The global
power rental market was valued at USD 7.28 billion in 2012 and is
expected to reach 20.64 billion in 2019, growing at a CAGR of 16.2% from 2013
to 2019.
Browse the full
Power Rental Market Report with TOC at http://www.transparencymarketresearch.com/power-rental-market.html
Growing energy
demand and increased grid instability is one of the key factors attributed to power
rental market growth. Furthermore, increasing alternating power spikes coupled
with rising number of planned and unplanned events are expected to augment
market growth. Rising awareness amongst energy intensive industries to curtail
growing energy demand during peak hours is likely to bolster the product
demand. Key challenges faced by the market participants include stringent
environmental regulations against diesel power generators, which are expected
to curb market growth. However, development of evolutionary power rental
systems is hopeful to overcome the challenge. Growing demand arising in off
grid regions is expected to generate new opportunities for the market owing to
its convenient portability to remote off grid areas.
Key
applications analyzed in this market include peak shaving, continuous power and
standby market. The continuous power application market held a significant
share in the overall market followed by peak shaving and standby applications
in 2012. The growing popularity of peak shaving applications is likely to boost
the product demand over the forecast period. The peak shaving application
market is likely to grow at a CAGR 16.8% from 2013 to 2019. Regulatory
intervention by Greenpeace over the energy consumption is expected to trim the
product demand in standby application market over the coming years.
The Middle
East and Africa (MEA) dominated global power rental market in
2012, accounting for more than 31% of the overall market in 2012. Asia
Pacific followed MEA accounting for more than 19% market share in 2012.
Rising energy demand in MEA is expected to bolster the overall market growth. Asia
Pacific and MEA regions are expected to witness a surge in power rental
systems demand owing to rise in electricity requirement. MEA power rental
market is estimated to reach USD 6.87 billion by 2019 while Asia
Pacific market is expected to grow at a CAGR of 16.8% from 2013 to 2019.
Key participants in this market include Aggreko plc, APR Energy LLC, Atlas
Copco AB, and Energyst CAT Rental Power. Aggreko plc dominated power rental
market in 2012 owing to their global presence and strong distribution network.
The report provides an overview of these companies followed by their financial
revenue, business strategies, and recent developments.
This research
analyzes and estimates the performance and market of power rental systems in
the global scenario, providing detailed trend analysis of the market by
geography and comprehensive analysis of companies that are dealing in power
rental systems. The report presents a thorough assessment of the strategies
followed by different stakeholders by segmenting the power rental market as
below:
Power Rental Market: Application Analysis
§
Peak Shaving
§
Continuous Power
§
Standby
Power Rental Systems Market: End User Analysis
§
Government and Utilities
§
Oil, Gas and Mining
§
Construction
§
Industrial
§
Events
Power Rental Market: Regional Analysis
§
North America
§
Europe
§
Asia-Pacific
Browse all Energy
Market Research Reports @ http://www.transparencymarketresearch.com/energy-market-reports-3.html
About Us
Transparency
Market Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of quantitative
forecasting and trends analysis provides forward-looking insight for thousands
of decision makers. We are privileged with highly experienced team of Analysts,
Researchers, and Consultants, who use proprietary data sources and various
tools and techniques to gather, and analyze information.
Our data
repository is continuously updated and revised by a team of research experts,
so that it always reflects the latest trends and information. With a broad
research and analysis capability, Transparency Market Research employs rigorous
primary and secondary research techniques in developing distinctive data sets
and research material for business reports.
Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Blog: http://www.tmrblog.com/
0 comments:
Post a Comment