- – Owing to high fuel efficiency, diesel generators segment will account for notable share of the market
- – Middle East and Africa will be a notable regional market over the forecast period, offering lucrative opportunities to players
- – Increasing incidence of power outage is leading to growth in the market from 2019 to 2027
Transparency Market Research, New York: A slew of positive factors will drive global generator rental market over the next few years. This includes higher incidence of power outages, increase in construction volumes and bigger number of sports events, carnivals and festivals.
As per Transparency Market Research, “The global generator rental market would grow at CAGR of about 5% from 2019 to 2027. This will improve the market worth substantially – from about USD 3.9 billion in 2018 to approximately USD 6 billion by the year 2027.”
Request for Covid-19 Impact Analysis on Generator Rental Market: https://www.transparencymarketresearch.com/Covid19.php
Key Findings of Global Generator Rental Market Study:
- – In the fuel types category, diesel segment would hold a notable share in the market over the forecast period
- – In the power ratings category, above 100kVA segment would contribute significantly to growth in the market
- – In the end-users category, utilities will emerge as a prominent segment
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php
Key Drivers of Growth in Global Generator Rental Market Study:
- – Rapid industrialization, particularly in the developing economies of the world, is leading to higher demand for generators
- – Urbanization and increase in disposable income will contribute positively to market growth
- – Construction volumes are set to increase massively over the next few years and this will also pave way for growth in the market
- – Increase in power outages to provide novel opportunities to market players over the forecast period
- – Ageing supply line and old power infrastructure to contribute to power failures leading to higher demand for generator rentals
- – Events such as sports competitions (FIFA World Cup, Commonwealth games, and so on) and carnivals are witnessing an increase in their number
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/74616
Regional Analysis of Global Generator Rental Market:
- – The global generator rental market was dominated by Middle East and Africa in the year 2018
- – Over the forecast period, the region will display a healthy compound annual growth rate
- – Factors that are set to support growth in the region include increase in number of construction projects
- – Additionally, unavailability of power grids in remote locations and extreme weather conditions are notable growth factors
- – The highest CAGR will be charted by the Asia Pacific (APAC) region over the forecast period
- – Europe and North America are set to hold a sizeable share of the global generator rental market
Purchase Premium Research Report on Generator Rental Market @ https://www.transparencymarketresearch.com/checkout.php
Competitive Landscape of Global Generator Rental Market:
The fragmented vendor landscape of global generator rental market is marked by presence of key players such as Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Himoinsa S.L., AKSA Power Generation, KOEL Green, Atlas Copco AB, Aggreko PLC, Kohler Co., United Rentals, Inc., APR Energy, AGCO Corporation, Herc Rentals Inc., Ashtead Group plc, Wartsila, and Cooper Equipment Rentals, among others.
The competitors’ landscape has been comprehensively analyzed and the findings enumerated in market report prepared by Transparency Market Research, which has included crucial information such as financials and strategies. It is pertinent to note here that key alliances and keen focus on technological advancement will mark the market landscape.
Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm
Global Generator Rental Market: Segmentation
Generator Rental Market by Power Rating
- – Below 100 kVA
- – 100 kVA – 500 kVA
- – 501 kVA – 1,000 kVA
- – Above 1,000 kVA
Generator Rental Market by Fuel
- – Diesel
- – Natural Gas
- – Others (Including Gasoline, Liquefied Petroleum Gas (LPG), and Biogas/Biofuels)
Generator Rental Market, by End User
- – Utilities
- – Oil & Gas
- – Mining
- – Construction
- – Events
- – Others
Generator Rental Market by Region
- – North America
- – U.S.
- – Canada
- – Europe
- – Germany
- – U.K.
- – Italy
- – Spain
- – France
- – Rest of Europe
- – Asia Pacific
- – China
- – Japan
- – India
- – ASEAN
- – Rest of Asia Pacific
- – Latin America
- – Brazil
- – Mexico
- – Rest of Latin America
- – Middle East & Africa
- – GCC
- – South Africa
- – Rest of Middle East & Africa
Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm
Explore Transparency Market Research’s award-winning coverage of the global Energy & Natural Resources Industry,
PV Inverters Market – Global PV inverters market is poised for substantial growth in the years to come as there has been a phenomenal rise in the use of solar energy. More and more companies are committing towards moving from conventional source of energy to renewable ones. In addition to that, there has been a change in the consumer preference for a sustainable environment. Various governments together with further advancements in the sector of renewable energy have set ambitious targets.
Booster Compressor Market – The pressure can be maintained for limited period of time and cannot be used for regular or continuous operations. The compression of gas or air increases the temperature of the system. Most of the heat is carried away by the compressed gas, while the compressor components get heated with the contact of hot air. Water jackets or external fins are provided to reduce the temperature of booster compressor.
Electric Double-layer Capacitors Market – The increase in government regulations concerning carbon emissions, along with growing adoption of graphene and carbon nanotube electric double-layer capacitors (EDLCs), is a major factor that is expected to drive the growth of the electric double-layer capacitors market. Evolving green energy applications, advancements in electric double-layer capacitor technologies, improving price/performance ratios, and growing new applications across several industries are driving the electric double-layer capacitors market.
Electric Vehicles Fuel Cells Market – The electric vehicles fuel cells market in Europe and Asia Pacific is likely to expand at a rapid pace during the forecast period. Countries such as India, Japan, and China in Asia Pacific have started electrification of vehicles on a large scale. The government of China is investing in the development of China’s hydrogen energy and fuel cell operated electric vehicles. Latin America and Middle East & Africa are expected to account for small share of the market during the forecast period.
Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/generator-rental-market.htm