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Feb. 24, 2021, 11:43 p.m. EST

Power Rental Market Size, Outlook, Geographical Segmentation, Business Challenges and Opportunities till 2026

Top Players in Power Rental Market are Caterpillar Inc., Atlas Copco, Cummins Inc., Aggreko, American Honda Motor Company, Inc., Pramac, Kirloskar Electric Co. Ltd., Energyst CAT Rental Power, Altaaqa Global Energy Services, Sudhir Power Ltd., Generac Mobile Products, Perennial Technologies Pvt. Ltd.

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Feb 24, 2021 (The Expresswire) -- The global power rental market is expected to gain momentum from the growing demand from those industries that receive a very weak power supply from grids. According to a published report by Fortune Business Insights, titled, “Power Rental: Global Market Analysis, Insights, and Forecast, 2018-2026,” the overall power rental market is expected to grow from USD 10.6 Billion in 2018 to USD 20 Billion by 2026 at a CAGR of 8.24% during the forecast period.

The global power rental market size stood at approximately USD 10.6 Billion in 2018 and is projected to reach nearly USD 20 Billion by 2026, exhibiting a CAGR of 8.24% in the forecast period

To Gain More Insights into the Power Rental Market Analysis, Browse Summary of the Research Report - https://www.fortunebusinessinsights.com/industry-reports/power-rental-market-100225

Additionally, the number of events around the globe has increased. These events require power supply temporarily. This is another major factor that will contribute to a rise in the global market revenue in the coming years.

Report Highlights:

  • A comprehensive overview of the Power Rental Market

  • Significant factors boosting, restricting, challenging and providing an opportunity to the market

  • Key insights and major industry developments

  • Significant players functioning in the Power Rental Market

  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others

  • Other market trends

List of Top Key Players Mentioned:

  • Aggreko

  • Caterpillar Inc.

  • Cummins Inc.

  • Atlas Copco

  • Kohler Co.

  • Shenton Group

  • NIDS Group

  • Pump Power Rental

  • United Power and Resources

  • Sudhir Power Ltd.

  • Modern Hiring Service

  • Newburn Power Rental Ltd

  • Global Power Supply

  • FG Wilson

  • ProPower Rental

  • United Rentals

Request a Sample Copy for more detailed Power Rental Market Overview - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/power-rental-market-100225

“Increasing Mining Activities to Boost Market Growth in the Middle East and Africa”

The global power rental market is geographically divided by North America, Europe, the Middle East and Africa, Asia Pacific, and Latin America. Amongst these regions, The Middle East and Africa had accounted for a notable global power rental market share in the year 2018. Fortune Business Insights predicts that it will remain one of the fastest developing regions during the forecast period. This growth is attributed to the expansion of the oil and gas industry as well as the increasing number of construction activities occurring in the region. Moreover, a rise in the mining activities in Africa, increasing demand for mining and rental power from off-grid gas and oil wells, and unavailability of grid structure are expected to contribute to the power rental market growth in this region during the forthcoming years.

The report answers the following questions:

  • What are the recent power rental market trends and developments?

  • How will the market be affected by changing consumer behavior?

  • Which strategies are being adopted by key players to enhance their market footprint?

  • Which region will remain in the dominant position in terms of revenue?

  • How many niche segments are present in the market?

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