LONDON--(BUSINESS WIRE)--Technavio has been monitoring the mobile power generation equipment rentals market and it is poised to grow by USD 1.50 billion during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
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At what CAGR is the market projected to grow during the forecast period 2020-2024?
A. Growing at a CAGR of almost 6%, the market growth will accelerate in the forecast period. -
What is the key factor driving the market?
A. Increasing infrastructural activities -
Who are the top players in the market?
A. Aggreko Plc, APR Energy, Ashtead Group Plc, Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Herc Holdings Inc., Siemens AG, and United Rentals Inc. are the top players in the market. -
Which region is expected to hold the highest market share?
A. APAC.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aggreko Plc, APR Energy, Ashtead Group Plc, Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Herc Holdings Inc., Siemens AG, and United Rentals Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing infrastructural activities has been instrumental in driving the growth of the market. However, rising competition from microgrids might hamper the market growth.
Mobile Power Generation Equipment Rentals Market 2020-2024: Segmentation
Mobile Power Generation Equipment Rentals Market is segmented as below:
-
Product
- Generator
- Turbine
-
Geography
- APAC
- Europe
- MEA
- North America
- South America
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Mobile Power Generation Equipment Rentals Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mobile power generation equipment rentals market report covers the following areas:
- Mobile Power Generation Equipment Rentals Market size
- Mobile Power Generation Equipment Rentals Market trends
- Mobile Power Generation Equipment Rentals Market industry analysis
This study identifies rising demand from the mining and oil and gas industry as one of the prime reasons driving the mobile power generation equipment rentals market growth during the next few years.
Mobile Power Generation Equipment Rentals Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the mobile power generation equipment rentals market, including some of the vendors such as Aggreko Plc, APR Energy, Ashtead Group Plc, Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Power Systems Inc., Herc Holdings Inc., Siemens AG, and United Rentals Inc. Backed with competitive intelligence and benchmarking, our research reports on the mobile power generation equipment rentals market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Mobile Power Generation Equipment Rentals Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist mobile power generation equipment rentals market growth during the next five years
- Estimation of the mobile power generation equipment rentals market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the mobile power generation equipment rentals market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of mobile power generation equipment rentals market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Generator - Market size and forecast 2019-2024
- Turbine - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aggreko Plc
- APR Energy
- Ashtead Group Plc
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- Generac Power Systems Inc.
- Herc Holdings Inc.
- Siemens AG
- United Rentals, Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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