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Power Rental Market Worth 21.25 Billion USD by 2021


News provided by

MarketsandMarkets

19 Jul, 2016, 16:30 GMT

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PUNE, India, July 19, 2016 /PRNewswire/ --

The report "Power Rental Market by Fuel (Diesel, Gas, Duel Fuel & HFO), Power Rating, End User (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping), Application (Peak Shaving, Base Load, Stand by), by Region - Global Trends & Forecast to 2021" published by MarketsandMarkets, The global Power Rental Market is projected to grow from an estimated USD 12.88 Billion in 2016 to USD 21.25 Billion by 2021, registering a CAGR of 10.7%. Factors such as lack of electricity access, aging T&D infrastructure and the rise in global construction and infrastructural activities are driving the global market for power rental solutions.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 116 market data Tables and 54 Figures spread through 201 Pages and in-depth TOC on "Power Rental Market - Global Trends & Forecast to 2021"

http://www.marketsandmarkets.com/Market-Reports/rental-power-generation-market-744.html
Early buyers will receive 10% customization on this report.

Utilities-the key end-user of Power Rental Market 

Utilities are the major end-users of power rental solutions. In 2015, utilities constituted the largest segment of the Power Rental Market, and accounted for the largest share of the total market. Increasing power demand, lack of grid stability & support and low electrification rates are the major driving factors of the Power Rental Market in the utilities segment.

Make an Enquiry:  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=744

Stand by power segment expected to grow at the highest CAGR in the Power Rental Market 

The market on the basis of application has been segmented into standby, peak shaving, and base load/ continuous power. Rapidly growing demand for power across different industries is the primary growth driver of this segment.

North America to dominate the market for power rentals 

In this report, the Power Rental Market has been analyzed with respect to six regions namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East. North America is estimated to dominate the market, owing to factors such as aging grid infrastructure and natural calamities, which causes frequent power outages. Furthermore, the construction and manufacturing industry is gradually recovering from the slowdown in 2016 and is also expected to drive the demand for rental power solutions.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Power Rental Market Aggreko PLC (U.K.), Caterpillar Inc. (U.S.), APR Energy PLC (U.S.), Cummins Inc. (U.S.) and Ashtead Energy PLC (U.K.).These players are trying to penetrate developing economies and are adopting various methods to increase their market share.

Browse Related Reports: 

Generator Sales Market by Type (Diesel And Gas), by Power Rating (Below 100 kVA, 100-350 kVA, 350-1000 kVA, Above 1000 kVA), by Application (Standby, Prime Or Continuous Power, Peak Shaving), by End User (Industrial, Commercial, and Residential), & by Region - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/generator-sales-market-47544335.html

Power Rental Global Contracts & Deals Analysis 2011 to 2015 by Fuel (Diesel, Gas), By Application (Peak Shaving, Standby Power, Base Load), by End-Use (Utilities, Oil & Gas, Industrial, Construction, Mining, Events), by Power Rating & by Region

http://www.marketsandmarkets.com/Market-Reports/power-rental-global-contracts-deals-264377625.html

About MarketsandMarkets  

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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