January 24, 2017 - 1:23 PM EST
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Global Power Rental Accessories Market 2017-2021: Key Vendors are Aggreko, Atlas Copco, Caterpillar, Energyst & Sunbelt Rentals - Research and Markets

Research and Markets has announced the addition of the "Global Power Rental Accessories Market 2017-2021" report to their offering.

The global power rental accessories market to grow at a CAGR of 3.18% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global power rental accessories market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of haircare products to individual consumers and salons. The report also includes a discussion of the key vendors operating in this market.

One trend in market is rising demand from Southeast Asian countries. Southeast Asia consists of 10 emerging economies that have extensively contributed to the economic growth of the region. This increase can be attributed to rising disposable incomes and FDI in various sectors in these countries, leading to the amelioration of poverty and growth of the manufacturing sector. In 2014, this region accounted for 3% of the global economy but attracted more than 8% of global FDI flows.

According to the report, one driver in market is growing demand from utility and industrial sectors. The need for temporary power supply across utilities and industrial sectors is increasing because of the demand-supply gap in electricity. Though the governments of various countries are commissioning new power plants to meet the growing demand, shortfalls persist in the short run as constructing a power plant would require 3-5 years, depending on its capacity. In addition, delays in power plant completion due to lack of investment will extend the construction period.

Further, the report states that one challenge in market is slow growth in oil and gas industry. Earlier, power rental companies benefitted from increased onshore and offshore oil and gas exploration and production. However, the plunge in global oil and gas prices, which have fallen by almost 40%-50% in the last two years (201-2016) limits the confidence of new investors in the industry, posing a serious challenge to power rental companies.

Key Questions Answered in this Report:

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Key Vendors:

  • Aggreko
  • Atlas Copco
  • Caterpillar
  • Energyst
  • Sunbelt Rentals

Other Prominent Vendors:

  • Altaaqa Global
  • APac Energy Rental
  • APR Energy
  • Ashtead Group
  • BPC Power Rentals
  • Byrne Equipment Rental
  • Crestchic
  • Cummins Power Generation
  • Herc Rentals
  • HIMOINSA
  • Kohler
  • Red-D-Arc
  • PT Sumberdaya Sewatama
  • United Rentals

For more information about this report visit http://www.researchandmarkets.com/research/g52xkt/global_power

Research and Markets
Laura Wood, Senior Manager
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Related Topics: Electricity


Source: Business Wire (January 24, 2017 - 1:23 PM EST)

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