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The Power Rental Market size was valued at USD 11.00 Billion in 2023. It is estimated to reach USD 19.28 Billion by 2032, growing at a CAGR of 6.45% during 2024-2032.
The power rental market is quickly expanding due to the rising worldwide need for dependable and adaptable power options. Development of infrastructure, fast urbanization, frequent power failures, and the necessity for uninterrupted power supply in different sectors are driving the growth of this market. The demand for temporary power during construction projects, industrial operations, and major events is a significant factor in driving the power rental market. Construction sites, especially in developing areas, frequently need provisional electricity services throughout various project phases. In 2023, substantial funding was allocated by the U.S. government for power solutions at construction sites, focusing on sustainability and efficiency. The Infrastructure Investment and Jobs Act (IIJA) dedicated around USD 1.2 trillion, with a focus on improving energy efficiency and incorporating renewable energy solutions in construction projects. Approximately USD 100 million was allocated to fund renewable energy projects, including the installation of solar power and battery storage systems. The government also implemented tax incentives and rewards for electric construction machinery, estimated to help construction businesses save around USD 500 million in total through lower fuel expenses.
In addition to industrial applications, power rentals are essential for the successful operation of major events like concerts, sports events, and exhibitions. Event planners depend on renting electricity to fulfill the significant energy needs necessary to operate sound equipment, lighting, and other vital amenities. The efficiency and reliability of power rental services are being improved through technological advancements, like the incorporation of smart meters and energy management systems. For example, in 2023, around 90% of American homes installed smart meters, a substantial rise from about 65% in 2018. This year, utility companies have spent more than USD 4 billion on smart meter infrastructure to boost grid reliability and enhance customer experience. These technologies enable businesses to monitor and optimize power usage in real time, leading to cost reduction and decreased downtime. The power rental market is anticipated to keep growing due to the increased need for energy-efficient and low-emission options, providing dependable and sustainable power solutions to various industries and applications.
MARKET DYNAMICS:
Drivers
Ensuring consistent supply for various industries during power outages and climate issues.
Many industries, such as manufacturing, healthcare, telecommunications, and events, require a continuous supply of electricity. Moreover, power outages, planned or unplanned, may cost these industries massive financial losses. The power rental assures that the customers receive supply through temporary generators and related equipment which can be provided within an hour. Therefore, such service may experience high demand as a reliable alternative to outages given the industries require constant power supply to perform efficiently. Another factor that may lead to the development of the market is the expansion of industries in remote areas or relying on outdated grid infrastructure. For example, such sectors as construction in developing regions may service form rental power for temporally accommodation before the permanent structure is built. Furthermore, the dependence and need for backup generators grow as the frequency and damage from natural disasters in the form of extreme weather changes intensify due to climate change.
The increasing need for rental power solutions in the global construction industry.
The increasing expansion of the construction sector worldwide is fueling the need for power rental services. Construction sites frequently do not have reliable access to grid power, particularly in distant or newly established regions. During different stages of construction projects, temporary power solutions are crucial for powering tools, machinery, lighting, and other operational needs. Infrastructure projects like building roads, exploring for oil and gas, and mining operations all heavily depend on power rental services. These projects usually need power solutions that are scalable and mobile, able to adjust to changing site conditions and operational needs. The power rental industry takes advantage of these chances by providing adaptable rental agreements, technical assistance on-site, and maintenance services for equipment, focusing mainly on the construction and infrastructure industries.
Restraints
Emergence of sustainable energy sources and customer choices.
