HOME › Research Insight › Power Rental Market (2012 - 2019) By End-User Industry, By Applications (Peak, Prime/Base & Standby), & Generator Types (Diesel & Gas Generator) - Global Trends & Forecasts
Power Rental Market (2012 - 2019) By End-User Industry, By Applications (Peak, Prime/Base & Standby), & Generator Types (Diesel & Gas Generator) - Global Trends & Forecasts
Recently, there have been a lot of developments in terms of the global power rental market. The increasing world energy demands have pushed the power rental companies to venture towards the agreements and expansions activities in the utilities, and oil & gas end-uses. These utilities and oil & gas, and construction activities are carried out using rental power companies for the requirement of power. The power rental market is driving utilities, oil & gas exploration, production developments, and industrial activities worldwide.
Huge investments have been made in utilities, construction, and oil & gas exploration and production activities by some of the biggest industry players, considering the developments, upcoming potential, and demand. Regions such as the Middle East, Asia-Pacific, Latin America, and Africa, have extensive growth in these end-uses in such regions where the maximum number of activities are carried out.
The focus on agreements of companies helps them minimize their cost of operation and, increase their global presence, thus generating great revenues for the companies. The investment of power rental involves huge investments and greater risks in the utilities and the oil & gas activities. Hence, in order to minimise the same, the leading players are signing contract agreements and joint ventures to have expertise in all areas.
Aggreko Plc. (U.K) is a well-known power rental company that enjoys a majority of the share in this market. It is a forerunner in the power rental sector that provides products and services in power generation, temperature control, and oil-free air. In order to maintain its market position Aggreko Plc. (U.K.) has an extensive expansion and mergers and acquisition strategy.
Power Rental Market by End-User Industry, by Applications (Peak, Prime/Base & Standby) & Generator Types (Diesel & Gas Generator) - Global Trends & Forecasts (2012 - 2019)
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