Mobile Power Plant Market Report: Trends, Forecast and Competitive Analysis to 2030

Mobile Power Plant Trends and Forecast

The future of the global mobile power plant market looks promising with opportunities in the oil & gas, emergency power, and remote area electrification markets. The global mobile power plant market is expected to reach an estimated $2 billion by 2030 with a CAGR of 18.5% from 2024 to 2030. The major drivers for this market are growing demand for electricity in remote locations, expansion of power grid and huge investment in infrastructure projects, as well as, growing economic growth and industrialization in underdeveloped areas.

A more than 150-page report is developed to help in your business decisions.

Mobile Power Plant by Segment

The study includes a forecast for the global mobile power plant by capacity, fuel type, application, and region.

Mobile Power Plant Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:

• 1-10 MW
• 10-20 MW
• Above 20 MW

Mobile Power Plant Market by Fuel Type [Shipment Analysis by Value from 2018 to 2030]:

• Natural Gas/LPG
• Diesel
• Others

Mobile Power Plant Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Oil & Gas
• Emergency Power
• Remote Area Electrification
• Others

Mobile Power Plant Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Mobile Power Plant Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mobile power plant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mobile power plant companies profiled in this report include-

• Siemens
• APR Energy
• Kawasaki Heavy Industries
• PW Power Systems
• GE
• Metka
• Solar Turbines
• Turbine Technology Services
• Vicor
• Ethos Energy

Mobile Power Plant Market Insights

Lucintel forecasts that above 20 MW is expected to witness the highest growth over the forecast period because of large-scale power generation requirements of various industries, rising need for emergency power generation, and growing demand to meet peak power demand.

APAC is expected to witness fastest growth over the forecast period due to growing investments in Southeast Asia's coastal electrification projects and a rise in the frequency of catastrophic disasters in China, Japan, and India.

Features of the Global Mobile Power Plant Market

Market Size Estimates: Mobile power plant market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Mobile power plant market size by capacity, fuel type, application, and region in terms of value ($B).

Regional Analysis: Mobile power plant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different capacity, fuel type, application, and regions for the mobile power plant market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mobile power plant market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the mobile power plant market size?

Answer: The global mobile power plant market is expected to reach an estimated $2 billion by 2030.

Q2. What is the growth forecast for mobile power plant market?

Answer: The global mobile power plant market is expected to grow with a CAGR of 18.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the mobile power plant market?

Answer: The major drivers for this market are growing demand for electricity in remote locations, expansion of power grid and huge investment in infrastructure projects, as well as, growing economic growth and industrialization in underdeveloped areas.

Q4. What are the major segments for mobile power plant market?

Answer: The future of the global mobile power plant market looks promising with opportunities in the oil & gas, emergency power, and remote area electrification markets.

Q5. Who are the key mobile power plant market companies?

Answer: Some of the key mobile power plant companies are as follows:

• Siemens
• APR Energy
• Kawasaki Heavy Industries
• PW Power Systems
• GE
• Metka
• Solar Turbines
• Turbine Technology Services
• Vicor
• Ethos Energy

Q6. Which mobile power plant market segment will be the largest in future?

Answer: Lucintel forecasts that above 20 MW is expected to witness the highest growth over the forecast period because of large-scale power generation requirements of various industries, rising need for emergency power generation, and growing demand to meet peak power demand.

Q7. In mobile power plant market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness fastest growth over the forecast period due to growing investments in Southeast Asia's coastal electrification projects and a rise in the frequency of catastrophic disasters in China, Japan, and India.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the mobile power plant market by capacity (1-10 MW, 10-20 MW, and above 20 MW), fuel type (natural gas/LPG, diesel, and others), application (oil & gas, emergency power, remote area electrification, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?