Global Captive Power Generation Market: Global Industry Analysis and Forecast (2019-2026)


Posted August 19, 2020 by vivekthorat

Global Captive Power Generation Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of XX % during a forecast period.
 
Global Captive Power Generation Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of XX % during a forecast period.



Captive power plants are a system of distributed generation, which generating power close to the source of usage. The benefits of captive power generation include reduced distribution and transmission losses, and superior thermal efficiency.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Increasing population, rapid industrialization, and urbanization are expected to boost captive power generation market growth. The high industrial power tariff in the end user industry is one of the key drivers in the global captive power generation market. The increasing need for a reliable power supply coupled with energy-efficient technologies is expected to increase the adoption of cogeneration plants. The rising popularity of solar captive power generation in light of regulatory preference in countries like Germany and Mexico is expected to encourage solar energy output during the forecast period (2018-2026).

Increasing expenditure on hydraulic fracturing, which is expected to increase the production output of shale gas and tight oil in the developed countries can pose a challenging threat for the captive power generation market. On the other hand, the shortage of coal can be adverse effects the operations and exposes the production of various end-products like steel, cement, aluminum, and fertilizers, which is expected to limit the growth in the global captive power generation market.

The metals & minerals segment is expected to hold the major market share in the captive power generation market. The industry is one of the maximum energy consumers. Growing demand for metals, chemicals, and cement on account of increasing application of construction, automotive and electronics industries is projected to stimulate the captive power generation market during the forecast period. High electricity consumption in the utility sector for steel manufacturing is encouraging key players to establish captive power generation plants in the locality. The increase in the prices in aluminum manufacturing is playing an important role in the growing importance of captive power generation. Favorable government support to support foreign investments is projected to have a positive influence on captive power generation market during the forecast period (2018-2026).

The Asia Pacific is expected to grow significantly in captive power generation market. The growth in the market is attributed to the growing number of energy-intensive industries in the region. In the region, power availability is one of the key problems in many developing and under-developed countries. Increasing demand for unreliable power supply is expected to increase the need for the captive power generation plant.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the captive power generation market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the captive power generation market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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Last Updated August 19, 2020