Global Power Rental Accessories Market 2018-2022
About Power Rental Accessories
Rental power is used to address peak load demand or base load supply. It is also used as a standby in various industries. Rental power is inexpensive compared with the maintenance of a rental plant.
Technavio’s analysts forecast the global power rental accessories market to grow at a CAGR of 3.22% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global power rental accessories market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of power rental accessories in different product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Power Rental Accessories Market 2018-2022
Technavio recognizes the following companies as the key players in the global power rental accessories market: Aggreko, Atlas Copco, Caterpillar, HIMOINSA, Northbridge Industrial Services, PT Sumberdaya Sewatama.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the transition to gas generators. Gas generators are also cleaner than diesel generators as they do not pollute air or residuals such as ash or soot. Therefore, this has led to the increase in gas generator which led to increase in power rental accessories market.
According to the report, one of the major drivers for this market is the use of infrastructural activities. The development of infrastructure in several countries will drive the market growth during our forecast period.
Further, the report states that one of the major factors hindering the growth of this market is the availability of off- grid systems. The diesel generators are commonly used as an alternate source of power in the oil and gas industry which lead to adoption of off- grid power systems is increasing.
Northbridge Industrial Services
PT Sumberdaya Sewatama
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