Press release
Power Rental Market Worth USD 20.30 Billion by 2020, Globally
Power is generated by burning fossil fuels such coal, oil or gas to generate steam that drives large turbines that produce electricity. Power rental is referred as plant hire which provide flexibility, reliability, speed and cost-effectiveness. Power on rent can deliver complete operating power packages as well as provide scalable components within large power station installations to various industrial applications.
Browse the full "Power Rental Market by End-User (Oil & Gas, Industrial, Construction and Others) For Peak Shaving, Base Load/ Continuous Power and Standby Power Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at http://www.zionmarketresearch.com/report/power-rental-market
The global power rental market is expected to witness significant growth over the forecast period on account of increasing demand for power across the globe. The increasing power consumption, development of power infrastructure, and increasing construction & development is anticipated to boost the demand of power rental in the coming years. Furthermore, increasing demand for power from oil & gas industry is also a major driving force of the power rental market. However, presence of stringent regulations coupled with rising environmental awareness may hamper the market growth in the near future. Nonetheless, increasing demand for power in emerging economics is expected to open up new growth avenues for the power rental market in the years to come.
Oil & gas, industrial, construction and others are the key end-users of the power rental market. Industrial segment emerged as the leading application segment by accounting for over 22 % of the total revenue generated by the power rental market in 2014. Construction is another key outlet of power rental market and it held over 20% share of overall market in 2014. This is mainly due to growing infrastructural development in the emerging economics. Oil & gas is also expected to exhibit substantial demand within the forecast period.
Based on application, the power rental market can be segmented into peak shaving, base load/continuous power and standby power. Base load/continuous accounted for 45.56% share of total revenue generated in 2014. Base load/continuous segment are expected to exhibit a significant rise in light of the increasing demand from various sectors such as oil & gas, mining and construction and others. Peak shaving is another leading application segment owing to rising awareness among energy intensive industries in order to control the charged over high energy demand during peak hours.
In terms of geography, Middle East & Africa dominated the global power rental market and accounted for 31.63% of total revenue in 2014. This growth is mainly attributed to growing construction and developmental activities in this region. North America was the second largest regional market with 21.32% share of total revenue generated in 2014. Asia Pacific holds immense potential for the industry growth over the forecast period. Recently, emerging economies including India, Brazil, and Saudi Arabia have been contributing significantly to the demand for power rental in industrial sector owing to rapid industrialization.
Request Sample Report @ http://www.zionmarketresearch.com/sample/power-rental-market
Some of the key players include in power rental market such as Atlas Copco, United Rental, Cummins Inc, APR Energy Inc, Caterpillar Inc and Power Electrics.
This report segments the global power rental market as follows:
Global Power Rental Market: End-Users Segment Analysis
Oil & Gas
Industrial
Construction
Others
Global Power Rental Market: Application Segment Analysis
Peak shaving
Base load/ Continuous power
Standby power
Global Power Rental Market: Regional Segment Analysis
North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact US:
4283, Express Lane, Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.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 Worth USD 20.30 Billion by 2020, Globally here
News-ID: 354805 • Views: …
More Releases from zion market research
Polyols (Polyester and Polyether) Market Set to Surpass USD 65 Billion by 2034, …
The global Polyols (Polyester and Polyether) Market is poised for remarkable expansion, projected to grow from USD 34.12 billion in 2024 to approximately USD 65.22 billion by 2034, at a compound annual growth rate (CAGR) of around 6.2% between 2025 and 2034. This growth is largely attributed to increasing demand from construction, automotive, furniture, and packaging sectors, where polyurethane-based materials are witnessing exponential adoption.
🔍 Market Overview
Polyols - particularly polyester and…
Europe Blanket Aerogel Market to Surpass USD 501 Million by 2034, Growing at 9.6 …
The Europe blanket aerogel market is poised for strong growth, reaching around USD 501.04 million by 2034, expanding at a CAGR of approximately 9.6% from its 2024 valuation of USD 200.34 million. This growth trajectory is fueled by rising emphasis on energy-efficient insulation materials, advancements in nanotechnology, and the growing adoption of sustainable building solutions across Europe.
Market Overview
Aerogels are lightweight, porous materials known for their exceptional thermal insulation and low…
Methacrylic Acid Market Set to Reach USD 2,308.39 Million by 2034 - Rising Deman …
The global methacrylic acid (MAA) market was valued at approximately USD 1,397.6 million in 2024 and is projected to expand to USD 2,308.39 million by 2034, registering a CAGR of 4.8% during 2025-2034. This growth is primarily driven by increasing applications in coatings, adhesives, textiles, and electronics, coupled with the rising demand for lightweight, durable, and high-performance materials across industries.
🔬 Overview
Methacrylic acid (MAA) is a transparent organic compound known for…
Microbial Air Samplers Market Size to Surpass USD 592.26 Million by 2034, Driven …
The global microbial air samplers market is witnessing rapid expansion as industries across pharmaceuticals, biotechnology, food & beverage, and healthcare increase their focus on contamination control and air quality monitoring. According to a new report by Zion Market Research, the global market size was valued at USD 315.81 million in 2024 and is expected to reach USD 592.26 million by 2034, growing at a CAGR of 6.49% during the forecast…
More Releases for Power
Thermal power Market is Gaining Momentum with Enel, TATA Power, Reliance Power
The Latest Released Thermal power market study has evaluated the future growth potential of Thermal power market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,…
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,…
Fluid Power Systems Market SWOT Analysis by Key Players: Parker, Eaton, Tokyo Ke …
QY Research has lately published a new report on “Global Fluid Power Systems Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
The Fluid Power Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered…
New research on Medical Power Supply Market To 2022 Profiling SL Power Electroni …
This Global Medical Power Supply market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this…
