HOME Top Market Reports Power Rental Market by Fuel (Diesel, Gas, Dual Fuel & HFO), Power Rating, End Users (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping), Application (Peak Shaving, Base Load, Stand by), by Region - Global Forecasts to 2022

Power Rental Market by Fuel (Diesel, Gas, Dual Fuel & HFO), Power Rating, End Users (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping), Application (Peak Shaving, Base Load, Stand by), by Region - Global Forecasts to 2022

By: marketsandmarkets.com
Publishing Date: July 2017
Report Code: EP 3534

 

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The global power rental market was valued at USD 12.54 Billion in 2016 and is projected to reach USD 20.64 Billion by 2022, at a CAGR of 8.49%, from 2017 to 2022.

The years considered for the study are as follows:

  • Base Year: 2016
  • Estimated Year: 2017
  • Projected Year: 2022
  • Forecast Period: 2017–2022

The base year considered for company profiles is 2016. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study

  • To define and segment the power rental market with respect to application, end-users, fuel type, power rating, and region
  • To provide detailed information on major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the power rental market with respect to individual growth trends, future expansions, and contributions to the market
  • To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
  • To forecast the growth of the power rental market with respect to the major regions (Asia-Pacific, Europe, North America, South America, the Middle East, and Africa)
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies
  • To analyze competitive developments, such as new product launches, mergers & acquisitions, expansions and investments, and contracts & agreements, in the power rental market

Research Methodology

This research study involved the use of extensive secondary sources, directories, journals on energy storage, and other related rental markets; newsletters and databases such as Hoover’s, Bloomberg, Businessweek, and Factiva, among others, to identify and collect information useful for a technical, market-oriented, and commercial study of the global power rental market. The primary sources include several industry experts from core and related industries, vendors, preferred suppliers, technology developers, alliances, and organizations related to all the segments of this industry’s value chain.  The research methodology has been explained below.

  • Study of annual revenues and market developments of the major players providing power rental solutions
  • Assessment of future trends and growth of end-users
  • Assessment of the power rental market with respect to the technology used for different applications

After arriving at the overall market size, the total market was split into several segments and subsegments. The figure given below illustrates the breakdown of the primary interviews conducted during the research study on the basis of company type, designation, and region.

Power Rental Market

To know about the assumptions considered for the study, download the pdf brochure

Target Audience:

  • Power utility providers
  • Distributed energy generation solution providers
  • Power rental vendors
  • Government and industry associations
  • State and national regulatory authorities
  • Distribution grid operators
  • Energy regulatory agencies
  • Investors and financial community professionals
  • State or government-owned corporations

Scope of the Report:

  • By Application
    • Peak Shaving
    • Standby Power
    • Base Load/Continuous Power
  • By End-Users
    • Utilities
    • Oil & Gas
    • Events
    • Construction
    • Mining
    • Manufacturing
    • Shipping
    • Others
  • By Fuel Type
    • Diesel Generators
    • Gas Generators
    • Others
  • By Power Rating
    • Up to 50 kW Power Rating
    • 51 kW–500 kW Power Rating
    • 501 kW–2,500 kW Power Rating
    • Above 2,500 kW Power Rating
  • By Region
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East
    • Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Company Information

Detailed analyses and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Markets Covered
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Introduction
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in the Power Rental Market, 2017–2022
    4.2 Power Rental Market, By Region, 2016
    4.3 Power Rental Market, By Application, 2017 & 2022
    4.4 Power Rental Market, By End-Users, 2017 & 2022
    4.5 Power Rental Market, By Fuel Type, 2017 & 2022

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand for Power
                    5.2.1.2 Obsolete T&D Infrastructure
                    5.2.1.3 New Customized Compressed Air Rental Solutions
           5.2.2 Restraints
                    5.2.2.1 Payment Issues in Underdeveloped and Developing Nations
                    5.2.2.2 Uncertainty in Raw Material Prices
           5.2.3 Opportunities
                    5.2.3.1 Obsolete Permanent Power Plants
                    5.2.3.2 Growth Potential in Emerging Economies
                    5.2.3.3 Next-Generation Air Compressors
           5.2.4 Challenges
                    5.2.4.1 Influence of Oil Price Fluctuations on Oil Dependent Sectors
                    5.2.4.2 Stringent Emission Regulations
                    5.2.4.3 Growing Focus on Renewable Energy
    5.3 Compressor Rental Market

