Mobile Power Plant Market to Showcase Higher Revenue Growth Steered by Rising Investments 2019

The Global Mobile Power Plant Market accounted for US$ 1,619.2 Mn in 2018 and is expected to grow at a CAGR of 11.0% during the forecast period 2019 - 2027 to account to US$ 4,052.3 Mn by 2027.

Middle-East and Africa hold the majority revenue share of the mobile power plant market, followed by Asia-Pacific and North America. The fastest growing economies in the Asia-Pacific region are driving the market for the mobile power plant in sectors such as oil & gas, emergency power, and remote area electrification applications. Other developing regions such as the Middle East, Africa, and South America are anticipated to offer significant growth opportunities for mobile power plant market during the forecast period.

Increasing demand for electricity in developing regions plays a critical role in the growth of mobile power plant market in the current scenario. With increasing industrialization and economic development in developing regions such as Asia-Pacific, Africa, GCC Countries, and South America, the demand for electricity is growing at an impressive pace.

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The mobile power plant market ecosystem constitutes the following major stakeholders, namely: fuel providers, hardware/equipment providers, solution and service providers, regulatory bodies, and end-users. All these stakeholders are a part of a broader energy value chain, which consists of three major segments, namely fuel sources, power generation, and distribution, and end uses. The hardware/equipment providers and vendors include the companies that provide a host of components and hardware required for a mobile power plant. They include manufacturers and vendors of primary motors, electric generators, control panels/consoles, switching apparatus, cable network, auxiliary equipment, automation systems, signaling systems, spare parts, and other electronic components. A large number of solution and service providers of mobile power plant market are operating in the global mobile power plant market. The solutions and services offered by these providers are integrated as per the specific requirements of the end-users. The service providers provide integration, consulting, and various support services to the end-users.

Increasing Remote Area and Rural Area Electrification is anticipated to stimulate the Demand

Remote area electrification in developing and underdeveloped regions are expected to drive the growth of mobile power plant market. There are multiple World Bank Group projects running to explore means to provide modern energy services to the billions of people who do not have access to energy in developing countries. The lack of power hampers the social and economic development of these areas. Mobile power plants with advantages such as easy installation, portability, flexibility, affordable cost, and compatibility with multiple fuel sources present a solution for remote and rural area electrification. These mobile power plants are standalone systems mounted on movable vehicles that can be easily moved from one place to another.

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Global Mobile Power Plant Market – By Fuel Type

  • Natural Gas
  • Diesel
  • Others

Global Mobile Power Plant Market – By Application

  • Oil & Gas
  • Emergency Power
  • Remote Area Electrification

Global Mobile Power Plant Market – By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Indonesia
    • Rest of Asia Pacific
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Rest of South America

Mobile Power Plant Market - Company Profiles


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Posted by on Tuesday December 10 2019, 2:03 AM EDT. All trademarks acknowledged. Filed under Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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