Temporary Power 2018 Market Size, Industry Growth and Development Trends |Global Industry Profiles Analysis Research Report to 2023

Market Overview:-
The global temporary power market is a very dynamic market and is expected to witness high growth over the forecast period. The increased application of temporary power across various sectors is majorly influenced by the growing demand for uninterrupted & reliable power supply. Also, the increasing number of power outages and power failure in the developing and underdeveloped countries across the world is creating a huge demand for power backup devices, which is catered through temporary power devices. As per the study conducted by Market Research Future, the global market for temporary power is likely to grow at the CAGR of around 10%.

The growth of the temporary power market is expected to be driven the rapid expansion of the construction and infrastructural activities along with the lack of electricity supply to back up those infrastructural expansions. The increase in the number of planned events worldwide, is driving the demand for temporary power systems, thereby triggering the growth of the market. The lack of permanent power in developing nations to fulfil the needs of the increasing population and the increase in urbanization, is also driving the growth of the market. The rapid automation of industrial activities is also leading to an immense need of continuous power backup, thus adding to the growth of the temporary power market.

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Industry Top 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.)
• Kohler (U.S.)

Industry News:-

In October, 2017 – Cummins, Inc. (NYSE: CMI) announced the new C125N6 and C150N6 models in the QSL8.9G Series. The Cummins commercial generator set is a fully integrated power generation system providing optimum performance, reliability, and versatility for stationary standby power applications.

In September, 2017 – Aggreko launched world’s first rental generator for use in hazardous zones. The 750 kVA unit is fully ATEX approved and has full safety features that allow it to be used in hazardous zones both on and offshore, and is believed to be a world first for generating electricity in areas at risk of explosion. Its unique ready-to-go design makes it ready for rapid deployment without the need for modification or additional set up, so saves time and cost, as well as saving space and reducing risk for personnel, the
site and all allied equipment.

In May, 2017 – Caterpillar introduced its all new CAT RP12000 E portable generators in U.S. and Canada. The new generator fills out the top of the series, delivering 12kW of running power and new features to meet the specific needs of the “pro-sumer” – emergency home back-up, DIY enthusiasts and contractors.

In March, 2017 – Dubai-based Rental Solutions & Services (RSS) purchased more than 300 generator sets from UK-headquartered equipment manufacturer, JCB. The USD 11 Million (AED40.4 Million) order is the largest yet for JCB Power Products’ RS range of gensets, which are specifically designed for use within the global rental sector.

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In January, 2017 – APR Energy, a global leader in fast-track power solutions, and GE (NYSE: GE) announced that they have renewed their strategic alliance to provide mobile turbine technology into the fast-track power rental market.

Temporary Power Global Market - Competitive Analysis
Characterized by the presence of several well-established and small players, the global market of temporary power appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position. These key players compete based upon pricing, and services. Vendors operating in the market strive to deliver the best quality products and services based on innovative technologies, and best practices. These key players make a substantial investment for R&D and to secure a guaranteed resource for the customers. Temporary power market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further.

Major Points of Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

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3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Temporary Power Market, By Fuel Type
4.1 Introduction
4.2 Diesel
4.3 Gas
4.4 Others

Continued......

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