Mobile Power Plant Market Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3489
Growing need to suffice the temporary power requirements along with increasing investments toward the electrification of remote localities will drive the mobile power plant market growth. Key benefits including minor site preparation along with ability to deliver power within few months will encourage their adoption. The systems are provided in a pre-commissioned and assembled state and requires limited piping interconnection and cabling work at the installation site.
Ability to be powered with multiple fuels including natural gas, LPG and diesel will stimulate the mobile power plant market. The systems are equipped with associated treatment and fuel handling systems packed in a fully trailer mounted form for quicker delivery to destined location. Growing demand across disaster prone areas along with ability of quick power delivery will positively enhance the industry outlook.
Paradigm shift toward clean energy resources along with growing adoption of natural gas as a fuel will foster the mobile power plant market. Respective government agencies have introduced stringent regulations pertaining to the carbon emissions. The systems are being deployed for a wide application purposes including oil & gas onshore rigs, remote electrification and emergency power requirements that will boost the product demand.
Growing demand for electricity across remote off grid locations including hotels & resorts, hospitals, educational institutes and others will accelerate the growth across mobile power plant market. In addition, ongoing government programs for providing electricity across villages non connected with a central power grid will augment the business growth. Large capital requirement for establishing a central power plant across coastal and rural areas is non feasible economically, owing to which the demand for mobile power generation will grow exponentially.
The Asia Pacific mobile power plant market is predicted to grow on account of robust electricity demand across India, Australia and Indonesia. Non uniformity in the grid network with limited point of connection to the end consumer will augment the industry landscape. Ongoing government focus to improve the national electrical infrastructure along with rapid commercialization and industrialization will enhance the business outlook.
Growing demand across natural disaster-prone locations along with onsite generation capability will drive the mobile power plant market size. The systems are widely deployed as stand by or in conjunction with main power plant to meet the additional power loads. In addition, easy transportation by trucks, shipment via railways, air and sea and roadways to meet the operational demand across diverse locations and ambient conditions will complement the industry outlook.
Eminent players operating across the mobile power plant industry include Siemens, Solar turbines Incorporated, General Electric, Vericor, APR Energy, PW Power Systems, Kawasaki Heavy Industries, Doosan, Mytilineos Sa, and Portableelectric.
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