Power Rental Market
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Published By:Zion <strong>Market</strong> Research<br />
Global <strong>Power</strong> <strong>Rental</strong> <strong>Market</strong>: Industry Size, Share,<br />
Trends Analysis and Forecast, 2015 – 2021<br />
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<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research has published a new report titled “<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong> by End-User<br />
(Oil & Gas, Industrial, Construction and Others) For Peak Shaving, Base Load/ Continuous<br />
<strong>Power</strong> and Standby <strong>Power</strong> Applications: Global Industry Perspective, Comprehensive<br />
Analysis and Forecast, 2014 - 2020” According to the report, The global power rental<br />
market was valued at approximately USD 10.02 billion in 2014 and is expected to<br />
reach approximately USD 20.30 billion by 2020, growing at a CAGR of over 13.0%<br />
between 2015 and 2020.<br />
<strong>Power</strong> is generated by burning fossil fuels such coal, oil or gas to generate steam that<br />
drives large turbines that produce electricity. <strong>Power</strong> rental is referred as plant hire which<br />
provide flexibility, reliability, speed and cost-effectiveness. <strong>Power</strong> on rent can deliver<br />
complete operating power packages as well as provide scalable components within large<br />
power station installations to various industrial applications.<br />
Request Report Sample https://www.zionmarketresearch.com/sample/power-rentalmarket
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
The global power rental market is expected to witness significant growth over the forecast<br />
period on account of increasing demand for power across the globe. The increasing power<br />
consumption, development of power infrastructure, and increasing construction &<br />
development is anticipated to boost the demand for power rental in the coming years.<br />
Furthermore, increasing demand for power from oil & gas industry is also a major driving<br />
force of the power rental market. However, the presence of stringent regulations coupled<br />
with rising environmental awareness may hamper the market growth in the near future.<br />
Nonetheless, increasing demand for power in emerging economics is expected to open up<br />
new growth avenues for the power rental market in the years to come.
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong>
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
Get Inquiry for buying report https://www.zionmarketresearch.com/inquiry/powerrental-market<br />
Oil & gas, industrial, construction, and others are the key end-users of the power rental<br />
market. Industrial segment emerged as the leading application segment by accounting for<br />
over 22 % of the total revenue generated by the power rental market in 2014. Construction<br />
is another key outlet of power rental market and it held over 20% share of the overall market<br />
in 2014. This is mainly due to grow infrastructural development in the emerging economics.<br />
Oil & gas is also expected to exhibit substantial demand within the forecast period.<br />
Based on application, the power rental market can be segmented into peak shaving, base<br />
load/continuous power and standby power. Base load/continuous accounted for 45.56%<br />
share of total revenue generated in 2014. Base load/continuous segment are expected to<br />
exhibit a significant rise in light of the increasing demand from various sectors such as oil &<br />
gas, mining and construction and others. Peak shaving is another leading application<br />
segment owing to rising awareness among energy-intensive industries in order to control<br />
the charged over high energy demand during peak hours.
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
Browse the full report at https://www.zionmarketresearch.com/report/power-rentalmarket<br />
In terms of geography, Middle East & Africa dominated the global power rental market and<br />
accounted for 31.63% of total revenue in 2014. This growth is mainly attributed to growing<br />
construction and developmental activities in this region. North America was the second<br />
largest regional market with 21.32% share of total revenue generated in 2014. Asia Pacific<br />
holds immense potential for the industry growth over the forecast period. Recently,<br />
emerging economies including India, Brazil, and Saudi Arabia have been contributing<br />
significantly to the demand for power rental in industrial sector owing to rapid<br />
industrialization.<br />
Some of the key players include in power rental market such as Atlas Copco, United <strong>Rental</strong>,<br />
Cummins Inc, APR Energy Inc, Caterpillar Inc and <strong>Power</strong> Electrics.<br />
This report segments the global power rental market as follows:<br />
Global <strong>Power</strong> <strong>Rental</strong> <strong>Market</strong>: End-Users Segment Analysis
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
<br />
<br />
<br />
<br />
Oil & Gas<br />
Industrial<br />
Construction<br />
Others<br />
Global <strong>Power</strong> <strong>Rental</strong> <strong>Market</strong>: Application Segment Analysis<br />
Request for table of Contents https://www.zionmarketresearch.com/toc/power-rentalmarket<br />
<br />
<br />
<br />
Peak shaving<br />
Base load/ Continuous power<br />
Standby power<br />
Global <strong>Power</strong> <strong>Rental</strong> <strong>Market</strong>: Regional Segment Analysis<br />
<br />
<br />
North America<br />
o U.S.<br />
Europe
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
<br />
<br />
<br />
o Germany<br />
o France<br />
o UK<br />
Asia Pacific<br />
o China<br />
o Japan<br />
o India<br />
Latin America<br />
o Brazil<br />
The Middle East and Africa<br />
Browse the full report at https://www.zionmarketresearch.com/report/power-rentalmarket
<strong>Power</strong> <strong>Rental</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com
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