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BLOG > September 2018 > Global Temporary Power Demand is Rising

Global Temporary Power Demand is Rising

A recent report features insights, opportunity analysis, and forecasts for temporary power.

Temporary Power Market Research Report

Temporary power is an independent source of electric power, which supports the industrial sector and other sectors with power during utility power failure. A recent report entitled Global Temporary Power Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017-2023 evaluates global temporary power market growth trends and estimates future prospects based on comprehensive research. It extensively features market share, growth, trends, and forecasts.

The research report is segmented into the following areas:
  • Fuel Type - Diesel, Gas and Other generator fuels
  • Generator Rating - Ratings of Less than 80 kW, 81 to 280 kW and more than 280 kW
  • End User - Divided into Events, Construction, Mining and Others
  • By Region - Four regions are North America, Europe, Asia-Pacific and Rest of World
The report is presented in standard Table of Contents formatting consisting of the following sections:
  1. Introduction
  2. Executive Summary
  3. Market Analysis
  4. Market Analysis by Fuel Type
  5. Market Analysis by Power Rating
  6. Market Analysis by End-User
  7. Market Analysis by Geography
  8. Competitive Landscape
  9. Company Profiles

North American Temporary Power Market is Rapidly Expanding

SWP QS500 Generator Answer Demands
The report, published by Research and Markets, indicates that the temporary power market is expected to experience rapid expansion. Contributing factors include the construction industry expansion, and infrastructural activities along with lack of electricity supply to back up the infrastructure expansions. In addition, the increase in the number of world-wide events that are driving the demand for temporary power systems.

The North America region is projected to dominate the global temporary power market. Aging power transmission and distribution systems are sited as main reasons for the market increase. With the addition of recovery construction activities, the market is expected to grow with Compound Annual Growth Rate (CAGR) of 10% from 2016 to 2023. 

Generators Provide Power on Demand

If the expectations of the market report are realized, the need for temporary power generators will grow, especially in United States, Canada, and Mexico. Even facilities that have dependable power may experience increased interruptions, depending on location and physical status of the electrical grid.   Whether it's a standby genset or mobile and trailerized generator sets can produce electricity on demand and as needed.

Generator Source has been in the generator business for over 35 years. We provide new, used and rental generators in select sizes from 20 kW to 2000 kW.  We offer Pre-owned Generators at a significant savings when compared to a new generator purchase. All generators undergo a 31-point inspection prior to sale. These generators are in stock and can usually ship within 24 hours of order completion. We also stock New Generators for clients that require new stock. Contact Us with any generator questions.

Diesel Blog Team | 9/28/2018 2:48:10 PM | 0 comments
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