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Global Power Rental Accessories Market 2017-2021

Global Power Rental Accessories Market 2017-2021

About Power Rental Accessories

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 global power rental accessories market. Power rentals are more economical than maintaining a reserve plant. Thus, this factor has increased the demand for rental power over time.

Technavio’s analysts forecast the global power rental accessories market to grow at a CAGR of 3.18% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global power rental accessories market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of haircare products to individual consumers and salons.

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

  • Americas
  • APAC
  • EMEA
Technavio's report Global Power Rental Accessories Market 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
  • Caterpillar
  • Energyst
  • Sunbelt Rentals
Other prominent vendors
  • Altaaqa Global
  • APac Energy Rental
  • APR Energy
  • Ashtead Group
  • BPC Power Rentals
  • Byrne Equipment Rental
  • Crestchic
  • Cummins Power Generation
  • Herc Rentals
  • HIMOINSA
  • Kohler
  • Red-D-Arc
  • PT Sumberdaya Sewatama
  • United Rentals
Market driver
  • Growing demand from utility and industrial sectors.
  • For a full, detailed list, view our report
Market challenge
  • Increasing use of off-grid power systems.
  • For a full, detailed list, view our report
Market trend
  • Rising demand from Southeast Asian 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?
  • 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 Accessories Market 2017-2021

Technavio recognizes the following companies as the key players in the global power rental accessories market: Aggreko, Aggreko, Caterpillar, Energyst, and Sunbelt Rentals.

Other Prominent Vendors in the market are: Altaaqa Global, APac Energy Rental, APR Energy, Ashtead Group, BPC Power Rentals, Byrne Equipment Rental, Crestchic, Cummins Power Generation, Herc Rentals, HIMOINSA, Kohler, Red-D-Arc, PT Sumberdaya Sewatama, and United Rentals.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is rising demand from Southeast Asian countries. Southeast Asia consists of 10 emerging economies that have extensively contributed to the economic growth of the region. This increase can be attributed to rising disposable incomes and FDI in various sectors in these countries, leading to the amelioration of poverty and growth of the manufacturing sector. In 2014, this region accounted for 3% of the global economy but attracted more than 8% of global FDI flows.”

According to the report, one driver in market is growing demand from utility and industrial sectors. The need for temporary power supply across utilities and industrial sectors is increasing because of the demand-supply gap in electricity. Though the governments of various countries are commissioning new power plants to meet the growing demand, shortfalls persist in the short run as constructing a power plant would require 3-5 years, depending on its capacity. In addition, delays in power plant completion due to lack of investment will extend the construction period. However, many industries require a constant power supply to achieve optimum operational capacity and avoid financial losses due to outages. Apart from facing financial losses, continuous industrial development is required for sustaining the economic development of the country. This has resulted in utilities and industries resorting to the use of rental power where grid power is unstable for backup or in situations where grid power is not available.

Further, the report states that one challenge in market is slow growth in oil and gas industry. Earlier, power rental companies benefitted from increased onshore and offshore oil and gas exploration and production. However, the plunge in global oil and gas prices, which have fallen by almost 40%-50% in the last two years (201-2016) limits the confidence of new investors in the industry, posing a serious challenge to power rental companies. The rig count acts as a barometer for the oil and gas drilling industry and its suppliers worldwide. There has been an almost 35% drop in the rig count between 2014-2015. This is an indicator of the weak demand for the equipment used by the oil and gas industry. Therefore, lower oil prices and reduction in activities means lower equipment rentals, which is a challenge for the growth of the rental accessories industry.

Companies Mentioned

Aggreko, Aggreko, Caterpillar, Energyst, Sunbelt Rentals, Altaaqa Global, APac Energy Rental, APR Energy, Ashtead Group, BPC Power Rentals, Byrne Equipment Rental, Crestchic, Cummins Power Generation, Herc Rentals, HIMOINSA, Kohler, Red-D-Arc, PT Sumberdaya Sewatama, United Rentals.

  • 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
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global power rental accessories market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global power rental accessories market by product type 2016-2021
      • Table Global power rental accessories market by product type 2016-2021 (%)
      • Table Global power rental accessories market by product type 2016-2021 ($ millions)
    • Global power rental accessories market by power accessories
      • Table Global power rental accessories market by power accessories 2016-2021 ($ millions)
    • Global power rental accessories market by fuel accessories
      • Table Global power rental accessories market by fuel accessories 2016-2021 ($ millions)
  • Geographical segmentation
    • Global power rental accessories market by geographical segmentation 2016-2021
      • Table Global power rental accessories market by geographic segmentation 2016 and 2021 (%)
      • Table Global power rental accessories market by geographic segmentation 2016-2021 ($ millions)
    • Power rental accessories market in Americas
      • Table Power rental accessories market in Americas 2016-2021 ($ millions)
    • Power rental accessories market in EMEA
      • Table Power rental accessories market in EMEA 2016-2021 ($ millions)
    • Power rental accessories market in APAC
      • Table Power rental accessories market in APAC 2016-2021 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Global rig count 2014-2016
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table FDI in Southeast Asia 2012-2014 ($ billions)
    • Table Rental generators used across oil and gas sector value chain
    • Table Power rental integrated solution
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Aggreko
      • Table Aggreko: Power rental solutions
      • Table Aggreko: Power rental solution portfolio
      • Table Key news
    • Atlas Copco
      • Table Atlas Copco: Power rental product portfolio
    • Caterpillar
    • Energyst
      • Table Energyst: Power rental solutions
      • Table Energyst: Product portfolio
    • Sunbelt Rentals
      • Table Sunbelt Rentals: Power rental product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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