openPR Logo
Press release

The Global Power Rental Systems Market is Growing at a CAGR of 8.2% Up to 2028 | Top Key Players - APR Energy, United Rentals, Hertz Corporation, Atlas Copco AB, Bredenoord Exploitatiemij B.V., Kohler Co.,Cummins Inc

04-19-2020 01:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INISGHTS

Power Rental Systems Market

Power Rental Systems Market

This detailed market study covers global power rental systems market growth potentials which can assist the stake holders to understand key trends and prospects in power rental systems market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global power rental systems market

Increasing grid instability including power spikes in times of peak demand is predicted to be a key driver for the event of the market. Additionally, the increased focus towards reduction of peak power consumption so as to scale back electricity cost is predicted to reinforce the expansion of the market. Power rental systems are utilized in a spread of industries where there's high demand for continuous power.

Click Here to Get Sample of the Premium Report @
https://www.quincemarketinsights.com/request-sample-61963?utm_source=openPR&utm_medium=Arshad

According to the report, key end-use markets for these systems were government, oil and gas and construction, which together accounted for over 60% of worldwide revenues in 2016. High dependency on power for daily operation of those industries may be a key driver for substantial use of power rental systems. The utilization of those systems in events, wherein there's high demand for temporary power, was a little segment in 2016 but is predicted to grow at the highest CAGR from 2013 to 2020.

Competitive Landscape
Key market players within the global industry include APR Energy, United Rentals, Hertz Corporation, Atlas Copco AB, Bredenoord Exploitatiemij B.V., Kohler Co.,Cummins Inc and Power Electricals Limited. These players have adopted various organic and inorganic growth strategies for expanding their presence in various regions.

Key Insights of Power Rental Systems Market:
o The key applications of power rental systems include peak shaving, continuous power and standby power. However, use of those systems for peak shaving is predicted to be the critical factor for the event of this market and is predicted to grow at the highest CAGR over subsequent seven years.
o Power rental systems are primarily used for power shaving, continuous power or as standby power device. The worldwide market was dominated by continuous power systems which accounted for a large part of the general share in 2016. It's expected that this substantial share will decrease by 2020, as demand for peak shaving systems is rising to beat the outages of grid connection and curbing power bills.

o Middle East and Africa (MEA) was the most important regional marketplace for power rental systems in 2016. The dominance of this region with regards to the presence of oil and gas and housing industry was the key factor for relatively high share and similar trend is predicted over subsequent seven years

o Asia Pacific and North America were the opposite major regions within the market of 2019. However, North America and Europe being mature markets are expected to lose share over the forecast period in light of in-depth environmental regulation in these regions. Asia Pacific is predicted to witness significant growth due to the event of economies like India, China and Indonesia.

o The power rental systems market was fragmented with the highest 5 players accounting for a majority of the market in 2016. Companies are targeting the Asia Pacific and Middle East market in light of the vast opportunities in these regions thanks to industrial growth of varied economies and therefore the presence of an outsized oil and gas industry. Aggreko, Caterpillar and APR Energy are a number of the key participants of the market.

Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

Make an Enquiry for purchasing this Report @
https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-61963?utm_source=openPR&utm_medium=Arshad

Detailed information for markets like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World is provided by the global outlook for power rental systems market . During the forecast period, North America and Western Europe are projected as main regions for shortwave infrared sector. As one of the developed regions, the energy & power sector is important for the operations of different industries in this area

This is one of the key factors regulating power rental systems market growth in those regions. Some of the major countries covered in this region include the USA, Germany, United Kingdom, France, Italy, Canada, etc.

During the forecast period Asia Pacific is expected to be one of the fastest growing regions for the power rental systems market. Some of the fastest-growing economies and increasing energy & power demand to cater for high population & industries are expected to drive demand in this area. During the forecast period, China and India are expected to record large demand. During the forecast period, the Middle East which includes the UAE, Saudi Arabia, Iran, Qatar and others promises high market potential. In terms of market demand during the forecast period, the rest of the world including South America and Africa are developing regions.

