Power Rental Systems Market

Power rental, also known as power on hire comes with numerous advantages over the other counterparts. Power rental refers to the facility of temporarily renting power plants or generators for supplying energy to industrial units. It delivers functioning power equipment along with various scalable components, which are installed in power stations. It also offers reliability, flexibility, speed and cost-effectiveness to businesses for coping with brief shortages of power. The power rental services are aimed to stabilize utility power grids and provide additional energy to industries and support communities. Owing to this, it finds extensive application across the construction, mining, and oil & gas industries.
Power Rental Systems Market contains market size and forecasts of Power Rental Systems in Global, including the following market information:
Global Power Rental Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Power Rental Systems market was valued at 18760 million in 2021 and is projected to reach US$ 27030 million by 2028, at a CAGR of 5.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Peak Shaving Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Rental Systems include United Rentals, Ashtead Group, Aggreko, Herc Rentals, Caterpillar, Cummins, Atlas Copco, Kohler Co. and Himoinsa and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Power Rental Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Rental Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Power Rental Systems Market Segment Percentages, by Type, 2021 (%)
Peak Shaving
Continuous Power
Standby Power
Global Power Rental Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Power Rental Systems Market Segment Percentages, by Application, 2021 (%)
Government and Utilities
Oil, Gas and Mining
Construction
Industrial
Events
Others
Global Power Rental Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Power Rental Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Power Rental Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Power Rental Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
United Rentals
Ashtead Group
Aggreko
Herc Rentals
Caterpillar
Cummins
Atlas Copco
Kohler Co.
Himoinsa
Bredenoord