Press release
Temporary Power Market Share and Size 2018 – 2023 | Global Leader - Caterpillar Inc., Speedy Hire, Hertz Corporation | Global Market Forecast 2018 – 2023.
Geographically, the global temporary power market has been divided into North America, Europe, Asia Pacific and Rest of the World. Among these regions, North America dominated the temporary power market followed by the Asia Pacific and South America. The country that accounted for the major share in the temporary power market is the US. The factor that attributed to this growth is the T&D infrastructure that is aging which causes blackouts and frequent outages of power. The getting better construction industry in the North American region is the prime factor that is contributing towards the temporary power market growth. There are many countries around the globe that do not have access to electricity which will fuel the demand of temporary power market.
Key Players
Aggreko PLC (U.K.), Ashtead Group Plc (U.K.), Caterpillar Inc. (U.S.), Hertz Corporation (U.S.), Speedy Hire (U.S.), Smart Energy Solutions (UAE), Power Electrics (U.K.), United Rentals (U.S.), Cummins Inc.(U.S.), Rental Solutions and Services (UAE), APR Energy Inc. (U.S.) and Kohler (U.S.) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global temporary power market.
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Temporary Power Global Market – Segmentation
The scope of global temporary power market is segmented into three major segments which are explained below:
By Fuel Type
• Diesel
• Gas
• Others
By Generator Rating
• Less Than 80 KW
• 81-280 KW
• More Than 280 KW
By End Use
• Events
• Construction
• Mining
• Others
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Intended Audience
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
Regional Analysis :
North America region is projected to dominate the global temporary power market owing to the aging power transmission and distribution systems, which leads to frequent power outages and power cuts. The recovery of construction activities in the region is also expected to drive the growth of the market in the region. In Asia-Pacific region, many underdeveloped regions do not have proper access to electricity, thereby driving the growth of the market in the region.
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