Temporary Power Market Aggrandizes Phenomenally By 2030 with A Whooping CAGR; Asserts MRFR

Pune, India, December , 2017/MRFR Press Release/- Market Research Future published a Half-Cooked  Research Report on “Global Temporary Power Market Research Report - Forecast to 2030”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2030.

Temporary Power Global Market – Overview

The global temporary power market is a very dynamic market and is expected to witness high growth over the forecast period. The increased application of temporary power across various sectors is majorly influenced by the growing demand for uninterrupted & reliable power supply. Also, the increasing number of power outages and power failure in the developing and underdeveloped countries across the world is creating a huge demand for power backup devices, which is catered through temporary power devices. As per the study conducted by Market Research Future, the global market for temporary power is likely to grow at the CAGR of around 11%.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Temporary Power Market Research Report

Electricity has become a vital prerequisite for augmenting economic activity and improving quality of life. The growing demand for uninterrupted and reliable power supply has become a necessity in today’s world. So as to support this growing need, a reliable source of power generation is required. Temporary power provide a continuous, prime and standby source of power generation at events, construction, mining and others. In the last decade, several technological advancements have helped upgrading temporary power which have improved their fuel efficiency, subsequently their diesel or gas engine technology. Temporary power is an independent source of the electric power that supports the industries and other sectors with the power supply in situations such as blackouts and power outage. Power failures are the very serious problem in areas such as hospitals, mines, sewage treatment plants, etc. Hence there is always a necessity to have an alternative for this problem which is solved by the temporary power. The growth in the temporary power systems are attributed to the factors such as the growing infrastructural activities, the growing amount of planned events and the lack of electric supply. Events are the major end-users of temporary power solutions. In 2016, events constituted the largest segment of the temporary power industry, and accounted for the largest share of the total industry. Events include sports, media and entertainment activities, which require continuous power supply. The increase in the number of planned events is expected to drive the temporary power systems in the events segment.

Geographically, the global temporary power market has been divided into North America, Europe, Asia Pacific and Rest of the World. Among these regions, North America dominated the temporary power market followed by the Asia Pacific and South America. The country that accounted for the major share in the temporary power market is the US. The factor that attributed to this growth is the T&D infrastructure that is aging which causes blackouts and frequent outages of power. The getting better construction industry in the North American region is the prime factor that is contributing towards the temporary power market growth. There are many countries around the globe that do not have access to electricity which will fuel the demand of temporary power market.

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.), Cummins Inc.(U.S.), Rental Solutions and Services (UAE),  APR Energy Inc. (U.S.) and Kohler (U.S.) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global temporary power market.

Industry News

In October, 2017 – Cummins, Inc. (NYSE: CMI) announced the new C125N6 and C150N6 models in the QSL8.9G Series. The Cummins commercial generator set is a fully integrated power generation system providing optimum performance, reliability, and versatility for stationary standby power applications.

In September, 2017 – Aggreko launched world’s first rental generator for use in hazardous zones. The 750 kVA unit is fully ATEX approved and has full safety features that allow it to be used in hazardous zones both on and offshore, and is believed to be a world first for generating electricity in areas at risk of explosion. Its unique ready-to-go design makes it ready for rapid deployment without the need for modification or additional set up, so saves time and cost, as well as saving space and reducing risk for personnel, the site and all allied equipment.

In May, 2017 – Caterpillar introduced its all new CAT RP12000 E portable generators in U.S. and Canada. The new generator fills out the top of the series, delivering 12kW of running power and new features to meet the specific needs of the “pro-sumer” – emergency home back-up, DIY enthusiasts and contractors.

In March, 2017 – Dubai-based Rental Solutions & Services (RSS) purchased more than 300 generator sets from UK-headquartered equipment manufacturer, JCB. The USD 11 Million (AED40.4 Million) order is the largest yet for JCB Power Products’ RS range of gensets, which are specifically designed for use within the global rental sector.

In January, 2017 – APR Energy, a global leader in fast-track power solutions, and GE (NYSE: GE) announced that they have renewed their strategic alliance to provide mobile turbine technology into the fast-track power rental market.

Temporary Power Global Market – Segmentation

The scope of global temporary power market is segmented into three major segments which are explained below:

By Fuel Type

• Diesel


• Gas


• Others

By Generator Rating

• Less Than 80 KW


• 81-280 KW


• More Than 280 KW

By End Use

• Events


• Construction


• Mining


• Others

Temporary Power Global Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of temporary power appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position. These key players compete based upon pricing, and services. Vendors operating in the market strive to deliver the best quality products and services based on innovative technologies, and best practices. These key players make a substantial investment for R&D and to secure a guaranteed resource for the customers. Temporary power market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further.