What is Temporary Power Rental?
Temporary power rental is a supply of electric power which supports the various sectors with the power supply in situations such as blackouts and power outage. It is useful for the end-users that supply continuous, uninterrupted and reliable power source. The companies provide deployment of multi-mega Watt, low or high voltage configurations for medium to long term hires often in remote or hostile environments. It serves the clients from utility providers, to construction sites, industries, even small scale private clients for important social events.
The market study is broken down by Type (Single and three-phase systems, High voltage needs, Telephone wiring, Stringer and sub poles and Stand-up electrical cabinets) and major geographies with country level break-up.
Analysts at AMA Research estimates that Manufacturers from United States will contribute to the maximum growth of Global Temporary Power Rental market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aggreko PLC (United Kingdom), APR Energy Inc. (United States), Ashtead Group Plc (United Kingdom), Caterpillar Inc.(United States), Power Electrics (United Kingdom), Speedy Hire (United States), United Rentals (United States), Cummins Inc.(United States), Hertz Corporation(United States) and Kohler (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Smart Energy Solutions (United Arab Emirates) and Rental Solutions and Services (United Arab Emirates).
AdvanceMarketAnalytics has segmented the market of Global Temporary Power Rental market by Type, Application and Region.
On the basis of geography, the market of Temporary Power Rental has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Utilities will boost the Temporary Power Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power, the sub-segment i.e. Less than 80 kW will boost the Temporary Power Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Diesel will boost the Temporary Power Rental market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In June 2018, Aggreko plc, the global leader in the supply of temporary power and temperature control solutions, has completed the acquisition of Generator Hire Service via subsidiary Aggreko Generator Rentals Pty Ltd, a provider of specialized rental equipment in Australia.
- Increasing Demand for Reliable and Continuous Power
- RIsen in the Power Demand
- Lack of Power Infrastructure
- Rise in the Construction and Infrastural Activities
- Decreasing Cost of Power Generation
- Stringent Emission Regulations
Key Target AudienceTemporary Power Rental Providers, Research Professionals, Government Bodies and End-users
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.