Temporary power serves as an independent power source which provides uninterrupted electricity during blackouts and power outage scenarios. Frequent power cuts in hospitals and construction sites are often dangerous and can result in substantial losses. Temporary power sources play a crucial role in these type of cases. Also, there has been a global demand for such power sources for planned events and utilities. Thus, the current market landscape for temporary power holds huge potential for market leaders during the forecast period.
MARKET DYNAMICS
The temporary power market is anticipated to grow in the forecast period owing to driving factors such as aging and unreliable power infrastructure and demand for continuous power supply in various end-use sectors. Also, a sudden power outage may disrupt critical operations and can result in substantial economic loss. This factor is further expected to generate the demand for temporary power among industries. However, increasing global investments in transmission and distribution infrastructure may negatively influence the growth of the temporary power market during the forecast period. On the other hand, rising construction activities are expected to showcase growth opportunities for the temporary power market in the coming years.
MARKET SCOPE
The "Global Temporary Power Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of temporary power market with detailed market segmentation by fuel type, generator rating, application, and geography. The global temporary power market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading temporary power market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global temporary power market is segmented on the basis of fuel type, generator rating, and application. Based on fuel type, the market is segmented as diesel, gas, and others. On the basis of the generator rating, the market is segmented as less than 80 kW, 81-280 kW, and above 280 kW. The market on the basis of the application is classified as oil & gas, construction, manufacturing, mining, utilities, events, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global temporary power market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The temporary power market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting temporary power market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the temporary power market in these regions.
MARKET PLAYERS
The reports cover key developments in the temporary power market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from temporary power market are anticipated to lucrative growth opportunities in the future with the rising demand for temporary power in the global market. Below mentioned is the list of few companies engaged in the temporary power market.
The report also includes the profiles of key temporary power companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Aggreko PLC
- APR Energy
- Ashtead Group plc
- Atlas Copco
- Caterpillar Inc.
- Cummins Inc.
- Kohler Co.
- Rental Solutions and Services (RSS)
- Smart Energy Solutions (SES)
- Trinity Power
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.