Power Rental Market was valued at USD 8.8 billion in 2021 and expected to grow with a significant growth rate CAGR of 8% between 2022 and 2028. Power rental is gaining speed on account of increasing use in many industries to provide essential support during the event of power outages. In addition, the advantages of the equipment can be used as a base load or standby application. In addition, obsolete permanent power plants, decarbonization and decentralization of the energy mix, and the development of next-generation air compressors are some of the factors expected to provide potential opportunities during the forecast period from 2022 to 2028.
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Top Major Key Players Industries
ProPower Rental (United States)
Modern Hiring Service (India)
Global Power Supply (United States)
United Rentals (United States)
Jassim Transport & Stevedoring Co. K.S.C.C. (Kuwait)
Shenton Group (United Kingdom)
Atlas Copco (Sweden)
Cummins Inc. (United States)
APR Energy (United States)
FG Wilson (United Kingdom)
Newburn Power Rental Ltd (United Kingdom)
Sudhir Power Ltd. (India)
Pump Power Rental (United Kingdom)
NIDS GROUP (India)
Kohler-SDMO (France)
Aggreko (United Kingdom)
Caterpillar Inc. (United States)
Market By Fuel
Diesel
Gas
Dual Fuel
Market By Power Rating
11-50 kW
51-200 kW
201-500 kW
501-1,000 kW
1,001-2,000 kW
Above 2,000 kW
Market By End-User Industries
Utilities
Oil & Gas
Events
Construction
Mining
Shipping
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Scope of the Report
The research study analyzes the global Power Rental industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Power Rental Market Report
What was the Power Rental Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Power Rental Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Power Rental Market was the market leader in 2022
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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