Press release
Global Power Rental Market: Emerging Trends, Major Key Players Aggreko (UK) and United Rentals (US)
According to the report The global power rental market size is projected to reach USD 11.7 billion by 2025 from an estimated value of USD 8.6 billion in 2020, at a CAGR of 6.3%. The market for electric vehicle rental is growing rapidly with the increasing demand for electric vehicles. Due to the increase in demand for electric vehicles over the last few years, the growth of this market is expected to continue. The high demand for an electric vehicle is supported by its higher efficiency and technological advancement as compared to conventional vehicles. Growth factors such as governmental directives towards promoting the adoption of an eco-friendly transportation concept, access reducibility as well as declining costs of related technologies are driving the growth of this market across various verticals including residential, commercial, and industrial.Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006390
The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global POWER RENTAL industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.
Impact of COVID-19
The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Power Rental market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend
For Any Query or Customization, Ask Our Industry Experts@ https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006390
Key Players
Some of the major Power Rental players holding highest market share include Aggreko (UK), United Rentals (US), Caterpillar (US) and Herc Rental (US). These players use new product development as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Aggreko (UK)
• United Rentals (US)
• Caterpillar (US)
• Herc Rental (US)
• Ashtead Group (UK)
• Atlas Copco (Sweden)
• Speedy Hire (UK)
• Cummins (US)
• Bredenoord (UK)
• Kohler (US)
• Multiquip (US)
• SoEnergy (US)
• Allmand Brothers (US)
Segmental Analysis
Market Segment By Fuel Type with focus on market share, consumption trend, and growth rate of POWER RENTAL Market:
• Diesel
• Natural Gas
• Others (Dual Fuel, Hybrid, and HFO)
Market Segment By Application with focus on market share, consumption trend, and growth rate of POWER RENTAL Market:
• Peak Shaving
• Standby Power
• Base Load/ Continous Load
Market Segment By Equipment with a focus on market share, consumption trend, and growth rate of POWER RENTAL Market:
• Generators
• Load Banks
• Transformers
• Others (Clamps, Wires, and Temporary Power Plants)
Market Segment By Rental Type with a focus on market share, consumption trend, and growth rate of POWER RENTAL Market:
• Retail Rental
• Project Rental
Market Segment By End-User with a focus on market share, consumption trend, and growth rate of POWER RENTAL Market:
• Utilities
• Oil & gas
• Events
• Construction
• Mining
• Manufacturing
• Telecom & Datacenter
• Others (Shipping, Hospitals, and Military)
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006390
Global Power Rental Geographic Coverage:
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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