Vietnam Temporary Power Market is projected to grow at a high CAGR by 2027 owing to the alarmingly high number of power cuts in the country as a result of which the industrial as well as commercial sector is likely to adopt temporary power. Industries would prefer to switch on backup power to avoid production losses that can be caused due to power cuts and thus drive the market for Temporary Power in Vietnam during the forecast period. Moreover, due to the lack of a proper power distribution and transmission, the government is investing in updating the outdated power supply. This is in turn anticipated to fuel the demand for temporary power by 2027. Further, the government initiatives to electrify the rural areas will drive the growth of the market in the future. Based on the fuel type, the diesel generator segment is expected to lead the market in the next five years, due to their increasing adoption across various end users like manufacturing, utilities and mining etc where temporary power is used as a backup to avoid losses due to frequent power cuts.
Some of the leading players in the Vietnam Temporary Power Market are Aggreko PLC, APR Energy Inc., Ashtead Group Plc, Caterpillar Inc., Power Electrics, Speedy Hire, United Rentals, Cummins Inc., Hertz Corporation, Kohler etc.
Objective of the Study
- To analyse and forecast the market size of Vietnam
Temporary Power Market, in terms of value.
- To classify and forecast Vietnam Temporary
Power based on fuel type, power rating, end-user and regional
distribution.
- To identify drivers and challenges for Vietnam
Temporary Power Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Vietnam
Temporary Power Market.
- To conduct the pricing analysis for Vietnam Temporary
Power Market.
- To identify and analyse the profile of leading
manufacturers involved in the Vietnam Temporary Power Market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of
Market insights research calculated the market size of Vietnam Temporary Power Market using a bottom-up approach, where value data for power line were recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by Market insights research.
Key Target Audience
- Engine/generator
manufacturers
- Dealers
and suppliers
- Power
grid infrastructure companies
- Transmission
& distribution utilities
- Temporary
power companies
- Consulting
companies in the energy and power sector
- Industrial
associations
- Research
organizations and consulting companies.
- Government
Institutions.
- Market
research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for
2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share,
competitive landscape, growth factors, and trends
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Segments covered
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Fuel type
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Power Rating
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End user
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Regional scope
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Central Region, Northern Region, Southern
Region
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Key companies profiled
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Aggreko PLC, APR Energy Inc., Ashtead
Group Plc, Caterpillar Inc., Power Electrics, Speedy Hire, United Rentals,
Cummins Inc., Hertz Corporation, Kohler.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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