The Temporary Power market is growing enormously owing to the lack of reliable electricity supply, rise in construction and infrastructural activities, and an increase in the number of planned events, triggering an increasing demand for energy supply. the upcoming planned events worldwide, are expected to foster the market growth, fuelling the demand for temporary power systems.

Key Players:

Ashtead Group Plc (UK), Aggreko PLC (UK), Caterpillar Inc. (US), Speedy Hire (US), Hertz Corporation (US), Smart Energy Solutions (UAE), United Rentals (US), Power Electrics (UK), Cummins Inc. (US), APR Energy Inc. (US), Kohler (US) and Rental Solutions Services (UAE).

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Industry Highlights

The lack of permanent power supply facilities in some of the regions especially in the developing nations is providing impetus to the market growth, fulfilling the needs of the increasing population and urbanization. Simultaneously, the rapid automation of industrial activities is leading to the huge demand for reliable power backup, further adding to the growth of the temporary power market. Market trends indicate that industrial infrastructure is due for replacement if production levels and operational efficiency have to be maintained. Temporary power supply unit allows builders and trades to work where there is no permanent power connection. Temporary Power supplier companies offer a comprehensive range of temporary power products for the commercial, industrial and entertainment market segments.

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Competitive Analysis

The well-established, temporary power market appears to be fiercely competitive due to the presence of several large, small and new entrants operating in the market. The market is estimated to witness an intensified competition further.

Temporary Power Market Segmentation

The global Temporary Power Market is segmented on the basis of fuel type, generator ratings, end-user and region.

By Fuel Types: Comprises Diesel, and Gas among others.

By Generator Ratings: Less than 80 kW, 81-280 kW, and More than 280 kW.

By End-Uses: Events, Construction, and Mining, among others.

By Regions: North America, Europe, APAC and the Rest-of-the-World.

Temporary Power Regional Market Analysis

The market in the Asia Pacific region is emerging as another lucrative market for temporary power due to the unavailability of proper access to the electricity mainly in the underdeveloped regions. Several countries in the APAC region still do not have 100% access to the electricity.

The North American region is expected to retain its dominance over the global temporary power market attributing to the aging power transmission and distribution systems, leading to frequent power outages.

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