6 Power Rental Market, By Application (Page No. - 43)
    6.1 Introduction
    6.2 Peak Shaving
    6.3 Standby Power
    6.4 Base Load/Continuous Power

7 Power Rental Market, By End-Users (Page No. - 47)
    7.1 Introduction
    7.2 Utilities
    7.3 Oil & Gas
    7.4 Events
    7.5 Construction
    7.6 Mining
    7.7 Manufacturing
    7.8 Shipping
    7.9 Others

8 Power Rental Market, By Fuel Type (Page No. - 57)
    8.1 Introduction
    8.2 Diesel Generators
    8.3 Gas Generators
    8.4 Others

9 Power Rental Market, By Power Rating (Page No. - 62)
    9.1 Introduction
    9.2 Up to 50 kW Power Rating
    9.3 51 kW–500 kW Power Rating
    9.4 501 kW–2,500 kW Power Rating

10 Power Rental Market, By Region (Page No. - 70)
     10.1 Introduction
     10.2 Asia-Pacific
             10.2.1 China
             10.2.2 India
             10.2.3 Australia
             10.2.4 Japan
             10.2.5 Singapore
             10.2.6 Indonesia
             10.2.7 Bangladesh
             10.2.8 The Rest of Asia-Pacific
     10.3 North America
             10.3.1 The U.S.
             10.3.2 Canada
             10.3.3 Mexico
     10.4 South America
             10.4.1 Brazil
             10.4.2 Argentina
             10.4.3 Chile
             10.4.4 The Rest of South America
     10.5 Europe
             10.5.1 The U.K.
             10.5.2 Germany
             10.5.3 Russia
             10.5.4 Italy
             10.5.5 France
             10.5.6 Turkey
             10.5.7 The Rest of Europe
     10.6 Middle East
             10.6.1 Saudi Arabia
             10.6.2 The U.A.E.
             10.6.3 Iran
             10.6.4 Qatar
             10.6.5 Oman
             10.6.6 The Rest of the Middle East
     10.7 Africa
             10.7.1 Algeria
             10.7.2 Egypt
             10.7.3 South Africa
             10.7.4 Nigeria
             10.7.5 Libya
             10.7.6 Mozambique
             10.7.7 The Rest of Africa

11 Competitive Landscape (Page No. - 122)
     11.1 Overview
     11.2 Key Players in the Power Rental Market
             11.2.1 Growth Strategies in the Power Rental Market
     11.3 Power Rental Market: Competitors’ Ranking, 2016
             11.3.1 Growth Strategies in the Power Rental Market
     11.4 Competitive Situation & Trends
     11.5 Competitive Leadership Mapping
             11.5.1 Visionary Leaders
             11.5.2 Innovators
             11.5.3 Dynamic Differentiators
             11.5.4 Emerging Companies
     11.6 Competitive Benchmarking
             11.6.1 Strength of Product Portfolio (25 Companies)
             11.6.2 Business Strategy Excellence (25 Companies)

12 Company Profiles (Page No. - 131)
(Overview, Strength of Product Portfolio , Business Strategy Excellence , Products Offering, Recent Development’s, Business Strategy)*
     12.1 Caterpillar, Inc.
     12.2 Atlas Copco
     12.3 Cummins, Inc.
     12.4 United Rentals, Inc.
     12.5 Ashtead Group, PLC
     12.6 Aggreko, PLC
     12.7 APR Energy, PLC
     12.8 Bredenoord Exploitatiemij B.V.
     12.9 Kohler Co.
     12.10 Power Electrics Bristol Limited
     12.11 Rental Solutions & Services, LLC
     12.12 Smart Energy Solutions
     12.13 Hertz Equipment Rental Corporation
     12.14 Soenergy International, Inc.
     12.15 Generac Power Systems
     12.16 Multiquip, Inc.
     12.17 Wacker Neuson SE
     12.18 Wärtsilä Corporation

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, Recent Development’s, Business Strategy Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 185)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (93 Tables)

