HOME Top Market Reports Power Rental Market by Fuel (Diesel, Gas, Duel Fuel & HFO), Power Rating, End User (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping), Application (Peak Shaving, Base Load, Stand by), by Region - Global Trends & Forecast to 2021

Power Rental Market by Fuel (Diesel, Gas, Duel Fuel & HFO), Power Rating, End User (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping), Application (Peak Shaving, Base Load, Stand by), by Region - Global Trends & Forecast to 2021

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: EP 3534

 

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The global power rental market is estimated to record a market size of USD 12.88 Billion in 2016, and is projected to grow at a CAGR of 10.7% from 2016 to 2021, to reach USD 21.25 Billion by 2021. Market growth is driven by factors such as the growing demand for power, aging grid infrastructure, lack of access to electricity, and increasing construction and infrastructural activities across the globe.

The years considered for the study are as follows:

  • Base Year – 2015
  • Estimated Year – 2016
  • Projected Year – 2021
  • Forecast Period – 2016 to 2021

2015 has been considered as the base year for company profiles in the report. Wherever information was unavailable for the base year, the prior year has been considered.

Objectives of the study

  • To define, describe, analyze, and forecast the global power rental market on the basis of fuel type, power rating, application, end-user, 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 markets with respect to individual growth trends and future prospects
  • To identify the major stakeholders in the power rental market and draw a competitive landscape for market leaders
  • To project the market size of the power rental market and its segments in key regions—namely, North America, Africa, Asia-Pacific, South America, Europe, and the Middle East
  • To analyze market opportunities for stakeholders by identifying high-growth segments of the power rental market
  • To track and analyze recent developments such as expansions, new product launches, mergers & acquisitions, and contracts & agreements in the global power rental market

Research Methodology

  • Analysis of key operational and upcoming power rental projects across the globe, along with voltage ratings
  • Analysis of country-wise electrification rates for the past 3 years
  • Analysis of value lost due to power outages across the globe
  • Analysis of power infrastructure projects and trends related to construction and infrastructural activities across various regions
  • Major regions have been identified along with countries contributing to the maximum share
  • Secondary has been conducted to find out generators based on power rating required across different industries and the commercial sector
  • Revenue of top companies (regional/global), cost of a generator unit, and industry trends along with top-down, bottom-up, and MnM KNOW have been used to estimate the market size
  • The overall market size has been finalized by triangulation with the supply side data, which include product development, supply chain and annual generator sales across the globe.

After arriving at the overall market size, the total market has been split into several segments and sub segments. The figure below provides a breakdown of primaries 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

Market Ecosystem:

The study answers several questions for the stakeholders which include OEMs, utility service providers, distributers & suppliers, consulting firms, private equity groups, investment houses, equity research firms, and other stakeholders. It provides information about market segments to focus on for the next two to five years for prioritizing efforts and investments.

Power Rental Market

Target Audience:

  • Engine/generator manufacturers, dealers, and suppliers
  • Power grid infrastructure companies
  • Transmission & distribution utilities
  • Power rental companies
  • Consulting companies in the energy and power sector
  • Governments and research organizations
  • Shareholders/investors
  • Power plant project developers
  • Renewable energy companies
  • Consulting companies from the oil & gas sector
  • Investment banks

Scope of the Report:

  • By Fuel Type
    • Diesel
    • Gas
    • Others ( Dual Fuel, Hybrid and HFO generators)
  • By Application
    • Stand by Power
    • Peak Shaving
    • Base load/Continuous Power
  • By Power Rating
    • Less than 10 kW
    • 11 kW -20 kW
    • 21 kW -50 kW
    • 51 kW -100 kW
    • 101 kW -250 kW
    • 251 kW -500 kW
    • 501 kW -1000 kW
    • 1001 kW -1500 kW
    • 1500 kW -2000 kW
    • 2001 kW -2500 kW
    • Above 2500 kW
  • By End-User
    • Utilities
    • Oil & Gas
    • Events
    • Construction
    • Mining
    • Manufacturing
    • Shipping
    • Others (Military and Telecommunication)
  • By Region
    • North America
    • Africa
    • Asia-Pacific
    • South America
    • Europe
    • Middle East

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:

