In 2022, the global Mobile Power Plant market size was US$ 1053.3 million and it is expected to reach US$ 1455.2 million by the end of 2026, with a CAGR of 4.7% during 2022-2027.
Mobile Power Plant Market Overview
Mobile power plants are generally thermal electric type power plants, in which all the constituent equipment are mounted on a transport vehicle. These are used across applications requiring emergency power or in cases where the power need is temporary. These are mounted on a truck or tracked vehicle, on one or extra trailers, on a self-propelled chassis, or a railroad flatcar. Diesel and gas turbines are generally used as the primary motors for mobile power plants. In addition to the electric generator and primary motor, the equipment also includes the switching apparatus, a complete cable network, a control console, automation, and signaling systems, auxiliary equipment, and spare parts.These power plants offer flexible and de-centralized power generation with a fast provide of electricity to areas with limited infrastructure. These are used in case of occurrence of a natural hazard such as earthquake or floods. Other applications of these are to offer power for exploratory drilling rigs, machinery used in railroad construction and logging operations, and mobile film projectors. These serve as a primary power source at a location far away from central power transmission lines. They also serve as standby sources where other power is ordinarily available.The increasing electrification of remote areas have increased the requirement for mobile power plants to setup the power grids onsite power generation unit. Looking after the investment in done on the growth and improvement of natural gas type mobile power generator. This will be cost efficient and help in remote region electrification.
Industry News
GE's TM2500 mobile power plant brings 25 MW of power to Yangon in 60 daysGE announced that its TM2500 mobile power plant first delivered 25 MW of power on 25th July for the Yangon region, 60 days from the time the order was placed. GE and its consortium partner, Golden Green Energy Co Ltd (GGE) announced the handover of the 25 MW mobile gas turbine generator set to the Yangon Regional Government at a handover ceremony.
GE Brings Fast Power to Indonesia's Sulawesi Island with Its Power Plant on Wheels During a groundbreaking ceremony, with Governor of Gorontalo Rusli Habibie, GE (NYSE: GE) has announced that it will provide four TM2500* mobile gas turbine generator sets to Indonesia as part of the country’s forward-thinking energy plan to develop more than 35 gigawatts (GW) of new power by Previous year. The TM2500 units will be installed on the island of Sulawesi, in the Gorontalo province.
What are the major Applications, Types, and Regions for Mobile Power Plant Market?
Mobile Power Plant Market is segmented based on the type, applications, companies, and regions.
By Type, Mobile Power Plant Market has been segmented into
- Oil & Gas
- Emergency Power
- Remote Area Electrification
- Others
The end user’s industry application on Mobile Power Plant Market is,
- 1-10MW
- 10-25MW
- More than 25MW
Mobile Power Plant Market Regional Analysis
Asia Pacific region is set to dominate the mobile power plant market in the coming years owing to the rise in electrification projects, rise in oil and gas activities, and construction activities that require power for a specific period. The Middle East and Africa are also expected to witness a healthy investment for mobile power plants owing to rising oil and gas activities and electrification targets in the developing nations in the African region.
The report offers an in-depth assessment of the growth and other aspects of the Mobile Power Plant Market in important regions, including the
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The largest Market of Mobile Power Plant is Asia-Pacific, with a market share of about 32%, followed by Africa and South America, with a market share of 23% and 18%.
What is our Mobile Power Plant Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 4.7% during the review period (2022 to 2027).
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By Type
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- Oil & Gas
- Emergency Power
- Remote Area Electrification
- Others
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By Application
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- 1-10MW
- 10-25MW
- More than 25MW
- Others
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By Companies
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General Electric, Siemens, Solar Turbines, PW Power Systems, Kawasaki Heavy Industries, MWM, Meidensha, and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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99
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Mobile Power Plant Report
- Evaluate Mobile Power Plant market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Mobile Power Plant market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions What is the study period of this market?
The Mobile Power Plant Market is studied from 2022 - 2027.
What is the growth rate of Mobile power plant?
The Mobile Power Plant Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the key players in Mobile power plant?
General Electric, Siemens, Solar Turbines, PW Power Systems, Kawasaki Heavy Industries, MWM, Meidensha, and others.
What region does this Mobile power plant report covers?
North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Mobile power plant?
Oil & Gas, Emergency Power, Remote Area Electrification, Others
What are the major end-use applications of Mobile power plant?
1-10MW, 10-25MW, More than 25MW
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
