TechNavio recognizes the following companies as the key players in the Global Power Rental Market: Aggreko Plc, APR Energy LLC, Energyst CAT Rental Power, and Atlas Copco.
Commenting on the report, an analyst from TechNavio’s team said: “The lack of investment in the Power sector is another trend being witnessed in the Global Power Rental market. The investment required in the construction of new power plants and the maintenance of the existing power plants is lesser than the investment required to bridge the demand-supply gap for electricity. Power plants that are currently under construction will take at least two to four years to become completely operational. As a result of this scenario and the lack of investment in power projects, utility providers are increasingly using rental power to meet the increasing demand for electricity.”
According to the report,there are several drivers contributing to the growth of the Global Power Rental market, the most important of which is the increasing demand-supply gap for energy used for power generation. The increasing demand for power across the globe could limit its supply in the future. To mitigate this problem, there has been an increasing use of rental power.
Further, the report states that one of the key challenges in this market is the stringent emission regulations imposed by the EPA. These regulations are formulated with an aim to reduce hazardous emissions of gases from diesel generator sets.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Ashtead Group PLC, Bredenoord Exploitatiemij B.V, Carrier Rental Systems, Cummins Power Generation Inc, Hertz Corporation, Kohler Co., RSS International, Quippo Energy Private Limited, Power Electrics, Speedy Hire PLC, Worldwide Power Product LLC, and United Rentals Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-power-rental-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/energy
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TechNavio Announces the Publication of its Research Report -Global Power Rental Market 2012-2016
