Global Captive Power Generation Market:
Global Captive Power Generation Market was valued US$ XX Bn in 2019 and is expected to reach XX Bn by 2027, at a CAGR of XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Captive Power Generation Market Dynamics
Captive power plants are system of distributed generation, which generate power close to the source of usage. The benefits of captive power generation include reduced distribution and transmission losses, and superior thermal efficiency.
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 (2019-2027).
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 adversely affect the operation and expose 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.
Global Captive Power Generation Market segment Analysis
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.
Global Captive Power Generation MarketRegional Insights
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.
Global Captive Power Generation Market, Key Highlights:
• Global Captive Power Generation Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Captive Power Generation Market
• Global Captive Power Generation Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Captive Power Generation Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Captive Power Generation Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Captive Power Generation Market are also profiled.
Scope of the Report for Global Captive Power Generation Market :Inquire before buying
Global Captive Power Generation Market, by End User
• Metals and minerals
• Petrochemical
• Cement
• Others
Global Captive Power Generation Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Captive Power Generation Market Key players
• Clarke Energy Limited
• Ducon Technologies Inc.
• Cethar Limited
• Thermax Limited
• SEPCO Electric Power Construction Corporation
• Enmas GB Power Systems Projects Limited
• L&T Power Development Limited
• Samsung C & T Corporation
• Wartsila Corporation
• General Electric Company
• Welspun India Ltd
• Vedanta Limited
• Essar Energy Plc.
• Wartsila
• Welspun Group
• Reliance Industries limited
• Vedanta Resources
• Essar Energy
• Jindal Power & Steel Ltd
• Ultratech Cement Limited.
• ArcelorMittal
• Doosan Corporation
• LafargeHolcim
• Siemens
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