Press release
Asia Pacific Power Rental Market: Industry Outlook, Size (US$ 8.2 Billion), Share, Growth (CAGR of 6.3%), Top Companies Analysis and Research Report 2022-2027
Asia Pacific Power Rental Market Trends:
The growing lack of proper grid infrastructure and the increasing power outages are among the key factors driving the Asia Pacific power rental market. In addition to this, the rising number of infrastructure development projects and the inflating demand for continuous power supply are acting as significant growth-inducing factors. In line with this, the launch of favorable initiatives and policies by the government bodies aimed at improving the metro rail and airport network is also positively influencing the regional market. Besides this, the expanding tourism segment and the escalating construction of hotels and shopping malls in these regions are further catalyzing the market growth. Moreover, the elevating awareness about multiple functional advantages and monetary benefits of these solutions among the end users is expected to propel the Asia Pacific power rental market over the forecasted period.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/asia-pacific-power-rental-market/requestsample
Industry Definition and Application:
Power rental services refer to temporary power equipment and solutions provided by major rental companies to several end-use customers with longer-rental duration. They can be categorized into generators, transformers, load banks, etc. Power rental solutions prove highly effective in numerous stages that range from building construction and site development activities to power plant pre-commissioning. They even include safety devices that perform effective and efficient fuel management. Power rental procedures are highly beneficial as they require low installation costs and zero maintenance and facilitate uninterrupted and reliable power supply. As a result, these services find extensive applications across various sectors in the Asia-Pacific region, such as utilities, oil and gas, construction, mining, data centers, etc.
Key Market Segmentation:
The report has segmented the Asia Pacific power rental market based on fuel type, equipment type, power rating, application, end use industry and country.
Breakup by Fuel Type:
• Diesel
• Natural Gas
• Others
Breakup by Equipment Type:
• Generator
• Transformer
• Load Bank
• Others
Breakup by Power Rating:
• Up to 50 kW
• 51 - 500 kW
• 501 - 2,500 kW
• Above 2,500 kW
Breakup by Application:
• Peak Shaving
• Standby Power
• Base Load/Continuous Power
Breakup by End Use Industry:
• Utilities
• Oil & Gas
• Events
• Construction
• Mining
• Data Centers
• Others
Breakup by Country:
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
Competitive Landscape With Key Players:
The competitive landscape of the Asia Pacific power rental market has been studied in the report with the detailed profiles of the key players operating in the market.
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Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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