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Global Power Rental Market 2016-2020

About Power 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; as using power rentals is more economical than maintaining a reserve plant, the demand for rental power has risen over time. The demand for rental power is expected to increase on account of growing public infrastructure construction, the increasing industrial base, and supply of power to remote areas. The oil and gas sector is a major end-user of rental generators and deploys them across the entire value chain; this is because most of the oil refineries and sites are located in remote areas where grid power is inaccessible.

Technavio’s analysts forecast the global power rental market to grow at a CAGR of 4.92% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global power rental market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the application of power rental across major end-user industries like utilities, oil and gas, and industria;l sector.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Power Rental Market 2016-2020, 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
  • Himoinsa
  • United Rentals
Other prominent vendors
  • Altaaqa Global
  • Ashtead Group
  • Bryne Equipment Rental
  • Cummins
  • Hertz Equipment Rental
  • Kohler Power
  • Sewatama
Market driver
  • Growing demand from utility and industrial sectors
  • For a full, detailed list, view our report
Market challenge
  • Slow growth in oil and gas industry
  • For a full, detailed list, view our report
Market trend
  • Hybrid generators gaining popularity due to emission and cost concerns
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 Power Rental Market 2016-2020

Technavio recognizes the following companies as the key players in the global power rental market: Aggreko, APR Energy, Atlas Copco, Energyst, Himoinsa, and United Rentals.

Other Prominent Vendors in the market are: Altaaqa Global, Ashtead, Bryne Equipment Rental, Cummins, Hertz Equipment Rental, Kohler Power, and Sewatama.

Commenting on the report, an analyst from Technavio’s team said: “Increase in use of gas generators for rental power will be a key trend for market growth. Environmental reforms and stringent government regulations to reduce emissions have led to new technology being developed where generators involve less fuel consumption while increasing the power output. A recent trend has been the shift to gas power generators. The use of gas produces cleaner power than diesel as it is more efficient, produces 30% fewer emissions and less noise than diesel generators. Gas is comparatively cleaner than other non-renewable fuels and is also relatively cheaper to operate than a diesel generator.”

According to the report, one of the key drivers for market growth will be increasing demand for rental power. Urbanization and a growing population have created an increasing strain on power utilities to meet the power demand. Though governments of various countries have invested in building new power plants as long-term energy sources, shortage of power supply is preventing power companies from meeting the immediate demand. The surge in residential and commercial infrastructure development is resulting in peak-hour supply constraints. These factors have compelled power companies to rely on temporary power generation sources to cater to the growing power demand.

Further, the report states that one of the key challenges for the market will be stringent emission standards. In response to the growing environmental concerns across the world, the US EPA has imposed several regulations regarding hazardous emissions. Local authorities in the Americas have also established general standards in response to the EPA's policies. The US EPA focuses on cleaner standards by targeting diesel fuels and encouraging the use of new diesel engines. These regulations cover the use of fuels such as low sulfur and ultra-low sulfur diesel fuels for engine efficiency.



