Temporary Power Market - Overview
One of the key drivers for the growth of temporary power market is the rising demand for energy due to growing infrastructural and construction activities, surge in the number of planned events, accompanied with the scarcity of electricity. Poor grid infrastructure is leading to regular blackouts, which gives rise to the need for rental power. Developing countries have a huge demand for energy. Due to the existing grid infrastructure, which is not satisfying the increasing power demand blackouts and power outages have been frequent and boost the demand for the temporary power. The blackouts prove very expensive for the industries in terms of loss of production. Generators (temporary power systems) come to the rescue as they supply the power to the industrial, residential and commercial sectors, in cases of power cut. The growing number of events such as sports and other big events are also driving the temporary power market.
Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2503
Industry Segmentation
The report has been analyzed based on the fuel type, generator rating, end-use and region. Among all end-users, the oil and gas industry is expected to grow rapidly. The rapid industrialization and the increase in demand for incessant power supply by various industries are expected to drive the growth of the temporary power market over the forecast period. The increase in the number of planned events such as media & entertainment and sports activities, which requires continuous electricity backup, is further expected to drive the growth of the market.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/temporary-power-market-2503
Among all fuel types used for temporary power systems, Diesel accounts for a large share. The demand for energy from developing nations is rapidly increasing as the existing grid infrastructure, is resulting in frequent power outages and blackouts. In the industrial and the commercial sector, the power outages can be extremely costly as they might lead to loss in production. Diesel generators are gaining traction as they supply power to industries, commercial and residential sectors during power cuts and prevent any discontinuity in operations.
Prominent Players
The key players of global 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.) and others.
View More Info @ https://on.mktw.net/2FH4YO4
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
[email protected]