Mobile Power Plant Market (By Fuel Type: Natural Gas/LPG, Diesel, Others (HFO, Biofuels etc.); By Power Type: 1-10 MW, 11-20 MW, 21-50 MW; By Application: Oil & Gas Rigs, Emergency power for natural disaster, Remote area electrification, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

Category : Energy and Power | Delivery Format : PDF | Status: Published | Pages : 190

The global mobile power plant market is anticipated to grow at a CAGR of around 4.5% during the forecast period 2020 to 2027 and to reach around US$ 2.0 Bn by 2027.

Market Dynamics

Increasing government spending on development of present infrastructure is resulting in construction and reconstruction activities across the globe this is resulting demand for mobile power plant in order to provide reliable and efficient power in case of emergency. With the focus on providing power to rural areas that frequently witness natural calamities. Damage to power infrastructure in this region affect the power supply creating hurdles in construction activities.

Major players are focused on introduction of innovative products in order to attract new customers along with approach towards agreements and partnerships is expected to further support the growth of target market.

  • In 2019, Siemens received the order from Bayat Power for its SGT-A45 mobile unit. The Siemens SGT-A45 mobile unit is the most powerful and efficient mobile gas turbine and it utilizes an aeroderivative gas turbine, which can provide capacity of up to 41 Megawatts (MW) of power at 50 Hertz (Hz).
  • In 2020, Solar Turbines introduced SMT60, a mobile power plant designed to offer 5 MW for applications include e-frac, gas gathering and processing, electric drilling and well completions. This is expected to help the company to increase the product portfolio and enhance the customer base.

In addition, major players focus on merger and acquisition activities in order to increase the profit share is another factor expected to further support the growth of target market

  • In 2019, APR Energy a global leader in specialized power solutions acquired Saavi Energía. This acquisition is expected to help the company presence in Mexico and enhance the customer base.

However, factors such as non-availability of fuel in remote location and regional terrain creating problems for transportation to the location are expected to hamper the growth of global mobile power plant market. In addition, stringent government regulation related to emission control is another factor expected to challenge the growth of target market.

Rising partnerships and agreements between regional and international players in order to increase the profit and enhance the customer base is important factor expected to create new opportunities for players operating in the target market over the forecast period. In addition, product development activities by players are responsible to further revenue support the growth of target market.

Mobile Power Plant Market Segment Analysis, 2019

The global mobile power plant market is segmented into fuel type, power rating, and application. The fuel type segment is bifurcated into natural gas/LPG, diesel, and others. Among application Oil & Gas Rigs segment is expected to account for significant revenue share in the global market.

Segment Analysis by Region

The market in North America is expected to account for significant revenue share owing to high government spending on oil & gas sector. In addition, presence of major players operating in the country coupled with introduction of new products is another factor expected to further support the growth of regional market.

Asia Pacific is expected to witness faster growth in the near future owing to rapid industrialization in emerging economies. In addition, government spending on development of present infrastructure and rising demand for mobile power plant in order to provide power to remote locations is another factor expected to further support the growth of target market.

Competitive Landscape

The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.

Report coverage

Market

 Global Mobile Power Plant Market

Analysis Period

2016 – 2027

Base Year

2019

Forecast Data

2020 – 2027

Market Stratification

Fuel Type, Power Type, Application, and Geography

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

 

The market research study on “Mobile Power Plant Market (Fuel Type: Natural Gas/LPG, Diesel, and Others; Power Type: 1-10 MW, 11-20 MW, and 21-50 MW; Application: Oil & Gas Rigs, Emergency power for natural disaster, Remote area electrification, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global mobile power plant market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global mobile power plant market segment by fuel type, power type, application and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global mobile power plant market size and segment markets by fuel type, power type, application and geography along with the information on companies operating in the market. The mobile power plant market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report GE, Siemens, APR Energy, Kawasaki Heavy Industries, PW Power Systems, Metka, Solar Turbines, Turbine Technology Services, Vericor, Mapna , Meidensha, and Ethos Energy.

Market Segmentation

Market By Fuel Type

  • Natural Gas/LPG
  • Diesel
  • Others (HFO, Biofuels etc.)

Market By Power Type

  • 1-10 MW
  • 11-20 MW
  • 21-50 MW

Market By Application

  • Oil & Gas Rigs
  • Emergency power for natural disaster
  • Remote area electrification
  • Others

Market By Region

North America

  • US
  • Canada

Europe

  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest if Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Meddle East & Africa


Frequently Asked Questions

The global mobile power plant market in 2027 is expected to be above US$ 2 Bn.

In application segment the oil & gas rigs is growing at faster pace.

The CAGR of the global mobile power plant market from 2020-2027 is above 4%.

In the global market the Asia Pacific region is expected to grow faster.

Some of the players considered in the report scope are Turbine Technology Services, Vericor, Mapna , Meidensha, and Ethos Energy.

Increasing government spending on development of present infrastructure is resulting in construction and reconstruction activities across the globe this is resulting demand for mobile power plant in order to provide reliable and efficient power in case of emergency.

Asia Pacific is expected to witness faster growth in the near future owing to rapid industrialization in emerging economies.

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