Market Overview: Power Rental Market FY2024-2030
This reports provides an essential and dependable overview of the Power Rental Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Power Rental Market Report Coverage Details:
- Base Year: 2023
- Historical Data: 2019-22
- Forecast Period: 2024-2030
- CAGR: 4.93% (2024-2030)
The Global Power Rental Market size was valued at USD 12,898 Million in 2024 and is estimated to grow at a CAGR of around 4.93% during the forecast period, i.e., 2024-30.
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Power Rental Market Challenge:
Stringent Government Regulations Limiting Market Growth – The governments of various countries are focusing on reducing emissions and meeting environmental regulations. With growing environmental concerns, each country has come up with its own sets of regulations and policies to reduce emissions.
Moreover, a country like the US is aiming towards curbing carbon emissions, by regulating diesel fuel consumption, which accounts for CO2 emissions, and greenhouse effects, negative effects on human health. For these reasons, the market growth is decreasing, which affects the market growth of the Power Rental market.
Power Rental Market Segmentation Analysis – FY2024-2030
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Power Rental Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Power Rental Market segmentation is enlisted below:
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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By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Power Rental Market Competitive Landscape
Aggreko Plc, Ashtead Group Plc., United Rental Inc., Atlas Copco, Caterpillar Inc., Generac Holdings Inc., Bredenoord, Nishio Rent All Singapore Pte Ltd., Herc Rental Inc., Rental Solutions & Services, LM Generating Power Co., Ltd., Speedy Hire Plc, APR Energy, Newburn Power Rental, Others.
Power Rental Industry News:
- 2023: Aggreko Plc announced the acquisition of Resolute Industrial and Crestchic plc, creating additional growth opportunities through access to high return on capital equipment usually in short supply in the industry.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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