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Global Power Rental Systems Market

Global Power Rental Systems Market was valued US$ 11.23 Bn in 2017 and is expected to reach US$ 30.12 Bn by 2026, at a CAGR of 13.13% during a forecast period.<br>

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Global Power Rental Systems Market

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  1. Global Power Rental Systems Market was valued US$ 11.23 Bn in 2017 and is expected to reach US$ 30.12 Bn by 2026, at a CAGR of 13.13% during a forecast period. The global power rental systems market based on application, end-user, and region. In terms of application, the global power rental systems market is classified into peak shaving, continuous power, and standby. Based on end-user, the global power rental systems market is categorized into government and utilities, oil, gas and mining, construction, industrial, and events. Region wise into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The global power rental systems market is driven by the increasing grid instability due to the aging of conventional grids. The global power rental systems market will also benefit from the increasing awareness about curtailing the energy demand during peak hours. Other factors that will fuel the global power rental systems market include the increasing preference to renting power instead of buying it. Moreover, the market will be challenged by the increasing focus of nations on renewable energy and payment issues in developing and underdeveloped nations. Concerns regarding emissions from power rental equipment is a major hindering factor for this industry. Global Power Rental Systems Market In terms of application, Peak shaving is a technique to decrease power bills by curbing the power consumption during peak hours when electricity rates are the highest. Power rental units help in curtailing the power demand during seasonal peak hours, thereby controlling electric billing costs. Based on end-user, Oil & Gas industry is one of the largest consumers of power in the world. The use of power rental systems helps these industries distribute power loads between peak and non-peak hours thereby reducing the electrical power cost considerably. Moreover, the emerging oil and gas industry in the Middle East and Asia Pacific coupled with demand supply gap in power is anticipated to augment the demand for power rental systems in this segment. The Middle East & Africa region has been the largest power rental systems market globally and is also expected to be the fastest-growing market in the upcoming years. The demand for power rental systems market in the Middle East was valued at US$ 2,650.0 million in 2017.

  2. Some of the key players in the global power rental systems market are Aggreko PLC, Herc Holdings Inc., APR Energy, Caterpillar Inc., United Rentals Inc., Cummins Inc., Atlas Copco AB, Ashtead Group PLC, Al Faris Group, and Quippo Infrastructure Equipment Limited. For More Information Visit: For More Information Visit: https://www.maximizemarketresearch.com/market-report/global- power-rental-systems-market/21040/ Scope of the Global Power Rental Systems Market Global Power Rental Systems Market by Application • Peak Shaving • Continuous Power • Standby Global Power Rental Systems Market by End-User • Government and Utilities • Oil, Gas and Mining • Construction • Industrial • Events Global Power Rental Systems Market by Geography • North America • Europe • Asia-Pacific • Middle East & Africa • Latin America Key Players operating in the Global Power Rental Systems Market • Aggreko PLC • Herc Holdings Inc. • APR Energy • Caterpillar Inc. • United Rentals Inc. • Cummins Inc. • Atlas Copco AB

  3. • Ashtead Group PLC • Al Faris Group • Quippo Infrastructure Equipment Limited • Caterpillar, Inc. • Hertz Corporation • Kohler Co. • Perennial Technologies Pvt Ltd • Energyst This Report Is Submitted By @ This Report Is Submitted By @Global Global Market Research Company Market Research Company Customization of the report: Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact Us Contact Us: : Name: Name: Lumawant Godage Organization: Organization: MAXIMIZE MARKET RESEARCH Email: Email: sales@maximizemarketresearch.com Contact: Contact: +91 9607365656

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