From an insight perspective, this research report has focused on various levels of analysis, namely industry analysis (industry trends), market share analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the power rental market,
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Power Rental Market by type 2017-2021 by new Service spreads across 195 pages profiling 18 companies and supported with 92 tables and 43 figures available at rnrmarketresearch.com
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“The power rental market is projected to grow at a CAGR of 8.49%, from 2017 to 2022”
The power rental market is projected to reach USD 20.64 billion by 2022, at a CAGR of 8.49%, from 2017 to 2022. Power rental solutions are required by end-users, such as the utilities, oil & gas, manufacturing, and events sectors, that do not have access to permanent or sufficient grid power to managing peak loads and ensure smooth functioning.
Moreover, these solutions can be deployed with a lower turnaround time and are less capital-intensive, which is expected to boost the demand for power rental solutions. The lack of power infrastructure and an increase in power demand would further drive the demand for power rental solutions.
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“The events end-user segment is expected to grow at the highest CAGR, from 2017 to 2022”
The events segment is expected to be the fastest growing power rental market, by end-user, from 2017 to 2022. Events are defined as planned public or social occasions and can be classified as musical, sports, and other entertainment activities.
In this study, sporting events have also been considered as part of the market. The sports market recorded an expenditure of USD 145 billion in 2015 and is expected to grow at a CAGR of 4% (approximately) over the next five years.
At events, there is a need to fast-track power to maintain a continuous supply of electricity resulting in the high demand for power rental solutions and providing a boost to the power rental market. The events power rental markets in Europe and North America are expected to have larger shares in comparison to the markets in other regions.
Power Rental Market, By Application
Base Load/Continuous Power
Power Rental Market, By End-Users
Oil & Gas
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Power utility providers
Distributed energy generation solution providers
Power rental vendors
Government and industry associations
State and national regulatory authorities
Distribution grid operators
Energy regulatory agencies
Investors and financial community professionals
State or government-owned corporations
Fundamentals of Table of Content:
8 Power Rental Market, By Fuel Type
8.2 Diesel Generators
8.3 Gas Generators
12 Company Profiles
12.1 Caterpillar, Inc.
12.1.2 Caterpillar, Inc.: Product Offering Scorecard
12.1.3 Caterpillar, Inc.: Business Strategy Scorecard
12.1.4 Recent Developments
18.104.22.168 New Product Launches/Expansions/Investments/Awards & Recognitions
22.214.171.124 Partnerships/Collaborations/Joint Ventures/Contracts & Agreements/Mergers & Acquisitions
12.2 Atlas Copco
12.2.2 Atlas Copco: Product Offering Scorecard
12.2.3 Atlas Copco: Business Strategy Scorecard
12.2.4 Recent Developments
12.3 Cummins, Inc.
12.3.2 Cummins, Inc.: Product Offering Scorecard
12.3.3 Cummins, Inc.: Business Strategy Scorecard
12.3.4 Recent Developments
12.4 United Rentals, Inc.
12.4.2 United Rentals, Inc.: Product Offering Scorecard
12.4.3 United Rentals, Inc.: Business Strategy Scorecard
12.4.4 Recent Developments
12.5 Ashtead Group, PLC
12.5.2 Ashtead Group, PLC: Product Offering Scorecard
12.5.3 Ashtead Group, PLC: Business Strategy Scorecard
12.5.4 Recent Developments
12.6 Aggreko, PLC
12.6.2 Aggreko, PLC: Product Offering Scorecard
12.6.3 Aggreko, PLC: Business Strategy Scorecard
12.6.4 Recent Developments
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