Table 1 Power Rental Market Snapshot
Table 2 Power Generation (2012—2017)
Table 3 Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 4 Peak Shaving: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 5 Standby Power: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 6 Base Load/Continuous Power: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 7 Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 8 Utilities: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 9 Oil & Gas: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 10 Events: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 11 Construction: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 12 Mining: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 13 Manufacturing: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 14 Shipping: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 15 Others: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 16 Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 17 Diesel Generators: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 18 Gas Generators: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 19 Others Generator Segment: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 20 Generator Power Rating Categories Required By Different End-Users
Table 21 Power Rental Market Size, By Power Rating, 2015–2022 (USD Million)
Table 22 Less Than 10 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 23 11 kW–20 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 24 21 kW–50 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 25 51 kW–100 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 26 101 kW–250 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 27 251 kW–500 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 28 501 kW–1,000 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 29 1,001 kW–1,500 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 30 1,501 kW–2,000 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 31 2,001 kW–2,500 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 32 Above 2,500 kW Rating: Power Rental Market Size, By Region, 2015–2022 (USD Million)
Table 33 Power Rental Market Size, By Region, 2015– 2022 (USD Million)
Table 34 Asia-Pacific: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 35 Asia-Pacific: Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 36 Asia-Pacific: Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 37 Asia-Pacific: Power Rental Market Size, By Country, 2015–2022 (USD Million)
Table 38 China: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 39 India: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 40 Australia: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 41 Japan: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 42 Singapore: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 43 Indonesia: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 44 Bangladesh: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 45 The Rest of Asia-Pacific: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 46 North America: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 47 North America: Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 48 North America: Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 49 North America: Power Rental Market Size, By Country, 2015–2022 (USD Million)
Table 50 The U.S.: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 51 Canada: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 52 Mexico: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 53 South America: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 54 South America: Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 55 South America: Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 56 South America: Power Rental Market Size, By Country, 2015–2022 (USD Million)
Table 57 Brazil: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 58 Argentina: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 59 Chile: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 60 The Rest of South America: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 61 Europe: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 62 Europe: Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 63 Europe: Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 64 Europe: Power Rental Market Size, By Country, 2015–2022 (USD Million)
Table 65 The U.K.: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 66 Germany: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 67 Russia: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 68 Italy: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 69 France: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 70 Turkey: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 71 The Rest of Europe: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 72 Middle East: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 73 Middle East: Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 74 Middle East: Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 75 Middle East: Power Rental Market Size, By Country, 2015–2022 (USD Million)
Table 76 Saudi Arabia: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 77 The U.A.E.: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 78 Iran: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 79 Qatar: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 80 Oman: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 81 The Rest of the Middle East: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 82 Africa: Power Rental Market Regional Snapshot
Table 83 Africa: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 84 Africa: Power Rental Market Size, By Fuel Type, 2015–2022 (USD Million)
Table 85 Africa: Power Rental Market Size, By Application, 2015–2022 (USD Million)
Table 86 Africa: Power Rental Market Size, By Country, 2015–2022 (USD Million)
Table 87 Algeria: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 88 Egypt: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 89 South Africa: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 90 Nigeria: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 91 Libya: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 92 Mozambique: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)
Table 93 The Rest of Africa: Power Rental Market Size, By End-Users, 2015–2022 (USD Million)


List of Figures (38 Figures)

Figure 1 Markets Covered: Power Rental Market
Figure 2 Markets Covered: Compressor Rental Market
Figure 3 Power Rental Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Power Rental Market: Market Estimation Approach & Data Triangulation Methodology
Figure 8 The North American Market Dominated the Power Rental Market in 2016
Figure 9 The Utilities Segment is Expected to Lead the Power Rental Market, By End-Users, During the Forecast Period
Figure 10 Power Rental Market: Fuel Type Snapshot
Figure 11 Power Rental Market Share, By Application, 2017 & 2022
Figure 12 Increasing Power Demand is Expected to Drive the Power Rental Market During the Forecast Period
Figure 13 The North American Market is Expected to Hold the Largest Share in 2016
Figure 14 The Standby Power Segment is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 15 The Utilities Segment is Expected to Lead the Power Rental Market During the Forecast Period
Figure 16 The Diesel Segment is Expected to Lead the Power Rental Market During the Forecast Period
Figure 17 Market Dynamics for the Power Rental Market
Figure 18 Compressor Rental Market: 2017–2022
Figure 19 Compressor Rental Market: 2016
Figure 20 Power Rental Market Share (Value), By Application, 2016
Figure 21 Power Rental Market Share (Value), By Generator Type, 2016
Figure 22 Power Rental Market Share (Value), By Power Rating, 2016
Figure 23 Regional Snapshot: the European Market to Be the Fastest Growing Market, ByCAGR , During the Forecast Period
Figure 24 Power Rental Market Share (Value), By Region, 2016
Figure 25 North American: Power Rental Market Regionalsnapshot
Figure 26 Companies Adopted New Product Launches, Contracts & Agreements, Mergers & Acquisitions, & Awards & Recognitions to Capture A Share of the Market
Figure 27 Battle for Market Share: Contracts & Agreements Was the Key Strategy, 2014–2017
Figure 28 Market Evaluation Framework: New Product Launches, Mergers, Acquisitions, & Partnerships, Contracts & Agreements, & Others Fueled the Growth of Companies From 2014 to 2017
Figure 29 Caterpillar, Inc.: Company Snapshot
Figure 30 Atlas Copco: Company Snapshot
Figure 31 Cummins, Inc.: Company Snapshot
Figure 32 United Rentals, Inc.: Company Snapshot
Figure 33 Ashtead Group, PLC: Company Snapshot
Figure 34 Aggreko, PLC: Company Snapshot
Figure 35 APR Energy, PLC: Company Snapshot
Figure 36 Generac Power Systems: Company Snapshot
Figure 37 Wacker Neuson SE: Company Snapshot
Figure 38 Wärtsilä Corporation: Company Snapshot

