MarketsandMarkets, the world's second largest market research organization, recently released a report that due to the increase in electrification and power investment in remote areas, the global mobile power station market demand will reach 1.73 billion US dollars by 2022, and the compound annual growth rate is about 4.56%. Let's take a look at the related content with the network communication Xiaobian.
In the report, the mobile power station market is divided into natural gas/liquefied petroleum gas, diesel oil, etc. according to fuel type. In 2017, the natural gas/liquefied petroleum gas sector will account for the largest share of the mobile power plant market. Natural gas is cleaner, more efficient and less expensive than other fuels. These advantages of natural gas will drive the market development of natural gas based mobile power plants.
Divided by power class, the mobile power station market is divided into 1-10 MW, 11-20 MW, 21-50 MW. In 2017, the 21-50 MW mobile power plant market has the largest market share and is expected to grow at the highest rate during the forecast period.
According to the application field, the mobile power station market is mainly used in oil and gas drilling platforms, emergency power supplies, and electrification in remote areas. According to the value estimate, emergency power is the largest part of the mobile power station market. Countries with frequent natural disasters such as Japan, China, the United States and India are expected to promote the emergency power market during the forecast period.
By region, the Middle East and Africa are expected to be the largest markets for mobile power plants. Market growth in the region can be attributed to increased investment in electrification in remote areas of sub-Saharan Africa and the development of the oil and gas sector in the region. The Asia Pacific region is expected to be the fastest growing market during the forecast period. The increase in electrification investment in coastal areas of Southeast Asia and the increased investment in electricity in response to natural disasters in India, Japan and China will drive the future market for mobile power plants.
On the other hand, the growth of the mobile power station market is hampered by a variety of regional terrain, which hinders the transportation and fuel installation of mobile power stations, resulting in reduced availability of mobile power plants.
From the supplier's point of view, the United States General Electric, Germany's Siemens, the United States APR Energy, Japan's Kawasaki Heavy Industries, the United States PW Power System, Greece Metka, the United States Solar Turbines, Japan's Mingdian House will occupy a significant share of the global mobile power station market.
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