Global Power Rental Market is Expected to Reach USD 20.64 Billion in 2019: Transparency Market Research

  Global Power Rental Market is Expected to Reach USD 20.64 Billion in 2019:
                         Transparency Market Research

  PR Newswire

  ALBANY, New York, January 28, 2014

ALBANY, New York, January 28, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "
Power Rental  Market for applications (Peak Shaving, Continuous Power and
Standby) in  End Use  (Government and Utilities, Oil, Gas and Mining,
Construction, Industrial, Events)  -  Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2012 - 2019 ," the global power rental market was
valued at USD 7.28 billion in 2012 and is expected to reach 20.64 billion in
2019, growing at a CAGR of 16.2% from 2013 to 2019.

Browse the full Power Rental Market Report with TOC at 
http://www.transparencymarketresearch.com/power-rental-market.html

Growing energy demand and increased grid instability is one of the key factors
attributed to power rental market growth. Furthermore, increasing alternating
power spikes coupled with rising number of planned and unplanned events are
expected to augment market growth. Rising awareness amongst energy intensive
industries to curtail growing energy demand during peak hours is likely to
bolster the product demand. Key challenges faced by the market participants
include stringent environmental regulations against diesel power generators,
which are expected to curb market growth. However, development of evolutionary
power rental systems is hopeful to overcome the challenge. Growing demand
arising in off grid regions is expected to generate new opportunities for the
market owing to its convenient portability to remote off grid areas.

Key applications analyzed in this market include peak shaving, continuous
power and standby market. The continuous power application market held a
significant share in the overall market followed by peak shaving and standby
applications in 2012. The growing popularity of peak shaving applications is
likely to boost the product demand over the forecast period. The peak shaving
application market is likely to grow at a CAGR 16.8% from 2013 to 2019.
Regulatory intervention by Greenpeace over the energy consumption is expected
to trim the product demand in standby application market over the coming
years.

The Middle East and Africa (MEA) dominated global power rental market in 2012,
accounting for more than 31% of the overall market in 2012. Asia Pacific
followed MEA accounting for more than 19% market share in 2012. Rising energy
demand in MEA is expected to bolster the overall market growth. Asia Pacific
and MEA regions are expected to witness a surge in power rental systems demand
owing to rise in electricity requirement. MEA power rental market is estimated
to reach USD 6.87 billion by 2019 while Asia Pacific market is expected to
grow at a CAGR of 16.8% from 2013 to 2019. Key participants in this market
include Aggreko plc, APR Energy LLC, Atlas Copco AB, and Energyst CAT Rental
Power. Aggreko plc dominated power rental market in 2012 owing to their global
presence and strong distribution network. The report provides an overview of
these companies followed by their financial revenue, business strategies, and
recent developments.

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This research analyzes and estimates the performance and market of power
rental systems in the global scenario, providing detailed trend analysis of
the market by geography and comprehensive analysis of companies that are
dealing in power rental systems. The report presents a thorough assessment of
the strategies followed by different stakeholders by segmenting the power
rental market as below:

  *Power Rental Market: Application Analysis

    Peak Shaving

    Continuous Power

    Standby

  *Power Rental Systems Market: End User Analysis

    Government and Utilities

    Oil, Gas and Mining

    Construction

    Industrial

    Events

  *Power Rental Market: Regional Analysis

    North America

    Europe

    Asia-Pacific

    Rest of World (RoW)

Browse all Energy Market Research Reports @
http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us

Transparency Market Research is a global market intelligence company,
providing global business information reports and services. Our exclusive
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insight for thousands of decision makers. We are privileged with highly
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Our data repository is continuously updated and revised by a team of research
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broad research and analysis capability, Transparency Market Research employs
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data sets and research material for business reports.

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