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.
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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.
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