The power rental market is encountering numerous challenges due to competition from interchangeable power alternatives, such as grid electricity, renewables, as well as energy storage. The advancing technological advancements in renewables and the decreasing costs of solar, wind, and battery technologies are attracting consumers toward more sustainable and decentralized energy solutions. At the same time, consumers’ preferences while using power generation alternatives are changing, as they increasingly prioritize efficient energy, eco-friendly characteristics, as well as long-term costs associated. These changes are challenging the leading positions of diesel generators in the power rental market. Various rental companies can respond by diversifying their core business providing hybrid power solutions, offering a wider range of energy management services, and integrating renewables into their service packages. However, a possible influencing factor is the government’s promotion of renewables and the creation of more renewable incentives, which directly pose significant competitive pressure on diesel generators.
By Power Rating
The above 750 kVA segment held 36% market share in 2023 and dominated the market because it is extensively used in industries with high power needs like oil & gas, mining, and large construction projects. This section provides significant power solutions specifically designed to meet the essential needs of critical infrastructure, proving to be essential for peak loads, emergencies, or scheduled maintenance in these sectors. Aggreko and Caterpillar are among the companies that offer rental solutions for heavy-duty tasks such as offshore drilling and large industrial plants.
The 75-375 kVA segment is accounted to experience a rapid CAGR during 2024-2032 because it is used in various industries such as construction, events, and utilities. These power rental options are commonly utilized for temporary power requirements in medium-sized projects or areas with inconsistent electricity supply. United Rentals and Atlas Copco offer power solutions in this sector, commonly utilized in construction sites, small events, or as a backup for essential services in hospitals or data centers.
By Fuel Type
The diesel sector had a major market share of 50% in 2023, leading the market, because of its wide availability, effectiveness, and dependability. Diesel generators are preferred for their capability to offer continuous power for long durations, making them suitable for industrial, construction, and emergency backup uses. Caterpillar and Generac have effectively utilized diesel generators in significant ventures, like construction sites and mining operations, where uninterrupted power is crucial.
The gas segment is to grow rapidly during 2024-2032, due to rising environmental consciousness and the move to cleaner energy sources. Gas generators produce less harmful emissions than diesel generators, making them a more environmentally friendly choice for businesses looking to decrease their carbon footprint. For example, Aggreko is increasing its gas-powered rental options to keep up with the growing need for more environmentally friendly energy sources.
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By Application
The continuous load segment dominated in 2023 with more than 41% market share because of its steady demand from different industries. This part is crucial for activities that need a consistent power source, like building, mining, and big gatherings. Continuous Load applications frequently require generators to run for long periods, guaranteeing a continuous energy supply. For example, Aggreko provides electricity to isolated construction sites with limited access to a reliable power grid, allowing work to continue without any disruptions.
The peak load segment is expected to have the fastest CAGR during 2024-2032, as it helps to control sudden increases in energy demand. Industries frequently face changes in power needs, requiring extra assistance during peak demand times. This part provides the ability for businesses to easily increase their energy supply without making long-term commitments, giving them flexibility and scalability. For instance, Cummins provides temporary power solutions for occasions such as concerts or festivals, where there can be sudden spikes in electricity usage.
North America led the market in 2023 with a 38% market share, supported by its strong infrastructure growth and rising need for temporary power solutions in different industries. Caterpillar Inc. and United Rentals are key players in the market, providing a variety of generators and rental equipment customized to meet particular customer requirements. The area's robust regulations and technological progress in rental options improve its market standing, making it a top pick for industries in need of dependable power solutions for emergencies or scheduled downtime.
Asia-Pacific region is going to be the fastest-growing market during the forecast period 2024-2032, due to fast urbanization, industrialization, and infrastructural projects in countries such as India, China, and Australia. The rising occurrence of natural calamities has also increased the need for temporary power options, resulting in a spike in rental services. Aggreko and Himoinsa are growing their presence in this area by offering creative and eco-friendly power solutions for a variety of purposes, ranging from building sites to big events.
