Power Rental Market is expected to reach a value of $21.3 Billion by 2020, at a CAGR of 12.9 %

The report "Power Rental Market by end user (industry, Utilities, Oil & Gas, Construction, Quarrying & Mining, Events, Shipping, and Others), Application (Peak Shaving, Base Load, & Standby), Type of Generator (Diesel, Gas, and Others), Power Rating (0-80, 81-280, 281-600,> 600kW), & by Region - Global Trends & Forecasts to 2020", defines and segments the global power rental market with an analysis and forecast of the market size. The power rental market is projected to grow from an estimated $11.6 Billion in 2015 to $21.3 Billion by 2020, at a CAGR of 12.9% during the forecast period. Major users of temporary power include utility companies, manufacturing firms, oil & gas companies, construction companies, shipping industry, event organizers, and mining companies.

Browse 121 market tables and 48 figures spread through 179 pages and an in-depth TOC on “Power Rental Market - Global Trends & Forecasts to 2020”

For Sample Pages: http://www.marketsandmarkets.com/requestsample.asp?id=744

Utility Sector: The largest market by end-use industry

The utility sector is the largest user of temporary power, and hence, contributes maximum share in the global power rental market. The oil & gas industry is the second largest user, followed by the industrial sector. The industrial sector mainly comprises manufacturing and service industry. The utilities and event industries are the highest growing end-user markets.

The Middle East & Asia-Pacific will have high growth rates in the power rental market

North America held 20.2% of the total market share in 2014, followed by the Middle East, with around 19% in the same year.  The Middle East is expected to grow at a high CAGR of 15.6%, whereas North America will grow at a CAGR of 10.6%. The Asia Pacific region is expected to grow at a CAGR of 14.4% during the forecast period. At country level, The U.S. accounts for the maximum market share.

The power rental market has also been analyzed with respect to Porter's Five Forces model. Different market forces such as bargaining power of buyers, bargaining power of suppliers, degree of competition, threat of substitutes, and threat of new entrants have been analyzed with respect to the power rental market.

This report also includes profiles of leading equipment manufacturers and suppliers of temporary power equipment such as Aggreko PLC (U.K.), APR Energy Inc. (U.S.), Ashtead Group Plc (U.K.), Caterpillar Inc.(U.S.), Power Electrics (U.K), Speedy Hire (U.S.), Atlas Copco AB (Sweden), Bredenoord (The Netherlands), United Rentals (U.S.), Cummins Inc.(U.S.), Hertz Corporation (U.S.), Kohler (U.S.), and So Energy International, Smart Energy Solutions (UAE) and Rental Solutions and Services headquartered in UAE. The report also provides a competitive landscape of major market players that includes new product developments, mergers & acquisitions, facility expansions, agreements & collaborations, and contracts.

Various secondary sources such as encyclopedias, directories, and databases have been used to identify and collect information that was useful for this extensive commercial study of the global power rental market. Primary sources, which include experts and suppliers from the industry, have been interviewed to obtain and verify critical information as well as assess future prospects of the power rental market.

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=744

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.com