This report provides exclusive insights into the COVID-19 impact on the Mobile Power Plant Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Mobile Power Plant Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Mobile Power Plant Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on mobile
power plant market provides in-depth analysis of segments and sub-segments in
the global as well as regional mobile power plant market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional mobile power plant market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global mobile power plant market. According to the report, the global
mobile power plant market is projected to grow at a CAGR of 5.2% over the
forecast period of 2019-2025.
Mobile power plants are generally thermal electric units in which
all the equipment is mounted on transport vehicles. They are mostly used in
places, such as exploratory drilling rigs, railroad construction, and logging
operations, where the primary power source is not available for a particular
Increasing demand for electric power is one of the major drivers
for the growth of the mobile power plant market across the globe. The other key
factor driving the growth of the market is the high frequency of natural
disasters. The growing incidence of natural disasters such as floods,
earthquakes, and storms are leading to power cuts and blackouts. So, countries
lying to such situations are spending heavily in mobile power solutions to
provide backup power in case of any emergency. Thus, the demand for quick and
flexible power generation options is rising across the globe. However,
uncertainty in fuel prices and emission regulations in some countries are some
major factors that may hamper the growth of the market over the forecast
period. Moreover, higher levels of economic growth and improvements in the
standards of living are expected to create beneficial growth opportunities for
the market over the coming years.
The Middle East & Africa holds the maximum market share in the
mobile power plant market over the forecast period due to the presence of a
large number of oil and gas fields in the region. Rising exploration activities
in the region, the low electrification rate also helps the market growth in the
region. Furthermore, minimal presence of grid infrastructure in the region,
especially in African where off-grid power generation solutions form a major
chunk of power supply. The Asia Pacific is anticipated to develop at a faster
rate over the forecast period. This is primarily attributed to the growing
investments in the oil & gas industry, especially China and India, along
with increasing demand for power in the region.
The report on the global mobile power plant market covers segments
such as power capacity, fuel type, and end user. On the basis of power capacity,
the sub-markets include 10 MW, 11 MW-20 MW, and above 20 MW. On the basis of
fuel type, the sub-markets include natural gas, diesel, and other fuel types.
On the basis of end user, the sub-markets include emergency power, oil and gas,
remote villages and communities, and other end users.
The report provides profiles of the companies in the market such
as APR Energy, Siemens, PW Power Systems, Kawasaki Heavy Industries, Turbine
Technology Services Corporation, Solar Turbines Incorporated, MAPNA Group,
Vericor, MEIDENSHA CORPORATION, and EthosEnergy.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the mobile power
plant market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.