Captive Power Generation Industrial and Market studies - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2016 - 2020
"Captive
Power Generation Market - Global Industry Analysis, Size, Share,
Trends, Analysis, Growth And Forecast, 2014 - 2020"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Burgeoning
power demand coupled with presence of cross-subsidy charge in the per
unit power generation cost are the key factors driving growth in the
global captive power generation market. Growing power demand
worldwide along with the increasing urbanization, industrialization
and a growing population is anticipated to boost growth in the global
captive power generation market. Captive power generation refers to
power generation plant set up by any individual or industry for its
own consumption; it may include a power generation plant set up by
association of persons or cooperative society for generation of power
primarily for use by members of such associations or cooperative.
Abysmal quality of power and the need for uninterrupted reliable
power is likely to accelerate growth in the global captive generation
market. The global captive power generation market is likely to grow
at a moderate rate in the future on account of factors mentioned
above. Moreover, growing need for assured power supply is likely to
fuel an additional growth in the global captive power generation
market.
Industry
sector is one of the largest power consuming sectors and is likely to
contribute the most to the growth of the global captive power
generation market. The global market for captive generation can be
fragmented on the basis of captive generation equipment, application,
and technology as well as on the basis of geography to depict an
overall picture of the market. Market on the basis of captive power
generation equipment can be segmented such as boiler, turbine,
generator, heat exchanger, heating ventilating air conditioning,
electricity precipitators, transformers, and other captive power
generation equipments. On the basis of application, the global
captive power generation market can be segmented as aluminum,
chemicals, sugar, iron and steel, fertilizer, cement, and power
generation among others. Captive power generation market on the basis
of technology can be segmented according to the mode of power
generation such as renewable, coal, gas, and diesel.
The
global captive power generation market is projected to rise at
moderate rate in the future. Market’s growth is primarily driven by
the increasing global power demand along with the rising cost of
electricity. The presence of cross-subsidy element in the power
tariff increases per unit cost of power generation; it is likely to
increase demand for captive power generation around the world. The
need for quality and reliable power along with reduced wastes and
fuel flexibility is also likely to drive growth in the captive power
generation market. Poor reliability and quality along with
non-availability of power have forced heavy industries to set up
their own captive power generation plants rather than to rely on the
power supply from the electricity grid. Increasing investment in
renewable energy sources for power generation is likely to drive
growth in the renewable captive power generation market. Symbiotic
relation of power generation technologies to the manufacturing
process is likely to augment growth in the global captive power
generation market.
The
global captive power generation market is steadily increasing and is
projected to grow at a moderate rate in the future. Asia Pacific
accounts for the highest market share in the global captive power
generation market; it is also expected to grow at the highest rate in
the future. India contributes the most to the growth of Asia
Pacific’s captive power generation market; poor quality,
reliability and non-availability are likely to drive the market’s
growth in the region.
Some
of the key players in the global captive power generation market
include Essar Energy, Hindalco, Jindal Steel & Power Ltd.,
Reliance Industries Limited, Ultratech Cement Limited, and Vedanta
Resources.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a
complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the
coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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