Dublin, January 07, 2021 (GLOBE NEWSWIRE) – “Demand Global Energy Rental Systems Market (Continuous Power, Peak Shape and Standby Power), End User (Government & Facilities, Construction, Event Management, Oil & Gas, Industry etc.), By region, Industry Analysis and Outlook, 2020 – 2026 “added ResearchAndMarkets.com’s offering.
The Global Energy Rental Systems Market is expected to reach $ 32 billion by 2026, rising at a market growth of 8.9% CAGR in the forecast period. Power lease systems are backup systems that have been enabled to a number of industries in the course of a power outage to keep jobs going. Power lease systems are mainly used as a substitute power supplier during low power supply. In addition, these rental systems also provide a peak shear that allows businesses to distribute their electricity evenly in peak and non-peak times. These systems are mostly used in unwanted countries because power consumption is increasing due to the rising population and the increasing use of grid systems.
The growing demand for power-based systems in commercial and industrial applications is a key factor that is likely to drive market growth globally in the coming years. In addition, increased awareness of finite power consumption through non-peak and peak hours is another factor that is expected to support market growth. In addition, growing demand for temporary power supply especially during festivals, fairs and other events may drive the market growth soon. In addition, a growing focus towards reducing peak power consumption to reduce the cost of electricity is the key feature expected to support market growth.
Moreover, these systems are also an unstable power supply in times of unplanned power loss. Applications and schemes by government authorities, such as transmissions, in regions such as Asia Pacific, and North America are likely to increase the demand for DEG systems. Schemes announced by the government aim to test the establishment of these rental systems in the commercial, business and residential applications. These power rental systems can work off-grid as well as fall off the grid on their locations and also the applications. Several advantages of distributed energy generation compared to conventional sources of power generation are likely to boost the market.
The world economy has been hit hard by the launch of the coronavirus novel. The virus was first identified in China in December 2019 and ever since it has become a health threat to the world. According to the World Health Organization (WHO), COVID-19 has affected 140 countries and also the introduction of locksmiths in a few countries this has hindered industrial growth. However, the steady demand for new projects to respond to the crisis as the healthcare sector will certainly have an impact on the market outlook.
Based on Demand, the market is segmented into continuous power, peak shear and backup power. Based on the end user, the market is segmented into Government & Utilities, Construction, Event Management, Oil & Gas, Industry and others. By regions, the market is divided into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Building and Partnerships are the key strategies that follow the market participants. Based on the analysis presented in the Cardinal matrix; Atlas Copco AB, Cummins, Inc., and Caterpillar, Inc. Leading Market in Power Rental Systems. Companies such as Aggreko PLC, Kohler Co., and United Rentals, Inc., Herc Holdings, Inc., and Ashtead Group PLC are some of the leading innovators in the market.
The market research report covers a study of key market stakeholders. Key companies reported in the report include Caterpillar, Inc., Atlas Copco AB, Hertz Global Holdings, Inc., Ashtead Group PLC, Cummins, Inc., United Rentals, Inc., Herc Holdings, Inc. (Herc Rentals, Inc.), Aggreko PLC, AI Faris Group and Kohler Co.
Scope of the Study
Market view:
By Request
- Continuous power
- Haircut
- Standby Power
By end user
- Government & Resources
- Construction
- Event Management
- Ola & Gas
- Business
- Others
By Geography
- North America
- US
- Canada
- Mexico
- The rest of North America
- Europe
- Germany
- RA
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- The rest of LAMEA
Unique publisher contributions
- Complete coverage
- Highest number of market charts and figures
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Key topics covered:
Chapter 1. Scope & Market Approach
1.1 Market definition
1.2 Aims
1.3 Market coverage
1.4 Separation
1.4.1 Global Energy Rental Systems Market, Subject to Demand
1.4.2 Global Power Rental Systems Market, end-user
1.4.3 Global Energy Rental Systems Market, by Geography
1.5 Approach to the research
Chapter 2. Market outlook
2.1 Introduction
2.1.1 Preview
2.1.2 Executive Summary
2.1.3 Market position and position
2.2 Key factors influencing the market
2.2.1 Market drivers
2.2.2 Market barriers
Chapter 3. Competition Analysis – Global
3.1 Cardinal Matrix
3.2 Recent Business Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product launch and product expansion
3.2.3 Geographical Expansion
3.2.4 Acquisitions and Mergers
3.3 Best Winning Strategies
3.3.1 Key Management Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Movement: (Partnerships, Collaborations, and Agreements: 2017, January – 2020, May) Key Players
Chapter 4. Global Energy Rental Systems Market by Demand
4.1 Global Sustained Energy – Market for Energy Rental Systems by area
4.2 Global Impact Energy Rental Systems Market by area
4.3 Global Standby Energy – Market of Energy Rental Systems by area
Chapter 5. Global Energy Rental Systems Market by End Use
5.1 Global Government Energy Rental Systems Market & Facilities by Area
5.2 Global Building Energy Rental Systems Market by area
5.3 Global Rental Energy Management Systems Market Market by region
5.4 Global Oil & Gas Rental Systems Market by Area
5.5 Global Industrial Energy Rental Systems Market by Region
5.6 Other Energy Rental Systems Market by area
Chapter 6. Global Energy Rental Systems Market by Region
6.1 North American Energy Rental Systems Market
6.2 European Energy Rental Systems Market
6.3 Asia Pacific Energy Rental Systems Market
6.4 LAMEA Power Rental Systems Market
Chapter 7. Company Profiles
7.1 Caterpillar, Inc.
7.1.1 Company outlook
7.1.1 Financial Analysis
7.1.2 Regional and Regional Analysis
7.1.3 Research and Development Cost
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations and Agreements:
7.1.4.2 Product Launch and Product Expansion:
7.2 Atlas Copco AB
7.2.1 Company outlook
7.2.2 Financial Analysis
7.2.3 Regional and Regional Analysis
7.2.4 Research & Development Cost
7.2.5 Recent strategies and developments:
7.2.5.1 Geographical Extension:
7.3 Hertz Global Holdings, Inc.
7.3.1 Company outlook
7.3.2 Financial Analysis
7.3.3 Regional and Regional Analysis
7.4 Ashtead Group PLC
7.4.1 Company outlook
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.5 Cummins, Inc.
7.5.1 Company outlook
7.5.2 Financial Analysis
7.5.3 Regional and Regional Analysis
7.5.4 Research and Development Costs
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations and Agreements:
7.6 United Rent, Inc.
7.6.1 Company outlook
7.6.2 Financial Analysis
7.6.3 Regional and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Acquisitions and Mergers:
7.7 Herc Holdings, Inc. (Herc Rentals, Inc.)
7.7.1 Company outlook
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Partnerships, Collaborations and Agreements:
7.7.4.2 Geographical Expansion:
7.8 Aggreko PLC
7.8.1 Company outlook
7.8.2 Financial Analysis
7.8.3 Regional and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations and Agreements:
7.8.4.2 Acquisitions and Mergers:
7.8.4.3 Product Launch and Product Expansion:
7.9 Al Faris Group
7.9.1 Company outlook
7.10. Kohler Co.
7.10.1 Company outlook
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations and Agreements:
7.10.2.2 Product Launch and Product Expansion:
7.10.2.3 Acquisitions and Mergers:
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