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Power Rental Market Research Report, Industry Forecast 2016-2025

04-06-2017 12:16 PM CET | Science & Education

Press release from: Progressive Markets

power rental

power rental

Power rental has become important in developing economies where rental power is necessary to meet the energy demand during peak hours. Using power rentals to meet the energy demand and to provide uninterrupted power is easier and more convenient than maintaining a reserve plant for back up. This is one of the major factor fueling the demand for power rentals in the industrial sector, specifically in developing nations.

For further inquiries, about Power Rental Market enquire here >>>> https://www.progressivemarkets.com/enquiry-about-report/power-rental-market

Based on the end-users, the market segmentation includes oil & gas, construction, mining, utilities, manufacturing, shipping, and others (military and telecommunications). Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Players:
The top players in the global power rental market include Aggreko PLC (UK), Cummins Inc. (U.S.), APR Energy PLC (U.S.), Caterpillar Inc. (U.S.), Ashtead Energy PLC (UK), Rental Power Solutions (U.S.), United Rentals (U.S.), Worldwide Power Products (U.S.), Speedy Hire (UK), and Power Electronics (UK).

Market Dynamics:
Drivers:
• Ageing of conventional grids has led to grid instability, which in turn is contributing to the growth of the global power rental market.
• Growing awareness regarding reduction in energy demand during peak hours is also benefitting the global market.
Restraints:
• Changing preferences and inclination toward renewable energy is expected to hinder growth of the power rental market.

Get Discount on Report: https://www.progressivemarkets.com/get-discount/power-rental-market

KEY TAKEAWAYS
MARKET LANDSCAPE
By Fuel Type
• Diesel
• Gas
• Others
By Application
• Standby Power
• Peak Shaving
• Base Load/Continuous Power

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The company was found with an initiative to bridge the gap between enterprises and global opportunities. It is driven by the sole motive to build an effective channel to communicate up-to-date qualitative and quantitative market intelligence with all-scale participants.

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