Global Power Rental Market Size, Share & Industry Forecast 2020-2028

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Power Rental Market

• by Fuel Type (Diesel, Gas, Others), Application
  (Peak Shaving, Standby Power, Base Load), End
  User (Utilities, Oil Gas, Construction, Mining,
  Manufacturing, Others) and by Region, Global
  Forecast, 2018 to 2028

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2
Increasing Power Demand In Industrial And
Commercial Applications Is Boosting The Power
Rental Market Growth

• The rapid industrialization in developing
  economies followed by increasing power demand is
  expected to provide potential opportunities for
  the power rental industry.
• The global power rental market size was valued at
  gtUSD 14 billion in 2019. In addition, it is
  projected to gather a CAGR of above 7 over the
  forecast years 2020-2028. Increasing need for
  continuous power supply in pharmaceutical
  industry, transportation logistics, building
  construction, energy industry, oil gas, marine
  industry, and data centre is expected to increase
  power rental market penetration over the coming
  years. Floods, critical weather events, and
  recurrent power outages due to storms affect
  different industrial operations, emergency
  services, telecom operations, and commercial
  establishments. Therefore, reliable and strong
  power backup system is expected to increase power
  rental market concentration over the projected
  period. However, volatile crude oil prices,
  stringent government regulations on carbon
  emission, high maintenance cost associated with
  diesel gensets, and emerging renewable energy
  sources are expected to be the major threat for
  rental power industry.
• The report also outlines the various
  characteristics of the global power rental
  industry by assessing the market from porters
  five forces analysis, PESTEL analysis, and value
  chain analysis. Moreover, the power rental market
  report comprises various qualitative parts such
  as market restraints, important market drivers,
  and opportunities. Furthermore, the report
  provides a complete assessment of the market
  through company profiling and the competitiveness
  of the local as well as global companies.

3
Increasing Power Demand In Industrial And
Commercial Applications Is Boosting The Power
Rental Market Growth

• The power rental market has solid competition
  amongst the already well-known and new market
  players. Also, the power rental industry players
  are pursuing possible markets to seize a
  competitive advantage among the other
  manufacturers operating in this industry by
  forming mergers acquisitions, agreements,
  acquiring other companies, establishing
  collaboration partnerships, and growing their
  business existence. For instance, in April 2017,
  United Rentals, a U.S. based equipment rental
  company acquired NES Rentals Holdings. This
  acquisition is expected to strengthen United
  Rentals product portfolio in Gulf States,
  Midwest, and East Coast.
• North America dominated power rental market in
  2019. Presence of well-established generator
  manufacturers followed by ongoing diesel and gas
  power plants is expected to propel rental power
  market growth in this region. Asia Pacific is
  expected to be the fastest growing region over
  the forecast period. Rapid industrialization
  followed by rising need of power back up in
  agriculture and construction industry is expected
  to drive the market.
• The major players of the global power rental
  market are Caterpillar, Atlas Copco, Cummins,
  United Rentals, Ashtead Group, Aggreko, APR
  Energy, Bredenoord Exploitatiemij B.V., Kohler,
  and Rental Solutions Services. Moreover, the
  market comprises several other prominent players
  in the power rental market that are Herc
  Holdings, Generac Power Systems, Wacker Neuson
  SE, Wärtsilä Corporation, Speedy Hire, Smart
  Energy Solutions, Soenergy International, and
  Multiquip. The power rental market consists of
  well-established global as well as local players.
  In addition, the previously recognized market
  players are coming up with new and advanced
  strategic solutions and services to stay
  competitive in the global market.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/power-rental-market

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Key Segments of the Global Power Rental Market

• Fuel Type Overview, 2018-2028 (USD Million)
• Diesel
• Gas
• Others
• Application Overview, 2018-2028 (USD Million)
• Peak Shaving
• Standby Power
• Base Load

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Key Segments of the Global Power Rental Market

• End User Overview, 2018-2028 (USD Million)
• Utilities
• Oil Gas
• Construction
• Mining
• Manufacturing
• Others
• Regional Overview, 2018-2028 (USD Million)
• North America (U.S., Canada)
• Europe (Germany, United Kingdom, France, Rest of
  Europe)
• Asia Pacific (China, Japan, India, Rest of Asia
  Pacific)
• South America (Brazil, Rest of South America)
• Middle East Africa (Saudi Arabia, South Africa,
  Rest of Middle East Africa)
• South America (Brazil, Rest of South Americ)
• Purchase a single user copy of the global Power
  Rental Market report_at_ https//www.adroitmarketrese
  arch.com/researchreport/purchase/1680

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