Global Top 3 Companies Accounted for 7% of total Power Rental Systems market (QYResearch, 2021)

Power rental, also known as power on hire comes with numerous advantages over the other counterparts. Power rental refers to the facility of temporarily renting power plants or generators for supplying energy to industrial units. It delivers functioning power equipment along with various scalable components, which are installed in power stations. It also offers reliability, flexibility, speed and cost-effectiveness to businesses for coping with brief shortages of power. The power rental services are aimed to stabilize utility power grids and provide additional energy to industries and support communities. Owing to this, it finds extensive application across the construction, mining, and oil & gas industries.

 

Source:  Secondary Sources and Global Info Research, 2021

 

 

According to the new market research report “Global Power Rental Systems Market Report 2023-2029”, published by QYResearch, the global Power Rental Systems market size is projected to reach USD 28.23 billion by 2029, at a CAGR of 5.7% during the forecast period.

 

Figure.   Global Power Rental Systems Market Size (US$ Million), 2018-2029

 

Based on or includes research from QYResearch: Global Power Rental Systems Market Report 2023-2029.

 

 

Figure.   Global Power Rental Systems Top 10 Players Ranking and Market Share（Continually updated）

Based on or includes research from  QYResearch: Global Power Rental Systems Market Report 2023-2029.

 

The global key manufacturers of Power Rental Systems include United Rentals, Ashtead Group, etc. In 2021, the global top three players had a share approximately 7.0% in terms of revenue.

 

 

 

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com

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