The Power Rental market is expected to grow from USD 16.71 billion in 2019 to USD 26.19 billion by 2025 at a CAGR of 7.78% from 2019 to 2025.
Power rental raises the power of temporarily renting power plants or generators for supplying energy to industrial units. It transports functioning power equipment alongside various scalable components, which are installed in power stations. It also offers reliability, flexibility, speed, and cost-effectiveness to businesses for dealing with brief shortages of power. The facility rental services are aimed to stabilize utility power grids and supply additional energy to industries and support communities. Due to this, it finds extensive application across the development, mining, and oil & gas industries. Power rental refers to the power of temporarily renting power plants or generators for supplying energy to industrial units. It offers functioning power equipment alongside various scalable components, which are installed in power stations. It also delivers reliability, flexibility, speed, and cost-effectiveness to businesses for dealing with brief shortages of power. the facility rental services are intended to stabilize utility power grids and supply additional energy to industries and support communities. due to this, it finds extensive application across the development, mining, and oil & gas industries. The global market is segregated on the basis of Application as Base Load/Continuous Power, Standby Power, and Peak Shaving. Based on Fuel Type the market is segmented in Gas Generators, Diesel Generators, and Others. Based on Power Rating the market is segmented in 501 –2,500 Kw Power Rating, 51 –500 kW Power Rating, and Up to 50 kW Power Rating. Based on Equipment, the market is segmented in Load Bank, Transformer, Generator, Others, and Gas Lift. The report also bifurcates the market based on End User in Mining, Manufacturing, Shipping, Data Center, Others, Utilities, Oil & Gas, Events, and Construction.
The global market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Aggreko (UK), United Rental (US), Caterpillar (US), Cummins (US), Ashtead Group (UK), and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Power Rental Market has been segmented as below:
By Application
By Fuel Type
By Power Rating
By Equipment
By End-User
By Region
Power Rental Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Aggreko (UK), United Rental (US), Caterpillar (US), Cummins (US), Ashtead Group (UK), and others.
Why to Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Base Load/Continuous Power
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Standby Power
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Peak Shaving
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6.1 Introduction
6.2 Gas Generators
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Diesel Generators
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Others
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7.1 Introduction
7.2 501 –2,500 Kw Power Rating
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 51 –500 Kw Power Rating
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Up to 50 Kw Power Rating
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8.1 Introduction
8.2 Load Bank
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Transformer
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Generator
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Others
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 Gas Lift
8.6.1 Market Overview
8.6.2 Market Size and Forecast
9.1 Introduction
9.2 Mining
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Manufacturing
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Shipping
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 Data Center
9.5.1 Market Overview
9.5.2 Market Size and Forecast
9.6 Others
9.6.1 Market Overview
9.6.2 Market Size and Forecast
9.7 Utilities
9.7.1 Market Overview
9.7.2 Market Size and Forecast
9.8 Oil & Gas
9.8.1 Market Overview
9.8.2 Market Size and Forecast
9.9 Events
9.9.1 Market Overview
9.9.2 Market Size and Forecast
9.10 Construction
9.10.1 Market Overview
9.10.2 Market Size and Forecast
10.1 Introduction
10.2 North America
10.2.1 North America Market, By Application
10.2.2 North America Market, By Fuel Type
10.2.3 North America Market, By Power Rating
10.2.4 North America Market, By Equipment
10.2.5 North America Market, By End User
10.3 Europe
10.3.1 Europe Market, By Application
10.3.2 Europe Market, By Fuel Type
10.3.3 Europe Market, By Power Rating
10.3.4 Europe Market, By Equipment
10.3.5 Europe Market, By End User
10.4 Asia-Pacific
10.4.1 Asia-Pacific Market, By Application
10.4.2 Asia-Pacific Market, By Fuel Type
10.4.3 Asia-Pacific Market, By Power Rating
10.4.4 Asia-Pacific Market, By Equipment
10.4.5 Asia-Pacific Market, By End User
10.5 Rest of the World
10.5.1 Rest of the World Market, By Application
10.5.2 Rest of the World Market, By Fuel Type
10.5.3 Rest of the World Market, By Power Rating
10.5.4 Rest of the World Market, By Equipment
10.5.5 Rest of the World Market, By End User
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12.1 Aggreko (UK)
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 United Rental (US)
12.2.1 Company Overview
12