Market Highlights

The growth of the temporary power market is majorly driven by the shortage of electricity faced by the developing economies due to lack of permanent power capacity. Failure of predicting the future electricity demand and the inability to finance major power projects by both private and government entities has led to the growth of market for temporary power solutions. Factors such as limited electricity access in all regions across the globe and the rise in global construction and infrastructural activities are driving the global market for temporary power solutions. However, the growth of this market can be restrained by payment issues for availing electricity and power in underdeveloped & developing nations.

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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.

Regional Outlook

North America is expected to be the largest market for temporary power. U.S is expected to contribute the maximum to the growth of the region. Frequent power outrages are caused in the region due to the aging transmission and distribution infrastructure, thereby driving the demand of temporary power systems in the region. The advancements in the construction industry in the region are also driving the growth of the market. The Asia-Pacific region is also expected to grow due to rapid industrialization and the undertaking of various government initiatives such as Make in India, which require constant power supply. All these factors increase the demand of temporary power systems, thereby leading to the growth of the market.

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Leading 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.

Scope of the Report

This study provides an overview of the global temporary power market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global temporary power market by its fuel type, generator rating, end-use and region.

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