27 September 2018: The Temporary Power Market is expected to grow at a sizable CAGR over the forecast period. Key drivers for this market are the burgeoning power demand, consequent dearth of a reliable power infrastructure, obsolete grid and T&D infrastructure, and lesser blackouts and turnaround time. Factors like economical power generation, rapidly growing construction industry in emerging markets, rise in the number of globally planned events, higher demand in emerging markets, and aging permanent power plants are expected to open new avenues for the temporary power market on the forecast horizon.
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Demand from residential sector is also on the rise. The need for upgradation of instruction in developing countries is expected to augment this market in foreseeable future. On the other hand, lack of a systematic payment model, and costlier T&D charges are restraining market growth. Strict regulations pertaining to emissions and the impending threat of distributed generation systems, particularly renewable energy sources will challenge the market in future. Market ecosystem consists of component suppliers, OEMs, investment & equity firms, distributors and suppliers, utility service providers, end user industries like construction, manufacturing, mining, oil & gas, planned events, shipping, telecom, defense, and larger utilities. It is a vertical market catering to various downstream businesses.
Temporary power is supplied by make-shift installations. These have temporary wiring which is cost-effective, easier to remove, has lesser code requirements but limitations on use. For example, instead of the standard metal sheathed cable wiring, Type NM cable is allowed and a box is not required for junction connections. Temporary power can either be provided by sourcing it from the main electrical panel with a power cable or using stand-alone diesel/gas generators.
Key players in the temporary power market are Aggreko PLC, Atco Power, Atlas Copco CB, Cummins Inc, Caterpillar Inc, APR Energy PLC, Diamond Environmental Services LLC, Rental Services & Solutions LLC, Smart Energy Solutions, Kohler Company Inc, Speedy Hire PLC, Hertz Equipment Rental Corporation, United Rentals Inc, Trinity Power Rentals, Temp-power Inc, Ashtead Group PLC
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Temporary Power in these regions, from 2013 to 2025 (forecast), covering
- North America
- Southeast Asia
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Oil & Gas
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