Temporary Power Systems Market

Temporary Power Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Temporary power systems are referred to as independent sources of electrical energy, which are required to support essential electrical schemes on the loss of the consistent supply of power. Temporary power systems are positioned to prevent the losses that are likely to occur from unexpected loss of electric power supply. Temporary power systems are engaged in an extensive variety of fields such as data centers, scientific laboratories, ships, telecommunication equipment, and hospitals.

The usage of temporary power systems is rising primarily due to the increase in demand for energy led by the growth in number of planned events and infrastructure & construction activities, and dearth of electricity supply. Lower turnaround time and shortage of power infrastructure equipment are also expected to boost the market in the near future. Poor grid infrastructure leads to regular blackouts, thereby giving rise to rental power requirement. Increase in industrialization and rise in demand for power supply in industries are anticipated to drive the temporary power systems market. Temporary power systems can be shipped to remote locations with a feature of plug and play. This further lowers the installation cost of the substation. They also help in managing the power requirement depending on the location, need, and type.

Governments of several countries across the globe have imposed stringent lockdowns to limit the spread of the coronavirus. Movement of individuals and economic activities, related to goods and services, have come to a halt because of lockdowns. This has adversely affected the demand for electricity for commercial as well as industrial purposes. Planned blackouts scheduled by various governments have led to a rise in usage of emergency power systems. However, temporary closure of industries as well as commercial complexes due to the lockdown measures introduced to curb the COVID-19 pandemic has resulted in decline in usage of emergency power systems. This is hampering the global temporary power systems market.

The global temporary power systems market can be segmented based on fuel type, power rating, and end-user
In terms of fuel type, the global temporary power systems market can be segregated into diesel, gas, and others
In terms of power rating, the global temporary power systems market can be divided into 0 – 100 KW, 101 KW – 300 KW, 301 KW – 500 KW, and above 500 KW
In terms of end-user, the global temporary power systems market can be segregated into utility, construction, manufacturing, and others

In terms of region, the global temporary power systems market can be split into Middle East & Africa, Latin America, Asia Pacific, Europe, and North America
According to International Energy Agency, India’s electricity demand is projected to reach 1900 terawatt-hours by 2021-2022 and its carbon dioxide emission from coal combustion is projected to reach 3.3 Giga Tons (Gt) in 2030. Thus, need of uninterrupted power supply to meet this demand as well as large industrial growth in the country is anticipated to fuel the temporary power systems market in India. This, in turn, is estimated to boost the market in Asia Pacific.

Global Temporary Power Systems Market: Research Scope

Global Temporary Power Systems Market, by Fuel Type

Global Temporary Power Systems Market, by Power Rating

Global Temporary Power Systems Market, by End-user

Utility
Construction
Manufacturing
Others (including Maritime & Shipping, Telecom & Emergency Response, Mining, and Oil & Gas)

Global Temporary Power Systems Market, by Region

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa