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What's Driving The Temporary Power Market Growth? Key Players Are: Aggreko, HSS, Power Electrics, Generator Power, Speedy Hire, A-plant, Energyst

05-08-2019 11:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Temporary Power

Temporary Power

The global temporary power market is driven by various factors including growth of construction and infrastructural activities, lack of electricity supply and an increase in the number of planned events. The temporary power market has a large end-user base, including events, construction, manufacturing, mining, telecom, utilities, oil and gas and residential. The utilities and oil and gas segments are among the largest segments driving the temporary power market across the globe.

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The growth can be attributed to the lack of electricity supply in the developing economies of Asia-Pacific and Africa and the aging power grid infrastructure in developed economies. Though economic development, population growth and urbanization are most pronounced in emerging markets, there exists shortage in electricity supply across all markets, driven by poor planning, aging infrastructure, underinvestment and others. These factors tend to drive the temporary power market in the region.
Growing industrialization and rising demand for continuous power supply from industries are the factors expected to drive the temporary power market .
Increasing power consumption for industrial and commercial applications has built up a demand-supply gap in the power market. This gap is even more evident during the peak hours for electricity consumption. This has led to the development of power rental systems which are capable of providing temporary power during phases of the low power supply.

Scope of the Report:

Increasing power consumption for industrial and commercial applications has built up a demand-supply gap in the power market. This gap is even more evident during the peak hours for electricity consumption. This has led to the development of power rental systems which are capable of providing temporary power during phases of the low power supply.

Top key Players : Aggreko, HSS, Power Electrics, Generator Power, Speedy Hire, A-plant, Energyst.

Increasing power demand, lack of grid stability & support and low electrification rates are the major driving factors of the power rental market in the utilities segment. Lacking of electricity access, aging T&D infrastructure are driving the UK market for power rental solutions. The rise in UK construction and infrastructural activities are driving the UK market for power rental solutions. Increasingly frequent business activities are also a stimulating factor.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Temporary Power Generation/Power Rental.

This report studies the Temporary Power Generation/Power Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Temporary Power Generation/Power Rental market by product type and applications/end industries.

Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
• Diesel
• Gas & HFO & Petrol

Market Segment by Applications, can be divided into
• Government & Utilities
• Oil & Gas
• Events
• Construction
• Industrial
• Others

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