Global Generator Rental for Oil and Gas Market Growth (Status and Outlook) 2023-2029

Global Generator Rental for Oil and Gas Market Growth (Status and Outlook) 2023-2029

Rental power is used as an alternative power or as prime power in areas where grid power is non-existent or unreliable. High capacity power generators are hired to meet the on-site power needs and can be scaled to meet the temporary demand without the need for investing in generators. Mining sites are often in remote areas where access to grid power is limited or non-existent. This is the primary factor driving the need for generator rental power in the mining industry.

LPI (LP Information)' newest research report, the “Generator Rental for Oil and Gas Industry Forecast” looks at past sales and reviews total world Generator Rental for Oil and Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Generator Rental for Oil and Gas sales for 2023 through 2029. With Generator Rental for Oil and Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Generator Rental for Oil and Gas industry.

This Insight Report provides a comprehensive analysis of the global Generator Rental for Oil and Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Generator Rental for Oil and Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Generator Rental for Oil and Gas market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Generator Rental for Oil and Gas and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Generator Rental for Oil and Gas.

The global Generator Rental for Oil and Gas market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The constant demand for oil and gas is one of the primary growth factors for this market. Despite the decrease in crude oil prices, there is a rise in demand for oil and gas around the world. This will increase the need for oil and gas production and exploration activities, in turn, boosting the demand for rental generators from the oil and gas industry. The decline of easy oil across the globe will lead to increased investments from the oil and gas companies towards enhancing the efficiency of their exploration activities, which will consequently drive the growth of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Generator Rental for Oil and Gas market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Diesel Generator
Gas Generator

Segmentation by application
Onshore
Offshore

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aggreko
APR Energy
Atlas Copco
Energyst
United Rentals

Please note: The report will take approximately 2 business days to prepare and deliver.