The key players in the Power Rental market are:
Aggreko (Diesel Generators, Gas Generators)
Caterpillar Inc. (Diesel Generator Sets, Mobile Power Modules)
Cummins Inc. (Mobile Generator Sets, Power Command System)
United Rentals, Inc. (Diesel Generators, Load Banks)
Herc Holdings Inc. (Mobile Power Generators, Portable Light Towers)
APR Energy (Mobile Gas Turbines, Fast Power Solutions)
Atlas Copco AB (QAC Mobile Generators, QES Portable Generators)
Ashtead Group plc (Mobile Power Generators, Standby Generators)
Generac Power Systems (Mobile Generators, Natural Gas Generators)
JCB Power Products (Diesel Generators, Rental Generators)
Wartsila Corporation (Mobile Gas Power Plants, Containerized Gas Generators)
Kohler Co. (Mobile Diesel Generators, Gas-Powered Generators)
Speedy Hire Plc (Temporary Power Generators, Portable Power Units)
Altaaqa Global (Temporary Power Plants, Hybrid Energy Solutions)
Himoinsa (Rental Generators, Hybrid Power Solutions)
Trinity Power Rentals (Temporary Power Systems, Load Banks)
Pramac (Mobile Diesel Generators, Portable Generators)
Generac Mobile Products (Mobile Light Towers, Mobile Power Generators)
Energy International (Portable Power Plants, Temporary Diesel Generators)
Bredenoord (Battery Hybrid Generators, Temporary Power Installations)
In August 2024, Aggreko introduced its newest mobile battery storage units, aiming to offer improved and more environmentally friendly power options. These systems aim to decrease fuel usage and carbon footprint, in line with increasing environmental regulations.
In February 2024, Caterpillar introduced a new series of generator sets designed for rental use, featuring improved fuel efficiency and reduced emissions to meet the growing need for environmentally-friendly rental power.
In March 2023, Atlas Copco launched modular power systems created specifically for big construction and industrial projects. These systems provide versatility and can be customized for different purposes such as backup, peak shaving, and continuous power.
In early 2023, Kohler introduced eco-friendly generators specifically designed for the increasing need for temporary power supply in the events and construction industries. These generators meet strict emission standards while delivering powerful output.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 11.00 Billion |
Market Size by 2032 | USD 19.28 Billion |
CAGR | CAGR of 6.45% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Power Rating (Below 75 kVA, 75-375 kVA, 375-750 kVA, above 750 KVA) • By Fuel Type (Diesel, Gas, Others) • By Application (Continuous Load, Standby Load, Peak Load) • By End User (Mining, Construction, Utility, Events, Manufacturing, Oil & Gas, and Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Aggreko, Caterpillar Inc., Cummins Inc., United Rentals, Inc., Herc Holdings Inc., APR Energy, Atlas Copco AB, Ashtead Group plc, Generac Power Systems, JCB Power Products, Wartsila Corporation, Kohler Co., Speedy Hire Plc, Altaaqa Global, Himoinsa, Trinity Power Rentals, Pramac, Generac Mobile Products, Energy International, Bredenoord |
Key Drivers | • Ensuring consistent supply for various industries during power outages and climate issues. • The increasing need for rental power solutions in the global construction industry. |
RESTRAINTS | • Emergence of sustainable energy sources and customer choices. |
Ans: The Power Rental Market is expected to grow at a CAGR of 6.45% during 2024-2032.
Ans: Power Rental Market size was USD 11.00 billion in 2023 and is expected to Reach USD 19.28 billion by 2032.
Ans: Increasing demand for uninterrupted power supply is the major growth factor of the Power Rental Market.
Ans: The Diesel segment dominated the Power Rental Market in 2023.
