The report "Power Rental Market by End-User Industry, By Applications (Peak, Prime/Base & Standby), & Generator Types (Diesel & Gas Generator) - Global Trends & Forecasts (2012 - 2019) " defines and segments the global power rental market with an analysis and forecast of the revenue. The power rental market will grow from an estimated $10,729 million in 2014 to $21,672 million by 2019 with a CAGR of 15.1% from 2014 to 2019.
Browse 102 market data tables and 24 figures spread through 235 pages and in-depth TOC on "Power Rental Market by End-User Industry, By Applications (Peak, Prime/Base & Standby), & Generator Types (Diesel & Gas Generator) - Global Trends & Forecasts (2012 - 2019)".
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The Middle East: Largest market for power rental market
The Middle East holds the largest market for power rental with the most number of activities in the utilities, and construction end-uses in the Saudi Arabia, United Arab Emirates, and Qatar. This region has also seen a rise in investments for oil and gas, industrial, construction, and utilities activities from power rental operators in the Middle East, thus, boosting its global position.
Power rental market: Biggest market by type
The diesel generator type is the single largest power rental market type used across the globe and is suitable for all purposes. The power rental market is expected to witness maximum number of agreements and expansion activities for the forecasted period. The Middle East and Asia-Pacific are the major regions where the demand for power rental has boosted the market.
The power rental market is a rewarding market from the perspective of utilities industry. Global expansions are likely to play a key role in increasing the share of the market players. The leading service providers of industry include Aggreko Plc. (U.K.), APR Energy Plc. (U.S.), Ashtead Group Plc. (U.K.), Atlas Copco AB (Sweden), Bredenoord Exploitatiemij B.V. (The Netherlands), Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), Speedy Hire Plc. (U.K.), The Hertz Corporation (U.S.), United Rentals (U.S.). The services of these companies are used by utilities companies, oil & gas companies, manufacturing companies, construction companies, mining companies, and event organizers. The Middle-East region is dominating the market owing mainly to the utility, construction, and oil & gas industry. Moreover, the high rental of the generators in these industries has helped in increasing the penetration of the market in the Middle-East. The North American power rental market is in its mature stage and emissions norms are restricting the growth of the market in the region.
The report estimates the market size of submarkets for the power rental market and applications in the key markets of Asia-Pacific, the Middle East, Europe, North America, Latin America, and Africa. In addition to market forecasts, the report also highlights key opportunity areas for the relevant stakeholders analyzing trends, opportunities, drivers, and inhibitors for the market.
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In order to provide a deeper understanding of the competitive landscape, the report profiles ten key players of the power rental market, and provides more than seventy market tables, categorized into geographic regions, end-use, applications, generator types and applications.
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