Temporary Power Market size was valued at USD 5.9 Billion in 2024 and is forecasted to grow at a CAGR of 7.3% from 2026 to 2033, reaching USD 10.8 Billion by 2033.
The global temporary power market was valued at USD 6.0 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. The surge in market demand can be attributed to factors such as rapid infrastructure development, increasing demand for uninterrupted power supply in emergencies, and the growing need for power during events and construction activities. In North America, the market held the largest share in 2022 due to the presence of major temporary power providers and a significant rise in temporary power solutions required for large scale events and construction projects. The market in the region was valued at approximately USD 2.2 billion in 2022 and is projected to expand further in the coming years. Europe and Asia Pacific are expected to see substantial growth, with an increasing number of power outage incidences and a surge in urbanization driving the demand for temporary power solutions. The Asia Pacific region, in particular, is anticipated to grow at a CAGR of over 8.5%, driven by industrialization and significant infrastructure projects in emerging economies such as China and India.
In terms of opportunities, the Middle East and Africa (MEA) are emerging as key regions for market growth due to rising infrastructure projects in the construction, oil & gas, and tourism sectors. The MEA market size was valued at USD 1.1 billion in 2022, and it is projected to expand with a robust CAGR, largely due to increasing investments in infrastructure development and the need for temporary power to support large scale events. The Latin American region is also experiencing moderate growth, driven by government spending on infrastructure and increasing demand for temporary power in construction and mining activities. With the rapid adoption of clean energy sources, renewable temporary power solutions like solar and wind are gaining traction in various regions, providing additional growth opportunities in the market.
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Aggreko
APR Energy
Ashtead Group
Caterpillar
Cummins
Atlas Copco
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Temporary Power Market
Diesel
Natural Gas
Gasoline
Renewable Sources
Construction
Oil & Gas
Events & Entertainment
Mining
Manufacturing
Standby Power
Peak Shaving
Continuous Power
Up to 50 kW
51 kW to 150 kW
151 kW to 500 kW
Above 500 kW
Diesel
Gasoline
Hybrid
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Temporary Power Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Temporary Power Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Temporary Power Market, By Type
6. Global Temporary Power Market, By Application
7. Global Temporary Power Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Temporary Power Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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