Global Mobile Power Plant Market is Forecast to Achieve a Revenue Earning of USD 1.73 billion by the End of 2022


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The mobile power plant market is projected to succeed in USD 1.73 billion by 2022, growing at a CAGR of 4.56% from 2017 to 2022. The report helps resolution suppliers perceive the heartbeat of the market and provides insights into market drivers.


Bharat Book Bureau Provides the Trending Market Research Report on “Global Mobile Power Plant Market, Forecast to 2022” under Energy & Utility category. The report provides information on industry overview, market size, latest developments, industry trends, Key Players, global presence, and their future prospects.

Mobile Power Plant Market is projected to grow at a CAGR of 4.56% from 2017 to 2022

The mobile power plant market is projected to reach USD 1.73 billion by 2022, growing at a CAGR of 4.56% from 2017 to 2022. The growth of the mobile power plant market can be attributed to an increase in remote area electrification, frequent natural disasters across the globe, and increase in onshore oil & gas rigs. Concerns regarding emission regulations imposed by various agencies are the major challenges faced by the players in this market.

Request a free sample copy of Mobile Power Plant Market Report @ https://www.bharatbook.com/request-sample/310284

The remote area electrification segment is expected to grow at the highest CAGR from 2017 to 2022

The remote area electrification segment is estimated to grow at the highest CAGR in the mobile power plant market during the forecast period. The increase in the global remote area electrification has accentuated the need for the development of onsite power generation systems. A centralized power generation system requires a huge capital investment, which is not feasible in rural and coastal regions of the world. Hence, the demand for onsite fast power generation solutions such as mobile power plant has increased for remote area electrification.

Natural Gas/LPG: The largest market for mobile power plant, by fuel type

Natural gas/LPG is estimated to hold the largest share of the mobile power plant market in 2016 and is expected to grow at a decent pace during the forecast period. Natural gas is considered as a cheap and clean fuel, which is one of the major driving factors for the growth of the natural gas mobile power plant market. The IEA predicts that natural gas will gain a stronger foothold in South and East Asia in countries such as China and India.

Asia Pacific: The fastest growing market for mobile power plant

Asia Pacific is estimated to be the fastest-growing market for mobile power plant during the forecast period. The market growth in the region can be attributed to the recent developments in remote area electrification in Indonesia, India, and Australia. The increase in the number of natural disasters is also likely to boost the demand for a mobile power plant in the region during the forecast period. The increasing number of onshore oil and gas rigs would further raise the demand for the mobile power plant market in the near future.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows:

- By Company Type: Tier 1- 20%, Tier 2- 55%, Tier 3- 25%
- By Designation: C-Level- 35%, D-Level- 30%, Others- 35%
- By Region: North America- 15%, Europe- 20%, Asia Pacific- 30%, South America- 25%, and Middle East and Africa- 10%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 1 billion, Tier 2 = From USD 100 million to USD 500 million, and Tier 3 = <USD 100 million.

The key players in the mobile power plant market include GE (US), Siemens (Germany), APR Energy (US), Kawasaki (Japan), PW Power systems (US), and Metka (Greece).

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