Market Overview:
The global captive power generation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for reliable and uninterrupted power supply. In addition, the growing industrial sector across the globe is also fueling the growth of captive power generation market. Based on type, cogeneration held a dominant position in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its high efficiency as compared to other types of captive power generation systems such as tri-generation and quad-generation systems.
Product Definition:
Captive power generation is the use of on-site power generation to meet a facility's electrical needs. This can be done through the use of generators or turbines that are fueled by diesel, natural gas, or other sources. Captive power generation is important because it allows facilities to have greater control over their energy costs and helps ensure a reliable supply of electricity.
Cogeneration:
Cogeneration is the simultaneous generation of both electricity and heat energy from a single fuel source. It is done by using the waste heat from one process to generate energy for another process or useful application. The main advantages of cogeneration are that it provides thermal efficiency, reduces carbon emissions, and uses less fuel than conventional power plants.
Tri-Generation:
Tri-generation is the simultaneous generation of electricity, steam and heat. It is used in various industries such as chemical, paper & pulp, power generation and others. The process involves three main components namely boiler feed water heating system and super heaters which are used to drive turbines for electricity production or direct application.
Application Insights:
The industrial application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth during the forecast period. Increasing demand for power generation solutions in manufacturing, industrial and other commercial sectors is anticipated to drive industry expansion over the coming years.
Captive power plants are widely used across various residential, commercial and industrial applications as they offer cost-effective electricity with high reliability owing to their advanced technology features such as automatic control systems that ensure continuous operation even in case of emergency situations without human intervention. Increasing demand for energy efficient lighting & appliances coupled with rising concerns regarding greenhouse gas emissions are expected to drive residential construction activities which will subsequently fuel market growth during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and rapid urbanization in the region. The growth can be attributed to rising GDP per capita, expanding middle class population, improving standards of living along with government support for promoting investments in various sectors including power generation.
Increasing demand for electricity across emerging economies including China and India coupled with growing need for clean energy sources is anticipated to drive captive power generation sector over the forecast period.
Growth Factors:
- Increasing demand for captive power generation from industrial and commercial sectors to meet the rising electricity demand
- Government initiatives for promoting captive power generation in order to reduce the load on grid infrastructure and promote energy security
- Favorable regulatory environment for captive power plants, with tax benefits and easier approvals process
- Growing popularity of co-generation and trigeneration systems that offer higher efficiency and lower emissions
- Rising prices of diesel and other fuels used in backup generators, leading to increased adoption of renewable energy sources like solar PV
Scope Of The Report
Report Attributes
Report Details
Report Title
Captive Power Generation Market Research Report
By Type
Cogeneration, Tri-Generation, Quad-Generation, Normal
By Application
Industrial, Commercial, Residential, Others
By Companies
Wartsila, GE, Welspun Group, Reliance Industries, Vedanta Resources, Essar Energy, Jindal Power & Steel, Ultratech Cement Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Captive Power Generation Market Report Segments:
The global Captive Power Generation market is segmented on the basis of:
Types
Cogeneration, Tri-Generation, Quad-Generation, Normal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wartsila
- GE
- Welspun Group, Reliance Industries
- Vedanta Resources
- Essar Energy
- Jindal Power & Steel
- Ultratech Cement Limited
Highlights of The Captive Power Generation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cogeneration
- Tri-Generation
- Quad-Generation
- Normal
- By Application:
- Industrial
- Commercial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Captive Power Generation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Captive power generation is a technology that uses the heat from a fuel to create electricity. This type of power generation can be used in places where there is no access to an outside source of electricity, such as in remote areas or during natural disasters.
Some of the key players operating in the captive power generation market are Wartsila, GE, Welspun Group, Reliance Industries, Vedanta Resources, Essar Energy, Jindal Power & Steel, Ultratech Cement Limited.
The captive power generation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Captive Power Generation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Captive Power Generation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Captive Power Generation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Captive Power Generation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Captive Power Generation Market Size & Forecast, 2018-2028
4.5.1 Captive Power Generation Market Size and Y-o-Y Growth
4.5.2 Captive Power Generation Market Absolute $ Opportunity
Chapter 5 Global Captive Power Generation Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Captive Power Generation Market Size Forecast by Type
5.2.1 Cogeneration
5.2.2 Tri-Generation
5.2.3 Quad-Generation
5.2.4 Normal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Captive Power Generation Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Captive Power Generation Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Captive Power Generation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Captive Power Generation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Captive Power Generation Analysis and Forecast
9.1 Introduction
9.2 North America Captive Power Generation Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Captive Power Generation Market Size Forecast by Type
9.6.1 Cogeneration
9.6.2 Tri-Generation
9.6.3 Quad-Generation
9.6.4 Normal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Captive Power Generation Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Residential
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Captive Power Generation Analysis and Forecast
10.1 Introduction
10.2 Europe Captive Power Generation Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Captive Power Generation Market Size Forecast by Type
10.6.1 Cogeneration
10.6.2 Tri-Generation
10.6.3 Quad-Generation
10.6.4 Normal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Captive Power Generation Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Residential
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Captive Power Generation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Captive Power Generation Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Captive Power Generation Market Size Forecast by Type
11.6.1 Cogeneration
11.6.2 Tri-Generation
11.6.3 Quad-Generation
11.6.4 Normal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Captive Power Generation Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Residential
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Captive Power Generation Analysis and Forecast
12.1 Introduction
12.2 Latin America Captive Power Generation Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Captive Power Generation Market Size Forecast by Type
12.6.1 Cogeneration
12.6.2 Tri-Generation
12.6.3 Quad-Generation
12.6.4 Normal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Captive Power Generation Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Residential
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Captive Power Generation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Captive Power Generation Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Captive Power Generation Market Size Forecast by Type
13.6.1 Cogeneration
13.6.2 Tri-Generation
13.6.3 Quad-Generation
13.6.4 Normal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Captive Power Generation Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Residential
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Captive Power Generation Market: Competitive Dashboard
14.2 Global Captive Power Generation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wartsila
14.3.2 GE
14.3.3 Welspun Group, Reliance Industries
14.3.4 Vedanta Resources
14.3.5 Essar Energy
14.3.6 Jindal Power & Steel
14.3.7 Ultratech Cement Limited
