How Captive Power Plant Market Will Dominate In Coming Years? Key Players: Wärtsilä, GE, Welspun Group, Reliance Power, Clarke Energy, Essar, Jindal Steel & Power Ltd., UltraTech Cement, Holtec Consulting Pvt Ltd., and Samsung C&T Corporation
Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/captive-power-plant-market-101446
Highlights of the Report
• The report offers a qualitative and quantitative analysis of the captive power plant market, mainly focusing on the growth trajectory.
• It covers important aspects of the market such as growth boosters, restraints, challenges, and opportunities that the market is currently offering
• The report presents information regarding the competitive landscape of the market, names of market players, market segmentation and current captive power plant market trends and industry developments in an elaborative manner.
• The report also throws light on key strategies such as product launches, company collaborations, installation of new machinery, mergers and acquisitions, investments in research and development, contracts, and others adopted by the market players.
Surge in Demand for Continuous and Reliable Power Supply to Drive Market
With an increase in urbanization and industrialization all around the world, there is a surge in demand for energy-efficient power systems too. Captive power plants help to provide power to the energy user. This is a major factor anticipated to increase the captive power plant market size in the coming years. Additionally, the rapid demand for reliable and continuous power supply across all commercial and industrial sectors is expected to boost the captive power plant market growth in the forecast period. Besides this, the decline in natural gas and crude oil production output will decrease the availability of power grid feedstock. This will amplify the need for captive power generation, thus increasing the captive power plant market revenue during the forecast period. The increasing demand for electricity in utility from the steel manufacturing industry is also expected to create captive power plant market growth opportunities in the coming years.
Ask for customization https://www.fortunebusinessinsights.com/enquiry/customization/captive-power-plant-market-101446
Expansion of Oil and Gas Sector to Help North America Witness Significant Market Growth
Fortune Business Insights foresees the market in North America will witness significant growth on account of initiatives taken by industrial parks and manufacturing companies to install their power generation units in the region. This, coupled with the geographical expansion of the oil and gas sectors, is anticipated to increase the captive power plant market size in the coming years.
On the other side, the persistent increase in power demand is promoting the growth of captive power plant installation in Europe, thus boosting the regional market. Additionally, the Asia Pacific market will witness a high captive power plant market share because of the frequent power outrage incidents that developing nations face.
Contracts, Agreements, and Strategic
Collaborations by Companies to Bode Well for Market
Companies functioning in the market are adopting strategies such as contracts and agreements, mergers and acquisitions, and company collaborations for better captive power plant market revenue generation. These strategies will help the market vendors obtain their foothold in the competition and thus increase their market size in the coming years.
Key Industry Developments
Some of the key industry developments in the captive power plant market include:
May 2017 – Hindalco Industries and GE entered into a collaborative agreement for upgrading the former’s captive power plant, situated in Uttar Pradesh, India. According to this agreement, two-stream turbines will be modified at the power plants for improving the turbine output up to 4MW each. This is anticipated to improve the efficiency and longevity of the plant by 20 years.
February 2018 – A contract worth Rs 1034 crore was given to Bharat Heavy Electricals by Hindustan Petroleum for the setting up of a captive power plant based on the gas turbine. This is done for the expansion of the Vikash Refinery project in Andhra Pradesh.
Have Any Query? Speak to Analyst at https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/captive-power-plant-market-101446
Some of the significant players operating in the captive power plant market are listed below:
• Holtec Consulting Pvt Ltd.
• Welspun Group
• UltraTech Cement
• Jindal Steel & Power Ltd.