Regional Analysis

  • Further breakdown of the African power rental market into Angola, and Mozambique, among others
  • Further breakdown of the Asia-Pacific power rental market into Indonesia, South Korea, Malaysia, and Philippines, among others
  • Further breakdown of the South American power rental market into Colombia, Venezuela and Peru, among others
  • Further breakdown of the European power rental market into Sweden, Finland, and Kazakhstan, among others
  • Further breakdown of the Middle East power rental market into Iraq, and Yemen, among others

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered (Sub-Segments Including Geo Segmentation)
           1.3.2 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Key Data From Primary Sources
           2.3.2 Key Industry Insights
    2.4 Breakdown of Primaries
    2.5 Market Size Estimation
    2.6 Top-Down Approach
    2.7 Key Data From Primary Sources
    2.8 Research Assumptions & Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in the Power Rental Market
    4.2 The Middle East & Asia-Pacific Will Have High Growth Rates in  the Power Rental Market
    4.3 Power Rental Market Size, By Application, 2014
    4.4 Power Rental Market Size, By Generator Type, 2020
    4.5 Power Rental Market: Developed Vs.Developing Nations
    4.6 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Application
           5.2.2 By Generator Type
           5.2.3 By End-Use Industry
           5.2.4 By Generatot Power Rating
           5.2.5 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Power Demand
                    5.3.1.2 Lack of Power Infrastructure
                    5.3.1.3 Lesser Turnaround Time
           5.3.2 Restraints
                    5.3.2.1 Stringent Emission Regulations
                    5.3.2.2 Rise in T&D Expenditure
           5.3.3 Opportunity
                    5.3.3.1 Obsolete Permanent Power Plants
                    5.3.3.2 High Growth Potential in Emerging Economies
           5.3.4 Challenges
                    5.3.4.1 Payments Issues in Underdeveloped & Developing Nations
                    5.3.4.2 Growing Focus on Renewable Energy
    5.4 Supply Chain Analysis
    5.5 Porter’s Five Forces Analysis
           5.5.1 Threat of New Entrants
           5.5.2 Threat of Substitutes
           5.5.3 Bargaining Power of Suppliers
           5.5.4 Bargaining Power of Buyers
           5.5.5 Intensity of Rivalry

6 Power Rental Market, By End-Use Industry (Page No. - 48)
    6.1 Introduction
    6.2 Utilities
    6.3 Oil& Gas
    6.4 Manufacturing
    6.5 Construction
    6.6 Mining
    6.7 Shipping
    6.8 Events
    6.9 Others  

7 Global Power Rental Market, By Generator Type (Page No. - 83)
    7.1 Introduction
    7.2 Diesel Generators
    7.3 Gas Generators
    7.4 Others (Dual Fuel, Hybrid and HFO)

8 Global Power Rental Market, By Application (Page No. - 88)
    8.1 Introduction
    8.2 Peak Shaving
    8.3 Stand By Power
    8.4 Base Load/Continuous Power

9 Global Power Rental Market, By Power Rating (kW) (Page No. - 93)
    9.1 Introduction
    9.2 Less Than 10 kW
    9.3 11-20 kW
    9.4 21-50 kW
    9.5 51-100 kW  
    9.6 101-250 kW  
    9.7 251-500 kW  
    9.8 501-1000 kW  
    9.9 1001-1500 kW  
    9.10 1501-2000 kW  
    9.11 2001-2500 kW  
    9.12 Above 2500 kW  

10 Power Rental Market, By Region (Page No. - 102)
     10.1 Introduction
     10.2 Regional Analysis
     10.3 Asia-Pacific
             10.3.1 China
             10.3.2 India
             10.3.3 Australia
             10.3.4 Japan
             10.3.5 Rest of Asia-Pacific
     10.4 North America
             10.4.1 U.S
             10.4.2 Canada
             10.4.3 Mexico
     10.5 South America
             10.5.1 Brazil
             10.5.2 Argentina
             10.5.3 Chile
             10.5.4 Rest of South America
     10.6 Europe
             10.6.1 U.K
             10.6.2 Germany
             10.6.3 Russia
             10.6.4 Italy
             10.6.5 France
             10.6.6 Turkey
             10.6.7 Rest of Europe
     10.7 Middle East
             10.7.1 Saudi Arabia
             10.7.2 Uae
             10.7.3 Iran
             10.7.4 Qatar
             10.7.5 Rest of Middle East
     10.8 Africa
             10.8.1 Algeria
             10.8.2 Nigeria
             10.8.3 South Africa
             10.8.4 Rest of Africa

