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The Report gives the clear picture of current scenario which includes historical and projected Temporary Power Market size, share, industry growth, opportunities, industry challenges, trends in terms of value and volume, technological advancement. The report also gives a broad study of the different market segments and regions.
Global Temporary Power Market Competitive Landscape:
The prominent players in the Temporary Power Market includes Aggreko Ltd. (UK), Atlas Copco (Sweden), Caterpillar Inc. (US), Cummins inc. (US), Kohler Co., Inc. (US), APR Energy PLC. (US), Atco Power Ltd. (Canada), Temp-Power, Inc. (US), Ashtead Group PLC. (UK), Speedy Hire PLC. (UK), United Rentals, Inc. (US), Hertz Equipment Rental Corporation (US), Smart Energy Solutions (New Zealand), Rental Solutions & Services LLC. (UAE), Trinity Power Rentals (Canada), and Diamond Environmental Services, LLC. (US).
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Global Temporary Power Market Highlights:
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 global temporary power market is expected to expand at a 12.5% CAGR during the forecast period.
Temporary power is an independent source of electric power, which supports the various sectors with the power supply in situations such as blackouts and power outage. It is a continuous, uninterrupted, and reliable power source which helps end users to run equipment and tools over an extended period. The key end users are events, utilities, construction, and mining, among others. Temporary power solutions help these end users to save lead time and capital expenditures. Moreover, these units can be installed and commissioned easily. Utilities is the key end user of temporary power market as utilities use temporary power sources in order to meet the increasing electricity demand during the peak hours.
Temporary Power Market Segmentation:
The global temporary power market has been segmented on the basis of fuel type, generator rating, and end user.
Based on fuel type, the market is classified into up to diesel, gas, and others. The diesel segment is estimated to hold the largest share owing to its rising use in wide range of applications across all the industries including events, utilities, mining, construction, and so on.
Based on generator rating, the market is classified into less than 80 kW, 81-280 kW, and above 280 kW. Among these, above 280 kW segment is expected to row at the highest CAGR as they are used in a majorly in wide range of applications in the utilities, oil & gas, and mining sectors.
The temporary power market by end user into events, utilities, construction, oil & gas, mining, manufacturing, and others. The events segment is expected to dominate the global temporary power market due to rising number of planned events globally.
Regional Outlook Temporary Power Market:
By region, the is temporary power market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America.
North America is expected to hold the largest share during the forecast period due to rising power demand and power generation capacity addition plans in the region. US and Canada are the key countries driving temporary power market in the North American region due to aging power grid infrastructure.
Asia-Pacific is expected to grow at fastest rate during the forecast period owing to growing industrialization in the Southeast Asian countries such as Indonesia, Malaysia, Philippines, Thailand, and so on in the region and due to rising demand for continuous power supply in the region.
Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
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List Of Tables
Table 1 Global Temporary Power Market, By Region, 2016-2023 (USD Million)
Table 2 North America Temporary Power Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Temporary Power Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Temporary Power Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East & Africa Temporary Power Market, By Country, 2016-2023 (USD Million)
Table 6 South America Temporary Power Market, By Country, 2016-2023 (USD Million)
Table 7 Global Temporary Power Market, By Fuel Type, 2016-2023 (USD Million)
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List Of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DIESELS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
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