The market is estimated to grow from $1,050.8 million in 2014 to $1,839.2 million by 2019, at a CAGR of 11.8% from 2014 to 2019.

Browse through the TOC of the global industrial – power rental market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

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There has been a consistent growth in industrialization for both the developing and developed countries. Industries are mainly divided into service sector and manufacturing sector. Service sector companies are into the production of intangible goods such as transport services, leasing and rental services and so on. On the other hand Manufacturing companies are into the production of tangible goods such as automobiles, textiles, electronics, and chemicals and so on. The manufacturing industry holds a major stake of the industrial distribution in developed countries.

Manufacturing industries operates through various electric powered equipments. In order to run the equipment efficiently these industries need large amount of uninterrupted power supply. Manufacturing Companies usually have a large amount of fixed cost attached to their costing components and hence companies need to run their manufacturing plants without interruptions to cover their fixed cost. Therefore, power rental services are considered extremely important by these industries, which is one of the reasons to fuel the market growth of power rental market.

Most of the developing countries have power crisis, because the demand for power consumption is much higher than the available power supply. Moreover, countries do not have sufficient transmission facilities to carry power from power plants to the desired locations. This forces manufacturing companies to have their own source of power, which can easily be achieved by using power rental services. This is boosting the growth in the Industrial - power rental market.

The major regions covered in this report are North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific.

This report includes market share, value chain analyses, along with the market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.

Related Reports:

North America Power Rental Market

The North American power rental market is estimated at $1.9 billion in 2014, and is projected to reach $2.6 billion by 2019 at a CAGR of 5.8%. It is segmented on the basis of end-user industries, types, countries, and applications. This market is segmented by three types, namely diesel gensets, gas gensets, and other gensets, which comprise 64.6%, 25.2%, and 10.2% respectively of the market share. The applications of this market are peak load, base load, and standby.

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