DUBLIN--(BUSINESS WIRE)--The "Mobile Power Plant Market by Fuel Type (Natural Gas/LPG, Diesel), Power Rating (1-10 MW, 11-20 MW, 21-50 MW), Application (Oil & Gas, Emergency Power, Remote Area Electrification), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Mobile Power Plant Market is Projected to Reach USD 1.73 Billion By 2022, Growing at a CAGR of 4.56% from 2017 to 2022.
The growth of the mobile power plant market can be attributed to an increase in remote area electrification, frequent natural disasters across the globe, and increase in onshore oil & gas rigs. Concerns regarding emission regulations imposed by various agencies are the major challenges faced by the players in this market.
The remote area electrification segment is estimated to grow at the highest CAGR in the mobile power plant market during the forecast period. The increase in the global remote area electrification has accentuated the need for the development of onsite power generation systems. A centralized power generation system requires a huge capital investment, which is not feasible in rural and coastal regions of the world. Hence, the demand for onsite fast power generation solutions such as mobile power plant has increased for remote area electrification.
Natural gas/LPG is estimated to hold the largest share of the mobile power plant market in 2016 and is expected to grow at a decent pace during the forecast period. Natural gas is considered as a cheap and clean fuel, which is one of the major driving factors for the growth of the natural gas mobile power plant market. The IEA predicts that natural gas will gain a stronger foothold in South and East Asia in countries such as China and India.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Mobile Power Plant Market, By Application
7 Mobile Power Plant Market, By Fuel Type
8 Mobile Power Plant Market, By Power Rating
9 Mobile Power Plant Market, By Region
10 Competitive Landscape
11 Company Profiles
- APR Energy
- Ethos Energy
- General Electric
- Kawasaki Heavy Industries
- Mapna Group
- PW Power Systems
- Solar Turbines
- Turbine Technology Services
For more information about this report visit https://www.researchandmarkets.com/research/dv3j5h/global_mobile?w=4