U.S. Mobile Gas Turbine Gensets Market Size By Fuel Type(CNG, LNG), By Power Rating(21-50MW, 11-20MW, and 1-10MW), By Application(power generation, oil & gas) And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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U.S. Mobile Gas Turbine Gensets Market Size By Fuel Type(CNG, LNG), By Power Rating(21-50MW, 11-20MW, and 1-10MW), By Application(power generation, oil & gas) And Forecast

U.S. Mobile Gas Turbine Gensets Market Size And Forecast

U.S. Mobile Gas Turbine Gensets Market size was valued at USD 1,343.31 Million in 2021 and is projected to reach USD 2,801.40 Million by 2030, growing at a CAGR of 9.13% from 2023 to 2030.

The market for mobile gas turbine gensets is rapidly expanding as a result of the rising demand for electricity in rural areas. Additionally, the frequency of natural disasters like floods and earthquakes is rising, which is propelling market expansion. The U.S. Mobile Gas Turbine Gensets Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Mobile Gas Turbine Gensets?

So, mobile gas turbine gensets? Basically, they're power plants that you can take anywhere! Imagine a thermal electric plant, but shrunk down and stuck on a trailer – ready to hit the road whenever you need it. They're a lifesaver when you need power fast, like during a planned shutdown or when disaster strikes. A gas turbine is usually what makes them tick. But it's not just the turbine and generator; it's everything! We're talking switching gear, a full cable network, auxiliary equipment, a control panel, automation & signaling systems, and even spare parts. It's a complete, ready-to-go power package! They're especially great for spots with a shaky infrastructure because they give you power wherever and whenever you need it. Picture an earthquake or flood – these can roll in and save the day. Plus, they're super useful for powering equipment when building railroads, helping with logging, or even powering those remote drilling rigs. Think of them as your go-to power source way out in the middle of nowhere, where power lines just don't reach. Or, they can be a reliable backup when the regular power grid decides to take a vacation.

U.S. Mobile Gas Turbine Gensets Market Overview

So, a "mobile gas turbine generator set" is really just a truck or trailer that's been souped up with its own mini power station – you know, an alternator and all that jazz. These things are awesome for temporary power solutions, especially when you're building new power lines or giving the old ones a check-up. And, let's be honest, they're a godsend as emergency backup power during a disaster or major outage. The best part? They're surprisingly small and light, even though they need water cooling! They're super reliable when it comes to starting up, which is a major win, and they're perfect for places where power's a no-show – like those remote oil exploration sites! These mobile generators are dependable, run like a dream, and can handle pretty much any environment you throw at them. Since they're compact, lightweight, and adaptable, moving them is a piece of cake. Plus, their clever design means they're a cinch to use, maintain, and repair if things go south.

Mobile gas turbine gensets are becoming super popular, particularly because more rural areas need electricity. Sadly, with all the recent floods and earthquakes, the market is getting an extra push. And let’s face it, a lot of places just don't have reliable electricity setups, which definitely helps. The rise in fracking for oil and gas in the U.S. should really boost market growth too. It’s not all sunshine and roses, though – the high cost of parts, some reliability concerns, and tricky troubleshooting are slowing things down a little. Even so, the future looks bright for mobile gensets in the U.S.! There’s a growing demand from the energy sector to keep up with power needs, and there's more and more investment to get these gensets running on renewable energy. Technology is changing everything, and a clean energy mobile generator would totally revolutionize power generation. It almost feels inevitable that clean mobile generator tech will become common, but we’re all wondering when. We're really excited about the next generation of generators!

U.S. Mobile Gas Turbine Gensets MarketSegmentation Analysis

U.S. Mobile Gas Turbine Gensets Market is segmented on the basis of Fuel Type, Power Rating, and Application.

U.S. Mobile Gas Turbine Gensets Market By Fuel Type

  • CNG
  • LNG
  • Others

To Get Summarized Market Report By Fuel Type- 

By fuel type, the U.S. mobile gas turbine gensets market is mainly segmented into CNG, LNG, and others. CNG holds the largest market share in the industry as it is the best gas and is preferably chosen with the aim to reduce the harmful carbon emissions in the environment and thereby be regarded as a “green gas.” CNG is best suitable for the sustainability parameter with its non-corrosive nature. Additionally, its availability in economical cost is the added advantage increasing the demand.

U.S. Mobile Gas Turbine Gensets Market By Power Rating

  • 21-50MW
  • 11-20MW
  • 1-10MW

To Get Summarized Market Report By Power Rating- 

Based on the power rating, the industry is bifurcated into 21-50MW, 11-20MW, and 1-10MW. 21-50MW is anticipated to dominate the mobile gas turbine gensets market owing to its excellent use in providing low-emission performance in various situations and water availability scenarios along with high reliability with a control system is expected to grow the market. Therefore, it makes a great choice for customers who need a tailored power generation solution.

U.S. Mobile Gas Turbine Gensets Market By Application

  • Power Generation
  • Oil & Gas
  • Others

To Get Summarized Market Report By Application- 

Think about where mobile gas turbines are used – it's mainly in areas like power generation, oil & gas, and a few other sectors. Right now, power generation is leading the pack, and a big reason is that more and more folks are using these mobile gas turbines in different ways to generate power. Think of them like tricked-out versions of jet engines boosting the demand for these markets! Plus, they're pretty great at delivering some of the cleanest, most efficient energy around, thanks to mobile gas turbine gensets. That's only going to make them even more popular. A lot of companies building these things in the U.S. are teaming up to get a bigger piece of the pie through partnerships and collaborations. And with the kind of money they're making, expect to see even more players jumping into the game soon, especially over the next few years.

Key Players

GE, Jereh Energy Equipment and Technologies Corporation, Solar Turbines Incorporated, Siemens, Mitsubishi Power Aero, and Kawasaki Heavy Industries are some prominent players in the market.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

• In August 2022, Kawasaki Heavy Industries, Ltd. announced that the M5A gas turbine, which launched in the market in November 2017 and has the world’s greatest efficiency in the 5 MW class, has surpassed 100,000 commercial operation hours. M5A gas turbines have been delivered to customers all over the world and have a reliability record that exceeds 99% in commercial operation.

• In February 2022, Solar Alliance Energy Inc. announced that it has completed the acquisition of a 389-kilowatt (“kW”) project in New York State from Abundant Solar Power Inc. to expand its business in 2022.

• In June 2022, Jereh announced that they were awarded an order for a set of Apollo direct drive turbine frac pumper in North America, with a contract value exceeding USD 30 million.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

VALUE(USD(MILLION))

KEY COMPANIES PROFILED

GE, Jereh Energy Equipment and Technologies Corporation, Solar Turbines Incorporated, Siemens, Mitsubishi Power Aero, and Kawasaki Heavy Industries

SEGMENTS COVERED

By Fuel Type, By Power Rating, and By Application.

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