Global Captive Power Generation Market 2019-2023

Global Captive Power Generation Market 2019-2023

About this market

The increasing adoption of renewable energy sources in captive power generation will drive the market growth in the forthcoming years. Industries are making significant investments in renewable energy sources as they are less-carbon intensive and environmentally sustainable solutions. In addition, the declining costs of power generation is another significant factor contributing to the rising adoption of renewable energy sources. As a result, the rising use of renewable energy sources in captive power generation is expected to rise mainly due to its declining LCOE. Technavio’s analysts have predicted that the captive power generation market will register a CAGR of more than 3% by 2023.

Market Overview

Sale of surplus power to the grid

One of the growth drivers of the global captive power generation market is the sale of surplus power to the grid. The purpose of installing captive power plants is to ensure continuous and uninterrupted power supply in industries.

Declining investments in the coal sector

One of the challenges in the growth of the global captive power generation market is the declining investments in the coal sector. Using other alternative fuels of coal such as renewables or natural gas could increase the cost of power generation for plant operators. Increased expenses will adversely affect the profitability and hinder the market growth.

For the detailed list of factors that will drive and challenge the growth of the captive power generation market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. Most of the companies are adopting the Industry 4.0, Industry 5.0 has already started paving its way into the manufacturing sector. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Captive Power Generation Market 2019-2023

Technavio recognizes the following companies as the key players in the global captive power generation market: ArcelorMittal, Doosan Corporation, LafargeHolcim, Siemens, and Wärtsilä.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the industrial revolution.”

According to the report, one of the major drivers for this market is the increasing adoption of renewable energy sources in captive power generation.

Further, the report states that one of the major factors hindering the growth of this market is the declining investments in the coal sector.

Companies Mentioned

ArcelorMittal
Doosan Corporation
LafargeHolcim
Siemens
Wärtsilä

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global electricity capacity market
      • Table Segments of global electricity capacity market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (GW)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Metals and minerals - Market size and forecast 2018-2023
      • Table Metals and minerals - Market size and forecast 2018-2023 (GW)
      • Table Metals and minerals - Year-over-year growth 2019-2023 (%)
    • Petrochemical - Market size and forecast 2018-2023
      • Table Petrochemical - Market size and forecast 2018-2023 (GW)
      • Table Petrochemical - Year-over-year growth 2019-2023 (%)
    • Cement - Market size and forecast 2018-2023
      • Table Cement - Market size and forecast 2018-2023 (GW)
      • Table Cement - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (GW)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (GW)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (GW)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (GW)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • ROW - Market size and forecast 2018-2023
      • Table ROW - Market size and forecast 2018-2023 (GW)
      • Table ROW - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing demand of CHP plants
    • Industrial revolution - Industry 4.0 and Industry 5.0
    • Development of smart cities
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ArcelorMittal
      • Table ArcelorMittal - Vendor overview
      • Table ArcelorMittal - Business segments
      • Table ArcelorMittal - Organizational developments
      • Table ArcelorMittal - Geographic focus
      • Table ArcelorMittal - Segment focus
      • Table ArcelorMittal - Key offerings
    • Doosan Corporation
      • Table Doosan Corporation - Vendor overview
      • Table Doosan Corporation - Business segments
      • Table Doosan Corporation - Organizational developments
      • Table Doosan Corporation - Geographic focus
      • Table Doosan Corporation - Segment focus
      • Table Doosan Corporation - Key offerings
    • LafargeHolcim
      • Table LafargeHolcim - Vendor overview
      • Table LafargeHolcim - Product segments
      • Table LafargeHolcim - Organizational developments
      • Table LafargeHolcim - Geographic focus
      • Table LafargeHolcim - Segment focus
      • Table LafargeHolcim - Key offerings
    • Siemens
      • Table Siemens - Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
    • Wärtsilä
      • Table Wärtsilä - Vendor overview
      • Table Wärtsilä - Business segments
      • Table Wärtsilä - Organizational developments
      • Table Wärtsilä - Geographic focus
      • Table Wärtsilä - Segment focus
      • Table Wärtsilä - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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