Power Rental Market in Southeast Asia 2016-2020

Power Rental Market in Southeast Asia 2016-2020

Market overview of the power rental market in Southeast Asia

Technavio’s market research analyst predicts the power rental market in Southeast Asia to grow at a steady CAGR of around 11% by 2020. Rapid economic development and accelerated investments in various industries have increased the power consumption in Southeast Asia. Due to poor T&D and low power production, the utility sector is unable to meet the rising demand for electricity. This has increased the instances of power blackouts, which in turn drives the need for power rental in this region.

The augmented demand for power from the industrial sector is the key driver for the growth of this market. The need for temporary power supply in the industrial sector is increasing due to the supply-demand gap for electricity. Many industries require a constant power supply to achieve optimum operational capacity and avoid financial losses due to outages. This shortage of electricity has forced the government to introduce short-term initiatives like leasing additional power from different islands and using diesel generators for additional capacity.

Competitive landscape and key vendors

The power rental market in Southeast Asia is fragmented due to the presence of numerous small, medium, and large international and regional players. In this market, the vendors that have the capacity to offer generators with capacities ranging from 20 kW to 2,000 kW are expected to gain a competitive edge over their rivals.

Top vendors in this market are -

  • Aggreko
  • APac
  • APR
  • Sewatama
  • Smart Energy Solutions
The other prominent vendors in the market include Ashtead, Atlas Copco, and Kohler.

End-user segmentation of the power rental market in Southeast Asia
  • Utilities
  • Oil and gas sector
  • Construction sector
  • Industrial sector
In this market study, analysts have estimated the utilities segment to account for more than 30% of the total market share by 2020. Much of this segment’s growth can be attributed to the recent increase in power consumption, which results from the introduction of favorable government subsidies. Since this sector lacks the lack adequate infrastructure to generate the required power, it will witness a high adoption of power generators, which in turn will result in this segment’s growth during the forecast period.

Segmentation by product type and analysis of the power rental market in Southeast Asia
  • Diesel generators
  • Gas generators
  • Hybrid generators
The gas generators segment currently accounts for approximately 16% of the total market share and is expected to witness the fastest market growth rate during the forecast period. Gas generators are increasing gaining popularity among the populace as they are more efficient and produce less harmful emissions than non-renewable fuels. Additionally, factors like its low maintenance cost and high efficiency will foster the adoption of gas-powered generators during the forecast period.

Key questions answered in the report include
  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the power rental market in the Southeast Asia?
  • What are the key market trends impacting the growth of the power rental market in the Southeast Asia?
  • 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 vendors in the power rental market in the Southeast Asia?
  • What are the key outcomes of the five forces analysis of the power rental market in the Southeast Asia?
Related reports
  • Global Power Rental Market 2015-2019
  • Power Rental Market in Americas 2015-2019
  • North America Power Rental Market 2015-2019
  • Power Rental Market in the Middle East- Market Research 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Power Rental Market in Southeast Asia 2016-2020
Technavio recognizes the following companies as the key players in the Power Rental Market in Southeast Asia: Aggreko, APac, APR, Sewatama and Smart Energy Solutions
Other Prominent Vendors in the market are: Ashtead, Atlas Copco, and Kohler.
Commenting on the report, an analyst from Technavio’s team said: “The supply-demand gap in power in Southeast Asia has encouraged the governments of various countries in the region to commission new power plants to meet the growing demand. The construction of a power plant takes 3-5 years, depending on its capacity. In addition, delays in power plant completion in this region due to lack of investments will add to the low electrification rate. PLN, the largest electricity producer in Indonesia, expects Bali and Java's electricity reserve margin to drop to 16% in 2016 due to delays in the commissioning of multiple power plants.”
According to the report, the need for temporary power supply across utilities and industrial sectors is increasing due to the supply-demand gap for electricity. Many industries require constant power supply to achieve optimum operational capacity and avoid financial losses due to outages.
Further, the report states that uncertain economic conditions are hindering the market growth.

Companies Mentioned

Aggreko, APac, APR, Sewatama, Smart Energy Solutions, Ashtead, Atlas Copco, Kohler.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Top vendor offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Power rental market in Southeast Asia
    • Market size and forecast
      • Table Power rental market in Southeast Asia 2015-2020 ($ millions)
    • Five forces analysis
  • Market segmentation by product
    • Power rental market in Southeast Asia by product type 2015
      • Table Power rental market in Southeast Asia by product type 2015
    • Power rental market in Southeast Asia by product type 2020
      • Table Power rental market in Southeast Asia by product type 2020
    • Power rental market in Southeast Asia by product type 2015-2020
      • Table Power rental market in Southeast Asia by product type 2015-2020
    • Power rental market in Southeast Asia by Diesel generators
      • Table Power rental market in Southeast Asia by diesel generators 2015-2020 ($ millions)
    • Power rental market in Southeast Asia by gas generators
      • Table Power rental market in Southeast Asia by gas generators 2015-2020 ($ millions)
    • Power rental market in Southeast Asia by hybrid generators
      • Table Power rental market in Southeast Asia by hybrid generators 2015-2020 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Power rental market in Southeast Asia by end-user 2015
      • Table Power rental market in Southeast Asia by end-user 2020
      • Table Power rental market in Southeast Asia by end-user 2015-2020
    • Power rental market in Southeast Asia by utilities
      • Table Power rental market in Southeast Asia by utilities 2015-2020 ($ millions)
    • Power rental market in Southeast Asia by construction
      • Table Power rental market in Southeast Asia by construction sector 2015-2020 ($ millions)
    • Power rental market in Southeast Asia by industrial sector
      • Table Power rental market in Southeast Asia by industrial sector 2015-2020 ($ millions)
    • Power rental market in Southeast Asia by coal, oil, and gas sector
      • Table Power rental market in Southeast Asia by coal, oil, and gas sector 2015-2020 ($ millions)
  • Key leading countries
    • Table Population affected by low electrification rates in Indonesia, Myanmar and the Philippines
  • Market drivers
    • Table Real GDP growth rates of Southeast Asian countries
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Impact of China's declining growth on GDP of Thailand
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Hydropower generation targets in Southeast Asia
    • Table Electrification rates in Southeast Asia
    • Table FDI in Southeast Asian countries ($ billions)
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Aggreko
    • APac Energy
      • Table APac Energy: Product segmentation
    • APR Energy
      • Table APR Energy: Key technologies
      • Table APR Energy: Geographical segmentation by revenue 2014
    • Sewatama
    • Smart Energy Solutions
  • Appendix
    • List of abbreviations
  • Explore Technavio

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