Ans: North America dominated the Power Rental Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Power Rental Utilization Rate (2023)
5.2 Power Rental Duration Trends
5.3 Power Rental Sustainability Metrics (2023)
5.4 Supply Chain Metrics
5.5 Maintenance and Downtime Metrics
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Power Rental Market Segmentation, by Power Rating
7.1 Chapter Overview
7.2 Below 75 kVA
7.2.1 Below 75 kVA Market Trends Analysis (2020-2032)
7.2.2 Below 75 kVA Market Size Estimates and Forecasts to 2032 (USD Million)
7.3 75-375 kVA
7.3.1 75-375 kVA Market Trends Analysis (2020-2032)
7.3.2 75-375 kVA Market Size Estimates and Forecasts to 2032 (USD Million)
7.4 375-750 kVA
7.4.1 375-750 kVA Market Trends Analysis (2020-2032)
7.4.2 375-750 kVA Market Size Estimates and Forecasts to 2032 (USD Million)
7.5 Above 750 kVA
7.5.1 Above 750 kVA Market Trends Analysis (2020-2032)
7.5.2 Above 750 kVA Market Size Estimates and Forecasts to 2032 (USD Million)
8. Power Rental Market Segmentation, by Fuel Type
8.1 Chapter Overview
8.2 Diesel
8.2.1 Diesel Market Trends Analysis (2020-2032)
8.2.2 Diesel Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Gas
8.3.1 Gas Market Trends Analysis (2020-2032)
8.3.2 Gas Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 Others
8.4.1 Others Market Trends Analysis (2020-2032)
8.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
9. Power Rental Market Segmentation, by Application
9.1 Chapter Overview
9.2 Continuous Load
9.2.1 Continuous Load Market Trends Analysis (2020-2032)
9.2.2 Continuous Load Market Size Estimates and Forecasts to 2032 (USD Million)
9.3 Standby Load
9.3.1 Standby Load Market Trends Analysis (2020-2032)
9.3.2 Standby Load Market Size Estimates and Forecasts to 2032 (USD Million)
9.4 Peak Load
9.4.1 Peak Load Market Trends Analysis (2020-2032)
9.4.2 Peak Load Market Size Estimates and Forecasts to 2032 (USD Million)
10. Power Rental Market Segmentation, by End User
10.1 Chapter Overview
10.2 Mining
10.2.1 Mining Market Trends Analysis (2020-2032)
10.2.2 Mining Market Size Estimates and Forecasts to 2032 (USD Million)
10.3 Construction
10.3.1 Construction Market Trends Analysis (2020-2032)
10.3.2 Construction Market Size Estimates and Forecasts to 2032 (USD Million)
10.4 Manufacturing
10.4.1 Manufacturing Market Trends Analysis (2020-2032)
10.4.2 Manufacturing Market Size Estimates and Forecasts to 2032 (USD Million)
10.5 Utility
10.5.1 Utility Market Trends Analysis (2020-2032)
10.5.2 Utility Market Size Estimates and Forecasts to 2032 (USD Million)
10.6 Events
10.6.1 Events Market Trends Analysis (2020-2032)
10.6.2 Events Market Size Estimates and Forecasts to 2032 (USD Million)
10.7 Oil & Gas
10.7.1 Oil & Gas Market Trends Analysis (2020-2032)
10.7.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Million)
10.8 Others
10.8.1 Others Market Trends Analysis (2020-2032)
10.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
11. Regional Analysis
11.1 Chapter Overview
11.2 North America
11.2.1 Trends Analysis
11.2.2 North America Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.2.3 North America Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.2.4 North America Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.2.5 North America Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.2.6 North America Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.2.7 USA
11.2.7.1 USA Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.2.7.2 USA Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.2.7.3 USA Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.2.7.4 USA Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.2.8 Canada
11.2.8.1 Canada Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.2.8.2 Canada Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.2.8.3 Canada Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.2.8.4 Canada Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.2.9 Mexico
11.2.9.1 Mexico Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.2.9.2 Mexico Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.2.9.3 Mexico Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.2.9.4 Mexico Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Trends Analysis
11.3.1.2 Eastern Europe Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.3.1.3 Eastern Europe Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.1.4 Eastern Europe Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.1.5 Eastern Europe Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.1.6 Eastern Europe Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.1.7 Poland
11.3.1.7.1 Poland Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.1.7.2 Poland Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.1.7.3 Poland Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.1.7.4 Poland Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.1.8 Romania
11.3.1.8.1 Romania Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.1.8.2 Romania Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.1.8.3 Romania Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.1.8.4 Romania Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.1.9 Hungary
11.3.1.9.1 Hungary Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.1.9.2 Hungary Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.1.9.3 Hungary Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.1.9.4 Hungary Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.1.10 Turkey
11.3.1.10.1 Turkey Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.1.10.2 Turkey Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.1.10.3 Turkey Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.1.10.4 Turkey Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.1.11 Rest of Eastern Europe
11.3.1.11.1 Rest of Eastern Europe Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.1.11.2 Rest of Eastern Europe Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.1.11.3 Rest of Eastern Europe Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.1.11.4 Rest of Eastern Europe Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2 Western Europe
