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MarketsandMarkets, the world's second largest market research institution, recently released a report that driven by the electrification of remote areas and increased investment in power, the global mobile power station market demand will reach $1.
73 billion by 2022, with a compound annual growth rate of about 4.
56%.
The report segments the mobile power station market by fuel type into natural gas/LPG, diesel, and others
.
The natural gas/LPG segment will account for the largest share
of the mobile power station market in 2017.
Natural gas is clean, efficient and inexpensive
compared to other fuels.
These advantages of natural gas will drive the market development
of natural gas-based mobile power stations.
Based on power class, the mobile power station market is segmented into 1-10 MW, 11-20 MW, and 21-50 MW
.
The 21-50 MW mobile power station market had the largest market share in 2017 and is expected to grow
at the highest rate during the forecast period.
In terms of application fields, the mobile power station market is mainly used in oil and gas drilling platforms, emergency power supplies, electrification in remote areas, etc
.
Based on value estimates, emergency power is the largest segment
of the mobile power station market.
Countries with frequent natural disasters such as Japan, China, the United States, and India are expected to drive the emergency power market
during the forecast period.
By region, the Middle East and Africa region is expected to be the largest market
for mobile power plants.
The market growth in this region can be attributed to increasing investments in electrification of remote areas in Sub-Saharan Africa and the development of the
oil and gas sector in the region.
Asia Pacific is expected to be the fastest growing market
during the forecast period.
Increasing investments in electrification along the coasts of Southeast Asia and increasing power investments in India, Japan, and China in response to natural disasters will drive the future market
for mobile power stations.
On the other hand, the growth of the mobile power station market is hampered by multiple regional terrains, which hinders the transportation and fuel installation of mobile power stations, resulting in reduced
availability of mobile power stations.
From the perspective of suppliers, General Electric of the United States, Siemens of Germany, APR Energy of the United States, Kawasaki Heavy Industries of Japan, PW Power System of the United States, Metka of Greece, Solar Turbines of the United States, Meidiansha of Japan, etc.
will occupy an important share
of the global mobile power station market.
MarketsandMarkets, the world's second largest market research institution, recently released a report that driven by the electrification of remote areas and increased investment in power, the global mobile power station market demand will reach $1.
73 billion by 2022, with a compound annual growth rate of about 4.
56%.
The report segments the mobile power station market by fuel type into natural gas/LPG, diesel, and others
.
The natural gas/LPG segment will account for the largest share
of the mobile power station market in 2017.
Natural gas is clean, efficient and inexpensive
compared to other fuels.
These advantages of natural gas will drive the market development
of natural gas-based mobile power stations.
Based on power class, the mobile power station market is segmented into 1-10 MW, 11-20 MW, and 21-50 MW
.
The 21-50 MW mobile power station market had the largest market share in 2017 and is expected to grow
at the highest rate during the forecast period.
In terms of application fields, the mobile power station market is mainly used in oil and gas drilling platforms, emergency power supplies, electrification in remote areas, etc
.
Based on value estimates, emergency power is the largest segment
of the mobile power station market.
Countries with frequent natural disasters such as Japan, China, the United States, and India are expected to drive the emergency power market
during the forecast period.
By region, the Middle East and Africa region is expected to be the largest market
for mobile power plants.
The market growth in this region can be attributed to increasing investments in electrification of remote areas in Sub-Saharan Africa and the development of the
oil and gas sector in the region.
Asia Pacific is expected to be the fastest growing market
during the forecast period.
Increasing investments in electrification along the coasts of Southeast Asia and increasing power investments in India, Japan, and China in response to natural disasters will drive the future market
for mobile power stations.
On the other hand, the growth of the mobile power station market is hampered by multiple regional terrains, which hinders the transportation and fuel installation of mobile power stations, resulting in reduced
availability of mobile power stations.
From the perspective of suppliers, General Electric of the United States, Siemens of Germany, APR Energy of the United States, Kawasaki Heavy Industries of Japan, PW Power System of the United States, Metka of Greece, Solar Turbines of the United States, Meidiansha of Japan, etc.
will occupy an important share
of the global mobile power station market.
