The Global Power Rental Market was valued at USD 12.62 billion in 2016 and is projected to reach USD 26.36 billion by 2025, growing at a CAGR of 8.53% from 2017 to 2025.
Power Rental is defined as power that is leased out for a specific amount of time and is governed by either a verbal or written agreement. Power rental is increasingly used in many industries, as it can supply immediate power such as for power outage in remote locations with no power networks. Benefits of power rental include - increased end-customer advantage, improved profitability, fuel management, fleet management, reliability, design integration and after sales support.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Obsolete permanent power plants
1.2 Rising demand for power
1.3 Obsolete T&D infrastructure
1.4 Growing demand for customized compressed air rental solutions
1.5 Emergence of next-generation air compressors
2. Market Restraints
2.1 Growing focus on renewable energy
2.2 Stringent emission regulations
2.3 Changing raw material prices
2.4 Payment issues in underdeveloped and developing nations
Market Segmentation:
The Global Power Rental Market is segmented on the fuel type, application, power rating, end user, and region.
1. Fuel Type:
1.1 Gas Generators
1.2 Diesel Generators
1.3 Others
2. By Application:
2.1 Standby Power
2.2 Base Load/Continuous Power
2.3 Peak Shaving
3. By Power Rating:
3.1 Up to 50 kW
3.2 51 kW-500 kW
3.3 501 kW-2,500 kW
3.4 Above 2,500 kW
4. By End User:
4.1 Mining
4.2 Oil & Gas
4.3 Events
4.4 Manufacturing
4.5 Shipping
4.6 Utilities
4.7 Construction
4.8 Others
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Atlas Copco
2. United Rentals, Inc.
3. Wartsia Corporation
4. Caterpillar, Inc.
5. Aggreko, PLC
6. Kohler Co.
7. Hertz Equipment Rental Corporation
8. Soenergy International, Inc.
9. Generac Power Systems
10. Rental Solutions & Services, LLC
11. Power Electrics Bristol Limited
12. Bredenoord Exploitatiemij B.V.
13. Ashtead Group, PLC
14. Cummins, Inc.
15. APR Energy, PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Power Rental Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL POWER RENTAL MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL POWER RENTAL MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL POWER RENTAL MARKET , BY FUEL TYPE
5.1 Overview
5.2 Gas Generators
5.3 Diesel Generators
5.4 Others
6 GLOBAL POWER RENTAL MARKET , BY APPLICATION
6.1 Overview
6.2 Standby Power
6.3 Base Load/Continuous Power
6.4 Peak Shaving
7 GLOBAL POWER RENTAL MARKET , BY POWER RATING
7.1 Overview
7.2 Up to 50 kW
7.3 51 kW-500 kW
7.4 501 kW-2,500 kW
7.5 Above 2,500 kW
8 GLOBAL POWER RENTAL MARKET , BY END USER
8.1 Overview
8.2 Mining
8.3 Oil & Gas
8.4 Events
8.5 Manufacturing
8.6 Shipping
8.7 Utilities
8.8 Construction
8.9 Others
9 GLOBAL POWER RENTAL MARKET , BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL POWER RENTAL MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Atlas Copco
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 United Rentals, Inc.
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Wartsia Corporation
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Caterpillar, Inc.
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Aggreko, PLC
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Kohler Co.
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Hertz Equipment Rental Corporation
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Soenergy International, Inc.
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Generac Power Systems
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Rental Solutions & Services, LLC
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
11.11 Power Electrics Bristol Limited
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Bredenoord Exploitatiemij B.V.
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments
11.13 Ashtead Group, PLC
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments
11.14 Cummins, Inc.
11.14.1 Overview
11.14.2 Financial Performance
11.14.3 Product Outlook
11.14.4 Key Developments
11.15 APR Energy, PLC
11.15.1 Overview
11.15.2 Financial Performance
11.15.3 Product Outlook
11.15.4 Key Developments
12 Appendix
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