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.
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.

Market Analysis and Insights: Global Captive Power Generation Market
The global Captive Power Generation market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Captive Power Generation market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Captive Power Generation market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Captive Power Generation market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Captive Power Generation market.

Global Captive Power Generation Scope and Market Size
Captive Power Generation market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Captive Power Generation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cogeneration
Tri-Generation
Quad-Generation
Normal

Segment by Application
Industrial
Commercial
Residential
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Wartsila
GE
Welspun Group, Reliance Industries
Vedanta Resources
Essar Energy
Jindal Power & Steel
Ultratech Cement Limited