Power Rental Market, by Fuel Type, Applications, End-Use, and Geography

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Power Rental Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016-2025
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REPORT DESCRIPTION
Power Rental MarketOverview
Power rental plants are required for temporary
supply of power for industries due to the
supply-demand gap in electricity. To avoid
financial losses, industries requires a constant
power supply. Therefore, industries use
additional power by introducing short-term
initiatives, such as leasing or renting addition
power by using diesel generators to fulfill their
need for power. Major drivers propelling the
growth of power rental market globally include
rapidly developing construction industry.
According to CMI, the global construction
industry is projected to expand at a CAGR of 5.8
from 2017 to 2025. North America led the power
rental market and is expected to witness a CAGR
of 6.4 during the forecast period. Increasing
demand for electricity and challenges in power
sector, such as federal carbon policies on carbon
emission and meeting energy targets are the main
reasons for development of power rental market in
this region. The emerging economies in Asia
Pacific such as India and China, are expected to
propel the growth of power rental market in the
region in near future. Furthermore, industries
such as construction, event, oil and gas, mining,
manufacturing, and shipping have a high
requirement for rental electricity for continuous
operation. These factors are highly responsible
for the growth of the power rental market in Asia
Pacific.
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REPORT DESCRIPTION
Power Rental MarketSegmentation

• Global Power Rental Market, By Fuel
• Diesel
• Gas
• Others
• Global Power Rental Market, By Application
• Peak Shaving
• Base Load/ Continuous
• Stand by
• Global Power Rental Market, By End User
• Utilities
• Oil Gas
• Events
• Construction
• Mining
• Manufacturing
• Shipping
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REPORT DESCRIPTION
Power Rental MarketKey Players

• Major players involved in Power Rental Market
  include
• Aggreko PLC
• United Rentals
• APR Energy
• PLC
• Caterpillar
• Cummins
• Hertz Equipment Rental Corporation
• Generac Power Systems
• To know the latest trends and insights prevalent
  in this market, click the link belowhttps//goo.g
  l/MUoY5h

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