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Client Consult Problem Statement:

  1. MNM’s client wanted to estimate and analyze the diesel generator rental for offshore oil & gas in Europe market size by application (offshore rigs, OSV & commercial vessels) and by key countries (Netherlands, Germany, Denmark, Norway, Turkey and U.K.), and by power rating in kVA (15-75, 76-375, 376-500, 501-1000, and 1001-2000) from 2013 to 2020
  2. To define and calculate the market share and presence of the major players in the offshore diesel generator rental market in various European countries
  3. To identify and analyze the different products offered by major diesel generator rental companies in Europe for offshore applications
  4. To identify and infer the drivers and restraints for the same
  5. To identify the average rental rate per week in the given countries

Solution Provided:

  1. Methodology Adopted by MnM :
    • Supply Side
      • Generating the list of players operating in the European offshore diesel generator rental market
      • Mapping the revenues generated by companies by renting diesel generators
      • Mapping of revenue earned by companies renting diesel generators for offshore applications
      • Calculation of the diesel generator rental market for offshore applications in Europe to 100%
    • Demand Side
      • Estimated and forecasted the number of offshore rigs, offshore support vessels, and commercial vessels in Europe, by countries
      • Analyze the requirement of power for each application
      • Understand the demand and trends for rental diesel generator for each application

      At each level the outcomes were validated with the industry experts, key opinion leaders across the value chain within target geographies)

  2. Actual Solution Provided: -
      • Market size for each country further segment by the power rating and countries covered under the study
      • Market trends and drivers for the diesel generator rental market in Europe
      • Identified the major player and their market share as well as competitors’ benchmarking on the basis of their product portfolio and geographical (by country) presence
      • Average rental rate by country and power rating
      • Recommendation related to target country, target product, and target application

Value Delivered:

Through the detailed outcome of the study, MnM’s client was able to assess market insights for its product offerings. The set of information and recommendations shared by MnM assisted the client to understand its share and understand the country, product, and power rating that the company should focus/invest on.

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