Temporary Power Market Size, Share, Challenges, Growth Analysis, Growth by Leading International Manufacturers and Forecast to 2023
Sep 6, 2018
Temporary Power Market Information Report by Fuel Type (Diesel, Gas, Others) By Generator Rating(Less Than 80 Kw, 81-280 Kw, More Than 280 Kw) By End-Use and By Region - Global Forecast To 2023
Pune, India - September 6, 2018 /MarketersMedia/ —
Temporary Power Global Market Overview:-
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 Market, 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.
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.
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Competitive Dashboard:-
The key players of temporary power market are 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.
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
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Regional Analysis:-
North America region is projected to dominate the global temporary power market owing to the aging power transmission and distribution systems, which leads to frequent power outages and power cuts. The recovery of construction activities in the region is also expected to drive the growth of the market in the region. In Asia-Pacific region, many underdeveloped regions do not have proper access to electricity, thereby driving the growth of the market in the region.
Contact Info:
Name: Abhishek
Organization: Market Research Future
Address: WantStats Research and Media Pvt. Ltd. Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Phone: +1 646 845 9312
For more information, please visit https://www.marketresearchfuture.com/reports/temporary-power-market-2503
Source: MarketersMedia
Release ID: 404144
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