Power Rental Market Revenue, Trends Analysis, expected to Grow 7.4% CAGR, Growth Strategies and Future Outlook 2030: MarkNtel Advisors

Computer Aided Engineering Market

Power Rental Market Overview

As per recent research by MarkNtel Advisors, the global Power Rental Market size is estimated to grow at a CAGR of around 7.4% during the forecast period, i.e., 2024-30.

Power Rental Market Dynamics

Market Drivers : The Rapid Expansion of the Construction Industry Fuelling the Market Growth –

The construction activities in the residential, commercial, and hospitality sectors are increasing due to increased demand. The construction activities require electric power to run the various equipment and machinery at sites where construction takes place. The tools and machinery required at the construction sites including air compressors, hand drills, chain saws, battery chargers, electric welders, etc., have a power requirement for which the contractors or organizers hire power rental services to fulfil the requirement of energy during construction activities. Therefore, the surge in construction activities is driving the growth of the Power Rental Market.

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Power Rental Market Segmentation Overview 2024-2030: Key Factors

By Equipment

-Generators- Market Size & Forecast 2019-2030F, USD Million

-Transformers- Market Size & Forecast 2019-2030F, USD Million

-Load Banks- Market Size & Forecast 2019-2030F, USD Million

-Ancillary Equipment- Market Size & Forecast 2019-2030F, USD Million

By Fuel Type

-Diesel- Market Size & Forecast 2019-2030F, USD Million

-Natural Gas- Market Size & Forecast 2019-2030F, USD Million

By Application

-Peak Shaving- Market Size & Forecast 2019-2030F, USD Million

-Base Load- Market Size & Forecast 2019-2030F, USD Million

-Stand by- Market Size & Forecast 2019-2030F, USD Million

By Power Rating

-Up to 50 KW- Market Size & Forecast 2019-2030F, USD Million

-51KW – 500KW- Market Size & Forecast 2019-2030F, USD Million

-501KW- 2500 KW- Market Size & Forecast 2019-2030F, USD Million

-Above 2500KW- Market Size & Forecast 2019-2030F, USD Million

By End-User

-Power Utility- Market Size & Forecast 2019-2030F, USD Million

-Manufacturing- Market Size & Forecast 2019-2030F, USD Million

-Construction- Market Size & Forecast 2019-2030F, USD Million

-Mining & Metals- Market Size & Forecast 2019-2030F, USD Million

-Others (Events, Corporate & Retail)- Market Size & Forecast 2019-2030F, USD Million

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Power Rental Market Geographical Insights:

By Region:

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Key Players and Competitive Strategies in the Power Rental Market

Several prominent players dominate the Power Rental Market, including:

  • Aggreko Plc
  • Ashtead Group Plc.
  • United Rental Inc.
  • Atlas Copco
  • Caterpillar Inc.
  • Generac Holdings Inc.
  • Bredenoord
  • Nishio Rent All Singapore Pte Ltd.
  • Others

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Questions Addressed in this Study

1.How big is the Power Rental Market Size?

2.What is the Power Rental Market Growth?

3.Who are the key players of the Power Rental Market?

If you require specific information that isn’t included in the current report, we’ll provide it as part of the customization process

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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