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Global Generator Rental Market for Oil and Gas Industry 2017-2021

Global Generator Rental Market for Oil and Gas Industry 2017-2021

About Generator Rental

Rental power is used to meet peak load demand, base load supply, or as a standby. The need to provide uninterrupted power is a major factor driving the growth of the power rental market. This is because using power rentals is more economical than maintaining a reserve plant, the demand for rental power has risen over time.

Technavio’s analysts forecast the global generator rental market for oil and gas industry to grow at a CAGR of 3.53% 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 oil and gas industry for 2017-2021. To calculate the market size, the report considers the revenues that are generated from the renting of generators in the oil and gas market.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Generator Rental Market for Oil and Gas 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
  • APR Energy
  • Atlas Copco
  • Energyst
  • United Rentals
Other prominent vendors
  • Altaaqa Global
  • Ashtead Group
  • Byrne Equipment Rental
  • Cummins Power
  • Doosan Portable Power
  • Hertz Equipment Rental
  • Kohler Power
  • Sumberdaya Sewatama
  • Himoinsa
  • APac Energy
  • Modern Hiring Service
Market driver
  • Constant demand for oil and gas
  • For a full, detailed list, view our report
Market challenge
  • Increase in alternate energy source
  • For a full, detailed list, view our report
Market trend
  • Increase in oil and gas upstream investments
  • 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

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

Technavio recognizes the following companies as the key players in the report title minus years: Aggreko, APR Energy, Atlas Copco, Energyst, and United Rentals.

Other Prominent Vendors in the market are: Altaaqa Global, Ashtead Group, Byrne Equipment Rental, Cummins Power, Doosan Portable Power, Hertz Equipment Rental, Kohler Power, Sumberdaya Sewatama, Himoinsa, APac Energy, and Modern Hiring Service.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in oil and gas upstream investments. The demand for oil and gas is expected remain strong in the future. Although renewables have been gaining interest, the global energy mix will be largely dominated by oil and gas in future. As the demand for oil field services depends on the expenditure by the oil and gas industry, the oil field services companies remain optimistic for the future.”

According to the report, one of the major drivers for this market is constant demand for oil and gas. The demand for oil and gas is increasing despite the decline in crude oil prices, especially in the case of gasoline. With increase in global oil and gas production and exploration, the global generator rental market for the oil and gas industry will grow as per the increase in production. The growth in demand and continued production of oil and gas should drive large investments in technology.

Further, the report states that one of the major factors hindering the growth of this market is increase in alternate energy source. Climatic changes, uncertainty in oil prices, and the need for sustainable energy have increased the focus on alternative energy sources globally. The gradual increase in renewable investments by the governments could have an adverse impact on oil field services (OFS). As this would lead to reduction in demand, combined with the higher cost of production will result in many OFS companies to shut down.

Companies Mentioned

Aggreko, APR Energy, Atlas Copco, Energyst, United Rentals, Altaaqa Global, Ashtead Group, Byrne Equipment Rental, Cummins Power, Doosan Portable Power, Hertz Equipment Rental, Kohler Power, Sumberdaya Sewatama, Himoinsa, APac Energy, and Modern Hiring Service.

  • Executive summary
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Oil and Gas technological overview
      • Table Different stages in a typical petroleum value chain
    • Overview of rental power solutions
      • Table Rental generators usage across oil and gas sector value chain
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global generator rental market for oil and gas industry 2016-2021 ($ millions)
      • Table Global rental power solutions market for oil and gas industry 2016-2021 ($ millions)
      • Table Global CAPEX spending in oil and gas industry 2010-2015 ($ billions)
      • Table Global rental generator market for oil and gas industry (optimistic scenario) 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global generator rental market for oil and gas industry by application 2016-2021
      • Table Global generator rental market for oil and gas industry by application 2016-2021 (%)
      • Table Global generator rental market for oil and gas industry by application 2016-2021($ millions)
    • Global generator rental market for oil and gas industry by onshore application
      • Table Global generator rental market for oil and gas industry by onshore application ($ millions)
      • Table Global investments in oil and gas, upstream and refining 2014-2035 ($ billions)
    • Global generator rental market for oil and gas industry by offshore application
      • Table Global generator rental market for oil and gas industry by offshore application ($ millions)
  • Market segmentation by product
    • Global generator rental market for oil and gas industry by product type
      • Table Global power rental market for oil and gas industry by product type 2016-2021 (%)
      • Table Global generator rental market for oil and gas industry by product type 2016-2021 ($ millions)
    • Global generator rental market for oil and gas industry by diesel generator
      • Table Global generator rental market for oil and gas industry by diesel generator 2016-2021 ($ millions)
    • Global generator rental market for oil and gas industry by gas generator
      • Table Global generator rental market for oil and gas industry by gas generator 2016-2021 ($ millions)
  • Geographical segmentation
    • Global generator rental market for oil and gas industry by geography
      • Table Global generator rental market for oil and gas industry by geography 2016-2021 (%)
      • Table Global generator rental market for oil and gas industry by geography 2016-2021 ($ millions)
    • Generator rental market for oil and gas industry in EMEA
      • Table Generator rental market for oil and gas industry in EMEA 2016-2021 ($ millions)
      • Table Oil and gas proved reserves status 2015 end (%)
    • Generator rental market for oil and gas industry in Americas
      • Table Generator rental market for oil and gas industry in Americas 2016-2021 ($ millions)
      • Table US offshore rig count 2015-2016
    • Generator rental market for oil and gas industry in APAC
      • Table Generator rental market for oil and gas industry in APAC 2016-2021 ($ millions)
      • Table Oil and gas upstream investments in APAC 2014-2035 ($ billion)
  • Key leading countries
    • US
    • Saudi Arabia
  • Market drivers
    • Constant demand for oil and gas
      • Table Global oil production (thousands of barrels per day) 2010-2015
      • Table Global oil and gas demand 2013-2016 (mb/d)
    • Increasing offshore drilling activity
    • Need for consistent power
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Increase in alternate energy source
      • Table Total global renewable installed capacity (GW) and renewable investments ($ billion) 2010-2015
      • Table Share of fossil fuels in global energy mix 2014 and 2035
    • Decline in oil rig count
      • Table Global rig count 2014-2015
    • Stringent emission standards
      • Table EPA emission implementation timeline 2000-2017
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in oil and gas upstream investments
      • Table Cumulative global investment in oil upstream activities 2014-2035 ($ trillions)
      • Table Cumulative global investment in gas upstream activities 2014-2035 ($ trillions)
    • Increase in use of gas generators for rental power
      • Table Comparison between gas and diesel generator
    • Development of advanced drilling solutions
  • Vendor landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Aggreko
      • Table Aggreko: Power rental solutions
      • Table Aggreko: Generator rental solution portfolio
    • APR Energy
      • Table APR Energy: Generator rental solutions
      • Table APR Energy: Generator rental solutions services
    • Atlas Copco
      • Table Atlas Copco: Power rental product portfolio
    • Energyst
      • Table Energyst: Power rental solutions
      • Table Energyst: Product portfolio
    • United Rentals
      • Table United Rentals: Generator rental product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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