DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8xnzvk/power_rental) has announced the addition of the "Power Rental Market in Middle East 2015-2019" report to their offering.
The power rental market in the Middle East is forecasted to grow at a CAGR of 18.8% over the period 2014-2019.
Power Rental Market in Middle East 2015-2019 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. It also covers the landscape of the power rental market in Middle East and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
According to the report, urbanization and a growing population have created a strain on power utilities to meet the rising power demand. According to BP's Energy Outlook for the Middle East, by 2035 production of energy in the region will likely increase by 32%, and consumption by 69%. The increase in residential and commercial infrastructure in the Middle East is causing peak hour supply constraints that are being met by the use of diesel or gas generators.
Further, the report states that most vendors offer similar products and services with little differentiation. The enforcement of stringent policies by the government to curb emission levels from power generators and similar products poses a challenge to vendors.
To calculate the market size, the report considers revenue generated through sales of various types of power generators, including:
- Diesel generators
- Gas generators
- Hybrid generators
- Saudi Arabia
- Altaaqa Global
- Apr Energy
- Bryne Equipment Rental
Other prominent vendors
- Hertz Equipment Rental
- Jubaili Bros
- Peax Equipment Rental
- Rental Solutions & Services (rss) Saudi
- Sakr Power Group
For more information visit http://www.researchandmarkets.com/research/8xnzvk/power_rental