Global Captive Power Generation Market Growth (Status and Outlook) 2023-2029

Global Captive Power Generation Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Captive Power Generation Industry Forecast” looks at past sales and reviews total world Captive Power Generation sales in 2022, providing a comprehensive analysis by region and market sector of projected Captive Power Generation sales for 2023 through 2029. With Captive Power Generation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Captive Power Generation industry.

This Insight Report provides a comprehensive analysis of the global Captive Power Generation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Captive Power Generation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Captive Power Generation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Captive Power Generation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Captive Power Generation.

The global Captive Power Generation market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Captive Power Generation market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cogeneration
Tri-Generation
Quad-Generation
Normal

Segmentation by application
Industrial
Commercial
Residential
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Wartsila
GE
Welspun Group, Reliance Industries
Vedanta Resources
Essar Energy
Jindal Power & Steel
Ultratech Cement Limited

Please note: The report will take approximately 2 business days to prepare and deliver.