The Temporary Power market is growing enormously owing to the lack of
reliable electricity supply, rise in construction and infrastructural
activities, and an increase in the number of planned events, triggering an
increasing demand for energy supply. the upcoming planned events worldwide, are
expected to foster the market growth, fuelling the demand for temporary power
systems.
Key Players:
Ashtead Group Plc (UK), Aggreko PLC (UK), Caterpillar Inc. (US), Speedy
Hire (US), Hertz Corporation (US), Smart Energy Solutions (UAE), United Rentals
(US), Power Electrics (UK), Cummins Inc. (US), APR Energy Inc. (US), Kohler
(US) and Rental Solutions Services (UAE).
Industry Highlights
The lack of permanent power supply facilities in some of the regions
especially in the developing nations is providing impetus to the market growth,
fulfilling the needs of the increasing population and urbanization.
Simultaneously, the rapid automation of industrial activities is leading to the
huge demand for reliable power backup, further adding to the growth of the
temporary power market. Market trends indicate that industrial infrastructure
is due for replacement if production levels and operational efficiency have to
be maintained. Temporary power supply unit allows builders and trades to work
where there is no permanent power connection. Temporary Power supplier
companies offer a comprehensive range of temporary power products for the
commercial, industrial and entertainment market segments.
Competitive Analysis
The well-established, temporary power market appears to be fiercely
competitive due to the presence of several large, small and new entrants
operating in the market. The market is estimated to witness an intensified
competition further.
Temporary Power Market Segmentation
The global Temporary Power Market is segmented on the basis of
fuel type, generator ratings, end-user and region.
By Fuel Types: Comprises Diesel, and Gas among others.
By Generator Ratings: Less than 80 kW, 81-280 kW, and More than 280
kW.
By End-Uses: Events, Construction, and Mining, among others.
By Regions: North America, Europe, APAC and the
Rest-of-the-World.
Temporary Power Regional Market Analysis
The market in the Asia Pacific region is emerging as another lucrative
market for temporary power due to the unavailability of proper access to the
electricity mainly in the underdeveloped regions. Several countries in the APAC
region still do not have 100% access to the electricity.
The North American region is expected to retain its dominance over the
global temporary power market attributing to the aging power transmission and
distribution systems, leading to frequent power outages.
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