Published Date : Apr 10, 2017
Albany, New York, April 10, 2017: MarketResearchReports.biz reported the addition of a new research report to its comprehensive online directory. The research report provides a comprehensive outlook of the Americas power rental market. The research report, titled “Power Rental Market In The Americas 2015-2019,” reveals the market drivers and restraints poised to impact the trajectory of the global market. The publication has been collated using primary and secondary research methodologies that are aimed at generating an accurate account of the market trends.
According to the research report, the Americas power rental market is projected to surge at a CAGR of 17.3% over the forecast period of 2015 and 2019. The report highlights that popularly rented equipment will be gas generators and diesel generators in the coming years. The demand for rental power equipment will continue to remain high in several industries as it is predominantly used as a support in case of power outages. Power rentals are also used as base loads or standby equipment. Owing to this reasons, power rentals will remain consistent in outdoor events as well.
The steady growth of the Americas power rental market will be due to high occurrence of natural calamities, in which cases backup power or temporary power arrangement becomes necessary. The high adoption of gas generators as rental power units is also expected to boost the Americas power rental market. However, the market is being challenged by the strict emission policies that are urging consumers to cut down pollution levels and curb fuel consumption.
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On the basis of product, the Americas power rental market is segmented into gas generators and diesel generators. The end users of power rentals in the Americas as sectors such as construction and industrial, utility, oil and gas and others. Analysts have used SWOT reports to estimate the various strengths, weaknesses, opportunities, and threats impacting these segments of the overall market. The demand for power is projected to see a steady rise in the coming years as the region limps back to normalcy after depression. Recovery of industries and various other sectors, increasing number of outdoor events, and high rate of natural calamities such as hurricanes are expected to fuel the growth of the Americas power rental market.
The chief operating players in the Americas power rental market are Caterpillar, Cummins, Aggreko, Sunbelt Rentals, United Rentals, Hertz, APR Energy, and Trane Rental Services. The research report profiles these players and provides detailed understanding of the intensity of the competition in the global market. Furthermore, it also gives an insight into the business and marketing strategies of these players, their financial outlooks, and mergers and acquisitions plans for the coming few years. Additionally, the report also includes comments and recommendations by expert market leaders to help the readers take well-informed business decisions.
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