Power rental market poised to surge from usd 10.02 billion in 2014 to usd 20.30 billion, globally by 2020 – zionmarketresearch. com

Sarasota, FL, Aug. 5 gases 18, 2016 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “ Power Rental Market by End-User (Oil & Gas, Industrial, Construction and Others) For Peak Shaving, Base Load/ Continuous Power and Standby Power Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. Electricity through wood According to the report, The global power rental market was valued at approximately USD 10.02 billion in 2014 and is expected to reach approximately USD 20.30 billion by 2020, growing at a CAGR of over 13.0% between 2015 and 2020.

Power is generated by burning fossil fuels such coal, oil or gas to generate steam that drives large turbines that produce electricity. Electricity sound effect Power rental is referred as plant hire which provide flexibility, reliability, speed and cost-effectiveness. Gas bloating pain Power on rent can deliver complete operating power packages as well as provide scalable components within large power station installations to various industrial applications.

Browse 41 Market Tables and 21 Figures spread through 80 Pages and an in-depth TOC on “Power Rental Market – Global Size, Shares, Trends, Segment & Forecast to 2020”

The global power rental market is expected to witness significant growth over the forecast period on account of increasing demand for power across the globe. Gas hydrates The increasing power consumption, development of power infrastructure, and increasing construction & development is anticipated to boost the demand for power rental in the coming years. R gas constant kj Furthermore, increasing demand for power from oil & gas industry is also a major driving force of the power rental market. Electricity clipart However, the presence of stringent regulations coupled with rising environmental awareness may hamper the market growth in the near future. Ortega y gasset la rebelion de las masas Nonetheless, increasing demand for power in emerging economics is expected to open up new growth avenues for the power rental market in the years to come.

Oil & gas, industrial, construction, and others are the key end-users of the power rental market. Gasbuddy map Industrial segment emerged as the leading application segment by accounting for over 22 % of the total revenue generated by the power rental market in 2014. Electricity facts label Construction is another key outlet of power rental market and it held over 20% share of the overall market in 2014. Gas vs electric heat This is mainly due to grow infrastructural development in the emerging economics. 76 gas credit card login Oil & gas is also expected to exhibit substantial demand within the forecast period.

Based on application, the power rental market can be segmented into peak shaving, base load/continuous power and standby power. Kite electricity generation Base load/continuous accounted for 45.56% share of total revenue generated in 2014. Electricity in water experiment Base load/continuous segment are expected to exhibit a significant rise in light of the increasing demand from various sectors such as oil & gas, mining and construction and others. Gas pain in chest Peak shaving is another leading application segment owing to rising awareness among energy-intensive industries in order to control the charged over high energy demand during peak hours.

In terms of revenue, Middle East & Africa held the largest share of the power rental market and is set to continue to dominate the world marketplace within the forecast period. Hp gas online payment This growth is mainly attributed to the growing construction and developmental activities in this region. The continuous power producers’ inability to meet the power demand especially during extremely hot weather conditions are expected to open up new growth opportunities for the Middle East and Africa power rental market.

Middle East & Africa region was followed by North America in terms of revenue in 2014. Grade 6 electricity unit plan North America accounted for over 21% share of total market in 2014 and is expected to exhibit significant growth within the forecast period. C gastronomie plateaux repas This is mainly due to increasing demand of power, aging infrastructure, and need of constant power, demand coming from the oil-and-gas market, recovering economy and infrastructure projects.

Asia Pacific is another leading regional market and is expected to witness significant growth in near future. F gas regulations r22 The need for temporary power supply across the emerging economics especially in China and India is increasing due to high demand from construction and oil & gas industry. Electricity and magnetism equations Thus, the growing demand for power rental from various industries in turn is expected to fuel the growth of power rental market.

Latin America is estimated to witness significant growth in the forecast period. K electric jobs test Some of the key industries in the Latin America are located in the remote areas which have poor technological power infrastructure and low power production. Zyklon b gas canister for sale This shortage of electricity drives the need for power rental in this region.

Some of the key players include in power rental market such as Atlas Copco, United Rental, Cummins Inc, APR Energy Inc, Caterpillar Inc and Power Electrics.

Zion Market Research is a market intelligence company providing global business information reports and services. Specjalizacja z gastroenterologii Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Bp gas prices chicago Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. K electric bill statement Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each Zion Market Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. Electricity laws in pakistan These reports provide in-depth analysis and deep segmentation to possible micro levels. Gas in back and chest With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.