Press release
Captive Power Generation Market: Competitive Dynamics & Global Outlook 2025
This report focuses on the key global Captive Power Generation players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Captive Power Generation with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Captive power generation is the power generation unit that has been set up by an industry or individual for its personal consumption. This might comprise a power generation unit or plant set up by a cooperative society or an association of people for the generation of power mainly for the use of its members.
The prime forces of the global captive power generation market are burgeoning demand for power coupled with the prevalence of cross-subsidy charge in the cost of generation of per unit of power. Mounting demand across the globe along with growing urbanization and industrialization and an incessantly rising world population is expected to boost the adoption of captive power generation. In the near future, the global captive power generation market is expected to grow at a steady and moderate rate. It has been anticipated that the market will be mainly driven by the growing demand for power and the sky rocketing costs of electricity. The demand for captive power generation is expected to intensify over the next couple of years due to the existence of the element of cross subsidy in power tariff and rise in per unit cost of power generation.
Asia Pacific is expected to remain one of the largest markets for captive power generation in light of robust manufacturing base of aluminum, steel and copper in China and India. Expansion of petrochemical refining capacity in Middle East on account of regulatory inclination to augment manufacturing sector output to cater growing domestic demand in automotive and construction applications is expected to fuel captive power generation market in the near future. The government of Mexico announced National Infrastructure Plan (NIP) from 2014 to 2018, intended for improving construction industry growth in energy, construction and transportation sectors.
In 2019, the market size of Captive Power Generation is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
Market Segment by Manufacturers, this report covers
Wartsila
GE
Welspun Group, Reliance Industries
Vedanta Resources
Essar Energy
Jindal Power & Steel
Ultratech Cement Limited
Market Segment by Type, covers
Cogeneration
Tri-Generation
Quad-Generation
Normal
Market Segment by Applications, can be divided into
Industrial
Commercial
Residential
Others
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Related Information:
North America Captive Power Generation Market Growth 2019-2024
United States Captive Power Generation Market Growth 2019-2024
Asia-Pacific Captive Power Generation Market Growth 2019-2024
Europe Captive Power Generation Market Growth 2019-2024
EMEA Captive Power Generation Market Growth 2019-2024
Global Captive Power Generation Market Growth 2019-2024
China Captive Power Generation Market Growth 2019-2024
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