Global Standby Rental Power Market Growth (Status and Outlook) 2023-2029

Global Standby Rental Power Market Growth (Status and Outlook) 2023-2029

Rental power is used to meet peak load demand, base load supply, or as a standby. The need to provide uninterrupted power is a major factor that drives the growth of the global standby rental power market. A standby rental power system is a secondary electrical system that can automatically supply power when the grid power fails by utilizing resources available at the source.

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

This Insight Report provides a comprehensive analysis of the global Standby Rental Power 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 Standby Rental Power portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Standby Rental Power market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Standby Rental Power 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 Standby Rental Power.

The global Standby Rental Power 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.

One trend in the market is increasing power purchase agreements. Constant power is a crucial necessity in oil and gas, industrial, and utility sectors. Additionally, one driver in the market is growing power rental industry. The demand for rental power is expected to increase because of growing public infrastructure construction, increasing industrial base, and supply of power to remote areas. Globally, there has been a constant rise in power consumption.

This report presents a comprehensive overview, market shares, and growth opportunities of Standby Rental Power market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Diesel Generators
Gas Generators
Others

Segmentation by application
Oil and Gas
Industrial
Utility
Others

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.