Market Analysis and Insights: Global Mobile Power Plant Market

A Mobile Power Plant, usually of the thermal electric type, with all equipment mounted on transport vehicles. Mobile power plants are used where the need for electric power is temporary.

High-speed diesels and gas turbines usually serve as the primary motors for a mobile power plant. In addition to the primary motor and the electric generator, the equipment also includes the switching apparatus, a complete cable network, a control console, automation and signaling systems, auxiliary equipment, and spare parts.

Due to the COVID-19 pandemic, the global Mobile Power Plant market size is estimated to be worth US$ 1107.9 million in 2022 and is forecast to a readjusted size of US$ 1533.8 million by 2029 with a CAGR of 4.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, 1-10MW accounting for % of the Mobile Power Plant global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Oil & Gas segment is altered to an % CAGR throughout this forecast period.

The global Mobile Power Plant market is relatively concentrated.The global leading players include General Electric, Siemens and PW Power Systems, with about 94% market shares.

The largest Market of Mobile Power Plant is Asia-Pacific, with market share of about 32%, followed by Africa and South America, with market share of 23% and 18%.

Global Mobile Power Plant Scope and Market Size

The global Mobile Power Plant market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Mobile Power Plant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


1-10MW

10-25MW

More than 25MW


Segment by Application


Oil & Gas

Emergency Power

Remote Area Electrification

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


General Electric

Siemens

PW Power Systems

Solar Turbines

Kawasaki Heavy Industries

MWM

Meidensha