GITNUX MARKETDATA REPORT 2024
Temporary Power Industry Statistics
Temporary Power Industry is estimated to grow at a steady rate due to increasing demand for reliable power sources in various sectors such as construction, events, and utilities.
In this post, we will explore key statistics and trends in the temporary power industry, offering insights into its growth projections and market dynamics. With a focus on market values, regional trends, and sector-specific growth rates, this analysis provides a comprehensive overview of the global temporary power market landscape. From anticipated market sizes to sector contributions, we delve into the essential data driving the industry forward.
Statistic 1
"The global temporary power market is anticipated to reach USD 10.6 billion by 2025."
Statistic 2
"The North America market is expected to register a CAGR of 11.8% in the temporary power industry from 2017 to 2025."
Statistic 3
"By 2027, the global temporary power industry is poised to reach $8,678.9 million."
Statistic 4
"In 2020, the commercial sector accounted for nearly one-fourth of the total market share in the temporary power industry."
Statistic 5
"The Asia Pacific is expected to be the fastest-growing economy in the temporary power industry with a YoY growth rate of 12% from 2020 to 2027."
Statistic 6
"The temp power market size was at USD 5.77 billion in 2020."
Statistic 7
"In 2020, the diesel segment held 57.3% of the total share in the temporary power market."
Statistic 8
"From 2020 to 2027, the oil & gas sector is projected to grow at a CAGR of 5.4% in the temporary power market."
Statistic 9
"Europe contributed to the highest share in 2020, contributing more than two-fifths of the global temporary power market."
Statistic 10
"In 2019, North America generated $1.5 billion in revenue from the temporary power market."
Statistic 11
"South America's temporary power market is expected to grow at a CAGR of 3.8% in the forecast period (2020-2027)."
Statistic 12
"The largest segment of the temporary power system worldwide is diesel generators, having 43.25% of the market share in 2019."
Statistic 13
"During the forecast period of 2021-2026, the temporary power market is expected to grow at a CAGR of over 5%."
Statistic 14
"In the recovery period after the 2021 economic slowdown due to the pandemic, the CAGR in Asia-Pacific is expected to be around 5.17%."
Statistic 15
"The load factor segment is projected to hold 66% of the market share by 2026."
Statistic 16
"By 2027, natural gas is set to grow at a CAGR of 6.3% in the temporary power market."
Statistic 17
"In 2019, the global demand for electricity in the temporary power market was over 22,000 MW."
Statistic 18
"The LAMEA region is projected to witness significant growth during the forecast period (2020-2027) with a CAGR of 4%."
Statistic 19
"In the year 2026, the power rating of above 10,000 KW for temporary power is projected to account for 27% of market revenue."
Statistic 20
"By 2030, the African continent will require an approximate investment of $3 trillion in the temporary power market."
Jannik Lindner
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