Temporary Power Market is estimated to be valued at USD 5.89 Bn in 2025 and is expected to reach USD 10.56 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.7% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 5.89 Bn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
8.70% |
2032 Value Projection: |
USD 10.56 Bn |
The global temporary power market has emerged as a crucial sector, providing reliable and flexible energy solutions in various scenarios, including construction sites, outdoor events, and emergency situations. Temporary power systems, comprising generators, transformers, and distribution networks, offer a dependable and efficient means of electricity supply when permanent power infrastructure is unavailable or inadequate. The market's significance is underscored by its ability to support critical operations, ensure business continuity, and maintain public safety during power outages. As the demand for uninterrupted power supply continues to rise across industries and geographies, the temporary power market is poised for substantial growth, driven by technological advancements, increasing infrastructure development, and the need for reliable backup power solutions.
Market Dynamics
The global temporary power market is influenced by several drivers, restraints, and opportunities. The increasing frequency of natural disasters and power outages is a significant driver, as it highlights the need for reliable backup power solutions. Moreover, the growing demand for electricity in developing countries, coupled with the rapid industrialization and infrastructure development, is propelling the market growth. However, the high initial costs associated with temporary power systems and the availability of alternative power sources, such as renewable energy, may restrain market expansion. On the other hand, the market presents opportunities in terms of technological advancements, such as the development of more efficient and eco-friendly generators, and the integration of smart grid technologies.
Key Features of the Study
- This report provides in-depth analysis of the global temporary power market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global temporary power market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cummins Inc., Caterpillar Inc., Aggreko plc, Atlas Copco AB, Generac Holdings Inc., Kohler Co., Wartsila Corporation, Himoinsa S.L., FG Wilson, Briggs & Stratton Corporation, Kipor Power Equipment Co., Ltd., Apex Generators, Mitsubishi Heavy Industries, Volvo Penta, and Dresser-Rand (Siemens)
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global temporary power market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global temporary power market
Market Segmentation
- Fuel Type Insights (Revenue, USD Bn, 2020 - 2032)
- Application Insights (Revenue, USD Bn, 2020 - 2032)
- Utilities
- Oil & Gas
- Construction & Mining
- Events
- Others
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Cummins Inc.
- Caterpillar Inc.
- Aggreko plc
- Atlas Copco AB
- Generac Holdings Inc.
- Kohler Co.
- Wartsila Corporation
- Himoinsa S.L.
- FG Wilson
- Briggs & Stratton Corporation
- Kipor Power Equipment Co., Ltd.
- Apex Generators
- Mitsubishi Heavy Industries
- Volvo Penta
- Dresser-Rand (Siemens)