According to Cognitive Market Research, the global Temporary Power market size will be USD 6851.2 million in 2024. It will rise at the compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2740.48 million in 2024 and will rise at the compound annual growth rate (CAGR) of 9.7% from the year 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2055.36 million.
Asia Pacific held a market share of around 23% of global revenue with a market size of USD 1575.78 million in 2024 and will rise at the compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.
Latin America had a market share of more than 5% of global revenue with a market size of USD 342.56 million in the year 2024 and will rise at a compound annual growth rate (CAGR) of 10.9% from the year 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 137.02 million in 2024 and will rise at the compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The solar generator category is the fastest growing segment of the Temporary Power industry
