The global temporary power market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Temporary Power Market Size, Share and Global Trend By Fuel Type (Diesel, Gas, Renewable, Others), By End User (Events, Utilities, Oil and Gas, Construction, Mining, Manufacturing, Shipping, Others), and Geography Forecast Till 2026". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other temporary power market trends. The report is available for sale on the company website.
The market is categorized on the basis of fuel type, end-user, and geography. Based on end-user, the market is divided into shipping, mining, oil and gas, events, manufacturing, construction, utilities, and others. With respect to fuel type, the market is categorized into renewable, diesel, gas, and others. Gas generators segment is currently gaining popularity because of the rising need to mitigate the emission of greenhouse gases. On the other side, uninterruptible power supply (UPS) and batteries are also anticipated to generate high CAGRs during the forecast period. The noiseless operation features of UPS and batteries have led to their extensive use in IT parks and office spaces, thus making this segment attract high market revenue.
List of the companies operating in the global temporary power market include:
- Cummins Inc
- APR Energy
- Power Electric
- Caterpillar Inc.
- United Rentals
- Aggreko
- Kohler Power
- Energyst
- Rental Solutions and Services
- Smart Energy Solutions
- Ashtead Group
- Vertiv
The report focuses on various factors impacting the market’s growth trajectory, both positively and negatively. The information included in this report is obtained from trusted sources. Moreover, primary and secondary research methods are used to study the market’s trajectory over the forecast period.
“Lack of Grid Infrastructure in Developing Nations Drives Temporary Power Market”
Fortune Business Insights foresees the North America market for temporary power to witness excellent growth opportunities because of the region’s tremendous technological and industrial development, coupled with the rising demand for reliable, safe, and continuous power supply. Moreover, the increase in the number of data centers demanding uninterruptible power supply, especially in cases of extreme weather conditions, that causes frequent power outrage and blackouts are also anticipated to bode well for the temporary power market.
On the other side, the temporary power market in the Asia Pacific is expected to emerge as one of the fastest-growing regions in the world because of its rapidly growing economies such as China and India. Ongoing urbanization and industrial growth are important factors boosting the demand for electricity. Furthermore, the lack of grid infrastructure results in a lack of electricity in most parts of this region, and this ultimately propels the growth of the temporary power market in the region.
Regional Analysis for Temporary Power Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Temporary Power Market:
- Introduction
- Executive Summary
- Market Dynamics
- Key Temporary Power Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Temporary Power Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
- Conclusion