The global temporary power market is projected to grow from an estimated USD 3.86 Billion in 2016 to USD 6.40 Billion by 2022, registering a CAGR of +10%. Factors such as lack of electricity access, aging T&D infrastructure, and the rise in global construction and infrastructural activities are driving the global market for temporary power solutions.
Houston, TX -- (SBWIRE) -- 04/17/2018 -- The Temporary Power Market to Grow steadily at a CAGR of +10% during the forecast period.
The temporary power act as a substitute for the power cuts and power outrages that occurs for a specific time period. The temporary power can be disbursed by the means of diesel generators and gas generators in the present scenario year (2018). The opportunities of temporary power market include the outdated permanent power plants, reducing cost considering power generation and growth potential in the emerging countries. The escalating power demand in the emerging and developing countries such as Brazil, India, China and South Africa which are mostly impacted by power cuts and power outrages is boosting the demand of temporary power market.
The objective of the report is to gather important market data and offer insights about the trends and opportunities of the global market to the readers. The report categorizes the market in a detailed manner to offer thorough insights about the facets responsible for augmenting as well as restraining the market growth. The research report on global market also inspects the indicators in the market that are vital to represent the revenue forecast of the market over the given forecast period.
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Companies Profiled in this report includes, Aggreko, APR Energy, Ashtead Group, Caterpillar, Cummins, Atlas Copco, Speedy Hire, United Rentals, Hertz Equipment Rental Corporation, Smart Energy Solutions, Rental Solutions & Services, and others.
The report segments the temporary power market on the basis of end-users into utilities, oil & gas, events, construction, mining, manufacturing, shipping, and others (military, telecom, and residential). The utilities segment recorded the largest market size in 2015. The growth can be attributed to aging power grid infrastructure in the developed economies, followed by lack of electricity supply in the developing economies of the Asia-Pacific and Africa. Poor grid infrastructure causes frequent blackouts giving rise to the need for rental power. The oil & gas industry held the second largest market share. Growing industrialization and rising demand for continuous power supply by these industries are expected to drive the temporary power market from 2017 to 2022.
The report provides information on the diverse factors impacting the sales of the global Temporary Power market. These includes the trends, drivers, and restraints. The significant growth opportunities in the market are also been studied and the ways these opportunities will raise the market growth have also been encapsulated.
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A competitive study of the global market for Temporary Power has also been delivered in this intelligence study, in which the profiles of the prominent market players have been revised exhaustively to determine the market's hierarchy. As per the research study, the market is highly fragmented and competitive due to the presence of a number of contestants.
This research study is aimed at presenting a clear picture of the global market to the readers in order to help them is gaining a better understanding of this market. The report's conclusion reveals the overall scope of the Global Temporary Power Market in terms of the viability of investments in the various segments of the market, along with an eloquent passage that outlines the viability of new projects that might succeed in the global market in the near future.
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Table of Contents
Global Temporary Power Market Research Report
Chapter 1 Global Temporary Power Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast