Captive Power Plant Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Captive Power Plant Market Report is Segmented by Fuel Source (coal, Gas, Diesel, Renewable, and Others), Industry (cement, Steel, Metals and Minerals, Petrochemicals, and Other Industries), and Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The Report Offers the Market Size and Forecasts for Captive Power Plants in Revenue (USD) for all the Above Segments.

Captive Power Plant Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Captive Power Plant Market Size

Captive Power Plant Market Summary
Study Period 2020 - 2030
Market Size (2025) USD 227.85 Billion
Market Size (2030) USD 310.85 Billion
CAGR (2025 - 2030) 6.41 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Captive Power Plant Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Captive Power Plant Market Analysis

The Captive Power Plant Market size is estimated at USD 227.85 billion in 2025, and is expected to reach USD 310.85 billion by 2030, at a CAGR of 6.41% during the forecast period (2025-2030).

  • Over the medium term, though the power generation industry is well-established in most countries, the limitations that the utilities have to provide high-quality power round the clock to the industrial users force the industries to establish captive power plants. Moreover, the remote location of some of these industries and the unreliability of the power supply (especially in developing and underdeveloped countries) are the factors promoting the installation of captive power plants.
  • On the other hand, high capital and operational expenditures are limiting the growth of captive power plants in underdeveloped regions across the world.
  • Nevertheless, the expansion of energy-intensive industries in African countries such as Nigeria, Angola, and Ghana is expected to provide a significant opportunity for captive power plant equipment manufacturers and developers in the near future.
  • Asia-Pacific has dominated the captive power plant market, with the majority of the demand coming from China, India, and Japan.

Captive Power Plant Industry Overview

The captive power plant market is consolidated. Some of key players in this market (not in particular order) include Kohler Co., General Electric Company, Wärtsilä Oyj Abp, Bharat Heavy Electricals Limited, and Siemens AG., among others.

Captive Power Plant Market Leaders

  1. Kohler Co.

  2. General Electric Company

  3. Wartsila Oyj Abp

  4. Siemens AG

  5. Bharat Heavy Electricals Limited

  6. *Disclaimer: Major Players sorted in no particular order
Captive Power Plant Market Concentration
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Captive Power Plant Market News

  • September 2022: Tata Power Renewable Energy (TPREL) announced a collaboration with Viraj Profile, a stainless steel manufacturer, to set up a 100 MW captive solar plant. The company will develop the Nandgaon plant at its Nasik site, and it will power the Tarapur Plant of Viraj Profile.
  • June 2022: Cipla Limited, in partnership with AMP Energy India, announced the commercial operation of additional capacity of a captive renewable energy power plant in Maharashtra and Karnataka. The company commissioned a 30 MWp solar project in Tuljapur, Maharashtra, in 2021, to which it has further added around 16 MWp of solar capacity for supplying renewable energy for its manufacturing facilities in the state.

Captive Power Plant Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Increasing Power Demand across Industrial Sector
    • 4.5.1.2 Remote Location of Several Industries and the Unreliability of the Power Supply
    • 4.5.2 Restraints
    • 4.5.2.1 High Capital and Operational Expenditures
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Fuel Source
    • 5.1.1 Coal
    • 5.1.2 Gas
    • 5.1.3 Diesel
    • 5.1.4 Renewable
    • 5.1.5 Other Fuel Sources
  • 5.2 Industry
    • 5.2.1 Cement
    • 5.2.2 Steel
    • 5.2.3 Metal & Minerals
    • 5.2.4 Petrochemicals
    • 5.2.5 Others
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 France
    • 5.3.2.3 United Kingdom
    • 5.3.2.4 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 South Korea
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 South Africa
    • 5.3.5.4 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Kohler Co.
    • 6.3.2 General Electric Company
    • 6.3.3 Wartsila Oyj Abp
    • 6.3.4 Siemens AG
    • 6.3.5 Bharat Heavy Electricals Limited
    • 6.3.6 Tata Power Renewable Energy
    • 6.3.7 AMP Solar Group Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Expansion of Energy Intensive Industries in African Countries such as Nigeria, Angola, And Ghana
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Captive Power Plant Industry Segmentation

A captive power plant is a facility that offers a localized energy source to a power user. These users are typically industrial complexes, large offices, or data centers. These plants may operate in grid parallel mode with the ability to export surplus electricity to the local electricity distribution network. On the other hand, they can operate independently of the local electricity distribution system.

The captive power plant market is segmented by fuel use, industry, and geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). By fuel use, the market is segmented into coal, gas, diesel, renewable, and others. By industry, the market is segmented into cement, steel, metal & minerals, petrochemicals, and other industries. The report also covers the market size and forecasts for the market for captive power plants across major regions. 

For each segment, the installed capacity and forecasts have been done based on revenue (USD).

Fuel Source Coal
Gas
Diesel
Renewable
Other Fuel Sources
Industry Cement
Steel
Metal & Minerals
Petrochemicals
Others
Geography North America United States
Canada
Rest of North America
Europe Germany
France
United Kingdom
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle-East and Africa
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Captive Power Plant Market Research FAQs

How big is the Captive Power Plant Market?

The Captive Power Plant Market size is expected to reach USD 227.85 billion in 2025 and grow at a CAGR of 6.41% to reach USD 310.85 billion by 2030.

What is the current Captive Power Plant Market size?

In 2025, the Captive Power Plant Market size is expected to reach USD 227.85 billion.

Who are the key players in Captive Power Plant Market?

Kohler Co., General Electric Company, Wartsila Oyj Abp, Siemens AG and Bharat Heavy Electricals Limited are the major companies operating in the Captive Power Plant Market.

Which is the fastest growing region in Captive Power Plant Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Captive Power Plant Market?

In 2025, the Asia Pacific accounts for the largest market share in Captive Power Plant Market.

What years does this Captive Power Plant Market cover, and what was the market size in 2024?

In 2024, the Captive Power Plant Market size was estimated at USD 213.24 billion. The report covers the Captive Power Plant Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Captive Power Plant Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Captive Power Plant Industry Report

Statistics for the 2025 Captive Power Plant market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Captive Power Plant analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.