11.3.2.1 Trends Analysis
11.3.2.2 Western Europe Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.3.2.3 Western Europe Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.4 Western Europe Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.5 Western Europe Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.6 Western Europe Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.7 Germany
11.3.2.7.1 Germany Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.7.2 Germany Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.7.3 Germany Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.7.4 Germany Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.8 France
11.3.2.8.1 France Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.8.2 France Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.8.3 France Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.8.4 France Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.9 UK
11.3.2.9.1 UK Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.9.2 UK Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.9.3 UK Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.9.4 UK Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.10 Italy
11.3.2.10.1 Italy Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.10.2 Italy Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.10.3 Italy Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.10.4 Italy Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.11 Spain
11.3.2.11.1 Spain Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.11.2 Spain Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.11.3 Spain Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.11.4 Spain Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.12 Netherlands
11.3.2.12.1 Netherlands Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.12.2 Netherlands Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.12.3 Netherlands Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.12.4 Netherlands Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.13 Switzerland
11.3.2.13.1 Switzerland Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.13.2 Switzerland Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.13.3 Switzerland Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.13.4 Switzerland Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.14 Austria
11.3.2.14.1 Austria Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.14.2 Austria Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.14.3 Austria Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.14.4 Austria Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.3.2.15 Rest of Western Europe
11.3.2.15.1 Rest of Western Europe Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.3.2.15.2 Rest of Western Europe Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.3.2.15.3 Rest of Western Europe Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.3.2.15.4 Rest of Western Europe Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4 Asia-Pacific
11.4.1 Trends Analysis
11.4.2 Asia-Pacific Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.4.3 Asia-Pacific Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.4 Asia-Pacific Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.5 Asia-Pacific Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.6 Asia-Pacific Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.7 China
11.4.7.1 China Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.7.2 China Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.7.3 China Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.7.4 China Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.8 India
11.4.8.1 India Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.8.2 India Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.8.3 India Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.8.4 India Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.9 Japan
11.4.9.1 Japan Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.9.2 Japan Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.9.3 Japan Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.9.4 Japan Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.10 South Korea
11.4.10.1 South Korea Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.10.2 South Korea Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.10.3 South Korea Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.10.4 South Korea Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.11 Vietnam
11.4.11.1 Vietnam Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.11.2 Vietnam Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.11.3 Vietnam Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.11.4 Vietnam Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.12 Singapore
11.4.12.1 Singapore Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.12.2 Singapore Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.12.3 Singapore Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.12.4 Singapore Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.13 Australia
11.4.13.1 Australia Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.13.2 Australia Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.13.3 Australia Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.13.4 Australia Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.4.14 Rest of Asia-Pacific
11.4.14.1 Rest of Asia-Pacific Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.4.14.2 Rest of Asia-Pacific Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.4.14.3 Rest of Asia-Pacific Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.4.14.4 Rest of Asia-Pacific Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5 Middle East and Africa
11.5.1 Middle East
11.5.1.1 Trends Analysis
