About Mobile Power Plant
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 5.67% |
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). Analyst at AMA Research estimates that United States and European Manufacturers will contribute the maximum growth to Global Mobile Power Plant market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Meidensha (Japan) and Ethos Energy (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Power Plant market by 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.
Influencing Trend:
Innovation and Technological Advancement in GTCC and IGCC Technologies
Market Growth Drivers:
Low Availability of Power Infrastructure in Many Geographical Areas, Increasing Adoption due to Frequent Natural Disasters and Continuously Increasing Power Requirement
Challenges:
Lack of Awareness about Mobile Power Plant and its Benefits
Restraints:
Low Availably of Fuel in Some Geographical Areas and Stringent Emission Regulations from many Regional Governments
Opportunities:
Increasing Investment and Technological Advancement in the Oil and Gas Sector
Market Leaders and their expansionary development strategies
In 2021, Aggreko plc announced a strategic agreement with Peaker Energy Group, a leading energy storage solutions provider. This collaboration aims to provide mobile and modular Battery storage systems to customers, enabling them to meet peak power demands, integrate renewable energy sources, and reduce carbon emissions.
In 2021, Doosan Mobility Innovation launched a new line of hydrogen fuel cell mobile power generators called the Doosan PureCell. These generators are designed for use in a wide range of applications, including construction sites, remote locations, and emergency backup power. They feature a compact and lightweight design, zero-emission operation, and high efficiency.
Key Target Audience
Mobile 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
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.