Market Scenario, Temporary power is an independent source of electric power, which supports the various sectors with the power supply in situations such as blackouts and power outage. It is a continuous, uninterrupted, and reliable power source which helps end users to run equipment and tools over an extended period. The key end users are events, utilities, construction, and mining, among others. Temporary power solutions help these end users to save lead time and capital expenditures. Moreover, these units can be installed and commissioned easily. Utilities is the key end user of temporary power market as utilities use temporary power sources in order to meet the increasing electricity demand during the peak hours., The key drivers of temporary power market are aging power infrastructure, rising construction activities, and increasing demand for reliable and continuous power. Most of the power infrastructure in developed countries is old and can result in power outages and blackouts, thereby disrupting the day-to-day operations. Moreover, blackouts can cause huge cost to the economy. So, temporary power solutions are deployed in order to maintain reliable and continuous power supply. Thus, all these factors are expected to drive the global temporary power market. However, the factors such as rising T&D investments globally and payment issues are going to restraint the global temporary power market. Surge in power outages and power failure and investments in renewable sector is expected to offer lucrative business opportunities to the global temporary power market. , Temporary power market has been segmented on the basis of fuel type, generator rating, and end user. Based on fuel type, the market is classified into up to diesel, gas, and others. The diesel segment is estimated to hold the largest share owing to its rising use in wide range of applications across all the industries including events, utilities, mining, construction, and so on. Based on generator rating, the market is classified into less than 80 kW, 81-280 kW, and above 280 kW. Among these, above 280 kW segment is expected to row at the highest CAGR as they are used in a majorly in wide range of applications in the utilities, oil & gas, and min

Market Scenario

Temporary power is an independent source of electric power, which supports the various sectors with the power supply in situations such as blackouts and power outage. It is a continuous, uninterrupted, and reliable power source which helps end users to run equipment and tools over an extended period. The key end users are events, utilities, construction, and mining, among others. Temporary power solutions help these end users to save lead time and capital expenditures. Moreover, these units can be installed and commissioned easily. Utilities is the key end user of temporary power market as utilities use temporary power sources in order to meet the increasing electricity demand during the peak hours.

The key drivers of temporary power market are aging power infrastructure, rising construction activities, and increasing demand for reliable and continuous power. Most of the power infrastructure in developed countries is old and can result in power outages and blackouts, thereby disrupting the day-to-day operations. Moreover, blackouts can cause huge cost to the economy. So, temporary power solutions are deployed in order to maintain reliable and continuous power supply. Thus, all these factors are expected to drive the global temporary power market. However, the factors such as rising T&D investments globally and payment issues are going to restraint the global temporary power market. Surge in power outages and power failure and investments in renewable sector is expected to offer lucrative business opportunities to the global temporary power market.

Temporary power market has been segmented on the basis of fuel type, generator rating, and end user. Based on fuel type, the market is classified into up to diesel, gas, and others. The diesel segment is estimated to hold the largest share owing to its rising use in wide range of applications across all the industries including events, utilities, mining, construction, and so on. Based on generator rating, the market is classified into less than 80 kW, 81-280 kW, and above 280 kW. Among these, above 280 kW segment is expected to row at the highest CAGR as they are used in a majorly in wide range of applications in the utilities, oil & gas, and mining sectors. The temporary power market by end user into events, utilities, construction, oil & gas, mining, manufacturing, and others. The events segment is expected to dominate the global temporary power market due to rising number of planned events globally.

Temporary power market by region is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. North America is expected to hold the largest share during the forecast period due to rising power demand and power generation capacity addition plans in the region. US and Canada are the key countries driving temporary power market in the North American region due to aging power grid infrastructure. Asia-Pacific is expected to grow at fastest rate during the forecast period owing to growing industrialization in the Southeast Asian countries such as Indonesia, Malaysia, Philippines, Thailand, and so on in the region and due to rising demand for continuous power supply in the region.

The global temporary power market is expected to expand at ~12.5% CAGR during the forecast period.

Market Segmentation

Intended Audience

The intended audience of global temporary power market are generator suppliers/distributors/manufacturers, generator rental companies, energy & power utilities, manufacturing & processing industries, power generation companies, environment research institutions, energy & power associations, and government & research organization.

Companies Covered

The players profiled in the report includes Aggreko Ltd. (UK), Atlas Copco (Sweden), Caterpillar Inc. (US), Cummins inc. (US), Kohler Co., Inc. (US), APR Energy PLC. (US), Atco Power Ltd. (Canada), Temp-Power, Inc. (US), Ashtead Group PLC. (UK), Speedy Hire PLC. (UK), United Rentals, Inc. (US), Hertz Equipment Rental Corporation (US), Smart Energy Solutions (New Zealand), Rental Solutions & Services LLC. (UAE), Trinity Power Rentals (Canada), and Diamond Environmental Services, LLC. (US).

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