The Business Research Company’s report on the Temporary Power Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the temporary power industry?
The increasing construction activity is expected to propel the growth of the temporary power market. The construction industry refers to an industrial branch of manufacturing and trade-related operations that includes infrastructure development, repair, renovation, and maintenance. Construction activities have been on the rise due to rapid industrialization and urbanization. A temporary power supply will assist the user in obtaining utilities such as electricity and/or water for construction or building activities. For instance, in March 2023, according to Oxford Economics, a UK-based economic information services company, the value of construction work is projected to rise from $9.7 trillion in 2022 to $13.9 trillion by 2037, fueled by the major construction markets of China, the U.S., and India. Therefore, the increasing construction activity is driving the temporary power market.
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What is the estimated market size of the temporary power sector by 2029, based on current forecasts?
The temporary power market size has grown rapidly in recent years. It will grow from $7.23 billion in 2024 to $8.17 billion in 2025 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to increasing construction activities, rapid industrialization, natural disasters, events and entertainment industry, infrastructure development.
The temporary power market size is expected to see rapid growth in the next few years. It will grow to $13.63 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to renewable energy integration, remote and off-grid areas development, smart cities initiatives, emergency preparedness. Major trends in the forecast period include digitization and smart technologies, increasing demand for sustainable solutions, focus on grid resilience, adoption of modular power systems, market consolidation and strategic partnerships.
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Who are the top players in the temporary power market?
Major companies operating in the temporary power market include Aggreko plc, Caterpillar Inc., APR Energy Inc., Ashtead Group PLC, Smart Energy Solutions, Speedy plc, Cummins Inc., Hertz Corporation, Kohler Co., Bennett Engineering LLC, Altaaqa Global Energy Services, ATCO Ltd., Power Electrics Ltd., Larson Electronics LLC, SES Smart Energy Solutions FZCO, Enerwhere Holdings LLC, Bredenoord B. V., Byrne Equipment Rental LLC, Carrier Rental Systems Inc., Doosan Portable Power, Energyst BV, HIMOINSA S. L., Ingersoll-Rand Company, J. C. Bamford Excavators Limited, MTU Onsite Energy Corporation, Rental Solutions & Services LLC, Generac Holdings Inc., Wärtsilä Oyj Abp, Wacker Neuson SE, Ring Power Corporation
What are the major trends in the temporary power market?
Technological advancements have emerged as a key trend gaining popularity in the temporary power market. Major companies operating in the temporary power sector are focused on providing technologically advanced solutions to strengthen their market position. For instance, in September 2022, Jackery Inc., a US-based innovative portable power and green outdoor energy solution provider, launched Solar Generator 1000 Pro. Jackery Solar Generator 1000 Pro 800W consisting of four SolarSaga 200W Solar Panels and the Jackery Explorer 1000 Pro Portable Power Station. It can charge up to 8 devices simultaneously via AC, DC, and USB ports. It also features fast charging, fully charging in just 1.8 hours with an AC outlet.
Which geography holds the highest temporary power market share?
North America was the largest region in the temporary power market in http://2024.Asia-Pacific is expected to be the fastest-growing region in the temporary power market share during the forecast period. The regions covered in the temporary power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Global Temporary Power Market Report 2025, Insights And Growth To 2034
How do different segments contribute to the overall expansion of the temporary power market?
The temporary power market covered in this report is segmented –
1) By Fuel Type: Diesel, Gas, Other Fuel Types
2) By Power Rating: Less than 80 kW, 81 kW–280 kW, 281 kW–600 kW, Above 600 kW
3) By End User: Utilities, Oil And Gas, Mining, Construction, Manufacturing, Events And Hospitality, Other End Users
Subsegments:
1) By Diesel: Diesel Generators, Diesel Engine Rentals
2) By Gas: Natural Gas Generators, Biogas Generators
3) By Other Fuel Types: Biofuel Generators, Hydrogen Generators, Propane Generators
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Global Temporary Power Market Report 2025, Insights And Growth To 2034
How is the temporary power market defined?
Temporary power refers to the service built to provide electricity during construction or restoration operations. The primary purpose of temporary electricity is to ensure that the site continues operating even when no utility power is available. It is used in plants and buildings during building illumination, job-site trailers work, irrigation facilities, and to control other devices.
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