Temporary Power Market

Temporary Power Market Outlook (2023 to 2033)

The global temporary power market, as reported by Fact.MR, is valued at US$ 6.91 million in 2023. Worldwide sales of temporary power solutions are predicted to exhibit expansion at a CAGR of 5.8% and reach US$ 12.14 million by the end of 2033.

Temporary power is a source of energy that keeps operations going in factories, industries, and various other locations during emergencies, blackouts, and power outages. Interim power is essential in an emergency in sewage treatment plants, hospitals, and mines. The market is expanding as a result of factors such as an increase in the number of infrastructure projects, a lack of power sources, and the need for electricity in remote areas.

Primary drivers of the temporary power market include an aging power infrastructure, increased building activity, and an increasing need for reliable and continuous electricity. Because of the growing demand for efficient, faster, and distinctive electrical needs, portable inverter generators are predicted to become more popular over the coming years.

The temporary power industry is anticipated to gain profit from an increasing dependence on renewable energy sources in the face of rising fuel prices, stricter pollution regulations, and expanding global energy demand. In the future, the market is expected to get benefit from the mobile, hybrid, and portable implementation of temporary power systems.

In the event of an emergency, backup or temporary power is provided using a source of electricity. Diesel, gas, HFO, and portable generators are typically used to produce this kind of energy. Depending on the application, petrol generators are used to power it. Temporary electricity is frequently employed in emergencies, events, building sites, and the housing sector.

Report Attributes	Details
Temporary Power Market Size (2022)	US$ 6.53 Billion
Estimated Market Value (2023)	US$ 6.91 Billion
Forecasted Market Value (2033)	US$ 12.14 Billion
Global Market Growth Rate (2023 to 2033)	5.8% CAGR
China Market Value (2033)	US$ 3.01 Billion
China Market Growth Rate (2023 to 2033)	5.9% CAGR
Germany Market Value (2033)	US$ 1.20 Billion
Germany Market Growth Rate (2023 to 2033)	6.3% CAGR
Key Companies Profiled	Larson Electronics; Cummins Inc.; Aggreko Plc.; Energyst B.V.; Hybrid Power Hire; SES Smart Energy Solutions FZCO; Bennett Engineering LLC; APR Energy; Altaaqa Global; Enerwhere; Ashtead Group Plc.

Why is Global Demand for Temporary Power Rising Steadily?

“Adoption of Temporary Power Equipment for Uninterrupted Supply During Construction Operations”

For a variety of uses, temporary electricity provides a practical alternative to traditional power sources during manufacturing, organized events, utilities, mining, and construction operations. It offers effective services with a faster turnaround time and light infrastructure. The temporary power market has recently experienced tremendous growth. The aging power infrastructure is the main factor contributing to enhanced market growth.

The market is expected to perform well over the coming years due to the adoption of temporary power sources to provide uninterrupted power and fulfill specific electricity requirements. An increase in construction operations, increasing demand for steady power, and increasing industry & business operations are anticipated to drive the market.

“Expanding Infrastructure Projects Fueling Demand for Temporary Power Sources”

The need for temporary energy has increased as a result of developments including expanding project infrastructure, a decrease in power supply, and an increase in planned events. Power outages are dangerous and can result in considerable losses at construction sites and hospitals. Temporary power sources are crucial in these circumstances.

There has also been a need for such power sources for utilities and planned events all around the world. As a result, industry leaders have a ton of opportunities in the current market situation throughout the projection period.

What are the Challenges Encountered by Suppliers of Temporary Power Equipment?

“Environmental and Sustainability Concerns Arising Due to Low-cost Fuel”

The temporary power market heavily relies on diesel generators, which contribute to air pollution and carbon emissions. Increasing environmental regulations and a growing focus on sustainability present a challenge for suppliers. Companies operating in this space need to invest in cleaner and more environmentally friendly power solutions such as hybrid generators or renewable energy alternatives to comply with regulations and meet customer demands for greener options.

Temporary power solutions can be expensive, especially for small-scale businesses or projects with limited budgets. The cost of purchasing or renting generators and their maintenance pose financial constraints. Finding cost-effective options while ensuring reliability and performance is a challenge for both providers and customers in the market.

“Operational Challenges with Complex Regulatory Framework”

Temporary power solutions often need to be transported to remote or inaccessible locations, which poses logistical challenges. The availability of suitable infrastructure such as power distribution networks or fuel supply, also limits the feasibility and scalability of temporary power operations in certain areas. Overcoming limitations related to logistics and infrastructure requires efficient planning, coordination, and investment in appropriate resources.

Temporary power providers must navigate a complex landscape of regulations, permits, and compliance requirements. Many countries may have different rules and standards for installing and operating temporary power equipment. Complying with these regulations is a time-consuming and costly process, especially for companies operating across multiple jurisdictions.

Country-wise Insights

How are Temporary Power Systems Upscaling Growth in India?

“Temporary Power Sources Enabling Critical Operations in Remote and Off-grid Areas”

The market in India is anticipated to expand at a steady CAGR of 5.1% and reach US$ 1.23 billion by the end of 2033.

