Power Rental Market: Global Analysis, Market Share, Size, Trends, Growth Analysis, and Forecast to 2019-2023

Power Rental -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023

Pune, India - February 12, 2019 /MarketersMedia/ —

Power Rental Industry

Description

Wiseguyreports.Com Adds “Power Rental -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database

Global Power Rental Market is accounted for $12.64 billion in 2016 and expected to grow at a CAGR of 10.1% to reach $24.92 billion by 2023. The market is driven by increasing demand for power, new customized compressed air rental solutions and expanding construction activity in GCC countries. However, the presence of stringent regulations coupled with rising environmental awareness, rise in distributed energy and battery storage might hamper the market growth. Next-generation air compressors and obsolete permanent power plants will provide good opportunity for the market growth.

Based on Application, the standby power segment is anticipated to grow at the highest CAGR during the forecast period. Standby power is designated as, the power consumed by electronic and electrical appliances while they are switched off or in standby mode. The transfer switch senses the loss of power and accordingly starts or shuts off the generator. Most units run on diesel, natural gas, or liquid propane gas. Peak shaving will grow significantly as Peak shaving is the process of reducing the amount of energy purchased from the utility company during peak demand hours. Utility companies typically have variable pricing based on demand, and the pricing during the peak demand hours is typically the highest.

The gas generators segment is projected to be the fastest growing market because these generators run mainly on natural gas. They are more efficient and cleaner. They are mostly used for light duty applications, such as supplying electricity for residential purposes. Among the end-user, the construction sector led the market due to growth of infrastructural development in the emerging economies. However, Oil & gas segment is also expected to exhibit substantial demand as there is huge power requirement in onshore and offshore oil and gas fields. Most of the drilling sites and oil rigs are located in remote areas where there is limited access to grid power.

Request for Sample Report @ https://www.wiseguyreports.com/sample-request/2361662-power-rental-global-market-outlook-2017-2023

The European market is anticipated to be the fastest growing power rental market. Factors such as increased power consumption and aging power plants as well as a majority of the nuclear power plants in Europe are over 50 years old, thus, increasing the risks of power outages. Growing construction markets especially in Central and Eastern Europe are aiding market growth for power rentals. Hence with rapid industrialisation and commercialisation engulfing the Eastern European region, the power rental markets are expected to benefit. The North American market is expected to dominate the market during the forecast period due to the macroeconomic factors influencing the market and an increase in infrastructure development.

The key players in global Power Rental market are Aggreko plc, APR Energy, Atlas Copco, Energyst, Himoinsa, United Rentals, Inc., Sunbelt Rentals, Inc., Herc Rentals, Inc. and Caterpillar, Inc.

Fuel Types Covered:
• Gas Generators
• Diesel Generators
• Other Fuel Types

Power Ratings Covered:
• Up to 50 kW Power Rating
• 51 kW–500 kW Power Rating
• 501 kW–2,500 kW Power Rating

Applications Covered:
• Base Load/Continuous Power
• Peak Shaving
• Standby Power

End Users Covered:
• Construction
• Events
• Manufacturing
• Mining
• Oil & Gas
• Shipping
• Utilities
• Other End Users

Leave a Query @ https://www.wiseguyreports.com/enquiry/2361662-power-rental-global-market-outlook-2017-2023

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Buy Now @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=2361662

Continued...

Contact Us: Sales@Wiseguyreports.Com Ph: +1-646-845-9349 (Us) Ph: +44 208 133 9349 (Uk)

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India
Phone: +1-646-845-9349 (US) +44 208 133 9349 (UK)
Website: https://www.wiseguyreports.com/sample-request/2361662-power-rental-global-market-outlook-2017-2023

Source URL: https://marketersmedia.com/power-rental-market-global-analysis-market-share-size-trends-growth-analysis-and-forecast-to-2019-2023/481749

Source: MarketersMedia

Release ID: 481749

More News From Entertainment - The World Insiders

Sale of tickets for Woodstock 50 delayed for now

Apr 25, 2019

NEW YORK — The much-anticipated sale of tickets for this summer's Woodstock 50 anniversary concerts has been put on hold for now. Tickets for the three-day festival on Aug. 16-18 were supposed to be available on Monday. The festival released a statement Thursday, saying: "Woodstock 50 has delayed its on sale while we refine logistical plans." The statement adds, "Ticket on sale information will be available through Woodstock.com in the coming days." Jay-Z, Dead & Company and the Killers were announced as headliners of Woodstock 50, commemorating the groundbreaking Woodstock festival. The festival is set to take place in Watkins...

New Prince album featuring unreleased demos out in June

Apr 25, 2019

NEW YORK — A new Prince album featuring his versions of songs he wrote for other artists will be released in June. The 15-track "Originals" will include "Nothing Compares 2 U," the No. 1 hit for Sinéad O'Connor; "The Glamorous Life," Sheila E.'s signature song and Top 10 pop hit; and Kenny Rogers' "You're My Love," which Prince wrote under the name Joey Coco in 1986. The album will be available on Jay-Z's Tidal streaming platform exclusively for two weeks starting June 7, which would have been his 61st birthday; it will be widely available on June 21, including Spotify...

Bond 25 launches in Jamaica, Rami Malek to play villain

Apr 25, 2019

NEW YORK — The 25th James Bond movie and Daniel Craig's fifth and final installment as 007 is heading home to Jamaica. Craig, Bond producers Barbara Broccoli and Michael G. Wilson, and director Cary Fukunaga on Thursday launched the film from the Caribbean island nation where Ian Fleming wrote all of his Bond novels. The still untitled movie will be partly set in Jamaica, which was also a setting in "Dr. No" and "Live and Let Die." Rami Malek, fresh off his Oscar win for "Bohemian Rhapsody," is joining the cast as the villain. In a videotaped message, Malek said...

Jersey's Springsteen readies a Western-style album

Apr 25, 2019

NEW YORK — Fresh off his Broadway run, New Jersey's Bruce Springsteen looked West for inspiration on a new album he's planning to release on June 14. The 13-song disc is his first new studio album in five years. Titled "Western Stars," Springsteen said Thursday the album draws some inspiration from southern California pop records of the late 1960s and early 1970s. He's releasing a song and video called "Hello Sunshine" after midnight on Thursday. Springsteen wrapped up a 236-show Broadway run last December. Springsteen recorded it primarily at home in New Jersey, with additional work in California and New...

Biden hires strategist Symone Sanders, adds diversity to bid

Apr 25, 2019

WASHINGTON — Joe Biden has hired Symone Sanders, a prominent African American political strategist, as a senior adviser to his newly launched presidential campaign. The move adds a younger, diverse voice to Biden's cadre of top advisers, which has been dominated by older white men. It suggests Biden is seeking to broaden his appeal to a new generation of Democrats. Sanders, 29, rose to prominence during the 2016 campaign as press secretary for Vermont Sen. Bernie Sanders. She then became a high-profile political analyst on CNN and is likely to be a forceful Biden defender on television. Sanders has been...

About Us

The World Insiders brings you exclusive coverage from across the globe in a timely, easy to consume format sourced directly from our regional media partners.

Contact us: sales[at]theworldinsiders.com

Subscribe Now!