Global Power Rental Market, Market Forecast, Market Trend, Market Research and Opportunity, Market Study, Size and Share – 2014-2027

Overview

The rise in infrastructure development can later on increase the demand for electricity and power that is one among the essential requirements for the development of a country. Developing economies like India, Brazil, South Africa, and Argentina face a shortage of electricity attributable to lack of permanent power capacity, thereby triggering the demand for power rentals. Failure to predict future electricity demand and therefore the inability to finance major capital projects have also created a marketplace for power rental solutions. North America is evaluated to be the biggest marketplace for power rental solutions, followed by Africa and also the Asia-Pacific. This growth are often attributed to the aging T&D infrastructure that causes frequent power outages and blackouts. The convalescent construction industry in North America may be a major issue for growth of power rental solutions. Africa is the second largest marketplace for power rental solutions. Various countries within the Africa and Asia-Pacific regions still don’t have 100% access to electricity. These factors are expected to fuel the demand within the power rental market. The market for Global Power Rental Market are expected to grow at a CAGR of 8.51% during the analysis period, 2017-2027.

Market Dynamics

Drivers

  • increased power consumption
  • Aging power plants
  • Increasing the risks of power outages
  • Urbanization
  • Increasing demand for transportation, accommodation, and retail infrastructure

Restraints

  • Payment issues in underdeveloped and developing nations
  • Rise in T&D expenditure
  • Uncertainty in raw material prices

Report Key Benefits

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Market Segments

By Application

  • Standby Power
  • Base Load/Continuous Power
  • Peak Shaving

By End-Users

  • Utilities
  • Manufacturing
  • Shipping
  • Construction
  • Oil & Gas
  • Mining
  • Events
  • Others

By Power Rating

  • Up to 50 kW Power Rating
  • 51 kW–500 kW Power Rating
  • 501 kW–2,500 kW Power Rating
  • Above 2,500 kW Power Rating

By Fuel Type

  • Gas Generators
  • Diesel Generators
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Middle East
    • Rest of LAMEA

Company Profiles

  • Power Electrics Bristol Limited
  • Atlas Copco
  • United Rentals, Inc.
  • Hertz Equipment Rental Corporation
  • Cummins, Inc.
  • Caterpillar, Inc.
  • Multiquip, Inc.
  • Wartsila Corporation
  • Wacker Neuson SE
  • Smart Energy Solutions
  • Kohler Co.
  • Ashtead Group, PLC

Target Audience

  • Government and industry association
  • Energy regulatory agencies
  • Power utility providers
  • Power rental vendors
  • State and national regulatory authorities
  • State or government-owned corporations
  • Distribution grid operators
  • Distributed energy generation solution providers
  • Investors and financial community professionals
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