11 Competitive Landscape (Page No. - 148)
     11.1 Overview
     11.2 Market Leaders, By Key Developments
     11.3 Competitive Situation & Trends
     11.4 Joint Ventures
     11.5 New Product/Technology Launches
     11.6 Expansions
     11.7 Mergers & Acquisitions
     11.8 Contracts & Agreements

12 Company Profiles (Page No. - 156)
     12.1 Introduction
     12.2 Aggreko PLC.
             12.2.1 Business Overview
             12.2.2 Products
             12.2.3 Key Strategy
             12.2.4 Developments, 2013-2015
             12.2.5 SWOT Analysis
     12.3 APR Energy PLC.
             12.3.1 Business Overview
             12.3.2 Products
             12.3.3 Key Strategy
             12.3.4 Developments, 2013-2015
             12.3.5 SWOT Analysis
     12.4 Ashtead Group PLC.
             12.4.1 Business Overview
             12.4.2 Products
             12.4.3 Key Strategy
             12.4.4 Developments, 2012-2014
             12.4.5 SWOT Analysis
     12.5 Caterpillar Inc.
             12.5.1 Business Overview
             12.5.2 Products
             12.5.3 Key Strategy
             12.5.4 Developments, 2015
             12.5.5 SWOT Analysis
     12.6 Cummins Inc.
             12.6.1 Business Overview
             12.6.2 Products
             12.6.3 Key Strategy
             12.6.4 Developments, 2013-2015
             12.6.5 SWOT Analysis
     12.7 Atlas Copco Cb.
             12.7.1 Business Overview
             12.7.2 Products
             12.7.3 Key Strategy
             12.7.4 Developments, 2011-2013
     12.8 Hertz Corporation.
             12.8.1 Business Overview
             12.8.2 Products
             12.8.3 Key Strategy
             12.8.4 Developments, 2011-2014
     12.9 Speedy Hire PLC.
             12.9.1 Business Overview
             12.9.2 Products
             12.9.3 Key Strategy
             12.9.4 Developments, 2012-2013
     12.10 United Rentals Inc.
             12.10.1 Business Overview
             12.10.2 Products
             12.10.3 Key Strategy
             12.10.4 Developments, 2011-2012
     12.11 Bredenoord Exploitatiemij B.V.
             12.11.1 Business Overview
             12.11.2 Products
             12.11.3 Key Strategy
             12.11.4 Developments, 2014-2015
     12.12 Kohler Co.Inc.
             12.12.1 Business Overview
             12.12.2 Products
             12.12.3 Key Strategy
             12.12.4 Developments, 2014-2015
     12.13 Power Electrics (Bristol) Limited
             12.13.1 Business Overview
             12.13.2 Products
             12.13.3 Key Strategy
             12.13.4 Developments, 2014
     12.14 Rental Solutions & Services LLC.
             12.14.1 Business Overview
             12.14.2 Products
             12.14.3 Key Strategy
             12.14.4 Developments, 2011
     12.15 Smart Energy Solutions.
             12.15.1 Business Overview
             12.15.2 Products
             12.15.3 Key Strategy
             12.15.4 Developments, 2013-2014
     12.16 Soenergy International Inc.
             12.16.1 Business Overview
             12.16.2 Products
             12.16.3 Key Strategy
             12.16.4 Developments, 2012

13 Appendix (Page No. - 191)
     13.1 Insights From Industry Experts
     13.2 Other Developments
     13.3 Discussion Guide
     13.4 Available Customizations
     13.5 Introducing RT: Real Time Market Intelligence
     13.6 Related Reports


List of Tables (116 Tables)

