DALLAS, March 5, 2015 /PRNewswire/ --
The report "Middle East and Africa Power Rental Market by End-user (Utilities, Construction, Oil & gas, and Others (Industrial, Shipping, Quarrying & Mining, and Events)), by Fuel Type (Diesel & Gas) and by Region - Trends and Forecast to 2019", report published by MarketsandMarkets, The Power Rental Market in the Middle East and Africa is projected to reach $9,048.25 Million by 2019 at a CAGR of approximately 18% from 2014 to 2019.
Browse 90 market data tables and 56 figures spread through 184 pages and in-depth TOC on "Middle East and Africa Power Rental Market"
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The market segmentation and market size is forecasted on the basis of the power rental industry of the Middle East and Africa regions. The key countries are covered and forecasted for each region. Further, the market is segmented and the market sizes are forecasted on the basis of major end-user segments such as Utilities, Construction, Oil & Gas, and Others.
The Middle East- The power rental market is projected to witness a decent growth in the next five years.
The Middle East is the largest market for power rental. The region which showed a decent growth in the last 10 years accounted for approximately 54% of the total market in 2013. The growth rate has been slackened down due to the decrease in the oil prices.
Utilities- Major end-user segment in market
Utilities capture a lion's share among the entire end-users segment in the Middle East and Africa Power Rental Market. The second major end-user segment is oil & gas due to the oil-rich reserves in the Middle East and Africa. The key driver for the market is the increasing demand of power in the respective regions.
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