Global Power Rental Market for Utilities 2018-2022

Global Power Rental Industry Overview

The demand for power rental in infrastructural activities is rising due to the focus of the governments of various countries on infrastructural development. This is a basic requirement of all civilized economies and is considered one of the key determinants of the trade and development index, which is the quantitative representation of the development of a country. Several developing economies, India for example, are investing a huge amount of money into infrastructural development. The operations associated with infrastructure require a continuous power supply, and power is sourced from the utilities because these infrastructural projects are predominantly governmental activities. Generators are rented to ensure an uninterrupted power supply to these big projects, thus driving the power rental market’s growth during the forecast period.

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Top power rental companies listed in this industry research report

The power rental market for utilities is fragmented as it features many companies. This market is currently in its growth phase and filled with opportunities. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by companies in the domain, this power rental industry analysis report aims to help clients identify new growth opportunities and design new growth strategies in light of the current competition.   

This report offers a complete analysis of prominent power rental companies, including:

• Aggreko
• APR Energy
• Atlas Copco
• Caterpillar
• Cummins

Power rental market for utilities growth based on geographic region

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in EMEA will be the biggest contributors to the growth of this power rental market for utilities through the forecast period. Growth in this region can be attributed to the higher adoption of power rental facilities.

Power rental market growth based on product

• Diesel generator
• Gas generator

According to our market research experts, the diesel generator segment will account for the largest share of the market. This report provides an accurate prediction of the contribution of the various end-user segments in the growth of the power rental market size.

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Key highlights of the global power rental market for utilities for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the power rental market for utilities during the next five years
• Precise estimation of the global power rental market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the power rental industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of the power rental companies

What’s your takeaway? 

This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global power rental market for utilities and its stakeholders over the forecast years. Market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the power rental market size till 2022. To know more about markets that will influence the growth of the market over the coming years, click here.

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