Global Power Rental Market Size was valued nearly USD 13.97 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 8.3% during the forecast period, i.e. 2017-2025. Due to private sectors reducing dependency on public electricity suppliers, some of emerging economies has facing power shortage or load sheading, government imitative for power saving schemes are the major factors which is projected to drive the growth of market during the forecast period. The market study base year 2017 and forecast period is 2019 to 2025.
Global Power Rental Market Size, Share Analysis By Region 2017
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global power rental market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global power rental market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Power Rental Market: Secondary Research
To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.
Power Rental Market: Primary Research
For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in power rental market are included as primary sources of the supply side.
After performing comprehensive engineering of power rental market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been lcarried out to collect information along with verifying and validating the significant and critical market numbers arrived at.
The global power rental market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The market in North America was counted to largest market share in 2018 and is projected to be fastest growing regional economy over the forecast period in terms of demand, growth and revenue due to Increasing power demand and aging infrastructure. The U.S market will show significant growth over the forecast due to rapidly development, upgradation infrastructure and modernization in life style are major factors will drive the U.S industry in coming years. Asia Pacific market lead the industry demand over the forecast period owing to increasing power rental trends in private sectors same time private sectors reducing dependency on public electricity suppliers, some of emerging economies has facing power shortage or load sheading, government imitative for power saving schemes are the major factors which is projected to drive the growth of market during the forecast period.
Key Players Landscape
The report also includes detailed profiles of end players such as Aggreko, Caterpillar, United Rental, Atlas Copco, Cummins, Ashtead Group, SEL, APR Energy, Kohler, Rental Solutions & Services, HERC, Generac Power Systems, Wacker Neuson, Power Electrics and Speedy Hire Wartsila Corporation.
Global Power Rental Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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