The market has experienced significant growth in recent years. India's growing economy, rapid urbanization, and increasing infrastructure development have created a strong demand for temporary power solutions across various sectors.

The country has numerous remote and off-grid areas that lack access to reliable electricity. Temporary power solutions, including solar-powered generators and microgrids, offer an alternative for these areas, providing electricity for community centers, healthcare facilities, and residential needs.

India's ambitious infrastructure development plans, including smart cities, transportation networks, and power projects, have fueled the demand for temporary power solutions. Construction sites require reliable power sources to support their operations, and temporary power providers play a crucial role in meeting these requirements.

India has faced challenges in meeting its power demand, leading to power deficits and grid instability in certain regions. Temporary power solutions help bridge the gap and provide a reliable and uninterrupted power supply, particularly in areas with inadequate grid infrastructure or during planned and unplanned power outages.

Why are Temporary Power Sources Widely Utilized in the United States?

“Government Investments in Power Infrastructure Modernization and Presence of Prominent Players”

The market in the United States is anticipated to expand at a CAGR of 5.6% and amount to US$ 3.19 billion by the end of 2033.

There is rising demand for power backup devices and the adoption of hybrid power solutions, which include both permanent and temporary power systems, in the United States. This is due to the county's strong presence of major market players and the increasing prominence of temporary power usage.

The market in the United States is expected to be driven by increased government investments in modernizing the existing power infrastructure through the implementation of smart grids since companies already in place are likely to migrate to backup or temporary power sources rather than suffering production losses.

Several planned international events, including music concerts, movie screenings, and art & music festivals that heavily rely on temporary power have been made possible by factors such as high disposable incomes, higher standards of living, and a fully developed entertainment industry. All these factors act as drivers for the temporary power market in the United States.

Category-wise Insights

Which Power-sourced Generator is Most Preferred Over Others?

“Robust and Reliable Diesel Generators Fueling Market Growth”

Demand for diesel generators is anticipated to increase at a CAGR of 6.2% over the projected period.

Diesel generators are widely used in the temporary power market due to their reliability, versatility, and cost-effectiveness. They play a crucial role in providing temporary electric power in various applications and industries.

These generators are known for their robust construction and ability to deliver consistent power output. They can withstand heavy loads and operate reliably in challenging conditions, making them suitable for both short-term and long-term power needs. They are capable of producing high power output, ranging from a few kilowatts to several megawatts, making them suitable for a wide range of applications, including construction sites, events, industries, and emergency backup power.

Diesel fuel is widely available and has a high energy density, allowing diesel generators to operate for extended periods without frequent refueling. Diesel engines are also more fuel-efficient compared to gasoline engines, providing cost savings.

Which End-Use Segment Generates High Market Revenue?

“Technological Advancements in Energy Storage Systems for Utilities”

Demand for temporary power in the utilities segment is projected to increase at a moderate CAGR of 5.6% from 2023 to 2033.

The market plays a significant role in supporting the utility sector by providing reliable and power-efficient solutions in various situations. Providing utility services such as electricity, gas, and water often require temporary power sources to ensure uninterrupted delivery and operations.

Temporary power for utilities is influenced by technological advancements in power generation and distribution. Advanced monitoring systems, remote control capabilities, and intelligent load management enable utilities to optimize their temporary power solutions and ensure efficient operation.

As energy storage technology improves, utilities can leverage temporary power solutions with integrated battery energy storage systems. These systems help utilities manage load fluctuations, enhance grid stability, and enable the effective utilization of renewable energy resources.

Competitive Landscape

The competitive landscape of the market is dynamic and diverse with several players competing to provide reliable and efficient temporary power solutions. The market includes both global and regional companies offering a range of products and services.

Major manufacturers of power generation equipment such as Cummins, Generac, and MTU, also contribute to market growth. They offer a range of generator sets and power systems specifically designed for temporary or rental applications. These manufacturers often collaborate with rental companies or establish dedicated divisions to cater to the market.

• Ericson announced the release of the NEXT Series of Jobsite Power Products in March 2021. The new UL943 and UL 1640 both include self-testing GFCI protection and open-neutral protection, respectively.
• In 2020, Aggreko Plc. introduced a new line of temporary power products, including Aggreko Industrial Power Generators, Aggreko Load banks, Aggreko Electrical Distribution, and others.
• A new line of power distribution panels featuring LVA transformers and a power line feed was introduced by Larson Electronics LLC. By 2020, the load center had outlets, a transformer, and breakers.
• With the introduction of KOHLER Power Reserve energy storage systems in May 2021, Kohler Power introduced a new clean energy line, marking another significant development in the company's drive to support sustainability advances in the housing sector.

Key Segments of Temporary Power Industry Research

• By Power Source :

  • Diesel Generators
  • Gas Generators
  • Dual Fuel Generators
  • Solar Generators

• By End Use :

  • Utilities
  • Oil & Gas
  • Mining
  • Construction
  • Manufacturing

• By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa