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Global Generator Rental Market for Mining Industry 2017-2021

Global Generator Rental Market for Mining Industry 2017-2021

About Generator Rental for Mining Industry

Rental power is used as an alternative power or as prime power in areas where grid power is non-existent or unreliable. High capacity power generators are hired to meet the on-site power needs and can be scaled to meet the temporary demand without the need for investing in generators. Mining sites are often in remote areas where access to grid power is limited or non-existent. This is the primary factor driving the need for generator rental power in the mining industry.

Technavio’s analysts forecast the global generator rental market for mining industry to grow at a CAGR of 3.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global generator rental market for mining industry for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Generator Rental Market for Mining Industry 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aggreko
  • Atlas Copco
  • Cummins
  • Energyst
  • United Rentals
Other prominent vendors
  • Altaaqa Global
  • APR Energy
  • Ashtead Group
  • BPC Power Rentals
  • Byrne
  • Doosan Portable Power
  • Generac Power Systems
  • Herc Rentals
  • HIMOINSA
  • J C Bamford Excavators
  • Kohler Power
  • Multiquip
  • PR POWER
  • PT. Sumberdaya Sewatama
  • Sunbelt Rentals
  • Wacker Neuson
Market driver
  • Increasing demand for rental power
  • For a full, detailed list, view our report
Market challenge
  • Alternative energy for mining
  • For a full, detailed list, view our report
Market trend
  • Expansion in mining industry in developing countries
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Generator Rental Market for Mining Industry 2017-2021

Technavio recognizes the following companies as the key players in the global generator rental market for mining industry: Aggreko, Atlas Copco, Cummins, Energyst, and United Rentals.

Other Prominent Vendors in the market are: Altaaqa Global, APR Energy, Ashtead Group, BPC Power Rentals, Bryne, Doosan Portable Power, Generac Power Systems, Herc Rentals, HIMOINSA, J C Bamford Excavators, Kohler Power, Multiquip, PR POWER, PT. Sumberdaya Sewatama, Sunbelt Rentals, Wacker Neuson.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is expansion in mining industry in developing countries. The global demand for mineral-based products is expected to increase majorly because of the continuing expansion of mining activities in developing nations. Therefore, the increase in demand for mineral-based products is expected to lead to an increase in demand for rental power for on-site operations.”

According to the report, one driver in the market is increasing demand for rental power. Generally, for a wide population of a country, electricity is supplied by a utility or electricity corporation. However, this is not the case in the mining sector where mines are located in remote wilderness. Also, grid power is limited or non-existent in these remote locations. Mining is one of the most energy intensive industries. Heavy machinery such as excavators, drills, shovels, and excavating machines are used to dig trenches and extract tons of mineral ores.

Further, the report states that one challenge in the market is alternative energy for mining. Diesel generators supply a major portion of the on-site power required in mines. Owing to their high reliability, these generators are used in small sites as well as large excavation sites. Large mining equipment such as shovels, drills, and excavating machinery are powered by diesel generators, without which more number of manpower and equipment would be necessary to complete the tasks. Thus, electric generators are essential to the mining industry. However, power is an operating expenditure and in remote sites, diesel generators are the only source of on-site power generation.

Companies Mentioned

Aggreko, Atlas Copco, Cummins, Energyst, United Rentals, Altaaqa Global, APR Energy, Ashtead Group, BPC Power Rentals, Bryne, Doosan Portable Power, Generac Power Systems, Herc Rentals, HIMOINSA, J C Bamford Excavators, Kohler Power, Multiquip, PR POWER, PT. Sumberdaya Sewatama, Sunbelt Rentals, Wacker Neuson

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global generator rental market for mining industry overview
    • Market size and forecast
      • Table Global generator rental market for mining industry 2016-2021 ($ millions)
      • Table Indexed lithium carbonate prices 2011-2015
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global generator rental market for mining industry by product
      • Table Global generator rental market for mining industry by product 2016 and 2021 (%)
      • Table Global generator rental market for mining industry by product 2016-2021 ($ millions)
    • Global diesel generator rental market for mining industry
      • Table Global diesel generator rental market for mining industry 2016-2021 ($ millions)
    • Global gas generator rental market for mining industry
      • Table Global gas generator rental market for mining industry 2016-2021 ($ millions)
  • Geographical segmentation
    • Global generator rental market for mining industry by geography
      • Table Global generator rental market for mining industry by geography 2016 and 2021 (%)
      • Table Global generator rental market for mining industry by geography 2016-2021 ($millions)
    • Generator rental market for mining industry in APAC
      • Table Generator rental market for mining industry in APAC 2016-2021 ($ millions)
    • Generator rental market for mining industry in the Americas
      • Table Generator rental market for mining industry in the Americas 2016-2021 ($ millions)
    • Generator rental market for mining industry in EMEA
      • Table Generator rental market for mining industry in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Top 5 global energy intensive industries 2015
      • Table Global urban population and rural population (millions)
      • Table Global electricity generation by source 1973 and 2014 (%)
    • Market challenges
      • Table Comparative commodity prices 2013-2016
      • Table Total mineral production 2015 (%)
  • Market trends
    • Increase in the use of gas and hybrid generators for rental power due to emission and cost concerns
    • Introduction of remote monitoring technology for power rental clients
    • Expansion in mining industry in developing countries
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • Aggreko
      • Table Aggreko: Power rental solutions
      • Table Aggreko: Power rental solution portfolio
    • Atlas Copco
      • Table Atlas Copco: Power rental product portfolio
    • Cummins
      • Table Cummins: Power rental solutions
      • Table Cummins: Key products
    • Energyst
      • Table Energyst: Power rental solutions
      • Table Energyst: Product portfolio
    • United Rentals
      • Table United Rentals: Power rental product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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