openPR Logo
Press release

Power Rental Market Analysis And Forecast (2016-2024): Market Growth, Size And Strategies Of Key Players

07-07-2017 06:11 PM CET | Energy & Environment

Press release from: Transparency Market Research-Energy

Power Rental Market Analysis And Forecast (2016-2024): Market

Global Power Rental Market: Snapshot

Power rental systems cater to the needs of numerous industries during periods of power suspension. During such periods, the power rental units provide back-up systems to keep operations running. Emerging economies and high population rates require more power supply each day. By 2030, the electricity demand worldwide will double at an annual rate of 2.4%, according to the findings of IAEA (International Atomic Energy Agency).

Browse Power Rental Market Research Report: http://www.transparencymarketresearch.com/power-rental-market.html

Augmenting levels of urbanization all over the globe have spurred infrastructural growth, which will in turn boost the demand for power. Repetitive power shortages and inadequate infrastructure in developing countries have been urging several companies to opt for power rental-based solutions. Aged power plants along with power interruption will encourage the power rental market in the coming years. By 2019, the global market for power rental systems is estimated to be worth US$20.64 bn.

Petroleum Industry to Fuel Growth due to Need for Uninterrupted Power Supply

The market includes key end-user segments such as gas and mining, events market, industrial, construction, and government and utilities. Government offices and organizations, telecommunication service sectors, renewable power plants, and hospitals require uninterrupted power supply.

The global power rental market has been divided on the basis of end-use, application, and geography. The key applications in this market include continuous power, peak shaving, and standby systems. The report explains the current trends and projections as to which segment will lead in the application segment, along with statistical data supporting the findings. The peak shaving application market is expected to expand significantly during the forecast period due to energy intensive industries wanting to steer clear of power suspension during peak and non-peak hours.

MEA to Dominate due to Emergence of Altaaqa Global

The power rental market in China is projected to expand at a rapid rate on account of thermal power generation, which will, in turn boost demand in Asia Pacific. In the Middle East and Africa segment, the time is believed to be ripe for tremendous opportunities. This is because of the towering energy needs and popularity of tourism. In 2012, the MEA lead the global market for power rental, claiming about 31% of the revenue. One of the prominent factors behind this development is the establishment of Altaaqa Global, which primarily offers power solutions in and around Dubai, thereby assisting the expansion of the market.

Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1763

Asia Pacific stood second in terms of revenue generation in 2012. Because of the hindrance caused by high levels of undersupply of energy that relies on an outdated, unstable power grid, it is expected that Asia Pacific will witness increasing energy demand, benefitting the market. In North America, the numerous regulatory policies conducted by the American Rental Association (ARA), in addition to growing end-user applications, have substantially profited the power rental market. There are several industries in Europe that generate energy in order to fulfill demand for the same.

Some key players in the market are Hertz Corporation, Kohler Co., United Rentals, Perennial Technologies Pvt Ltd, Atlas Copco AB, and Energyst. One of the leading companies in the power rental market is Aggreko. It has been dominating the market since 2012 and might continue to do so over the course of the forecast period. Customized products by Aggreko have become quite popular. Another market player, Caterpillar, overtook Aggreko, making its hold stronger in the U.S. In North America, APR Energy leads the market for power rental, efficiently fulfilling the demands of consumers. Growing number of market players, both on a local as well as international level, has led to intense competition.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://cmfeglobalreports.blogspot.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 Analysis And Forecast (2016-2024): Market Growth, Size And Strategies Of Key Players here

News-ID: 614939 • Views:

More Releases from Transparency Market Research-Energy

Titanium Diboride Market
Titanium Diboride Market
Titanium diboride is a part of metallic hard materials group. It is widely known for its extreme hardness and its composition. It is composed of boron and titanium that are known for its resistance to mechanical erosion. It is also known to be a reasonable electrical conductor and therefore has application as a cathode material in aluminum smelting. It can also be shaped by electrical discharge machining. Titanium diboride is
Static VAR Generator Market Projected to Grow at Steady Rate through 2025
Static VAR Generator Market Projected to Grow at Steady Rate through 2025
Static VAR (Volt-Ampere Reactive) Generator which is also called high-voltage dynamic responsive power gadget & static synchronous compensator, performs dynamic power compensation with the help of reactive power compensation by a self-commutated control semiconductor connect inverter. Power quality has critical effect on power efficiency of static VAR generator. Good power quality lessens the vitality of energy loss and expands equipment lifespan for lower cost of static VAR generator. Various industries are
Torque Limiter Market Assessment and Forecast Report by Transparency Market Research 2017-2025
Torque Limiter Market Assessment and Forecast Report by Transparency Market Rese …
Torque Limiter Market: Overview A torque limiter is a device that automatically shields mechanical equipment and its work from being damaged because of mechanical overload. It is possible for the torque limiter either uncouple the load completely (shear pin) or simply limit torque by slippage. A torque limiter is particularly useful to reduce damage caused by crash jams and stops. Torque limiters could either be packaged as a hub for sheave
Stormwater Treatment Systems Market Set to Witness Steady Growth through 2017-2025
Stormwater Treatment Systems Market Set to Witness Steady Growth through 2017-20 …
Global Stormwater Treatment Systems Market: Overview Stormwater originates during ice melts and precipitation events. It can run off or be held on the surface eventually getting evaporated or soak into the soil (called infiltration). Stormwater treatment means the removal of toxins and pollutants from the water. Running stormwater is a major source of pollution. The increased flow of stormwater can encourage weed

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