CAPTIVE POWER PLANT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Captive Power Plant Market, By Fuel Type (Diesel, Gas, Renewable Energy, Others ), By Power Rating (Up to 1 MW, 1 MW – 5 MW, 5 MW – 10 MW, 10 MW – 15 MW, 15 MW – 20 MW, 20 MW – 50 MW, Above 50 MW), By End User (Industrial, Commercial, Residential, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Captive Power Plant Market Regional Insights

North America is expected to be the largest market for captive power plant during the forecast period, accounting for over 35% of the market share in 2023. The growth of the market in North America is attributed to rising industrialization, aging power infrastructure, and increasing reliability needs.
The Asia Pacific market is expected to be the second-largest market for captive power plant, accounting for over 25% of the market share in 2023. The growth of the market is attributed to rapid industrialization, government incentives, and increasing electricity deficiency in countries like India and China.
The Middle East & Africa market is expected to be the fastest-growing market for captive power plant, with a CAGR of over 17% during the forecast period. The growth of the market in the Middle East & Africa is attributed to growing investments in the oil and gas and construction sectors.

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East