Increasing power consumption for industrial and commercial applications has built up a demand-supply gap in the power market. This gap is even more evident during the peak hours for electricity consumption. This has led to the development of power rental systems which are capable of providing temporary power during phases of the low power supply.
Increasing power demand, lack of grid stability & support and low electrification rates are the major driving factors of the power rental market in the utilities segment. Lacking of electricity access, aging T&D infrastructure are driving the market for power rental solutions. The rise in construction and infrastructural activities are driving the market for power rental solutions. Increasingly frequent business activities are also a stimulating factor.
Of the major players of Temporary Power, Aggreko maintained its first place in the ranking in 2017. Aggreko accounted for 7.732 % of the Global Temporary Power revenue market share in 2017. Other players accounted for 2.971 %, 2.618 % including Cummins and Caterpillar.
In this study, the market for Temporary Power consumption divided into six geographic regions: In North America, total Temporary Power accounted for 32.77 %. In the Europe, total Temporary Power accounted for 29.39 %. The market in China Temporary Power accounted for 12.93 %, in Japan 4.44%, in Southeast Asia 4.43%, in India 5.02% and in global other region 11.02 %. Among all regions, North America is estimated to represent the highest share.
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On the basis of product type, the Diesel segment is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 91.56 % revenue share in 2017.
Over the next five years, Publisher projects that Temporary Power will register a 6.5% CAGR in terms of revenue, reach US$ 12900 million by 2023, from US$ 8870 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Temporary Power market by product type, application, key manufacturers and key regions.
To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Gas & HFO & Petrol
Segmentation by application:
Government & Utilities
Oil & Gas
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Temporary Power by Players
4 Temporary Power by Regions
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