Transparency Market Res
Power Rental Market for applications in end use - Global
Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2012 – 2019
Published Date
2014-01-28
110 Page Report
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Press Release
power rental market Market is expected to reach USD 8.9 billion in 2019:
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Power Rental Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research "Power Rental
Market for applications (Peak Shaving, Continuous Power and Standby) in End Use (Government
and Utilities, Oil, Gas and Mining, Construction, Industrial, Events) - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2012 - 2019," the global power rental market was
valued at USD 7.28 billion in 2012 and is expected to reach 20.64 billion in 2019, growing at a
CAGR of 16.2% from 2013 to 2019.
Browse the full Power Rental Market Report with TOC at
http://www.transparencymarketresearch.com/power-rental-market.html
Growing energy demand and increased grid instability is one of the key factors attributed to
power rental market growth. Furthermore, increasing alternating power spikes coupled with rising
number of planned and unplanned events are expected to augment market growth. Rising
awareness amongst energy intensive industries to curtail growing energy demand during peak
hours is likely to bolster the product demand. Key challenges faced by the market participants
include stringent environmental regulations against diesel power generators, which are expected
to curb market growth. However, development of evolutionary power rental systems is hopeful to
overcome the challenge. Growing demand arising in off grid regions is expected to generate new
opportunities for the...