The global power rental market 2016-2020 research report says increase in use of gas generators for rental power will be a key trend for market growth. Environmental reforms and stringent government regulations to reduce emissions have led to new technology being developed where generators involve less fuel consumption while increasing the power output. A recent trend has been the shift to gas power generators. The use of gas produces cleaner power than diesel as it is more efficient, produces 30% fewer emissions and less noise than diesel generators. —
Complete report on power rental market spread across 89 pages, analyzing 6 major companies and providing 62 data exhibits are now available at http://www.rnrmarketresearch.com/global-power-rental-market-2016-2020-market-report.html
This market study estimates that the oil and gas market segment will dominate the power rental market throughout the forecast period and will also account for more than 37% of the total share of the global power rental market by 2020. The oil and gas sector uses power generators for temporary power requirements in onshore and offshore oil and gas fields, for powering galleries, and also during planned and unplanned maintenance shutdowns. Most of the drilling sites and oil rigs are located in remote areas where there is limited access to grid power. This is identified to be the primary factor that will drive the demand for the market in this sector during the next four years.
The following companies are the key players in the global power rental market: Aggreko, APR Energy, Atlas Copco, Energyst, Himoinsa, and United Rentals. Other prominent vendors in the market are: Altaaqa Global, Ashtead, Bryne Equipment Rental, Cummins, Hertz Equipment Rental, Kohler Power, and Sewatama.
According to the 2016 power rental market report, one of the key drivers for market growth will be increasing demand for rental power. Urbanization and a growing population have created an increasing strain on power utilities to meet the power demand. Though governments of various countries have invested in building new power plants as long-term energy sources, shortage of power supply is preventing power companies from meeting the immediate demand. The surge in residential and commercial infrastructure development is resulting in peak-hour supply constraints. Order a copy of Global Power Rental Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=657686
The diesel segment accounted for more than 76% of the total share of power rental market and dominated this industry. The rapid growth in population has resulted in the increased demand for electricity and has led to the use of generators as a base power, standby, or a substitute when the demand is high. This mainly attributes to the ability of diesel generators to store power at the site and the easy availability of fuel.
Global Power Rental Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global power rental market for 2016-2020. To calculate the market size, the report considers revenue generated from the application of power rental across major end-user industries like utilities, oil and gas, and industrial sector.
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