11.5.1.2 Middle East Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.5.1.3 Middle East Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.1.4 Middle East Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.1.5 Middle East Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.1.6 Middle East Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.1.7 UAE
11.5.1.7.1 UAE Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.1.7.2 UAE Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.1.7.3 UAE Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.1.7.4 UAE Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.1.8 Egypt
11.5.1.8.1 Egypt Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.1.8.2 Egypt Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.1.8.3 Egypt Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.1.8.4 Egypt Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.1.9 Saudi Arabia
11.5.1.9.1 Saudi Arabia Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.1.9.2 Saudi Arabia Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.1.9.3 Saudi Arabia Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.1.9.4 Saudi Arabia Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.1.10 Qatar
11.5.1.10.1 Qatar Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.1.10.2 Qatar Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.1.10.3 Qatar Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.1.10.4 Qatar Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.1.11 Rest of Middle East
11.5.1.11.1 Rest of Middle East Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.1.11.2 Rest of Middle East Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.1.11.3 Rest of Middle East Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.1.11.4 Rest of Middle East Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.2 Africa
11.5.2.1 Trends Analysis
11.5.2.2 Africa Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.5.2.3 Africa Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.2.4 Africa Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.2.5 Africa Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.2.6 Africa Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.2.7 South Africa
11.5.2.7.1 South Africa Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.2.7.2 South Africa Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.2.7.3 South Africa Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.2.7.4 South Africa Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.2.8 Nigeria
11.5.2.8.1 Nigeria Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.2.8.2 Nigeria Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.2.8.3 Nigeria Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.2.8.4 Nigeria Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.5.2.9 Rest of Africa
11.5.2.9.1 Rest of Africa Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.5.2.9.2 Rest of Africa Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.5.2.9.3 Rest of Africa Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.5.2.9.4 Rest of Africa Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.6 Latin America
11.6.1 Trends Analysis
11.6.2 Latin America Power Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
11.6.3 Latin America Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.6.4 Latin America Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.6.5 Latin America Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.6.6 Latin America Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.6.7 Brazil
11.6.7.1 Brazil Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.6.7.2 Brazil Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.6.7.3 Brazil Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.6.7.4 Brazil Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.6.8 Argentina
11.6.8.1 Argentina Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.6.8.2 Argentina Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.6.8.3 Argentina Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.6.8.4 Argentina Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.6.9 Colombia
11.6.9.1 Colombia Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.6.9.2 Colombia Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.6.9.3 Colombia Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.6.9.4 Colombia Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
11.6.10 Rest of Latin America
11.6.10.1 Rest of Latin America Power Rental Market Estimates and Forecasts, by Power Rating (2020-2032) (USD Million)
11.6.10.2 Rest of Latin America Power Rental Market Estimates and Forecasts, by Fuel Type (2020-2032) (USD Million)
11.6.10.3 Rest of Latin America Power Rental Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
11.6.10.4 Rest of Latin America Power Rental Market Estimates and Forecasts, by End User (2020-2032) (USD Million)
12. Company Profiles
12.1 Aggreko
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Others Offered
12.1.4 SWOT Analysis
12.2 Caterpillar Inc.
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Others Offered
12.2.4 SWOT Analysis
12.3 Cummins Inc.
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Others Offered
12.3.4 SWOT Analysis
12.4 United Rentals, Inc.
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Others Offered
12.4.4 SWOT Analysis
12.5 Herc Holdings Inc.
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Others Offered
12.5.4 SWOT Analysis
12.6 APR Energy
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Others Offered
12.6.4 SWOT Analysis
12.7 Atlas Copco AB
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Others Offered
12.7.4 SWOT Analysis
12.8 Ashtead Group plc
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Others Offered
12.8.4 SWOT Analysis
12.9 Generac Power Systems
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Others Offered
12.9.4 SWOT Analysis
12.10 JCB Power Products
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Others Offered
12.10.4 SWOT Analysis
13. Use Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
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