Power Rental Market Segment Forecasts up to 2019, Research Reports:TMR

Transparency Market Res
Power Rental Market for applications in end use - Global
Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2012 – 2019
Published Date
2014-01-28
110 Page Report
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Press Release
power rental market Market is expected to reach USD 8.9 billion in 2019:
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Power Rental Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research "Power Rental
Market for applications (Peak Shaving, Continuous Power and Standby) in End Use (Government
and Utilities, Oil, Gas and Mining, Construction, Industrial, Events) - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2012 - 2019," the global power rental market was
valued at USD 7.28 billion in 2012 and is expected to reach 20.64 billion in 2019, growing at a
CAGR of 16.2% from 2013 to 2019.
Browse the full Power Rental Market Report with TOC at
http://www.transparencymarketresearch.com/power-rental-market.html
Growing energy demand and increased grid instability is one of the key factors attributed to
power rental market growth. Furthermore, increasing alternating power spikes coupled with rising
number of planned and unplanned events are expected to augment market growth. Rising
awareness amongst energy intensive industries to curtail growing energy demand during peak
hours is likely to bolster the product demand. Key challenges faced by the market participants
include stringent environmental regulations against diesel power generators, which are expected
to curb market growth. However, development of evolutionary power rental systems is hopeful to
overcome the challenge. Growing demand arising in off grid regions is expected to generate new
opportunities for the market owing to its convenient portability to remote off grid areas.
Key applications analyzed in this market include peak shaving, continuous power and standby
market. The continuous power application market held a significant share in the overall market
followed by peak shaving and standby applications in 2012. The growing popularity of peak
shaving applications is likely to boost the product demand over the forecast period. The peak
shaving application market is likely to grow at a CAGR 16.8% from 2013 to 2019. Regulatory
intervention by Greenpeace over the energy consumption is expected to trim the product
demand in standby application market over the coming years.
The Middle East and Africa (MEA) dominated global power rental market in 2012, accounting for
more than 31% of the overall market in 2012. Asia Pacific followed MEA accounting for more than
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Power Rental Market
19% market share in 2012. Rising energy demand in MEA is expected to bolster the overall
market growth. Asia Pacific and MEA regions are expected to witness a surge in power rental
systems demand owing to rise in electricity requirement. MEA power rental market is estimated
to reach USD 6.87 billion by 2019 while Asia Pacific market is expected to grow at a CAGR of
16.8% from 2013 to 2019. Key participants in this market include Aggreko plc, APR Energy LLC,
Atlas Copco AB, and Energyst CAT Rental Power. Aggreko plc dominated power rental market in
2012 owing to their global presence and strong distribution network. The report provides an
overview of these companies followed by their financial revenue, business strategies, and recent
developments.
This research analyzes and estimates the performance and market of power rental systems in
the global scenario, providing detailed trend analysis of the market by geography and
comprehensive analysis of companies that are dealing in power rental systems. The report
presents a thorough assessment of the strategies followed by different stakeholders by
segmenting the power rental market as below:
Power Rental Market: Application Analysis
Peak Shaving
Continuous Power
Standby
Power Rental Systems Market: End User Analysis
Government and Utilities
Oil, Gas and Mining
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Power Rental Market
Construction
Industrial
Events
Power Rental Market: Regional Analysis
North America
Europe
Asia-Pacific
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About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
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Power Rental Market
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Companies in a fragmented global power rental market, such as Aggreko, Caterpillar, APR Energy, Cummins Power, and Hertz, have prioritized acquisitions to remain relevant and competitive. The market features numerous large, medium and small sized companies, with the local players competing fiercely with top players, observes Transparency Market Research. Download the Power Rental Industry Fact Sheet by 2019 @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1763 “Strategic acquisitions is one of the key growth models that top players in the global power rental market are focused on,” says the author of the report. For example, in December 2012, Sunbelt Rentals acquired JMR Industries, the latter being an energy rental specialist.