Growing Demand for Temporary Power Market Professional Survey Report 2023

Market Scenario
Temporary power is an independent source of electric power, which supports the industrial sector and other sectors with the power supply in situations such as blackouts and power outage.
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.
The temporary power market is expected to grow with the CAGR of approximately 10% from 2016 to 2023.

Market Segments
Global Temporary Power Market can be segmented as follows:
• Segmentation by Fuel Type: Diesel, Gas
• Segmentation by Generator Rating: Less Than 80 Kw, 81-280 Kw, More Than 280 Kw
• Segmentation by End-Use: Events, Construction, Mining,

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Study Objective of Temporary Power Market
• To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global temporary power market
• To provide insights about factors affecting the market growth
• To analyse the global temporary power market based on various tools such as Supply Chain Analysis, and Porter’s Five Force Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by fuel type, generator rating, end-use and region
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the temporary power market

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Key Players:
The key players of temporary power market are:
• 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.)

Intended Audience
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Regional Analysis of Temporary Power Market:
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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Akash Anand,
Market Research Future
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Email: akash.anand@marketresearchfuture.com

This release was published on openPR.