DUBLIN--(BUSINESS WIRE)--The "Global Captive Power Generation Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The captive power generation market will register a CAGR of more than 3% by 2023.
The increasing adoption of renewable energy sources in captive power generation will drive the market growth in the forthcoming years. Industries are making significant investments in renewable energy sources as they are less-carbon intensive and environmentally sustainable solutions. In addition, the declining costs of power generation is another significant factor contributing to the rising adoption of renewable energy sources. As a result, the rising use of renewable energy sources in captive power generation is expected to rise mainly due to its declining LCOE.
Sale of surplus power to the grid
One of the growth drivers of the global captive power generation market is the sale of surplus power to the grid. The purpose of installing captive power plants is to ensure continuous and uninterrupted power supply in industries.
Declining investments in the coal sector
One of the challenges in the growth of the global captive power generation market is the declining investments in the coal sector. Using other alternative fuels of coal such as renewables or natural gas could increase the cost of power generation for plant operators. Increased expenses will adversely affect the profitability and hinder the market growth.
The market appears to be moderately fragmented with the presence of several market players. Most of the companies are adopting the Industry 4.0, Industry 5.0 has already started paving its way into the manufacturing sector.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
- Doosan Corporation
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Comparison by end-user
- Metals and minerals - Market size and forecast 2018-2023
- Petrochemical - Market size and forecast 2018-2023
- Cement - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- RoW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Growing demand of CHP plants
- Industrial revolution - Industry 4.0 and Industry 5.0
- Development of smart cities
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Doosan Corporation
For more information about this report visit https://www.researchandmarkets.com/r/cfbkni