Global Temporary Power Market is projected to exhibit a CAGR of 7.76% between 2017 and 2025

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.

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.

Key vendors analysed in this market research are

·       Aggreko

·       Cummins

·       Caterpillar

·       United Rentals

·       APR Energy

·       Ashtead Group

·       Sudhir Power Ltd.

·       Atlas Copco

·       Herc Holdings Inc

·       Power Electrics

·       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.

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https://www.qyresearch.com/index/detail/473004/global-temporary-power-market