HOME Press Releases Temporary Power Market worth 6.40 Billion USD by 2021



Temporary Power Market worth 6.40 Billion USD by 2021


The report "Temporary Power Market by Generator Rating (Less than 80 kW, 81-280kW, 281-600 kW), End Use (Events, Utilities, Oil & Gas, Construction, Mining, Manufacturing, & Shipping), Fuel Type (Diesel, Gas, & Others (Duel Fuel & HFO)) - Global Forecast to 2021", The global temporary power market is projected to grow from an estimated USD 3.86 Billion in 2016 to USD 6.40 Billion by 2021, registering a CAGR of 10.6%. 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.

                                     Request Sample                                      Request Sample

Browse 115 market data Tables and 47 Figures spread through 167 Pages and in-depth TOC on "Temporary Power Market by Generator Rating (Less than 80 kW, 81-280kW, 281-600 kW), End Use (Events, Utilities, Oil & Gas, Construction, Mining, Manufacturing, & Shipping), Fuel Type (Diesel, Gas, & Others (Duel Fuel & HFO)) - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/temporary-power-market-55233510.html
Early buyers will receive 10% customization on reports.

Events—the key end-user of temporary power

Events are the major end-users of temporary power solutions. In 2015, events constituted the largest segment of the temporary power market, and accounted for the largest share of the total market. 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 market in the events segment.

Above 600 kW segment expected to grow at the highest CAGR in the temporary power market

The market based on power rating has been segmented into less than 80 kW, 81 kW–280 kW, 281 kW–600 kW and above 600 kW. Rapidly growing demand for power across different industries is the primary growth driver of this segment.

North America to dominate the market for temporary powers

In this report, the temporary power market has been analyzed with respect to six regions namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East. North America is estimated to dominate the market, owing to factors such as aging grid infrastructure and natural calamities, which causes frequent power outages. Furthermore, the construction and manufacturing industry is gradually recovering from the slowdown in 2016 and is also expected to drive the demand for rental power solutions.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the temporary power market Aggreko PLC (U.K.), Caterpillar Inc. (U.S.), APR Energy PLC (U.S.), Cummins Inc. (U.S.) and Ashtead Energy PLC (U.K.).These players are trying to penetrate developing economies and are adopting various methods to increase their market share.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports