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 UK market for power rental solutions. The rise in UK construction and infrastructural activities are driving the UK market for power rental solutions. Increasingly frequent business activities are also a stimulating factor.
This report contains market size and forecasts of Temporary Power Generation & Power Rental in Global, including the following market information:
Global Temporary Power Generation & Power Rental Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Temporary Power Generation & Power Rental market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Diesel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Temporary Power Generation & Power Rental include Aggreko, HSS, Power Electrics, Generator Power, Speedy Hire, A-plant and Energyst, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Temporary Power Generation & Power Rental companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Temporary Power Generation & Power Rental Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Temporary Power Generation & Power Rental Market Segment Percentages, by Type, 2021 (%)
Diesel
Gas & HFO & Petrol
Global Temporary Power Generation & Power Rental Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Temporary Power Generation & Power Rental Market Segment Percentages, by Application, 2021 (%)
Government and Utilities
Oil and Gas
Events
Construction
Industrial
Others
Global Temporary Power Generation & Power Rental Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Temporary Power Generation & Power Rental Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Temporary Power Generation & Power Rental revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Temporary Power Generation & Power Rental revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aggreko
HSS
Power Electrics
Generator Power
Speedy Hire
A-plant
Energyst