• Samsung C&T Corporation
• Clarke Energy
• Reliance Powers
Key Market Driver – Expansion of small and medium scale industries along with rapid investment in industries
Key Market Restraint – Inclination towards renewable energy sources and strict environment regulatory
Key Segmental Overview:
1. By Fuel
2. By Industry
• Metals & Minerals
3. By Geography
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
For more information in the analysis of Captive Power Plant report https://www.fortunebusinessinsights.com/industry-reports/captive-power-plant-market-101446
Major Table of Content For Captive Power Plant Market:
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Captive Power Plant Market Analysis, Insights and Forecast, 2026
6. North America Captive Power Plant Market Analysis, Insights and Forecast, 2026
7. Europe Captive Power Plant Market Analysis, Insights and Forecast, 2026
8. Asia Pacific Captive Power Plant Market Analysis, Insights and Forecast, 2026
9. Middle East and Africa Captive Power Plant Market Analysis, Insights and Forecast, 2026
10. Latin America Captive Power Plant Market Analysis, Insights and Forecast, 2026
11. Competitive Landscape
12. Company Profile
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Fortune Business Insights™
LinkedIn | Twitter | Blogs
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release How Captive Power Plant Market Will Dominate In Coming Years? Key Players: Wärtsilä, GE, Welspun Group, Reliance Power, Clarke Energy, Essar, Jindal Steel & Power Ltd., UltraTech Cement, Holtec Consulting Pvt Ltd., and Samsung C&T Corporation here
News-ID: 2066818 • Views: 110
More Releases from Fortune Business Insights Pvt. Ltd.
What’s driving the Bucket Elevators Market Growth? Prominent Players: ZUTHER G …
The global bucket elevator market size is projected to reach USD 1,287.1 million by 2026, exhibiting a CAGR of 5.7% during the forecast period. Steady growth in the construction industry to be the key growth driver for this market, according to the new Fortune Business Insights™ report, titled “Bucket Elevator Market Size, Share & Industry Analysis, By Type (Centrifugal and Continuous), By Industry (Cement, Food & Beverages, Chemical, Power &
What's driving the Offshore Drilling Market Growth? Prominent Players: Archer - …
The global offshore drilling market size is slated to reach USD 56.97 billion by 2026, exhibiting a CAGR of 7.9% during the forecast period. Surging demand for electricity worldwide is expected to drive the growth of this market, states Fortune Business Insights™ in its new report, titled “Offshore Drilling Market Size, Share and Industry Analysis, By Rig Type (Drill-ships, Semi-submersibles, and Jackups), By Water Depth (Shallow Water, Deepwater, and Ultra-Deepwater),
What's driving the AC Drive Market Growth? Prominent Players: ABB, Siemens, Danf …
The global AC drives market size was USD 10.39 billion in 2018 and is projected to reach USD 15.62 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant
What's driving the Smart Building Market Growth? Prominent Players: Cisco, Hitac …
The global smart building market size was USD 43.64 billion in 2018 is projected to reach USD 109.48 billion by 2026, exhibiting a CAGR of 12.6% during the forecast period.The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant role in
More Releases for Power
Brisbane Power Electricians
Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and surrounds. We provide unparalleled 24 hour emergency electrical services to homes and businesses. Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and
Privacy through solar power
The vertical “Shadeplus” blind is to be operated via a new solar module Awnings are not only available as individual items, but also come in a double pack. One of these awnings protects against UV radiation and heat, and the other against glaring light. They achieve this with the assistance of solar power as a practical and simultaneously environmentally-friendly energy source The “pergola” by markilux has been available for quite some time
Temporary Power Generation/Power Rental Market Analysis by Leading Manufacturers …
A new research study from HTF MI with title Global Temporary Power Generation/Power Rental Market Size, Status and Forecast 2025 provides an in-depth assessment of the Temporary Power Generation/Power Rental including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Temporary Power Generation/Power Rental investments till 2022. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1191683-global-temporary-power-generation-power-rental-market-2 If you are involved in
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Kuwait Power Market to have Surplus Power
Electricity plays a major role in the development of a region, and the electricity generation, transmission and distribution infrastructure serves as a measure of progress in the region. Energy in the form of electricity has become an indispensable part of our everyday lives. Nowadays, power generation uses a variety of sources ranging from fossil fuels like coal and oil, to renewable sources like wind and solar. The energy mix for
Connectivity for power-applications
Halver, 18 June 2015 – At the SPS IPC Drives 2014 in Nuremberg, the connector- and housing specialist ESCHA presented connectivity for power applications. The 4-pole M12x1 connectors are predestinated for power transmission and are available as of now. With the newly developed products identified as ‘Power S‘ or ‘Power T‘, ESCHA offers a consistent- and a qualitatively high-grade M12x1-connectivity portfolio for sensors-, data-, and power supply. The trend moves towards