Temporary Power Market Growth, Size, Share, Trends, and Forecast 2032

Temporary Power Market

Temporary Power Market By Fuel type (gas, diesel, dual fuel and HFO generators and the mobile gas turbine), By Power rating (less than 80 KW, 81 KW-280 KW, 281 KW-600 KW and above 600 KW), By End-user (utilities, events, mining, oil and gas, construction, manufacturing, and others) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032

Category: Energy & Mining Report Format : PDF Report Code: ZMR-1033 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 Growth Rate (in %) Base Year
USD 7.90 Billion USD 19.41 Billion CAGR at 10.50% 2023

Description

According to the report published by Zion Market Research, the global Temporary Power Market size was valued at USD 7.90 Billion in 2023 and is predicted to reach USD 19.41 Billion by the end of 2032. The market is expected to grow with a CAGR of 10.50% during the forecast period. The report analyzes the global Temporary Power Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Temporary Power Market industry.

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Global Temporary Power Market: Overview

Temporary power is an independent source of the electric power that supports the industries and other sectors with the power supply in situations such as blackouts and power outage. Power failures are the very serious problem in areas such as hospitals, mines, sewage treatment plants, etc. Hence there is always a necessity to have an alternative for this problem which is solved by the temporary power. The growth in the temporary power market is attributed to the factors such as the growing infrastructural activities, the growing amount of planned events and the lack of electric supply.

Global Temporary Power Market: Segmentation

The temporary power market is globally segmented into its fuel type, power rating, end-user and region.

Based on the fuel type, the temporary power market is categorized into gas, diesel, dual fuel and HFO generators and the mobile gas turbine.

Depending on the power rating, the temporary power market is classified into less than 80 KW, 81 KW-280 KW, 281 KW-600 KW and above 600 KW.

The various end users of the temporary power market are utilities, events, mining, oil and gas, construction, manufacturing, and others.

Region wise, the temporary power market is diversified into the Middle East and Africa, Asia-Pacific, North America, Europe and South America.

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Global Temporary Power Market: Growth Factors

The segment that contributed the largest share in the market is the diesel generators. The developing countries have a huge demand for the energy. There has been frequent blackouts and power outages by the existing grid infrastructure which are not satisfying the increasing power demand thus boosting the demand for the temporary power. The industries find such blackouts very costly in terms of their economy. The diesel generators come in rescue to supply the power in the industries, residential and commercial sectors in cases when there is the power cut. The events end user segment is the fastest growing segment in the temporary power market. The growing number of events such as sports and other big events are driving the temporary power market.

Temporary Power Market : Report Scope

Report Attributes Report Details
Report Name Temporary Power Market Research Report
Market Size in 2023 USD 7.90 Billion
Market Forecast in 2032 USD 19.41 Billion
Growth Rate CAGR of 10.50%
Number of Pages 196
Key Companies Covered Aggreko PLC, APR Energy PLC, Ashtead Energy PLC, Caterpillar Inc., Cummins Inc., Speedy Hire, Cummins Inc., Kohler, Rental Solutions and Services, Power Electrics, United Rentals, Hertz Corporation and Smart Energy Solutions.
Segments Covered By Fuel type, By Power rating, By End-user and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Temporary Power Market: Regional Analysis

The region that is dominating the temporary power market is North America followed by the Asia Pacific and South America. The country that accounted for the major share in the temporary power market is the US. The factor that attributed to this growth is the T&D infrastructure that is aging which causes blackouts and frequent outages of power. The getting better construction industry in the North American region is the prime factor that is contributing towards the temporary power market growth. There are many countries around the globe that do not have access to electricity which will fuel the demand of temporary power market.

Global Temporary Power Market: Competitive Players

The major market players in the temporary power market include:

  • Aggreko PLC
  • APR Energy PLC
  • Ashtead Energy PLC
  • Caterpillar Inc.
  • Cummins Inc.
  • Speedy Hire
  • Cummins Inc.
  • Kohler
  • Rental Solutions and Services
  • Power Electrics
  • United Rentals
  • Hertz Corporation
  • Smart Energy Solutions.

The Global Temporary Power Market is segmented as follows:

By Fuel type 

  • gas 
  • diesel 
  • dual fuel and HFO generators 
  • the mobile gas turbine 

By Power rating 

  • less than 80 KW
  • 81 KW-280 KW 
  • 281 KW-600 KW
  • above 600 KW

By End-user 

  • utilities 
  • events
  • mining 
  • oil and gas
  • construction
  • manufacturing 
  • and others

Global Temporary Power Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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