Scope of the Study
A mobile power plant or mobile electric power plant is a normal electric power plant with all equipment mounted on the transportable vehicle. Other words, it is a moveable power plant that can be quickly installable and required low fuel for the operations. The mobile power plant most of the time used for power generation in transportation systems that includes railroads, ships, automobiles, and airplanes. Low availability of power infrastructure in many geographical areas, increasing adoption due to frequent natural disasters and continuously increasing power requirement are the major driver for the market. However, low availability of fuel in some geographical areas, stringent emission regulations from many regional governments and lack of awareness about the mobile power plant and its benefits are the factors that have been limiting the overall growth of the market.
The market study is being classified and major geographies with country level break-up. According to AMA, the Global Mobile Power Plant market is expected to see growth rate of 5.67% and may see market size of USD1.97 Billion by 2024.
General Electic (United States), Siemens (Germany), APR Energy (United States), Kawasaki Heavy Industries (Japan), PW Power Systems (United States), Metka (Greece), Solar Turbines (United States), Turbine Technology Services (United States), Vericor (United States) and Mapna (Iran) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Meidensha (Japan) and Ethos Energy (United Kingdom).
In last couple decades, the global mobile power plant market was highly concentrated to very few players including General Electic, Siemens, APR Energy, Kawasaki Heavy Industries, PW Power Systems, Metka (Greece) and others. Thus the market was showing strategic monopoly in the moderately competitive environment. However, with respect to minimal initial investments in mobile power plant manufacturing has favored the number of new entrants to gain market share from the local market. The global leaders business might be affected due to new entrants. Moreover, the global leaders will continuously adopt strategic partnerships and technological developments to gain a competitive edge in the moderately competitive environmentThe Manufacturers having a strong hold in the market are General Electic, Siemens, APR Energy, Kawasaki Heavy Industries, PW Power Systems, Metka (Greece). Research Analyst at AMA predicts that United States and European Manufacturers will contribute to the maximum growth of Global Mobile Power Plant market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Mobile Power Plant market by Type, Application and Region.
On the basis of geography, the market of Mobile Power Plant has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Application , the sub-segment i.e. Oil & Gas Rigs will boost the Mobile Power Plant market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power Range, the sub-segment i.e. 1 to 10 MW will boost the Mobile Power Plant market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Natural Gas will boost the Mobile Power Plant market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Low Availability of Power Infrastructure in Many Geographical Areas
- Increasing Adoption due to Frequent Natural Disasters
- Continuously Increasing Power Requirement
- Innovation and Technological Advancement in GTCC and IGCC Technologies
- Low Availably of Fuel in Some Geographical Areas
- Stringent Emission Regulations from many Regional Governments
- Increasing Investment and Technological Advancement in the Oil and Gas Sector
- Lack of Awareness about Mobile Power Plant and its Benefits
Key Target AudienceMobile power plant manufacturers and suppliers, Mobile power plant system providers, Mobile power plant research institutes, Investors, Government and research organizations, National and local government organizations, Research organizations and consulting companies and Technology providers
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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