June 8, 2018 - 3:27 PM EDT
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$1.73 Billion Mobile Power Plant Market 2018: Global Outlook to 2022 with Focus on Application, Fuel Type and Power Rating - ResearchAndMarkets.com

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The "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" report has been added to ResearchAndMarkets.com's offering.

The global mobile power plant market is estimated to grow at a CAGR of 4.56% from 2017 to 2022, to reach a projected market size of USD 1.73 Billion by 2022. The market growth would be driven by the increasing investments in remote area electrification and power requirement after frequent natural disasters.

The report segments the mobile power plant market by fuel type into natural gas/LPG, diesel, and others. The natural gas/LPG segment is estimated to hold the largest share of the mobile power plant market in 2017. Natural gas is clean, efficient, and affordable as compared to other fuels. These advantages of natural gas would drive the market for natural gas based mobile power plant.

The mobile power plant market, by power rating, is segmented into 1-10 MW, 11-20 MW, 21-50 MW. The 21-50 MW mobile power plant market has the largest market share in 2017 and is estimated to grow at the highest rate during the forecast period.

The report further segments the mobile power plant market by application into oil & gas rigs, emergency power, remote area electrification, and others. Emergency power is estimated to be the largest segment of the mobile power plant market, by value. Frequent natural disasters in countries such as Japan, China, US, and India are expected to drive the emergency power market during the forecast period.

Market Dynamics

Drivers

  • Absence of Power Infrastructure in Some Areas
  • Increasing Demand for Electricity in Remote Areas
  • Frequent Natural Disasters

Restraints

  • Non-Availability of Fuel in Remote Locations
  • Varied Regional Terrain Hindering Transportation

Opportunity

  • The UN Sustainable Energy for All Campaign

Challenge

  • Stringent Emission Regulations

Companies Mentioned

  • APR Energy
  • Ethos Energy
  • General Electric
  • Kawasaki Heavy Industries
  • Mapna Group
  • Meidensha
  • Metka
  • PW Power Systems
  • Siemens
  • Solar Turbines
  • Turbine Technology Services
  • Vericor

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Mobile Power Plant Market, By Application

7 Mobile Power Plant Market, By Fuel Type

8 Mobile Power Plant Market, By Power Rating

9 Mobile Power Plant Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/tccjx4/1_73_billion?w=4

ResearchAndMarkets.com
Laura Wood, Senior Manager
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Related Topics: Mobile Content, Battery Technology


Source: Business Wire (June 8, 2018 - 3:27 PM EDT)

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