Product Code: ETC4532965 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India temporary power market import shipment experienced a significant decline with a CAGR of -15.0% from 2020 to 2024. The growth rate between 2023 and 2024 further plummeted by -68.3%, indicating a sharp contraction in market activity. The market exhibited a pronounced deceleration and faced challenges during this period.
The temporary power market in India is expanding in response to the need for reliable and flexible power solutions for various industries and events. Temporary power solutions, including generators and power distribution systems, are essential for bridging power gaps during planned or unplanned outages, construction projects, and large-scale events. With India infrastructure development and the growth of the events and entertainment industry, the demand for temporary power is increasing. Government initiatives to improve the power supply in remote and rural areas are also driving the growth of the temporary power market.
The India Temporary Power market is driven by the need for reliable power supply during temporary events, construction projects, and emergencies. Temporary power solutions ensure uninterrupted operations in various sectors. India rapid urbanization, infrastructure development, and events industry contribute to the demand for temporary power services.
The temporary power market in India faces various challenges. One significant issue is the lack of consistent and reliable power supply in many regions, which necessitates the use of temporary power solutions. This irregular power supply can be detrimental to businesses and industries, leading to increased reliance on temporary power, but it also underscores the larger issue of grid reliability. Additionally, the cost of renting or leasing temporary power equipment can be high, making it a financial burden for many entities. The market also needs to address issues related to fuel availability, environmental concerns, and regulatory compliance to support the growth of the temporary power market in India.
The India Temporary Power Market was impacted by the COVID-19 pandemic, with reduced demand from industries and events due to lockdowns and restrictions. However, the need for reliable backup power solutions in emergencies and for temporary projects remains significant. Post-pandemic, the market is expected to recover as industries and events gradually resume their activities.
Temporary power solutions are essential for events, construction sites, and emergency situations. Major players like Aggreko, Cummins, and Atlas Copco provide temporary power generation and distribution services, ensuring reliable electricity supply on a short-term basis.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Temporary Power Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Temporary Power Market Revenues & Volume, 2021 & 2031F |
3.3 India Temporary Power Market - Industry Life Cycle |
3.4 India Temporary Power Market - Porter's Five Forces |
3.5 India Temporary Power Market Revenues & Volume Share, By Generator Rating, 2021 & 2031F |
3.6 India Temporary Power Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 India Temporary Power Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 India Temporary Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities and infrastructure development in India leading to a higher demand for temporary power solutions. |
4.2.2 Rising frequency of power outages in certain regions, necessitating the use of temporary power sources. |
4.2.3 Growth in the events and entertainment industry, requiring temporary power solutions for concerts, festivals, and exhibitions. |
4.3 Market Restraints |
4.3.1 Regulatory challenges and uncertainties in the Indian power sector impacting the adoption of temporary power solutions. |
4.3.2 Fluctuating fuel prices affecting the operational costs of temporary power providers. |
4.3.3 Limited awareness and acceptance of temporary power solutions among certain consumer segments. |
5 India Temporary Power Market Trends |
6 India Temporary Power Market, By Types |
6.1 India Temporary Power Market, By Generator Rating |
6.1.1 Overview and Analysis |
6.1.2 India Temporary Power Market Revenues & Volume, By Generator Rating, 2021-2031F |
6.1.3 India Temporary Power Market Revenues & Volume, By Less than 80 kW, 2021-2031F |
6.1.4 India Temporary Power Market Revenues & Volume, By 81-280kW, 2021-2031F |
6.1.5 India Temporary Power Market Revenues & Volume, By 281-600 kW, 2021-2031F |
6.2 India Temporary Power Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 India Temporary Power Market Revenues & Volume, By Events, 2021-2031F |
6.2.3 India Temporary Power Market Revenues & Volume, By Utilities, 2021-2031F |
6.2.4 India Temporary Power Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 India Temporary Power Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 India Temporary Power Market Revenues & Volume, By Mining, 2021-2031F |
6.2.7 India Temporary Power Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3 India Temporary Power Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 India Temporary Power Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.3 India Temporary Power Market Revenues & Volume, By Gas, 2021-2031F |
6.3.4 India Temporary Power Market Revenues & Volume, By Others Duel Fuel & HFO, 2021-2031F |
7 India Temporary Power Market Import-Export Trade Statistics |
7.1 India Temporary Power Market Export to Major Countries |
7.2 India Temporary Power Market Imports from Major Countries |
8 India Temporary Power Market Key Performance Indicators |
8.1 Average duration of power outages in target regions. |
8.2 Number of industrial projects using temporary power solutions. |
8.3 Growth in the number of events and exhibitions requiring temporary power services. |
8.4 Utilization rate of temporary power equipment in key sectors. |
8.5 Investment in renewable energy sources impacting the demand for temporary power solutions. |
9 India Temporary Power Market - Opportunity Assessment |
9.1 India Temporary Power Market Opportunity Assessment, By Generator Rating, 2021 & 2031F |
9.2 India Temporary Power Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 India Temporary Power Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 India Temporary Power Market - Competitive Landscape |
10.1 India Temporary Power Market Revenue Share, By Companies, 2024 |
10.2 India Temporary Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |