Power Rental Market Is Booming Worldwide | Aggreko , Caterpillar , United Rentals , Ashtead Group , and Herc Rental

Global Power Rental report describe Power Rental Introduction, product scope, market overview, market opportunities, market risk, market driving force. The Global Power Rental report analyzes the key regions, with sales, revenue and market share by key countries in these regions.

Power Rental Market is projected to reach USD 21.2 Billion by 2023 from an estimated USD 14.5 Billion in 2018, at a CAGR of 7.89%. This can be attributed to increase in power loss due to aging infrastructure and limited access to electricity in rural areas.Slowdown of global economies and uncertainty in raw material price scan hinder the growth of the market.

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Introduction
1 Objectives of the Study
2 Market Definition
3 Markets Covered
4 Years Considered for the Study
5 Currency
6 Limitations
7 Stakeholders

1,501 kW – 2,000 kW segment held the largest market share in 2017 during the forecast period. These range generators are used in the mining, oil & gas, manufacturing, shipping and utility sectors. These generators are required to provide standby power as well as power during peak shaving. 1,501 kW – 2,000 kW are required in the remote locations where emergency power is required.

Africa is expected to grow at the fastest rate during the forecast period. The African power rental market is majorly driven by the utility segment. The African mining industry accounts for nearly 13% of the world’s mining activities. The frequent power outage, unstable power supply and aging power infrastructure in the region are driving the mine operators to shift towards power rental solution to meet their power requirement.

The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 60%, Tier 2- 27%, and Tier 3- 13%
• By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
• By Region: North America- 40%, Asia Pacific- 21%, Europe-15%, Middle East& Africa-13%, and South America-11%

Some of the prominent players in the Power Rental Market include Aggreko (UK), Caterpillar (US), United Rentals (US), Ashtead Group (UK), and Herc Rental (US).

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The report defines, describes, and forecasts the global power rental market by fuel type, application, equipment, power rating, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges.

The report will provide the market leaders/new entrants in this market information on the closest approximations of the revenue numbers for the overall power renal market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

Power Rental Market, By Equipment: Introduction, Generator, Transformer, Load Bank and others

Access full report on” Power Rental Market by Fuel (Diesel & Gas), Power Rating, Equipment, End Users (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping, Data Center), Application (Peak Shaving, Base Load, Standby), Region - Global Forecasts to 2023”at http://www.rnrmarketresearch.com/power-rental-market-by-fuel-diesel-gas-duel-fuel-hfo-power-rating-end-user-utilities-oil-gas-events-construction-mining-manufacturing-shipping-application-peak-shaving-base-load-stand-by-by-r-st-to-2021-market-report.html .

List of Tables
Table 1 Global Power Rental Market Snapshot
Table 2 Global Electricity Access Rate
Table 3 GDP Contribution (Agriculture, Construction, Mining, Manufacturing, and Utilities) From Top 7 Countries (USD Billion)
Table 4 Power Rental Market, By End-User, 2016–2023 (USD Million)
Table 5 Utilities: Power Rental Market, By Region, 2016–2023 (USD Million)
……and more

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