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 By Now Request Sample Press Release power rental market Market is expected to reach USD 8.9 billion in 2019: Transparency Market Research Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] 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 Transparency Market Research 2 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 Transparency Market Research 3 Power Rental Market Construction Industrial Events Power Rental Market: Regional Analysis North America Europe Asia-Pacific Get Sample Free Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1 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. Transparency Market Research 4 Power Rental Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 5
Power rental systems act as a supplementary source of power for industries and are beneficial during outages and blackouts. Power rental systems are essential and in demand globally due to the accelerating demand for energy during peak periods. Instability in grid systems is also aiding the market. Power rental systems help keep the production process continuous without interruptions and minimize idle times when power failures occur. Grid instability and Increased Demand due to Shortages in Power Supply Drives Market The market for power rental systems is expected to expand at a robust CAGR of 16.2% between 2013 and 2019 and reach a value of US$20.64 billion. Escalating energy demands and need for dependable power rental systems specifically for industries are driving the power systems market globally. Population density in emerging economies is propelling demand for power, which will in turn expand the overall power rental systems market globally in the next few years. Power rental systems will also be in demand due to increase in public celebrations of festivals, fairs, and events. View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1763
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