Table 1 Power Consumption (Quadrillion Btu), By Regions, 2010-2040
Table 2 Acsess of Electricity (% of Population)
Table 3 Impact Analysis of Market Dynamics
Table 4 Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 5 Utilities: Power Rental Market Size, Byregion, 2014-2021 (USD Million)
Table 6 Oil Production, By Region, 2008-2013 (Thousand Barrels Daily)
Table 7 Oil & Gas: Power Rental Market Size, By Region, 2014-2021 (USD Million)
Table 8 Asia Pacific: Oil & Gas: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 9 North America: Oil & Gas Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 10 South America: Oil & Gas Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 11 Europe: Oil & Gas Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 12 Middle East: Oil & Gas Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 13 Africa: Oil & Gas Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 14 Gross Domestic Product for Top 10 Countries, 2010-2013 ($Million)
Table 15 Industrial Power Rental Market Size, By Region, 2014-2021 (USD Million)
Table 16 Asia-Pacific: Industrial Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 17 North America: Industrial Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 18 South America: Industrial Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 19 Europe: Industrial Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 20 Middle East: Industrial Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 21 Africa: Industrial Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 22 Construction Power Rental Market Size, By Region, 2014-2021 (USD Million)
Table 23 Asia-Pacific: Construction Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 24 North America: Construction Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 25 Europe: Construction Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 26 Middle East: Construction Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 27 Quarrying & Mining Power Rental Market, By Region, 2014-2021 (USD Million)
Table 28 Asia-Pacific: Quarrying & Mining Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 29 North America: Quarrying & Mining Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 30 South America: Quarrying & Mining Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 31 Europe: Quarrying & Mining Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 32 Shipping Power Rental Market Size, By Region, 2014-2021 (USD Million)
Table 33 List of Various Events Using Power Rental, 2014-2022
Table 34 Events Power Rental Market Size, By Region, 2014-2021 (USD Million)
Table 35 Power Rental Market Size, By Generator Type, 2013–2020 ($Million)
Table 36 Diesel Generators Market Size, By Region, 2013–2020 ($Million)
Table 37 Gas Generators Market Size, By Region, 2013–2020 ($Million)
Table 38 Other Generators Market Size , By Region, 2013–2020 ($Million)
Table 39 Power Rental Market Size, By Application, 2014-2021 (USD Million)
Table 40 Peak Shaving Market Size, By Region, 2014-2021 (USD Million)
Table 41 Standby Power Market Size, By Region, 2014-2021 (USD Million)
Table 42 Base Load/Continuous Power Market Size, By Region, 2014-2021 (USD Million)
Table 43 Generator Power Rating Required By Different End-Use Industries
Table 44 Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 45 Less Than 10 kW Market Size, By Region, 2014-2021 (USD Million)
Table 46 11-20 kW Market Size, By Region, 2014-2021 (USD Million)
Table 47 21-50 kW Market Size, By Region, 2014-2021 (USD Million)
Table 48 51-100 kW Market Size, By Region, 2014-2021 (USD Million)
Table 49 101-2500 kW Market Size, By Region, 2014-2021 (USD Million)
Table 50 251-500 kW Market Size, By Region, 2014-2021 (USD Million)
Table 51 501-1000 kW Market Size, By Region, 2014-2021 (USD Million)
Table 52 1001-1500 kW Market Size, By Region, 2014-2021 (USD Million)
Table 53 1501-2000 kW Market Size, By Region, 2014-2021 (USD Million)
Table 54 2001-2500 kW Market Size, By Region, 2014-2021 (USD Million)
Table 55 Above 2500 kW Market Size, By Region, 2014-2021 (USD Million)
Table 56 Power Rental Market Size, By Region, 2014-2021 (USD Million)
Table 57 Asia-Pacific: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 58 Asia-Pacific: Power Rental Market Size, By Generator Type, 2014-2021 (USD Million)
Table 59 Asia-Pacific: Power Rental Market Size, By Application, 2014-2021 (USD Million)
Table 60 Asia-Pacific: Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 61 Asia-Pacific: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 62 China: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 63 India: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 64 Australia: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 65 Japan: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 66 North America: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 67 North America: Power Rental Market Size, By Generator Type, 2014-2021 (USD Million)
Table 68 North America: Power Rental Market Size, By Application, 2014-2021 (USD Million)
Table 69 North America: Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 70 North America: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 71 U.S.: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 72 Canada: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 73 Mexico: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 74 South America: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 75 South America: Power Rental Market Size, By Generator Type, 2014-2021 (USD Million)
Table 76 South America: Power Rental Market Size, By Application Type, 2014-2021 (USD Million)
Table 77 South America: Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 78 South America: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 79 Brazil: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 80 Argentina: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 81 Chile: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 82 Europe: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 83 Europe: Power Rental Market Size, By Generator Type, 2014-2021 (USD Million)
Table 84 Europe: Power Rental Market Size, By Application, 2014-2021 (USD Million)
Table 85 Europe: Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 86 Europe: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 87 U.K.: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 88 Germany: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 89 Russia: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 90 Italy: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 91 France: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 92 Turkey: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 93 Middle East: Oil Reserves, 2009–2013 (Thousand Barrels Daily)
Table 94 Middle East: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 95 Middle East: Power Rental Market Size, By Generator Type, 2014-2021 (USD Million)
Table 96 Middle East: Power Rental Market Size, By Application, 2014-2021 (USD Million)
Table 97 Middle East: Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 98 Middle East: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 99 Saudi Arabia: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 100 Uae: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 101 Iran: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 102 Qatar: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 103 Africa: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 104 Africa: Power Rental Market Size, By Generator Type, 2014-2021 (USD Million)
Table 105 Africa: Power Rental Market Size, By Application, 2014-2021 (USD Million)
Table 106 Africa: Power Rental Market Size, By Generator kW Rating, 2014-2021 (USD Million)
Table 107 Africa: Power Rental Market Size, By Country, 2014-2021 (USD Million)
Table 108 Algeria: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 109 Nigeria: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 110 South Africa: Power Rental Market Size, By End-Use Industry, 2014-2021 (USD Million)
Table 111 North America Temperature Control Market Size (Value), By Country, 2014-2021 (USD Million)
Table 112 Joint Ventures, 2011-2014
Table 113 New Product/Technology Launches, 2011-2016
Table 114 Expansions, 2011-2016
Table 115 Mergers & Acquisitions, 2011-2016
Table 116 Contracts & Agreements, 2011-2016