This report provides:
1) An overview of the global market for power rental systems market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global power rental systems market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

Market Segmentation:
By Application
o Peak Shaving
o Continuous Power
o Standby Power

By End Use
o Government and Utilities
o Oil and Gas
o Construction
o Industrial
o Events

By Region:
North America Power Rental Systems Market
o By Country (US, Canada, Mexico)
o By Application
o By End Use

Europe Power Rental Systems Market
o By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
o By Application
o By End Use

Asia Pacific Power Rental Systems Market
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Application
o By End Use

Middle East & Africa Power Rental Systems Market
o By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
o By Application
o By End Use

South America Power Rental Systems Market
o By Country (Brazil, Argentina, Colombia, Rest of South America)
o By Application
o By End Use

Reasons to Buy This Report:
o Market size estimation of the Power Rental Systems market on a regional and global basis
o Unique research Usage for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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 The Global Power Rental Systems Market is Growing at a CAGR of 8.2% Up to 2028 | Top Key Players - APR Energy, United Rentals, Hertz Corporation, Atlas Copco AB, Bredenoord Exploitatiemij B.V., Kohler Co.,Cummins Inc here

News-ID: 2015977 • Views:

More Releases from QUINCE MARKET INISGHTS

Vertical Farming Market to Register a CAGR of 23.98% During Forecast Period| Key Players- Koninklijke Philips N.V., Sky Greens Pte. Ltd, AeroFarms LLC
Vertical Farming Market to Register a CAGR of 23.98% During Forecast Period| Key …
The Vertical Farming Market size is predicted to reach USD 8.92 Billion exhibiting a CAGR of 23.98% during forecast period. Stacking farms vertically is referred to as vertical agriculture. Because of this, small land may now be used for greater productivity. It is an atypical technique for growing crops that allows for simple harvesting, insignificant climatic effects, great yields, less pesticide use, smaller crop requirements, and reduced water use. Click here
Sympathomimetic Drug Market is Predicted to Grow at a CAGR of 11.34% During Forecast Period 2023-2032 | Key Players- Pfizer, Sanofi, Novartis, Sterimax, Teva Pharmaceuticals
Sympathomimetic Drug Market is Predicted to Grow at a CAGR of 11.34% During Fore …
The Global Sympathomimetic Drug Market reach USD 9.87 Billion in 2021 and is expected to exhibit a CAGR of 11.34% over the forecast period 2023 to 2032. To boost the sympathetic nervous system's endogenous catecholamines for therapeutic purposes, sympathomimetic medications are employed. These medications mimic or promote the function of the chemical messenger's epinephrine and norepinephrine from the adrenal gland. Click Here to Get a Free Sample Report of this Market-
Clean Label Ingredients Market to Register a CAGR of 7.1% over the Forecast Period | Key Players: Archer Daniels Midland Company, Cargill
Clean Label Ingredients Market to Register a CAGR of 7.1% over the Forecast Peri …
The global clean label ingredients market was estimated at USD 39.21 billion in 2018 and it is anticipated to exhibit a CAGR of 7.1% over the forecast period. Clean label, in the eyes of consumers, refers to ingredients that are easy to understand and identify, are raw and minimally processed, and do not contain any additives or preservatives. Although the exact concept is debatable, the defining problem for our industry is
Advanced Driver Assistance System (ADAS) Market Top Manufacturers, Future Growth Outlook, Trends and Opportunities
Advanced Driver Assistance System (ADAS) Market Top Manufacturers, Future Growth …
The report also studies the recent industry market dynamics like opportunities, challenges, driving factors, restraining factors as well as market news like investments, mergers and acquisitions. It also offers market size, growth rate by types, application as well as compile quantitative and qualitative methods for making micro and macroeconomic forecasts in various countries and regions. This market research report helps in understanding the market and market strategies for the expansions for

All 5 Releases


More Releases for Power

Japan Power Market Outlook to 2030, Update 2018 – The Kansai Electric Power, C …
Japan Power Market This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generation
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E …
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental market’s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distribution
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 …
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan. The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,
Temporary Power Generation/Power Rental Market Analysis by Leading Manufacturers …
A new research study from HTF MI with title Global Temporary Power Generation/Power Rental Market Size, Status and Forecast 2025 provides an in-depth assessment of the Temporary Power Generation/Power Rental including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Temporary Power Generation/Power Rental investments till 2022. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1191683-global-temporary-power-generation-power-rental-market-2 If you are involved in
DC Power Connectors ,DC Power Connectors industry, DC Power Connectors market tr …
Global DC Power Connectors Industry New Study on “2018-2025 DC Power Connectors Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” added to Wise Guy Reports Database This report studies the global DC Power Connectors market status and forecast, categorizes the global DC Power Connectors market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other
Global Temporary Power Generation/Power Rental Market 2017 - Aggreko, HSS, Power …
Increasing power consumption for industrial and commercial applications has built up a demand-supply gap in the power market. This gap is even more evident during the peak hours for electricity consumption. This has led to the development of power rental systems which are capable of providing temporary power during phases of the low power supply. Scope of the Report: This report focuses on the Temporary Power Generation/Power Rental in Global market, especially