CAPTIVE POWER PLANT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)
The captive power plant market size is expected to reach US$ 61.14 Billion by 2030, from US$ 25.99 Billion in 2023, at a CAGR of 13% during the forecast period. Captive power plants are power generation facilities used by industries to provide electricity for their own requirements.
The captive power plant market is segmented by fuel type, power rating, end user, and region. By fuel type, the market is divided into diesel, gas, renewable energy, and others. The diesel segment accounted for the largest share in 2022 due to easy availability, cost-competitiveness, and compatibility with load variations.
Captive Power Plant Market Report Snapshots
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