List of Figures (54 Figures)

Figure 1 Markets Covered: Power Rental
Figure 2 Power Rental Market: Research Design
Figure 3 Break Down of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown & Data Triangulation
Figure 6 Regional Market Share in the Power Rental Market in 2014
Figure 7 The Middle East is Expected to Dominate the Power Rental Market During the Forecast Period
Figure 8 Power Rental Market Share (Value), By End-Use Industry, 2015 & 2020
Figure 9 Power Rental Market Share (Value), By Power Rating, 2015 & 2020
Figure 10 Power Rental Market Share (Value), By Type of Generator, 2014
Figure 11 The Increasing Power Demand Will Create Growth Opportunities in the Power Rental Market
Figure 12 Power Rental Market Share (Value), By Region, 2014
Figure 13 Peak Shaving Was Estimated to Occupy the Largest Market Share in 2014
Figure 14 Gas Generator Segment to Grow at A Rapid Rate in the Power Rental Market
Figure 15 Developing Economies to Grow Faster Than Developed Ones During 2015-2021
Figure 16 The Middle Eastern & Asia-Pacific Markets are Expected to Have High Growth Rates During 2015-2021
Figure 17 Market Segmentation: By Application, Type of Fuel, End Use Industry, Power Rating & Region
Figure 18 Market Dynamics for Power Rental Market
Figure 19 Energy Consumption in OECD & Non OECD Countries, 1990-2040
Figure 20 Value Chain Analysis: Major Value is Added During the Installation & Operation Phase
Figure 21 Porter’s Five Forces Analysis: the Bargaining Power of Buyers is Moderate to High in the Power Rental Market
Figure 22 Global Power Rental Market Share(Value), By End Use Industry, 2014
Figure 23 Power Rental Market Share (Value), By Generator Type, 2015
Figure 24 Power Rental Market Share (Value), By Application, 2015
Figure 25 Power Rental Market Share (Value), By kW Rating, 2015
Figure 26 Power Rental Market Share (Value), By Region, 2014
Figure 27 Asia-Pacific Power Rental Market Snapshot, 2015
Figure 28 North America Power Rental Market Snapshot, 2015
Figure 29 U.K. Electric Power Demand By Sector, 2012
Figure 30 Companies Adopted Partnerships/Agreements and Expansions as the Key Growth Strategies in the Past Four Years
Figure 31 Aggreko Held the Largest Share in the Power Rental Market, 2014
Figure 32 Market Evaluation Framework
Figure 33 Battle for Market Share: Contracts & Agreements Was the Key Strategy
Figure 34 Geographic Revenue Mix of the Top Four Market Players
Figure 35 Aggreko PLC: Company Snapshot
Figure 36 Aggreko PLC: SWOT Analysis
Figure 37 APR Energy PLC: Company Snapshot
Figure 38 APR Energy PLC: SWOT Analysis
Figure 39 Ashtead Group PLC: Company Snapshot
Figure 40 Ashtead Group PLC: SWOT Analysis
Figure 41 Caterpillar Inc.: Company Snapshot
Figure 42 Caterpillar Inc.: SWOT Analysis
Figure 43 Cummins Inc.: Company Snapshot
Figure 44 Cummins Inc.: SWOT Analysis
Figure 45 Atlas Copco CB: Company Snapshot
Figure 46 Hertz Corporation: Company Snapshot
Figure 47 Speedy Hire PLC: Company Snapshot
Figure 48 United Rentals Inc.: Company Snapshot
Figure 49 Bredenoord Exploitatiemij B.V.: Company Snapshot
Figure 50 Kohler Co.Inc.: Company Snapshot
Figure 51 Power Electrics (Bristol) Limited: Company Snapshot
Figure 52 Rental Solutions & Services LLC: Company Snapshot
Figure 53 Smart Energy Solutions: Company Snapshot
Figure 54 Soenergy International Inc.: Company Snapshot

