Penetration of Semi-Permanent Power Sources on an Increase
Semi-permanent power sources are bridging the energy demand that is neither permanent nor temporary such as operations at remote places, mobile power needs and other unique power requirements. Energy demands across industry verticals, especially the construction industry, are evolving dramatically. Conditions such as variable power demand, emission and noise control standards, space constraints, and location accessibility among others are common in end-user applications of the temporary power market. To approach these challenges, manufacturers in the temporary power market have introduced semi-permanent power generation solutions that deliver variable power demands in utilities and other power-intensive industries. In addition, manufacturers deliver flexible power services including power equipment and infrastructure of semi-permanent power for long-term contracts. Owing to the growing demand for efficient, faster and unique needs of electricity, semi-permanent power sources are likely to be sought after considerably in near future in the temporary power market.
Temporary Power Sources Market Prospects Buoyant as Renewable Energy Sources Gain Centerstage
Growing reliance on the renewable energy sources against the backdrop of rising fuel prices, stringent emission standards, and increasing global energy demand has augured well for the temporary power market. Adoption of renewable energy resources remains prominent in the EU region while witnessing a significant shift from conventional to renewables in the past decade. In particular, wind, water and solar energy resources are significantly harnessed in major renewable energy plants across world regions. However, the renewable energy plants face challenges of weather-related intermittency such as periods of low wind and sunshine. This leads to intermittency in energy supply against the growing demand for power. With the potential to address power intermittency during not only unfavorable weather but throughout the entire lifecycle of the plant, temporary power sources are highly sought after in the renewables sector. The rapid expansion of wind and solar power generation presents lucrative opportunities for the temporary power market during forecast and beyond.
Growing Investments in Hybrid Power Solutions Contributing to Growing Adoption
Utilization of hybrid power solutions has increased significantly against the backdrop of power demand variations during operational and non-operational times in multiple industries. In times of low-power demand, hybrid power solutions that include both permanent and temporary power system, temporary power system takes over fuel generator, increases fuel efficiency, improves power output and reduce operational costs. Owing to their efficacy in power generation, manufacturers have introduced cost-efficient, durable, reduced maintenance, with low-emissions and noise-free hybrid power solutions.
Utilities at the Forefront of Temporary Power Source Demand
End-use verticals of the temporary power market include utilities, oil & gas, mining, construction, manufacturing, events & hospitality and others. Among these utilities sector is expected to present the highest demand for temporary power sources. As an expanding population across the globe coupled with rapid urbanization and industrialization presents an incremental demand for energy, need for temporary power sources is likely to swell in the years to come. That said the utilities sector is estimated to account for one-fourth of the total temporary source market revenue by 2018 end.
Construction and Mining Sectors to Follow Utilities for Temporary Power Source Consumption
Amelioration of the mining industry across world regions is set to present huge demand for portable power sources. Temporary power installations are common in the mining and construction industries where electricity is needed for a limited period of time or at a remote location. Further, significant investments in the infrastructure and construction activities in developing regions present lucrative avenues for the temporary power market. While utilities sector is expected to dominate, mining and construction sectors are collectively expected to account for over half of the total incremental $ opportunity generated in the temporary power market.
Rental Contracts to Seize Major Revenue of the Temporary Power Market
The temporary power market is marked by manufacturers operating in short-term rental contracts where temporary power systems are rented rather than owned. In fact, rental power plays a key role in delivering electricity demand of any intensity. As utilities sector continues to deal with an inadequacy of power capacity and broadening gap between supply and demand, the rental market for temporary power is being established in the sector. Leading suppliers of temporary power have specialized in power rental solutions and thus contribute to the largest market revenue share in the temporary power market.
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Temporary power systems are installed for a definite period of time according to the end-user applications including construction, mining, utilities, oil & gas, manufacturing and others. Temporary power systems are rented on contractual basis and are mobile and portable installations rather than fixed and permanent power sources.
About the Report
A team of analysts at Fact.MR has studied the temporary power market and has revealed an exclusive market analysis in the report titled ‘Temporary Power Market: Global Industry Analysis and Forecast 2018-2026’. Based on power source, end users and region, the temporary power market report delivers the exhaustive market insights in terms of trends, drivers, challenges and future opportunities.
