NEW YORK, June 24, 2015 /PRNewswire/ --
About power rental
The most common form of power rental equipment is diesel generators and gas generators. The requirement of power rental equipment varies from customer to customer based on the size, capacity, and type of equipment, and the equipment is leased for a specific period. Rental power is increasingly used in many industries, as it can provide essential support during the event of a power outage. This equipment can be used as a base load or as a standby application depending upon the needs. For instance, rental power is of high importance during live or outdoor events, as it acts as a base load for event-based industries.
Technavio's analysts forecast the power rental market in the Americas to grow at a CAGR of 17.3% over the period 2014-2019.
Covered in this report
The power rental market in the Americas can be segmented into two based on products: diesel generators and gas generators. The major end-users of the market are the following: utility, construction and industrial, oil and gas, and others industries.
Technavio's report, the Power Rental Market in the Americas 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
- Aggreko
- Cummins
- Hertz
- Sunbelt Rentals
- United Rentals
Other prominent vendors
- APR Energy
- Caterpillar
- Trane Rental Services
Market driver
- Growing demand due to natural calamities
- For a full, detailed list, view our report
Market challenge
- Stringent emission norms
- For a full, detailed list, view our report
Market trend
- Adoption of gas generators as rental power
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03034198-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
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