Globle Temporary Power Market,2016–2024 Globle Temporary Power Market,2016–2024 | Page 3
Temporary Power Market
utilities, events, mining, oil and gas, construction, manufacturing, and others. Region wise
the temporary power market is diversified into the Middle East and Africa, Asia-Pacific,
North America, Europe and South America.
Global Temporary Power Market: Growth Factors
The segment that contributed the largest share in the market is the diesel generators. The
developing countries have a huge demand for the energy. There has been frequent
blackouts and power outages by the existing grid infrastructure which are not satisfying the
increasing power demand thus boosting the demand for the temporary power. The
industries find such blackouts very costly in terms of their economy. The diesel generators
come in rescue to supply the power in the industries, residential and commercial sectors in
cases when there is the power cut. The events end user segment is the fastest growing
segment in the temporary power market. The growing number of events such as sports and
other big events are driving the temporary power market.
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Global Temporary Power Market: Regional Analysis
The region that is dominating the temporary power market is North America followed by the
Asia Pacific and South America. The country that accounted for the major share in the
temporary power market is the US. The factor that attributed to this growth is the T&D
infrastructure that is aging which causes blackouts and frequent outages of power. The
getting better construction industry in the North American region is the prime factor that is
contributing towards the temporary power market growth. There are many countries around