MARKET INTRODUCTION
Power rental signifies about the facility of temporarily renting generators or power plants for offering energy to industrial units. Need to replace aging and old power infrastructure with grid stabilization would be helpful in influencing the market growth. In addition, emergence of digital technology solutions to ensure efficient operations is another factor that will assist in simulating the market growth.
MARKET DYNAMICS
The demand for uninterrupted power supply in oil & gas and mining industries and escalating need for electrification in developing countries are some of the driving power rental market. Moreover, integration of power rental generators into renewable energy sources is anticipated to provide ample of growth opportunities to the players operating in the power rental market.
MARKET SCOPE
The "Global Power Rental Market Analysis to 2028" is a specialized and in-depth study of the energy & power industry with a special focus on the global market trend analysis. The report aims to provide an overview of the power rental market with detailed market segmentation- fuel type, power rating, application, end user, and geography. The global power rental market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading power rental market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global power rental market is segmented on the basis of fuel type, power rating, application, and end user. Based on fuel type, the power rental market is segmented into diesel, gas, others. On the basis of power rating, the power rental market is segmented into less than 50 KW, 51 KW to 500 KW, above 500 KW. Based on application, the power rental market is segmented into peak shaving, continuous power, standby. And on the basis of end user, the power rental market is segmented into oil and gas, metal and mining, industrial, construction, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global power rental market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The power rental market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the power rental market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive pest analysis for all five regions for power rental market.
MARKET PLAYERS
The reports cover key developments in the power rental market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from power rental market are anticipated to lucrative growth opportunities in the future with the rising demand for power rental in the global market. Below mentioned is the list of few companies engaged in the power rental market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the power rental market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Atlas Copco AB
- AGGREKO PLC
- Ashtead Group plc
- Bredenoord
- BOWMAN POWER
- Caterpillar Inc.
- Cummins Inc.
- Kohler Co.
- One Source Equipment Rentals, Inc.
- Wacker Neuson
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.