Global Temporary Power Market Research Report by Forecast to 2023
Pune, Maharashtra -- (SBWIRE) -- 05/16/2017 -- 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 Market solutions. However, the growth of this market can be restrained by payment issues for availing electricity and power in underdeveloped & developing nations.
Major Key Players:
-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.)
-Rental Solutions and Services (UAE)
-APR Energy Inc. (U.S.)
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Market Research Analysis
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.
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.
North America region is projected to dominate the global temporary power market owing to the aging power transmission and distribution systems, which leads to frequent power outages and power cuts.
The recovery of construction activities in the region is also expected to drive the growth of the market in the region. In Asia-Pacific region, many underdeveloped regions do not have proper access to electricity, thereby driving the growth of the market in the region.
-Distributer & Supplier companies
-consultants and Investment bankers
-Government as well as Independent Regulatory Authorities
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Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
List of Tables
Table 1 Global Temporary Power Market, By Fuel Type
Table 2 Global Temporary Power Market, By Generator Rating
Table 3 Global Temporary Power Market, By End Use
List of Figures
Figure 1 Research Generator Rating
Figure 2 Global Temporary Power Market: By Fuel Type (%)
Figure 3 Global Temporary Power Market: By Generator Rating (%)
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