"The Report Power Rental
Market in Americas 2017-2021 provides information on pricing, market
analysis, shares, forecast, and company profiles for key industry
participants. - MarketResearchReports.biz"
A new research study on the market
for power rentals in the Americas has recently been added to the
repository of MarketResearchReports.biz. The market report, titled
“Power
Rental Market
in Americas 2017–2021,” offers an all-inclusive assessment of
this market, emphasizing especially on the key trends, driving
forces, restraining factors, growth prospects, and the market’s
potential.
As per this research report, the
market for power rentals in the Americas has been witnessing a
substantial rise in its size as well as its valuation, thanks to the
rise need for power backup, boosted by the shrinking energy
resources. The overdependence on hydropower is also driving this
market significantly. Due to the constant growth in the population
and the swift rise in the industrialization, the governments are
compelled to use rental power, as the investments in the power sector
are not in pace for meeting the power requirement, which, in turn, is
likely to fuel this market in the years to come, propelling it to
rise at a CAGR of 3.40% between 2017 and 2021, states the report.
In this research study, the
Americas market for power rentals has been examine on the basis of
the product and the end user. Based on the product, the market has
been classified into diesel generators and gas generators. Among
these two, the demand for diesel generators is higher than gas
generators. Thanks to the augmenting usage of rental backup diesel
generators in countries with a well-established power network, such
as Canada and the U.S., this segment is anticipated to remain on the
top over the forecast period, notes the research study.
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report :
By end user, the report has
categorized the market for power rentals in the Americas into the
utilities, industries, and the oil and gas sectors. The utilities
sector has emerged as the leading consumer of power rentals in this
region. With the ever-increasing need for power, fueled by the rise
in the population base and the rapid urbanization and
industrialization, researchers expect this segment to retain its
dominance over this market in the years to come, notes the study.
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http://www.marketresearchreports.biz/pressrelease/4597
The report also provides an
exhaustive assessment of the competitive landscape of the Americas
power rental market. According to it, this market is extremely
fragmented due to the presence of a number of local and multinational
players. Aggreko, APR Energy, Energyst, Atlas Copco, and United
Rentals are the leading players in this regional market. Other
prominent market participants mentioned in this research report are
Cummins, Generac Power Systems, Doosan Portable Power, Herc Rentals,
JCB, HIMOINSA, Kohler, Sunbelt Rentals, Multiquip, and Wacker Neuson.
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