The global power rental market is projected to grow at a CAGR of 8.49%, from 2017 to 2022, to reach a market size of USD 20.64 Billion by 2022. This growth can be attributed to the increasing power demand, lack of power infrastructure, and revamping of old T&D infrastructure.

The report segments the power rental market, by application, into peak shaving, base load/continuous power, and standby power. The standby power segment is expected to grow at the highest CAGR during the forecast period. Standby power refers to the power consumed by electronic and electrical appliances while they are switched off or in standby mode. A standby generator is an electrical backup system that operates within seconds of a power outage. The transfer switch senses the loss of power and accordingly starts or shuts off the generator. Most units run on diesel, natural gas, or liquid propane gas. These generators are used in hospitals, office buildings, and schools, among others.

The report segments the power rental market, by fuel type, into diesel generators, gas generators, and others. The gas generators segment is estimated to be the fastest growing power rental market, by fuel type, in 2017. Gas generators run mainly on natural gas and can be found in different sizes, ranging from portable to industrial. They are more efficient and cleaner than diesel generators, thus, helping reduce greenhouse gas emissions. Gas generators are preferred mostly by end-users as they emit the least amount of harmful pollutants, smoke, or particulate matter. They are mostly used for light duty applications, such as supplying electricity for residential purposes.

In this report, the power rental market has been analyzed with respect to six regions, namely, North America, Europe, Asia-Pacific, South America, Middle East, and Africa. The European market is estimated to be the fastest growing power rental market, from 2017 to 2022. Factors such as increased power consumption and aging power plants in Europe are driving the power rental market in the region. Furthermore, a majority of the nuclear power plants in Europe are over 40 years old, thus, increasing the risks of power outages and further driving the demand for power rental solutions. The Russian market is expected to be the fastest growing pace European power rental market during the forecast period. The construction industry in Russia had been experiencing a downturn due to weak economic growth, declining fixed capital investments, and declining oil prices. The 2018 FIFA World Cup, which will be hosted across 11 cities in Russia, is expected to increase construction activity in the country and lead to the urbanization of the cities hosting the event. This will increase the demand for transportation, accommodation, and retail infrastructure, thereby, driving the power rental market.

The North American market is expected to lead the power rental market during the forecast period. There is a significant increase in the demand for electricity in North America and the power sector in the region is facing challenges such as meeting energy efficiency targets and adhering to federal carbon policies. The macroeconomic factors influencing the power rental market in North America include an increase in infrastructure development and the demand for power from the utilities, oil & gas, industrial, construction, and mining sectors, the use of energy equipment, and growing end-user awareness of rental benefits. The power rental market in North America is competitive with players such as Cummins, Inc., Caterpillar, Inc., and United Rentals, Inc. headquartered in the region.

Power Rental Market

Payment issues in underdeveloped and developing nations, a rise in T&D expenditure, and uncertainty in raw material prices could act as restraints for the power rental market, leading to a decline in profits. The players in the power rental market provide services to developing and underdeveloped nations where infrastructure is very weak and the political climate fragile. Additionally, there are lengthy payment practices and unpredictability in payments in developing countries. The major market players who have undertaken contracts in countries such as Uruguay, Libya, Angola, Botswana, Mozambique, and Namibia are finding it difficult to receive payments from these countries. Such delays in payments can adversely affect the financial performance of the market players and managing these delays could affect their revenue growth, thereby, restricting the growth of the power rental market.

