Global Temporary Power Market

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

Report ID: SQMIG55E2041 | Region: Global | Published Date: March, 2024
Pages: 160 | Tables: 66 | Figures: 74

Temporary Power Market News

  • Advent Technologies, a renowned supplier of energy solutions, announced the launch of its new portable clean power solutions back in December 2023. The SereneP product line was especially designed to provide power in EV charging and construction applications.
  • In November 2023, Hitachi, a leading name in the power industry, announced the launch of its new hydrogen gen sets which are an alternative to the traditional diesel-powered gen sets. This move is to bolster Hitachi’s commitment to sustainability.

In October 2023, Aggreko, a renowned provider of modular power solutions, announced the launch of its 4 new tier 4 generators in Canada. The new offerings are compliant with the Canadian Environmental Protection Act’s (CEPA).

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

temporary power market size was valued at USD 4.7 billion in 2022 and is poised to grow from USD 5.22 billion in 2023 to USD 12.02 billion by 2031, growing at a CAGR of 11% in the forecast period (2024-2031).

Temporary power companies can bolster their rental and leasing services by introducing new offers and providing highly affordable services. Temporary power market players can target developing economies to maximize their revenue generation potential and bolster market presence as well. Temporary power providers can also develop and offer customized temporary power solutions for industries and other end users to amplify their business reach. Mergers, collaborations, acquisitions, and partnerships are also estimated to be popular strategies among temporary power companies to enhance their market presence on a and regional level. 'Aggreko Ltd.', 'Atlas Copco', 'Kohler Co., Inc', 'Bennett Engineering LLC', 'Enerwhere', 'APR Energy', 'EcoFlow', 'Smart Energy Solutions', 'United Rentals Inc.', 'Altaaqa Global', 'Enerwhere', 'Larson Electronics', 'Caterpillar inc.', 'Vertiv', 'Energyst', 'Ashtead Group', 'Ericson Plc.', 'Rental Solutions & Services LLC.', 'Cummins Inc.'

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.

Integration of Smart Technologies: Temporary power providers can integrate advanced and smart technologies in their products and services to optimize their efficiency and performance. Companies can also attract tech-savvy customers through this move. For instance, the use of artificial intelligence algorithms could optimize the efficiency of temporary power solutions and help comply with changing sustainability mandates as well.

North America is the dominant market for temporary power solution suppliers. North America holds the major share of the temporary power market. The ongoing robot construction activities and increasing demand from the oil and gas sectors are boosting the sales of reliable power supply systems. The presence of key markets particularly the United States and Canada is boosting the demand for temporary power solutions. Strict environmental regulations are increasing the adoption of sustainable temporary power solutions in the region.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Power By The Hour Market
Buy Now GET FREE SAMPLE
Critical Power And Cooling Market
Buy Now GET FREE SAMPLE
Temporary Labour Market
Buy Now GET FREE SAMPLE
Power Rental Market
Buy Now GET FREE SAMPLE
Power Tools Market
Buy Now GET FREE SAMPLE
Power Bank Market
Buy Now GET FREE SAMPLE
Solar Power Market
Buy Now GET FREE SAMPLE
Small Hydropower Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Temporary Power Market

Report ID: SQMIG55E2041

$5,300
BUY NOW GET FREE SAMPLE