Companies Mentioned

Aggreko, APR Energy, Atlas Copco, Energyst, Himoinsa, United Rentals, Altaaqa Global, Ashtead, Bryne Equipment Rental, Cummins, Hertz Equipment Rental, Kohler Power, Sewatama.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Market size calculation
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global power rental market 2015-2020 ($ billions)
      • Table Rental generators use across oil and gas sector value chain
      • Table Diesel, natural gas, and bi-fuel generators comparison
      • Table Y grade gas composition
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global power rental market by product type 2015
      • Table Global power rental market by product type 2015
    • Global power rental market by product type 2020
      • Table Global power rental market by product type 2020
    • Global power rental market by product type 2015-2020
      • Table Global power rental market by product type 2015-2020
    • Global power rental market by diesel generators
      • Table Global power rental market by diesel generators 2015-2020 ($ billions)
    • Global power rental market by gas generators
      • Table Global power rental market by gas generators 2015-2020 ($ billions)
  • Market segmentation by end-users
    • Global power rental market by end-users 2015
      • Table Global power rental market by end-users 2015
    • Global power rental market by end-users 2020
      • Table Global power rental market by end-users 2020
    • Global power rental market by end-users 2015-2020
      • Table Global power rental market by end-users 2015-2020
    • Global power rental market in oil and gas sector
      • Table Global power rental market in oil and gas sector 2015-2020 ($ billions)
      • Table Uses of rental power in oil and gas industry
    • Global power rental market in industrial sector
      • Table Global power rental market in industrial sector 2015-2020 ($ billions)
    • Global power rental market in utility sector
      • Table Global power rental market in utility sector 2015-2020 ($ billions)
    • Global power rental market in others sector
      • Table Global power rental market in others sector 2015-2020 ($ billions)
  • Geographical segmentation
    • Global power rental market by geographic segmentation 2015
      • Table Global power rental market by geographic segmentation 2015
    • Global power rental market by geographic segmentation 2020
      • Table Global power rental market by geographic segmentation 2020
    • Global power rental market by geographic segmentation 2015-2020
      • Table Global power rental market by geographic segmentation 2015-2020
    • Power rental market in Americas
      • Table Power rental market in Americas 2015-2020 ($ billions)
      • Table Natural calamities in Americas 2010-2015
      • Table Brazil electricity generation 2014
    • Power rental market in EMEA
      • Table Power rental market in EMEA 2015-2020 ($ billions)
    • Power rental market in APAC
      • Table Power rental market in APAC 2015-2020 ($ billions)
      • Table Global electrification rate
      • Table Worldwide electricity demand 2012-2035 (%)
      • Table Proposed hydropower generation in Southeast-Asia
  • Key leading countries
    • Table Population without electricity in Indonesia, Myanmar, Philippines (millions)
  • Market drivers
    • Increasing demand for rental power
    • Growing demand from utility and industrial sectors
    • Expanding construction activity in GCC countries
      • Table Infrastructure contracts awarded in GCC countries 2008-2014 ($ millions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Slow growth in oil and gas industry
      • Table Global rig count 2014-2015
    • Rise in distributed energy and battery storage
      • Table Benefits of distribution generation
      • Table Net summer capacity for estimated distributed solar PV capacity in US 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
    • Hybrid generators gaining popularity due to emission and cost concerns
    • Increase in use of gas generators for rental power
    • Rising demand from Southeast Asian countries
      • Table FDI in Southeast Asia 2012-2014 ($ billions)
  • Vendor landscape
    • Table Market shares of key vendors in global power rental market in 2015
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Aggreko
      • Table Aggreko: Power rental solutions
      • Table Aggreko: Business segmentation by revenue 2015
      • Table Aggreko: Rental solutions by key sectors (in %) for FY2015
      • Table Aggreko: Power rental solution portfolio
    • APR Energy
      • Table APR Energy: Power rental solutions
      • Table APR Energy: Business segmentation by revenue 2014
      • Table APR Energy: Power rental solutions
    • Atlas Copco
      • Table Atlas Copco: Business segmentation by revenue 2015
      • Table Atlas Copco: Revenue segmentation comparison by sub-segments for 2014 and 2015
      • Table Atlas Copco: Revenue/operating margin 2014 and 2015 ($ billions)
      • Table Atlas Copco: Geographical segmentation by revenue 2015
      • Table Atlas Copco: Power rental product portfolio
    • Energyst
      • Table Energyst: Power rental solutions
      • Table Energyst: Product portfolio
    • Himoinsa
      • Table Himoinsa: Power rental solution portfolio
    • United Rentals
      • Table United Rentals: Business segmentation by revenue 2015
      • Table United Rentals: Revenue by product category 2015
      • Table United Rentals: Revenue comparison 2014 and 2015 ($ billions)
      • Table United Rentals: Power rental product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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