood vinegar is segmented by method, application, and geography. By the method, the market is segmented into slow pyrolysis, intermediate pyrolysis, and fast pyrolysis. By application, the market is segmented into agriculture, animal feed, medicinal, and others. Drivers and restraints of Wood Vinegar Market Rising demand for chemical-free pesticides and other agrochemicals to enhance soil fertility is one of
Read more