Press release
Power Rental Market 2018-2026 | Top Leading Player Included Aggreko PLC, United Rentals, Inc., APR Energy, PLC, Caterpillar, Inc., Cummins, Inc., Hertz Equipment Rental Corporation, Generac Power Systems, and Rental Solutions & Services, LLC.
Download PDF Brochure of this Report Made by an Industry Experts @
https://www.coherentmarketinsights.com/insight/request-pdf/973
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.
Among applications, base load/continuous segment held the leading position with a market share of around 43.5% in the power rental market in 2016. Base load or continuous power plant takes minimum power generation to provide continuous electricity supply. The other types of continuous power plant are geothermal power plant, tidal power plant, and coal-fired power plant among others.
On the basis of end users, construction and oil & gas industries held the largest position in 2016, owing to high adoption rate of power rental technologies by industries. According to American Chemistry Council (ACC), 294 new chemical projects started in the U.S. in 2017, due to availability of cheap and abundant ethane and shale gas. The ever increasing demand for oil and gas all over the world is the major factor driving the growth of global power rental market. According to International Energy Outlook, 2016, the global energy demand is set to increase from 268 mboe/d in 2013 to 399 mboe/d by 2040.
Base load/continuous was the largest segment in 2016 and is expected to maintain its position during the forecast period. Base load segment was valued at US$ 5.55 billion in 2016 and is expected to grow at a CAGR of 7.3% during 2017 - 2025.
Major Players in the Global Power Rental Market:
Some of the major players in the power rental market include Aggreko PLC, United Rentals, Inc., APR Energy, PLC, Caterpillar, Inc., Cummins, Inc., Hertz Equipment Rental Corporation, Generac Power Systems, and Rental Solutions & Services, LLC.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Power Rental Market 2018-2026 | Top Leading Player Included Aggreko PLC, United Rentals, Inc., APR Energy, PLC, Caterpillar, Inc., Cummins, Inc., Hertz Equipment Rental Corporation, Generac Power Systems, and Rental Solutions & Services, LLC. here
News-ID: 1443307 • Views: …
More Releases from Coherent Market Insights
Tumor Treating Fields Market Exclusive Report with Detailed Study Analysis By 20 …
The qualitative latest Research report (2025-2032) on the Tumor Treating Fields Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves.
Request a Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/6393
Focused on growth…
Personalized Psychiatry Market Exclusive Report with Detailed Study Analysis | G …
The qualitative latest Research report (2025-2032) on the Personalized Psychiatry Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves.
Request a Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/6387
Focused on growth and…
Medical Health Screening Services Market Future Trends and Scope Analysis Report …
The qualitative latest Research report (2025-2032) on the Medical Health Screening Services Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves.
Request a Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/6376
Focused on…
Integrated Patient Care Systems Market Size and Analysis 2025-2032 | Cerner C …
The qualitative latest Research report (2025-2032) on the Integrated Patient Care Systems Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves.
Request a Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/6367
Focused on…
More Releases for Rental
Construction Equipment Rental (Ez Equipment Rental)
Whatever Your Project Needs, We Have The Solution
We understand purchasing heavy equipment isn't always the best option for a business, especially if you only need a machine temporarily.
EZ Equipment Rental LLC services industrial businesses with the equipment they need to operate, as well as homeowners and handymen tackling residential projects. Our inventory is stocked with bucket trucks, concrete equipment, generators, lighting, pumps, saws, jumping jacks, air compressors, pressure washers, earthmoving…
Machinery Rental Market Growth Drivers, and Competitive Landscape |United Rental …
The Machinery Rental Market Trends Overview 2024-2031:
A new Report by Worldwide Market Reports, titled "Machinery Rental Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Machinery Rental market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as…
Floorcare Equipment Rental Market Size in 2023 To 2029 | Hejny Rental, Herc Rent …
Floorcare Equipment Rental market report includes market-driving factors, major obstacles, and restraining factors impeding market growth. The report assists existing rental providers and start-ups in developing strategies to combat challenges and capitalize on lucrative opportunities to gain a foothold in the global market. Moreover, the report provides thorough information about prime end-users and annual forecast during an estimated period.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=7629985
Descriptive company…
Future Growth: Equipment Rental Platform Market Sees Promising Growth in 2022 Un …
Global Equipment Rental Platform Market Research Report provides a key analysis of the market status of the Equipment Rental Platform with the best facts and figures, meaning, definition, SWOT analysis, expert opinions, and the latest developments across the globe. The report also calculates the market size, Sales, Price, Revenue, Gross Margin, Market Share, cost structure, and growth rate. The report considers the revenue generated from the sales of This Report…
Machinery Rental Market Growing Demand, Industry Growth And Scope with Outlook 2 …
Worldwide Market Reports provide important in-depth insights for the Machinery Rental Market In its recently released study. It includes global industry analysis, size, share, growth, trends, and forecast for 2022-2029. The market study for Machinery Rental has been created after careful consideration of the current trends in the industry. It provides a clear, fact-filled overview of the market definition. The research focuses on the market size for Machinery Rental, latest…
Forklift Rental Market 2019 by Top Vendor Analysis-Kanoo Machinery, Peax Equipme …
The report Forklift Rental Market 2019 Research highlights key dynamics of Global Forklift Rental Industry sector.
The report explicit the complete details covering product definition, product type, and application. The report covers helpful subtleties which are sorted dependent on generation region, major players, and item type which will give a simplified view on the business. The market report shows the competitive scenario of the major market players dependent…