Additional Questions Answered
Additional important avenues in the temporary power market, apart from the aforementioned insights are covered in the report. Few more market insights included are as follows-
- Based on specific regional energy outlook, which will be the rapidly growing region in the temporary power market?
- On account of growing demand for energy in developing countries, which power source type will be leading the adoption trend in the temporary power source market?
- In the Asia Pacific excluding China region, which country will be at the helm of temporary power demand during forecast?
- What will be the influence of government projects, major international events and construction projects on the performance of temporary power market?
Answers to these questions and other vital aspects are reviewed in-depth in the temporary power market report. To know more ask a domain-specific analyst.
The market segmentation briefed in the form of market taxonomy is elaborated in this section. The temporary power market is categorized based on power source, end use and regions. On the basis of power source, the temporary power market is segmented into diesel generator, gas generator, dual fuel generator and solar generator. Further, the market is segmented based on end uses such as oil & gas, utilities, mining, construction, manufacturing, event & hospitality and others.
With the geographical perspective, the temporary power market is segmented into following seven regions-
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding China
- Middle East & Africa
The regional analysis also includes in-detailed assessment of country-wise key market trends prevailing in the temporary power market.
Each of the segment has been elaborately explained considering the historical data, current market scenario and future opportunities in the temporary power market. To know complete information, request free report sample now.
The temporary power market report provides valuable insights on the key players operating in the global landscape. The competitive landscape chapter in the temporary power market report provides a comprehensive list of key companies, their market shares, overall revenue generated, recent innovations, company strategies and other notable business developments. Key companies operating in the temporary power market include Larson Electronics LLC, Cummins, Inc., Aggreko Plc., Energyst B.V., SES Smart Energy Solutions FZCO, Hybrid Power Hire, Bennett Engineering LLC, Sudhir Rental Solution, Ashtead Group plc., Enerwhere, Altaaqa Global and APR Energy among others.
Key market strategies employed by market players operating in the temporary power market are rapid expansion, collaboration and new product launch. Off Grid Energy, the UK-based power solutions company has recently launched a new hybrid power unit named - Gridtogo™ Ingenium Series with smaller and fuel-efficient generators with reduced running hours at 2018 executive hire show. Enerwhere, a leading solar energy company in Middle East & Africa, has launched the world’s first MW-scale transportable solar generator rental solutions in the temporary power market.
A robust research methodology is followed during the course of the study of the temporary power market. A thorough analysis in terms of exhaustive primary and secondary research analysis forms the foundation for the evaluated market performance in the report. In addition, cross validations to support derived insights and prevent discrepancies regarding the actionable insights are elaborated in the report. Thus, the report provides a credible platform of the intelligent and unbiased data on the temporary power market allowing the users to make well-informed and viable business decisions.
Fact.MR’s team of energy & mining analysts has analyzed the temporary power market performance for the coming decade. The analysis has been published in Fact.MR’s new report titled “Temporary Power Market: Global Industry Analysis and Forecast 2018-2026”. According to the analysis, the temporary power market is expected to witness an impressive growth rate owing to rising adoption of hybrid power solutions, growing reliance on renewable energy resources and increasing global energy demand. The report includes key market insights in the form of drivers, restraints, trends and opportunities that are responsible for transforming the global landscape of the temporary power market.
The report delivers global as well as regional trends in the energy sector with respect to current and future energy demand scenario and supply challenges and their impact on the growth trajectory of the temporary power market. To seamlessly fathom the temporary power market outlook, the report is divided into 16 sophisticated chapters and are discussed below in brief.
Chapter 1 – Executive Summary of Temporary Power Market
The report commences with the executive summary chapter that provides the information regarding market overview, market analysis, and market recommendations based on Fact.MR’s proprietary analysis of wheel of fortune.
Chapter 2 – Market Introduction - Temporary Power Market
This chapter of market introduction provides the information including market definition of the temporary power and market segmentation in the form of market taxonomy.
Chapter 3 – Market Viewpoint - Temporary Power Market
The chapter of market viewpoint includes macroeconomic factors, global economic outlook and their underlying effects on the growth of the temporary power market. The elaborated insights on market dynamics in terms of drivers, restraints, trends and opportunity analysis has been included in the chapter. A list of key oil & gas projects and major events that hold significance in transforming the market are covered in this chapter.
