About Power Generator Rental
Power Generator Rental is a popular concept for the event which is organized across different parts of the world. The concept of Power Generator Rental is generally preferred in an area with low grid and low power supply mostly island areas. Power Generator Rental is widely used in mining, dewatering system, construction, and telecom, etc. Geographically the Asia Pacific is the leading region in terms of production and consumption. The demand for Power Generator Rental is growing at a rapid speed across the global
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cummis (United States), Caterpillar (United States), Kirloskar (India), Honda (Japan), Ashok Leyland (India), Atlascopco (Sweden), United rental (United States), Ashtead group (United Kingdom), Herc rental (United States), Bredenoord (Netherlands), Allmand Brothers (United States), Ashtead Group (United Kingdom), Generac Power (United Kingdom), Wacker Neuson (Germany), Perennial group (India), Modern diesel generator (India), SoEnergy (United Kingdom), Aggreko (United Kingdom), HIMOINSA (Spain) and Others are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Power Generator Rental market by Type (Standalone and Trolley), Application (Oil and gas, Construction, Mining, Retail, Large fleet management, BFSI and Others) and Region.
On the basis of geography, the market of Power Generator Rental has been segmented into 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). If we see Market by Sale channel, the sub-segment i.e. Online will boost the Power Generator Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Rating, the sub-segment i.e. 5 KVA to 50KVA will boost the Power Generator Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Annual maintenance contract will boost the Power Generator Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Rental type, the sub-segment i.e. Rental will boost the Power Generator Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging demand of IoT installation across the world for monitoring diesel generator
Market Growth Drivers:
No special maintenance is required and Flexibility in time and need as per require
Challenges:
The original equipment manufacturer is planning to enter the rental and re-rental market and Government Norm change from time to time
Restraints:
Skilled labor is required to operate and The supply chain from OEM to end-user is too long
Opportunities:
Dewater systems in the mining sector have a huge demand and Advanced technology in diesel generator
Market Leaders and their expansionary development strategies
In January 2022, Rentals has acquired power generation rental specialist Temp-Power Inc., The acquisition expands the product portfolio and accelrated the growth of company.
In March 2022, Himoinsa launched EHR Battery Power Generator is a new energy storage and distribution system. Compact, silent and clean, it has been specially designed to be integrated into power generation systems using gas or diesel generators and to connect to the grid or photovoltaic modules. It is equipped with HICORE System, a management technology designed by Himoinsa which allows a more efficient use of energy. This smartgrid controller selects the most favourable energy source for each charging condition, thereby achieving the greenest and most efficient energy solution.
Key Target Audience
Supplier, Manufacturer, Research Organization, End User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.