Global Temporary Power Market is projected to exhibit a CAGR of 7.76% between 2017 and 2025 www.qyresearch.com
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QYResearch • 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.
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• According to the report, global revenue for Temporary Power market was valued at $ 8.87 Billion in 2017, and is expected to generate revenue of $ 16.14 Billion by end of 2025, growing at a CAGR of 7.76 % between 2017 and 2025.
Click to view the full report TOC, figure and tablesďźš https://www.qyresearch.com/index/detail/473004/globaltemporary-power-market
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QYResearch Key vendors analysed in this market research are Aggreko Cummins Sudhir Power Ltd. Caterpillar Atlas Copco United Rentals Herc Holdings Inc APR Energy Power Electrics Ashtead Group Generator Power Speedy Hire HSS
Shaanxi Communication Power Technology Co., Ltd. Trinity Power Rentals Diamond Environmental Services Rental Solutions & Services Quippo Energy Temp-Power
Of the major players of Temporary Power, Aggreko maintained its first place in the ranking in 2017. Top 3 players include Aggreko, Cummins and Caterpillar. www.qyresearch.com
QYResearch Click to view the full report TOC, figure and tablesďźš Temporary Power Market, by Region North America Europe North America is the largest market for Temporary China Power, followed by Europe. Japan Temporary Power Market, by Type: India Diesel Southeast Asia Gas & HFO & Petrol Rest of World On the basis of product type, the Diesel segment is projected to account for the largest revenue market share during the forecast period; this segment was estimated to account for 91.56 % market share in 2017. www.qyresearch.com
QYResearch Temporary Power Market, by End User • Government & Utilities • Oil & Gas • Events • Construction • Industrial • Others Key end-use industries analysed and reported in this study include government & utilities, oil & gas, industrial, events, construction and others. Government & utilities are expected to remain key end-user segments for power rental market over the next few years growing. Industrial and construction are one of the largest consumers of power, together accounting for over 40.95% market share of the total power rental market. www.qyresearch.com
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