Chapter 4 – Global Market Analysis and Forecast - Temporary Power Market
The chapter delivers analysis of the temporary power market in terms of various market avenues and their relative impact on the forecast. In addition, in-depth discussion on the complete value chain of the temporary power market and overview on the power purchase agreement (PPA) is included in the report.
Chapter 5 - Global Temporary Power Market Analysis by Power Source - Temporary Power Market
From this chapter, segmentation of the temporary power market is discussed elaborately in ensuing chapters. This chapter discusses the market based on the power source in the temporary power market including diesel generator, gas generator, dual fuel generator and solar generator and their respective market sizes in terms of value and volume.
Chapter 6 - Global Temporary Power Market Analysis by End-Use
Based on the end-use type in the temporary power market, the chapter discusses market performance of different end-uses including utilities, oil & gas, mining, construction, manufacturing, events & hospitality and others. Market attractive analysis has been assessed for each end use and their relative market sizes have been analyzed.
Chapter 7 - Global Temporary Power Market Analysis by Region
With the perspective of geographical regions, the temporary power market performance in total of seven regions including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding China, China, and Middle East and Africa is discussed in-depth in this chapter.
Chapter 8 - Temporary Power Market: North America Market Analysis and Forecast
This chapter delivers the information regarding the performance of temporary power market in the North America region. Country-wise analysis of the U.S. and Canada, and analysis of other segments based in power source type and end-use type are provided to have the overall outlook of the North America temporary power market.
Chapter 9 - Temporary Power Market: Latin America Market Analysis and Forecast
Latin America temporary power market performance based on country-wise analysis of Brazil, Mexico, and rest of Latin America is covered in this chapter. In addition, Latin America market performance is analyzed based on the power source type as well as end-use type in the temporary power market.
Chapter 10 - Temporary Power Market: Western Europe Market Analysis and Forecast
This chapter delivers the analysis on the Western Europe temporary power market. Country-wise analysis of the Germany, Italy, France, Spain, the UK and rest of Western Europe is covered to fathom the overall regional market performance during the forecast period.
Chapter 11 - Temporary Power Market: Eastern Europe Market Analysis and Forecast
Russia, Poland and rest of Eastern Europe are the sub-segments considered for the country-wise analysis of the Eastern Europe temporary power market. Regional analysis of other market segments based on power source type and end-use type in the Eastern Europe region has been covered in this chapters.
Chapter 12 – Temporary Power Market: Asia Pacific Excl. China Market Analysis and Forecast
The chapter provides analysis of the Asia Pacific Excluding China market analysis and forecast. All the market segments including based on power source types, end-use type and country-wise analysis is covered in the chapter to fathom the temporary power market outlook in Asia Pacific Excluding China.
Chapter 13 - China Market Analysis and Forecast
The chapter includes the temporary power market forecast of China based on thorough analysis of historical data and prevailing trends in the country. Considering the individual segments based on the power source type and end-use type, the China temporary power market forecast is discussed in this chapter.
Chapter 14 - Middle East & Africa Market Analysis and Forecast
The temporary power market forecast in the Middle East & Africa region is discussed in terms of historical analysis and current regional trends. Country-wise analysis of Turkey, GCC Countries, South Africa and rest of MEA have been considered to derive the regional performance of the MEA temporary power market.
Chapter 15 - Competition Landscape
This is one of the most insightful section of the report where users can find a comprehensive dashboard view of the leading market players, their market share analysis and in-detail company profiles.
Chapter 16 – Research Methodology
The robust research methodology followed during the course of the market analysis of the temporary power market is briefed in the form of graphical representation as well as market elaborated explanations on every approach taken for the market analysis. The section also provides a comprehensive list of assumption and acronyms used in the report.
Sources- The aforementioned information and derived facts have been screened after a thorough study of multiple resources such as published financial data, quarterly financial statements, 10-K & 10-Q filings, annual reports, local newspapers, company websites, company press releases, published trade data, and other data sources.
