DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/5sh3vt/global_power) has announced the addition of the "Global Power Rental Market Report" report to their offering.
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The analysts forecast the Global Power Rental market to grow at a CAGR of 17 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing energy demand. The Global Power Rental market has also been witnessing an increasing demand for electricity. However, stringent emission regulations could pose a challenge to the growth of this market.
The report, the Global Power Rental Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the markets in North America, Middle East, Asia, Africa, Europe, and Latin America; it also covers the Global Power Rental market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The lack of investment in the Power sector is another trend being witnessed in the Global Power Rental market. The investment required in the construction of new power plants and the maintenance of the existing power plants is lesser than the investment required to bridge the demand-supply gap for electricity. Power plants that are currently under construction will take at least two to four years to become completely operational. As a result of this scenario and the lack of investment in power projects, utility providers are increasingly using rental power to meet the increasing demand for electricity.
According to the report,there are several drivers contributing to the growth of the Global Power Rental market, the most important of which is the increasing demand-supply gap for energy used for power generation. The increasing demand for power across the globe could limit its supply in the future. To mitigate this problem, there has been an increasing use of rental power.
Further, the report states that one of the key challenges in this market is the stringent emission regulations imposed by the EPA. These regulations are formulated with an aim to reduce hazardous emissions of gases from diesel generator sets.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Ashtead Group PLC, Bredenoord Exploitatiemij B.V, Carrier Rental Systems, Cummins Power Generation Inc, Hertz Corporation, Kohler Co., RSS International, Quippo Energy Private Limited, Power Electrics, Speedy Hire PLC, Worldwide Power Product LLC, and United Rentals Inc.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Application
8. Market Segmentation by End-users
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Aggreko plc
- APR Energy LLC
- Ashtead Group plc
- Atlas Copco AB
- Bredenoord Exploitatiemij B.V.
- Carrier Rental Systems
- Cummins Power Generation Inc.
- Energyst CAT Rental Power
- Hertz Corp.
- Kohler Co.
- Power Electrics
- Quippo Energy Pvt. Ltd.
- RSS International
- Speedy Hire plc
- United Rentals Inc.
- Worldwide Power Product LLC.
For more information visit http://www.researchandmarkets.com/research/5sh3vt/global_power
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets