Power Rental Global Contracts & Deals Analysis

The power rental market was dominated by Aggreko plc. (U.K.), Caterpillar Inc. (U.S.), APR Energy plc. (U.S.), Ashtead Group Plc. (U.K.), and Cummins Inc. (U.S.) from 2011 to 2015

Seattle, United States – October 27, 2016 /MarketersMedia/ —

The report “Power Rental Global Contracts & Deals Analysis 2011 to 2015, by Fuel (Diesel, Gas), By Application (Peak Shaving, Standby Power, Base Load), by End-Use (Utilities, Oil & Gas, Industrial, Construction, Mining, Events), by Power Rating & by Region”, The report segments the market on the basis of deals into contracts and agreements, new product development, expansions and investments, strategic alliances, and mergers & acquisitions; it has also been categorized by region into Asia-Pacific, North America, South America, Europe, the Middle East, and Africa. The market share analysis, by revenue for key companies, has also been included in the report. The scope accordingly aids market participants to identify high-growth markets that help in making key investment decisions.

Browse 66 tables and 72 figures spread through 164 Pages and in-depth TOC on “Power Rental Global Contracts & Deals Analysis 2011 to 2015 “

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The power rental market was dominated by Aggreko plc. (U.K.), Caterpillar Inc. (U.S.), APR Energy plc. (U.S.), Ashtead Group Plc. (U.K.), and Cummins Inc. (U.S.) from 2011 to 2015. These players are trying to penetrate into developing economies and are adopting various methods to grab market share in these regions.

Majority of power rental players adopted contracts and agreements as their key strategy from 2011 to 2015

On the basis of developments, Aggreko Plc. (U.K.) held the largest share of contracts, followed by APR Energy Plc. (U.S.) and Caterpillar Inc. (U.S.). More than half of the contracts were demanded for power packages less than 50 MW, and the utility sector held the largest share of the global power rental contracts count from 2011 to 2015. This was due to the rising demand for large temporary power projects in the African countries where there is lack of power infrastructure. Majority of the contracts were made to create brand awareness among the local end-use sectors of the region to gain more power rental deals in the market. This strategy was followed by contracts made for geographic expansion in power deficit countries, which would render more opportunities for contract extensions and capacity additions.

Africa accounted for the highest number of deals in the power rental market from 2011 to 2015

On the basis of region, the market has been segmented into Asia-Pacific, North America, South America Europe, the Middle East, and Africa. The electrification rate in Africa was only 43% in 2015 and the region is prone to frequent blackouts due to lack of power infrastructure; these factors increase the demand for temporary power. Furthermore, large industrial infrastructure programs are being carried out in the region since 2010, particularly in the power industry. However, implementation of these projects takes time and delay in the power projects creates an opportunity for the power rental industry to grow in the region.

Major players in the power rental market, based on their developments, include Aggreko plc. (U.K.), Caterpillar Inc. (U.S.), APR Energy plc. (U.S.), Ashtead Group Plc. (U.K.), Cummins Inc. (U.S.) Atlas Copco (Sweden), Hertz Corporation(U.S.), Speedy Hire Plc.(U.K.), United Rentals Inc.(U.K.), Kohler Co. Inc. (U.S.), Smart Energy Solutions (UAE), and Generac Power Systems (U.S.) among others.

These players are trying to penetrate into emerging economies through various strategies such as contracts and agreements, investments and expansions, and mergers & acquisitions to increase market shares in these regions.

Target Audience

Engine/generator manufacturers, dealers, and suppliers
Power rental companies
Market research and consulting firms
Government, investment banks, and research organizations
IPPs, captive power, and standby power plants
Renewable energy companies
End-users that require temporary power regularly such as the construction industry, mining industry, and oil & gas companies
Permanent power plant developers and power grid infrastructure companies
Global and regional level energy and power associations

“Primarily, the report provides information about market segments and helps stakeholders to decide their focus areas for the next two to five years for prioritizing efforts and investments”.

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