Temporary Power Generation and Power Rental Market Scope
Increasing remote location's power required to meet power demands and highly skilled technical team and support staff. Moreover, decreasing the cost of power generation and increasing investment and technological advancement in the oil and gas sector can create an opportunity for the market. A huge fleet of diesel generators, gas generators, transformers, and other power rental equipment are the factors expected to drive the market during the forecast period.
The Temporary Power Generation and Power Rental market study is segmented by Type (Diesel and Gas & HFO & Petrol), by Application (Industrial, Commercial and Others) and major geographies with country level break-up.
Global Temporary Power Generation and Power Rental is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Power Electrics (United Kingdom), Speedy Hire (United States), United Rentals (United States), Cummins Inc. (United States), Hertz Corporation (United States), Kohler (United States), Ashtead Group Plc (United Kingdom), Caterpillar Inc. (United States), Aggreko PLC (United Kingdom) and APR Energy Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Temporary Power Generation and Power Rental market by Type, Application and Region.
On the basis of geography, the market of Temporary Power Generation and Power Rental has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
There is various emission standard development government to reduce air pollution such as the Canadian Environmental Protection Act, Environmental Protection Agency (EPA), EU Regulation No 443/2009, and many others. The regulation and standards for the emission have been limiting the market.
Market Trend
- Increasing Demand for Power Generators from the Manufacturing Sector
Market Drivers
- Increasing Demand for Reliable and Continuous Power
- Lack of Electricity Supply
Opportunities
- Rise in the Construction and Infrastructural Activities
Restraints
- Volatile Raw Material Prices
- High Transmission, and Distribution Cost
Challenges
- Stringent Emission Regulations from many Regional Governments
Key Target Audience
Temporary Power Generation and Power Rental Manufacturers, Temporary Power Generation and Power Rental Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others