Temporary Power Market Size, Share, Growth Analysis, By Power Source(Diesel Generators, Gas Generators, Dual-Fuel Generators, and Solar Generators), By End Use(Utilities, Oil & Gas, Mining, Construction), By Region - Industry Forecast 2024-2031

Drivers

Increasing Infrastructure Development

• Infrastructure development is rising rapidly around the world, and this is projected to bolster the demand for temporary power solutions over the coming years as more people demand uninterrupted power supply. High demand for continuous power in this increasing infrastructural landscape will primarily drive temporary power market growth going forward.

Special Events

• The number of events being organized around the world is increasing rapidly and this trend is also slated to create high demand for temporary power solutions over the coming years. The need for temporary power to make these events possible is slated to create new opportunities for market growth.

Restraints

Regulatory Hurdles

• Diesel generators are largely used for temporary power around the world however, stringent mandates banning the use of temporary power solutions that cause emissions could slow down the global temporary power market growth across the forecast period and beyond.

Environmental Concerns

• Some temporary power solutions might not be compatible with sustainability mandates as most temporary power solutions are run using diesel and other products that are not eco-friendly. Therefore, the lack of eco-friendly temporary power solutions is slated to impede market growth in the long run.