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Temporary Power Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Aggreko PLC, Caterpillar Inc., APR Energy Inc., Ashtead Group PLC., Smart Energy Solutions, Speedy Hire
Temporary Power Market
Temporary Power Market Size, Growth Rate, And Forecast
The global temporary power market size grew from $5.67 billion in 2022 to $6.48 billion in 2023 at a compound annual growth rate (CAGR) of 14.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The temporary power market size is expected to grow to $10.5 billion in 2027 at a CAGR of 12.8%.
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Temporary Power Market Drivers
The increasing construction activity is expected to propel the growth of the temporary power market. The construction industry refers to an industrial branch of manufacturing and trade-related operations that includes infrastructure development, repair, renovation, and maintenance.
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Temporary Power Market Segments
1) By Fuel Type: Diesel, Gas, Other Fuel Types
2) By Power Rating: Less than 80 kW, 81 kW-280 kW, 281 kW-600 kW, Above 600 kW
3) By End User: Utilities, Oil And Gas, Mining, Construction, Manufacturing, Events and Hospitality, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Temporary Power market.
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Temporary Power Market Key Players
Major players in the temporary power market are Aggreko PLC, Caterpillar Inc., APR Energy Inc., Ashtead Group PLC., Smart Energy Solutions, Speedy Hire, Cummins Inc., Hertz Corporation, Kohler, Bennett Engineering LLC, Altaaqa Global, ATCO Ltd., Power Electrics, Larson Electronics LLC, SES Smart Energy Solutions FZCO, and Enerwhere.
The Business Research Company's "Global Temporary Power Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Temporary Power Market Include:
1. Executive Summary
2. Temporary Power Market Characteristics
3. Temporary Power Market Trends And Strategies
4. Temporary Power Market - Macro Economic Scenario
5. Temporary Power Market Size And Growth
……
27. Temporary Power Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Temporary Power Market
29. Temporary Power Market Future Outlook and Potential Analysis
30. Appendix
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