Global,Power,Rental,Market,wil business, insurance Global Power Rental Market will Reach USD 20.30 Billion by 2

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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” 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.Request Sample report at: https://www.zionmarketresearch.com/sample/power-rental-marketPower is generated by burning fossil fuels such coal, oil or gas to generate steam that drives large turbines that produce electricity. Power rental is referred as plant hire which provide flexibility, reliability, speed and cost-effectiveness. Power on rent can deliver complete operating power packages as well as provide scalable components within large power station installations to various industrial applications.Do Inquiry before buying report at: https://www.zionmarketresearch.com/inquiry/power-rental-marketThe global power rental market is expected to witness significant growth over the forecast period on account of increasing demand for power across the globe. The increasing power consumption, development of power infrastructure, and increasing construction & development is anticipated to boost the demand of power rental in the coming years. Furthermore, increasing demand for power from oil & gas industry is also a major driving force of the power rental market. However, presence of stringent regulations coupled with rising environmental awareness may hamper the market growth in the near future. 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. 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. Construction is another key outlet of power rental market and it held over 20% share of overall market in 2014. This is mainly due to growing infrastructural development in the emerging economics. Oil & gas is also expected to exhibit substantial demand within the forecast period.Read report TOC at: https://www.zionmarketresearch.com/toc/power-rental-marketBased on application, the power rental market can be segmented into peak shaving, base load/continuous power and standby power. Base load/continuous accounted for 45.56% share of total revenue generated in 2014. 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. 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 geography, Middle East & Africa dominated the global power rental market and accounted for 31.63% of total revenue in 2014. This growth is mainly attributed to growing construction and developmental activities in this region. North America was the second largest regional market with 21.32% share of total revenue generated in 2014. Asia Pacific holds immense potential for the industry growth over the forecast period. Recently, emerging economies including India, Brazil, and Saudi Arabia have been contributing significantly to the demand for power rental in industrial sector owing to rapid industrialization.Browse “Power Rental Market” Detail Report at: https://www.zionmarketresearch.com/report/power-rental-marketSome 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.This report segments the global power rental market as follows:Global Power Rental Market: End-Users Segment AnalysisOil & GasIndustrialConstructionOthersGlobal Power Rental Market: Application Segment AnalysisPeak shavingBase load/ Continuous powerStandby powerGlobal Power Rental Market: Regional Segment AnalysisNorth AmericaU.S.EuropeGermanyFranceUKAsia PacificChinaJapanIndiaLatin AmericaBrazilMiddle East and AfricaRead “Power Rental Market” Press Release at: https://www.zionmarketresearch.com/news/global-power-rental-market Contact US:Zion Market Research4283, Express Lane,Suite 634-143,Sarasota, Florida 34249, United StatesTel: +49-322 210 92714USA/Canada Toll Free No.1-855-465-4651Email: [email protected]:http://www.zionmarketresearch.com