Power Rental Market Segment Forecasts Up to 2019

Transparency Market Res

Power Rental Market for applications in end use - Global

Industry Analysis, Size, Share, Growth, Trends and

Forecast, 2012 – 2019

Published Date

2014-01-28

110 Page Report

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Press Release

power rental market Market is expected to reach USD 8.9 billion in 2019:

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Power Rental Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research "Power Rental

Market for applications (Peak Shaving, Continuous Power and Standby) in End Use (Government

and Utilities, Oil, Gas and Mining, Construction, Industrial, Events) - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2012 - 2019," the global power rental market was

valued at USD 7.28 billion in 2012 and is expected to reach 20.64 billion in 2019, growing at a

CAGR of 16.2% from 2013 to 2019.

Browse the full Power Rental Market Report with TOC at

http://www.transparencymarketresearch.com/power-rental-market.html

Growing energy demand and increased grid instability is one of the key factors attributed to

power rental market growth. Furthermore, increasing alternating power spikes coupled with rising

number of planned and unplanned events are expected to augment market growth. Rising

awareness amongst energy intensive industries to curtail growing energy demand during peak

hours is likely to bolster the product demand. Key challenges faced by the market participants

include stringent environmental regulations against diesel power generators, which are expected

to curb market growth. However, development of evolutionary power rental systems is hopeful to

overcome the challenge. Growing demand arising in off grid regions is expected to generate new

opportunities for the...