The leading players in the power rental market include Caterpillar, Inc. (U.S.), Aggreko, PLC (U.K.), Cummins, Inc. (U.S.), United Rentals, Inc. (U.S.), and APR Energy, PLC (U.S.). Contracts & agreements was the most commonly adopted strategy by the top players. This was followed by new product developments, expansions and investments, and mergers & acquisitions.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Available Customizations Title

Client Consult Problem Statement :

MnM’s client was interested in assessing the market for power rental. The key objectives of the study were to determine the market revenue for the period of 2014 to 2021, with special emphasis on various fuel type, applications, and type.

Solution Provided:
  1. Methodology Adopted by MnM:
    • The bottom-up approach was employed to arrive at the ....
  1. Methodology Adopted by MnM:
    • The bottom-up approach was employed to arrive at the overall size of the power rental market from the revenues of key players and their shares in the market. Calculations based on the revenues of key players identified in the market led to the overall market size.
    • The bottom-up approach was also implemented for data extracted from secondary research to validate the market segment revenues obtained.
    • Market shares were then estimated for each company to verify the revenue shares used earlier in the bottom-up approach. With the data triangulation procedure and validation of data through primaries, the overall parent market size and each individual market size were determined and confirmed in this study.
  2. Actual Solution Provided:
    • Sizing of North America power rental market in terms of value for the period between 2014 and 2020
    • Analysis of the market in terms of several categories, such as type, application, fuel type, and manufacturer
    • Regional analysis of the market in terms of the above-mentioned subsegments, mapped across major states in the U.S. and Canada
    • A detailed competitive landscape of the market, by identifying the major players, their core competencies, growth strategies, and development activities in the market space
    • In-depth analysis of the market and its subsegments. Identified several drivers, restraints and challenges related to supply chain, logistics, procurement, distribution, etc.

Value Delivered:

The client was able to identify the potential buyers, and define innovative and specific market entry/penetration strategies, while also being able to identify several platforms that would facilitate building of personal contacts with prospective customers.

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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
      • Gene....
  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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Client Customization Problem Statement : Market Sizing/ Forecasting for Power rental market for Chile

Solution Provided:
MnM's client needed beyond the insights into report for market size trends and forecast in Chile for Power rental....
MnM's client needed beyond the insights into report for market size trends and forecast in Chile for Power rental
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Client Customization Problem Statement : Market Sizing/ Forecasting for Power rental market in Canada

Solution Provided:
MnM's client needed beyond the insights into report for Canadian Power rental market insights and related competitive la....
MnM's client needed beyond the insights into report for Canadian Power rental market insights and related competitive landscape
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Client Consult Problem Statement : MnM’s client was interested in assessing a market estimates and competitor information for POWER RENTAL MARKET IN CHINA & SOUTH-EAST ASIA. The key objectives of the study were to determine attractive geographies and attractive end-user applications, along with competitive landscape.

Solution Provided:

1. Methodology Adopted by MnM:

MnM carried out this study through a combination....

1. Methodology Adopted by MnM:

MnM carried out this study through a combination of extensive secondary research followed by primary discussions with Key Opinion Leaders across the value chain within target geographies. Both, top-down and bottom-up approaches were used to cover key sources of primary information that included power rental solutions providers and power generator OEMs from the supply side along with key end user industries such as Construction, Mining, Utilities, Events among others, and other industry experts. By conducting detailed and informative primary discussions within these respondent categories across various functions, MnM analyzed current & forecast quantitative market information, and developed qualitative insights into industry trends & dynamics across each of the target countries. In total, MnM conducted 20 primary discussions, of which 12 were within the supplier side, while 8 were from the demand side, and other industry experts.

2. Actual Solution Provided:

Through this granular study, MnM analyzed the market dynamics for power rental market, which included recent developments, competitive positioning, growth opportunities, burning issues, growth drivers and restraints in focused South East Asian countries & China. MnM also provided competitive landscape for target geographies.

Value Delivered:

MnM’s client was able to identify & select target geographies and target end users for power rental market of China & South East Asia. The study also assisted client in understanding the competitive landscape in industry.

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Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

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