Power sources that are semi-permanent are used to suffice the energy demands that are not permanent. Different operations like operations at remote places and mobile power needs come under this category. Different energy verticals including construction industry are evolving continuously. An array of factors including variable power demand, space constraints, emission and noise control, and location accessibility are the common characteristics of different end-user industries in temporary power market. Semi-permanent power generation solutions are introduced by the manufacturers in the global market to meet the demands for variable power in different utilities of power-intensive industries. Flexible power services are also provided by the manufacturers that include long-term contracts and power equipment.
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global temporary power market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.
We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the temporary power market. For enhancing readers’ experience, the report starts with a basic overview about the temporary power market and its classification. Further, we have considered 2013 as the base year, 2026 as the estimated year, 2018 – 2026 as the stipulated timeframe.
Competitive Assessment
The temporary power market report includes global as well as emerging players:
- Larson Electronics LLC
- Aggreko Plc.
- Energyst B.V.
- SES Smart Energy Solutions FZCO
- Hybrid Power Hire
- Bennett Engineering LLC
- Sudhir Rental Solution
- Ashtead Group plc.
- Enerwhere
- Altaaqa Global
- APR Energy
The insights for each vendor consists of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
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Regional Analysis
Important regions covered in the temporary power market report include:
- North America
- Latin America
- Western Europe
- Eastern Europe
- China
- Middle East and Africa
The temporary power market report also provides data regarding the key countries in the defined regions.
Utilities segment leads
Global market for temporary power can be segmented into different verticals including utilities, construction, events & hospitality, oil & gas and manufacturing. Of all the segments utilities segment is expected to lead the market in power demand. Different factors like population expansion, industrialization and urbanization are going to increase in the coming future. Utilities segment is anticipated to own one-fourth of the global market in near future.
Mining industry has surfaced as a major consumption area of temporary power sources. Installations for temporary power is being done in construction industry and mining industry as there are operations that require electricity for limited time-period. Investments are being done in developing nations to improve the infrastructure which generates lucrative opportunities for temporary power market. Manufacturers with short-term contracts are an important part of temporary power market. Rental power has emerged as key strategy and plays a vital role to satisfy the accelerating power demand and will continue to do so in future.
Renewable energy sources preferred
Renewable energy sources are preferred for energy needs owing to the factors like increasing fuel price, stringent regulations for emission and accelerating energy demand across the globe. EU region leads the market in adopting renewable energy resources as there has been a demographic shift from conventional to renewable energy sources. Big energy plants are installed world-wide to harness energy from different sources including wind, solar energy and water. These renewable energy plants face challenges in terms of fluctuating weather like sunshine and low wind. These changes pose threat to the continuous energy supply that is required. This can result in intermittent power which enhances the significance of temporary power sources in renewables sector. Fact.MR report states that the advancements in generation of power from wind and solar energy sources is expected to generate lucrative opportunities during the forecast period.
Hybrid power solutions have cropped up as significant options owing to the variations in power demand. These solutions assist in the cases of low power demand and include both types of power system, i.e. temporary as well as permanent. Temporary power systems have several advantages such as enhanced fuel efficiency, low operational cost and improved power output. Manufactures are focused to develop hybrid power solution which are cost effective and durable. These solutions are expected to have less maintenance and are noise-free.
Segmentation Analysis
By Power Source:
- Diesel Generator
- Gas Generator
- Dual Fuel Generator
- Solar Gener