The global power rental market is projected to reach USD 21.25 Billion by 2021, growing at a CAGR of 10.7% from 2016 to 2021. This growth can be attributed to the lack of electricity supply, rise in construction and infrastructural activities, and increase in number of planned events, triggering an increasing demand for energy.

The report segments the power rental market on the basis of end-users into utilities, oil & gas, events, construction, mining, manufacturing, shipping, others (military and telecommunications). The utilities segment recorded the largest market size in 2015. The growth can be attributed to aging power grid infrastructure in the developed economies, followed by lack of electricity supply in the developing economies of the Asia-Pacific and African regions. Poor grid infrastructure causes frequent blackouts giving rise to the need for rental power. The oil & gas industry held the second largest market share. Growing industrialization and rising demand for continuous power supply by these industries are expected to drive the power rental market from 2016 to 2021.

The power rental market has also been classified on the basis of power rating into less than 10 kW, 11 kW -20 kW, 21 kW -50 kW, 51 kW -100 kW, 101 kW -250 kW, 251 kW -500 kW, 501 kW -1000 kW,1001 kW -1500 kW, 1500 kW -2000 kW, 2001 kW -2500 kW, and above 2500 kW. The demand for 500 kW power rated generators is expected to increase during the forecast period, as they are used in a wide range of applications in the oil & gas, utilities and mining sectors.

North America held the largest market share followed by Africa and the Asia-Pacific. Growth in power demand and capacity expansion plans by power rental companies are the key market drivers. Africa is estimated to be the fastest growing power rental market, owing to low electrification rates, and poor grid infrastructure, which propel the demand for diesel generators. In 2015, Algeria dominated the African power rental market, due to the increased power demand during summer. The figure given below indicates the market size of various regions by 2021, with their respective CAGRs.

Power Rental Market

Environmental agencies constantly exert pressure on various countries to decrease carbon emissions, and aggressive targets have consequently been set by these countries. Owing to these targets, governments are moving towards renewable energy sources. This would adversely affect the power rental market.

Some of the leading players in the power rental market are Aggreko PLC (U.K.), APR Energy Inc. (U.S.), Ashtead Group Plc (U.K.), Caterpillar Inc.(U.S.), Power Electrics (U.K.), Speedy Hire (U.S.), United Rentals (U.S.), Cummins Inc.(U.S.), Hertz Corporation(U.S.), Kohler (U.S.), Smart Energy Solutions (UAE), and Rental Solutions and Services (UAE), among others. Contracts & agreements was the strategy most commonly used by top players in the market, followed by, expansions, and other developments.

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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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