Mobile Power Plant Market: Introduction

Presently, electricity has become a necessity rather than luxury, with many people claiming electricity to be a basic human right. However, a large chunk of global population resides in off-grid areas with minimal or no access to power in developing and under-developed nations. Power shortages are becoming a major hindrance to the economic development of developing countries. Therefore, the demand for quick and flexible power generation options is rising across the globe which are not only easy to setup but are also able to provide reliable power, thereby creating the demand for mobile power plants. Increasing frequency of natural disasters such as floods, earthquakes, and storms is leading to power cuts and blackouts; therefore, countries prone to such conditions are investing heavily in mobile power solutions to provide backup power in case of any emergency. The key feature of a mobile power plant is its ease of setup and deployability. This makes it an effective solution to provide power in any emergency and remote locations, as it requires minimal delay in plant setup.

In terms of power capacity, the global mobile power plant market can be segregated into upto 10 MW, 11 MW – 20 MW, and above 20 MW. The above 20 MW segment is estimated to account for a leading share of the global mobile power plant market due to its requirement during emergencies, or for providing power to villages and coastal areas. The 11 MW – 20 MW segment is anticipated to expand at a significant pace due to the rise in demand for electricity from the oil & gas industry in remote fields, and increasing demand for power from small villages in remote areas.

Mobile Power Plant Market: Key Segments

Based on fuel type, the global mobile power plant market can be segmented into natural gas, diesel, and others. Natural gas-based mobile power plants are expected to hold a dominant share of the global mobile power plant market. The segment is likely to expand at a rapid pace during the forecast period due to rising environmental concerns and increasing investment in gas infrastructure across the globe. The diesel-based segment is projected to expand at a sluggish pace during the forecast period due to increasing regulations and restrictions regarding greenhouse gas emissions from power plants. The others segment include renewable energy-, liquefied petroleum gas (LPG)-, and heavy fuel oil (HFO)-based mobile power plants.

In terms of end-use, the global mobile power plant market can be categorized into emergency power, oil & gas, remote villages & communities, and others. The oil & gas end-use segment is estimated to constitute a large share of the global market. However, the remote villages & communities segment is anticipated to expand at a rapid pace during the forecast period due to the increase in demand for power in remote and off-grid communities and rise in number of off-grid human settlements across the globe.

Mobile Power Plant Market: Regional Analysis

Based on region, the global mobile power plant market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Middle East & Africa is projected to lead the global market during the forecast period owing to the presence of a large number of oil & gas fields, increase in exploration activities in the region, low electrification rate, and 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 mobile power plant market in Asia Pacific is likely to expand at a rapid pace during the forecast period due to increasing investments in the oil & gas industry, especially China and India, along with increasing demand for power in the region.

Mobile Power Plant Market: Key Players

The global mobile power plant market is dominated by large players having strong presence across the globe. Some of the key players operating in the global mobile power plant market are General Electric, Caterpillar Energy Solutions, Solar Turbines Incorporated, MYTILINEOS SA, Siemens, Kawasaki Heavy Industries, Ltd, MAPNA Group, APR Energy, PW Power Systems LLC, and Aggreko.

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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

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