The global power rental market and its key applications are studied in depth in a recent research report announced by Transparency Market Research. The report is titled “Power Rental Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2019”. The report regards high population growth and a mounting demand for electricity in emerging economies as the two chief factors driving the global power rental market.The report states that the marketplace for power rentals is a globally established market. It had a net worth of US$7.28 billion in 2012 and is expected to rise to US$20.64 billion by 2019, growing at an exemplary CAGR of 16.2% between 2013 and 2019.

Browse the full Power Rental Market report at http://www.transparencymarketresearch.com/power-rental-market.html

Other than mounting energy demands, the factors of increased grid instability and power spikes are the other chief factors leading to an increased demand for reliable power rental setups across the globe, especially from the industrialized sector. Rising awareness about curtailing energy consumption during peak hours particularly in energy-intensive industries is another key factor driving the global power rental market. The global market for power rentals is also expected to significantly benefit from increased demand from off-grid regions.However, the market’s growth is also somewhat restrained due to tightening regional regulations governing the usage of diesel power generators due to their ill effects on the environment. This issue can be overcome by the development of advanced power rental systems, which presents a lucrative opportunity for market players.

Of the various applications of the global power rental market analyzed in the report, the market segment of continuous power held the majority market share in 2012, followed by peak shaving and standby applications. The market for peak shaving is expected to increase at a CAGR of 16.8% over the report’s forecast.From a geographical standpoint, the regional markets of the Middle East and Africa (MEA) led the market by collectively accounting for more than 31% of the overall market in 2012. Demand for power rentals in Asia Pacific followed MEA in the same year, accounting for over 19% of the market. While the Asia Pacific power rental market is expected to rise at a CAGR of 16.8% over the report’s forecast, the power rental market in the MEA region is projected to rise to US$6.87 billion by 2019.

Browse the full Power Rental Market Press Release report at
http://www.transparencymarketresearch.com/pressrelease/power-rental-market.htm

The report presents a detailed financial profile of some of the key vendors operating in the global market for power rental systems. These include Rental Power Solutions, Rental Solutions & Services (RSS), Perennial Technologies Private Ltd, Speedy Hire Plc, Worldwide Power Products LLC, Power Electrics (Bristol) LIMITED, United Rentals, Atlas Copco AB, APR Energy, Aggreko PLC, Ashtead Group, PLC., Kohler. Co., Cummins, Inc., Energy International Inc, (IE), and Hertz Corporation.

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