The Standby Rental Power Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.
The major key players covered in this report:
Aggreko Plc (OTC:ARGKF) (UK), Caterpillar Inc. (NYSE:CAT) (US), United Rentals, Inc. (NYSE:URI) (US), Atlas Copco AB (OTC:ATLKY) (Sweden), Cummins Inc. (NYSE:CMI) (US), Ashtead Group plc (OTC:ASHTY) (UK), SEL (US), APR Energy (US), Kohler (US), Rental Solutions & Services (UAE), HERC (US), Generac Power Systems (US), Wacker Neuson SE (OTC:WKRCF)(Germany), and Wartsila Corporation (Finalnd).
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The demand for rental power is expected to increase because of growing public infrastructure construction, increasing industrial base, and supply of power to remote areas. Globally, there has been a constant rise in power consumption. The Americas accounted for the majority of shares of the standby rental power market during 2017 and the region is anticipated to continue the dominance during the forecast period as well. The US was the major market for standby rental power services and a key revenue contributor to the market in this region. Moreover, power shortages due to the shortage of rainfall and minimum reservoir levels also increase the dependence on rental generators in countries such as Brazil creating growth opportunities for vendors in the standby rental power market.
This report segments the global Standby Rental Power Market based on Types are:
Diesel Generators, Gas Generators, Others.
Based on Application, the Global Standby Rental Power Market is Segmented into:
Oil and Gas, Industrial, Utility, Others.
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In Feb 2020, Cummins Inc. (NYSE:CMI) (US) will be unveiling a new range of ignition-protected marine gensets at the 2020 Miami Boat and Yacht shows. These three new models — the 9kW, 11.5kW and 13.5kW — expand upon the existing ignition-protected marine Genset offerings of 4kW and 7.5kW.
In March 2019, Aggreko Plc (OTC:ARGKF) (UK) has won the contract to supply power generation equipment for meeting the need for temporary power during the 2019 Solheim Cup, to be held during 9th to 15th September 2019.
In March 2019, Caterpillar Inc. (NYSE:CAT) (US) introduced digital services for its rental customers. The company made an online facility for product research and buying. This platform helps in enhancing the digital capabilities of the company and provides easy, convenient solutions for customers to get products and services.
Regions covered By Standby Rental Power Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to the industry.
The report has 150 tables and figures browse the report description and TOC:
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