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(India.CityRegions.Com, March 16, 2018 ) The Global Power Rental Market was valued at USD 12.62 billion in 2016 and is projected to reach USD 26.36 billion by 2025, growing at a CAGR of 8.53% from 2017 to 2025.
Power Rental is defined as power that is leased out for a specific amount of time and is governed by either a verbal or written agreement. Power rental is increasingly used in many industries, as it can supply immediate power such as for power outage in remote locations with no power networks. Benefits of power rental include - increased end-customer advantage, improved profitability, fuel management, fleet management, reliability, design integration and after sales support.
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The major players in the market are as follows: 1. Atlas Copco 2. United Rentals, Inc. 3. Wartsia Corporation 4. Caterpillar, Inc. 5. Aggreko, PLC 6. Kohler Co. 7. Hertz Equipment Rental Corporation 8. Soenergy International, Inc. 9. Generac Power Systems 10. Rental Solutions & Services, LLC 11. Power Electrics Bristol Limited 12. Bredenoord Exploitatiemij B.V. 13. Ashtead Group, PLC 14. Cummins, Inc. 15. APR Energy, PLC These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology: Research study on the Global Power Rental Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review. The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.
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Source: EmailWire.Com
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