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Turbines and Generators Rental - Global Market Size, Pricing Analysis, Market Share
Turbines and Generators Rental - Global Market Size, Pricing Analysis, Market Share
The global power rental market is expected to demonstrate adequate growth in future, The report also covers top manufacturers and gives comparative analysis on the basis of product, global presence and key strengths.
Hyderabad,
AP,
India
(prbd.net)
08/06/2011
The global power rental market is expected to demonstrate adequate growth in future, The report also covers top manufacturers and gives comparative analysis on the basis of product, global presence and key strengths.
The global power rental market has shown promising growth historically and is expected to grow
significantly over the forecast period. As a result of the global increased demand for electricity and the
increasing awareness of the rental market, the power rental business has developed to be a high revenue earning market globally. The revenues of the market in 2006 were around $2,388m. However, it suffered a minor roadblock in 2008 when the revenues fell, mainly due to the economic crisis impacting the global markets. However, the revenues of the market recovered immediately the year after, driven by strong growth mainly in the Asia-Pacific region, and reached around $2,528.7m in 2010.
The prime load segment has been the most dominating segment in the global power rental market
globally. This segment accounts for around 50% of the revenues of the overall power rental market.
Strong demand from construction, industry, events and entertainment and other end users has been the
reason for the dominance of the prime load segment of the power rental market.
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The remaining 50% of the market was accounted for by the stand-by load and the peak load segments,
with 30% and 20% shares of the market respectively. The fall in demand for power rentals from utilities
was the main reason for the fall in share of the peak load application. However, it is expected that this
segment will increase again in the future.
The global power rental market has been one of the most competitive markets to operate in, and there
has been an intense fight among the global leaders with no one company clearly dominating the
proceedings of this market. The top players in this market, such as Aggreko, Caterpillar and others, have
marginally outperformed their followers in terms of the revenues earned in this market. In addition, with a large number of local players operating in this market, it has been difficult for these global players to attain a major share of the market. The small local players provide substantial competition for the larger global players, but their concentration in only a particular region or a state is the main reason that they have not featured in the top players list in this market.
GlobalData’s “Turbines and Generators Rental - Global Market Size, Pricing Analysis, Market Share
and Purchase Criteria Analysis to 2020” gives detailed information on the global power rental market,
focusing on all three applications namely, peak power, standby and continuous power applications.
Revenue breakdown by product type, application and pricing analysis are provided both at the country
and regional level. Similar information is provided at country level also. Drivers, restraints, challenges and revenue forecast for the global and regional (North America, Asia Pacific and Europe) power rental
market is also discussed. The report also covers top manufacturers and gives comparative analysis on
the basis of product, global presence and key strengths.
For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Turbines-and-Generators-Rental-Global-Market-Size-Pricing-Analysis-Market-Share-and-Purchase-Criteria-Analysis-to-2020&Title=Power_Generation&ReportType=Industry_Report
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