Market Highlights: Rental power system is defined as transitory power produced by rental systems for meeting power necessities. They are usually used in industries that are often situated distantly, without any access to permanent electricity and also used in circumstances like grid failure, power blackout, and disaster emergency. Supply side of this market is growing due to new product launches and various application in businesses. And demand side is rising owing to development in the industries such as manufacturing, construction, oil and gas, shipping, utilities and events. The market study is being classified by Type (Generator, Load Banks, Transformer and Others), by Application (Peak Shaving, Continuous Power and Standby Power) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Power Rental Systems are Aggreko (United Kingdom), Caterpillar Inc. (United States), United Rental (United States), Atlas Copco (Sweden), Cummins (United States), Ashtead Group (United Kingdom), SEL (United States), APR Energy (United States), Kohler (United States), HERC (United States) and Generac Power Systems (United States).
Major Market Development Highlights On 14 Feb 2018, Aggreko acquired Contact Electric Rentals, a specified middle and high voltage electrical supplier and transformer rental equipment.
Key Questions Answered in the Report What will the Power Rental Systems Market size and the growth rate be in Future? What are the key factors driving the Power Rental Systems Market? What are the key market trends and macro-economic impacting the growth of the Power Rental Systems Market? What are the challenges to market growth? Who are the key vendors in the Power Rental Systems Market? What are the market opportunities and threats faced by the vendors in the Power Rental Systems Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Power Rental Systems Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Power Rental Systems market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Power Rental Systems market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Utilities, Oil & Gas, Mining, Manufacturing, Construction, Events, Shipping, Data Center, Telecom, Agriculture, Military, Hospital, Research Organizations and Consulting Companies, Organizations, Associations and Alliances Related To Power Rental System, Government Bodies Such As Regulating Authorities and Policy Makers., Industry Associations, Market Research and Consulting Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.