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. TMRR Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Market Viewpoint
3.1. Macroeconomic Factors
3.2. Global Construction Spending Overview
3.3. Global Economic Outlook
3.4. Key Developments
3.5. Market Dynamics
3.5.4. Opportunity Analysis
3.6. List of Key Oil & Gas Projects
3.7. List of Major Events
4. Global Market Analysis and Forecast
4.1. Forecast Factors and Relevance Impact
4.2. Value Chain
4.3. Power Purchase Agreements (PPA)
5. Global Temporary Power Market Analysis by Power Source
5.2. Historical Market Size (US$ Mn) Analysis by Power Source (2013-2017)
5.3. Market Size (US$ Mn) Forecast By Power Source (2018-2026)
5.3.1. Diesel Generator
5.3.2. Gas Generator
5.3.3. Dual Fuel Generator
5.3.4. Solar Generator
5.4. Market Attractiveness Analysis by Power Source
6. Global Temporary Power Market Analysis by End-Use
6.2. Historical Market Size (US$ Mn) Analysis by End-Use (2013-2017)
6.3. Market Size (US$ Mn) Forecast By End-Use (2018-2026)
6.3.2. Oil & Gas
6.3.6. Events & Hospitality
6.4. Market Attractiveness Analysis by End-Use
7. Global Temporary Power Market Analysis by Region
7.2. Historical Market Size (US$ Mn) Analysis by Region (2013-2017)
7.3. Market Size (US$ Mn) Forecast By Region (2018-2026)
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. Asia Pacific Excl. China
7.3.7. Middle East and Africa (MEA)
7.4. Market Attractiveness Analysis by Region
8. North America Market Analysis and Forecast
8.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
8.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
8.3.1. By Country
8.3.2. By Power Source
8.3.3. By End-use
8.4. Drivers and Restraints: Impact Analysis
8.5. Market Attractiveness Analysis
8.5.1. By Country
8.5.2. By Power Source
8.5.3. By End-Use
9. Latin America Market Analysis and Forecast
9.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
9.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
9.3.1. By Country
22.214.171.124. Rest of Latin America
9.3.2. By Power Source
9.3.3. By End-Use
9.4. Drivers and Restraints: Impact Analysis
9.5. Market Attractiveness Analysis
9.5.1. By Country
9.5.2. By Power Source
9.5.3. By End-Use
10. Western Europe Market Analysis and Forecast
10.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
10.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
10.3.1. By Country
10.3.1.6. Rest of Western Europe
10.3.2. By Power Source
10.3.3. By End-Use
10.4. Drivers and Restraints: Impact Analysis
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By Power Source
10.5.3. By End-Use
11. Eastern Europe Market Analysis and Forecast
11.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
11.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
11.3.1. By Country
126.96.36.199. Rest of Eastern Europe
11.3.2. By Power Source
11.3.3. By End-Use
11.4. Drivers and Restraints: Impact Analysis
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Power Source
11.5.3. By End-Use
12. Asia Pacific Excl. China Market Analysis and Forecast
12.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
12.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
12.3.1. By Country
188.8.131.52. Australia and New Zealand
184.108.40.206. Rest of Asia Pacific Excl. China
12.3.2. By Power Source
12.3.3. By End-Use
12.4. Drivers and Restraints: Impact Analysis
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Power Source
12.5.3. By End-Use
13. China Market Analysis and Forecast
13.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
13.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
13.3.1. By Power Source
13.3.2. By End-Use
13.4. Drivers and Restraints: Impact Analysis
13.5. Market Attractiveness Analysis
13.5.1. By Power Source
13.5.2. By End-Use
14. Middle East & Africa Market Analysis and Forecast
14.2. Historical Market Size (US$ Mn) By Market Segments (2013-2017)
14.3. Market Size (US$ Mn) Forecast By Market Segments (2018-2026)
14.3.1. By Country
220.127.116.11. GCC Countries
18.104.22.168. South Arica
22.214.171.124. Rest of MEA
14.3.2. By Power Source
14.3.3. By End-Use
14.4. Drivers and Restraints: Impact Analysis
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Power Source
14.5.3. By End-Use
15. Competition Landscape
15.1. Competition Dashboard
15.2. Market Share Analysis
15.3. Company Profiles
15.3.1. Larson Electronics LLC
15.3.2. Cummins, Inc.
15.3.3. Aggreko Plc.
15.3.4. Energyst B.V.
15.3.5. SES Smart Energy Solutions FZCO
15.3.6. Hybrid Power Hire
15.3.7. Bennett Engineering LLC
15.3.8. Sudhir Rental Solution
15.3.9. Ashtead Group plc.
15.3.11. Altaaqa Global
15.3.12. APR Energy
16. Research Methodology
Fact.MR offers custom research services that help clients to get specific research solutions