Welcome!

News Feed Item

Global Power Rental Market is Expected to Reach USD 20.64 Billion in 2019: Transparency Market Research

ALBANY, New York, January 28, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Power Rental Market for applications (Peak Shaving, Continuous Power and Standby) in End Use (Government and Utilities, Oil, Gas and Mining, Construction, Industrial, Events) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019," the global power rental market was valued at USD 7.28 billion in 2012 and is expected to reach 20.64 billion in 2019, growing at a CAGR of 16.2% from 2013 to 2019.

Browse the full Power Rental Market Report with TOC at http://www.transparencymarketresearch.com/power-rental-market.html

Growing energy demand and increased grid instability is one of the key factors attributed to power rental market growth. Furthermore, increasing alternating power spikes coupled with rising number of planned and unplanned events are expected to augment market growth. Rising awareness amongst energy intensive industries to curtail growing energy demand during peak hours is likely to bolster the product demand. Key challenges faced by the market participants include stringent environmental regulations against diesel power generators, which are expected to curb market growth. However, development of evolutionary power rental systems is hopeful to overcome the challenge. Growing demand arising in off grid regions is expected to generate new opportunities for the market owing to its convenient portability to remote off grid areas.

Key applications analyzed in this market include peak shaving, continuous power and standby market. The continuous power application market held a significant share in the overall market followed by peak shaving and standby applications in 2012. The growing popularity of peak shaving applications is likely to boost the product demand over the forecast period. The peak shaving application market is likely to grow at a CAGR 16.8% from 2013 to 2019. Regulatory intervention by Greenpeace over the energy consumption is expected to trim the product demand in standby application market over the coming years.

The Middle East and Africa (MEA) dominated global power rental market in 2012, accounting for more than 31% of the overall market in 2012. Asia Pacific followed MEA accounting for more than 19% market share in 2012. Rising energy demand in MEA is expected to bolster the overall market growth. Asia Pacific and MEA regions are expected to witness a surge in power rental systems demand owing to rise in electricity requirement. MEA power rental market is estimated to reach USD 6.87 billion by 2019 while Asia Pacific market is expected to grow at a CAGR of 16.8% from 2013 to 2019. Key participants in this market include Aggreko plc, APR Energy LLC, Atlas Copco AB, and Energyst CAT Rental Power. Aggreko plc dominated power rental market in 2012 owing to their global presence and strong distribution network. The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.

Related & Recently Published Reports by Transparency Market Research

This research analyzes and estimates the performance and market of power rental systems in the global scenario, providing detailed trend analysis of the market by geography and comprehensive analysis of companies that are dealing in power rental systems. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the power rental market as below:

  • Power Rental Market: Application Analysis

    Peak Shaving

    Continuous Power

    Standby

  • Power Rental Systems Market: End User Analysis

    Government and Utilities

    Oil, Gas and Mining

    Construction

    Industrial

    Events

  • Power Rental Market: Regional Analysis

    North America

    Europe

    Asia-Pacific

    Rest of World (RoW)

Browse all Energy Market Research Reports @ http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us

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. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who 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

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://transparencymarketresearch.areavoices.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...