Power rental market report estimates the market in terms of revenue, volume by segmenting into regions such as Asia Pacific, Latin America, and Europe.
The global power rental market is witnessing high growth on account of an increase in the demand for developing economies, lack of grid stability and support, and the tendency to rent instead of buy. A major portion of the demand comes from utilities in the Middle East, Africa, and Asian countries. Poor government planning has resulted in the deficit of electricity supply from permanent power plants. Obsolete power plants are another factor that boosts the demand of temporary power rentals. A good number of permanent power plants will retire in the next five years. All these factors together will drive the power rental market.

Browse through the market data tables, figures and detailed ToC on the “Power Rental Market.”

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Related Reports:

Asia Pacific Power Rental Market:

Asia-Pacific is the third-largest market with a 17.3% share in the global power rental revenue of 2013. The estimated revenue from the power rental market in Asia-Pacific was $1,632 million in 2013. The market is expected to reach $3,668.8 million by 2019; growing at a CAGR of 13.7% from 2014 to 2019.

Latin America Power Rental Market:

Latin America had a 12% market share in the global power rental revenue in 2013. The estimated revenue from the power rental market in Latin America was $1,149.8 million in 2013. The market is expected to reach $2,571.4 million by 2019; growing at a CAGR of 13.6% from 2014 to 2019.

Europe Power Rental Market:

Europe is a major market, with a 15.6% share of the global power rental revenue in 2013. The estimated revenue from the power rental market in Europe was $1,472.7 million in 2013. The market is expected to reach $2,652.5 million by 2019; growing at a CAGR of 9.5% from 2014 to 2019.

Middle East Power Rental Market:

The Middle East had a market share of 19.4% in the global power rental revenue in 2013. The estimated revenue from the power rental market in the Middle East was $1,828.4 million in 2013. The market is expected to reach $4,394.4 million by 2019; growing at a CAGR of 15% from 2014 to 2019.
Africa Power Rental Market:
Africa had a market share of 16.0% in the global power rental revenue in 2013. The estimated revenue from the power rental market in Africa was $1,549.4 million in 2013. The market is expected to reach $3,424.0 million by 2019; growing at a CAGR of 13.3% from 2014 to 2019.

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