According to the latest report by IMARC Group, titled “United States Power Rental Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the united states power rental market exhibited moderate growth during 2014-2019. Looking forward, IMARC Group expects the united states market to continue its moderate growth during the forecast period (2020-2025).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Power rental services provide temporary electricity supply for heavy industrial construction, oil and gas exploration, and mine excavation projects. The most common types of power rental solutions include, diesel or gas generators, mobile lighting towers, welding generators, distribution boards, and cables. In the U.S., the increasing demand for continuous and uninterrupted power supply for several critical application areas, including nuclear power plants, data centers, hospitals, fire stations, etc., is currently catalyzing the market for power rentals.
The implementation of stringent governmental regulations regarding emission control, coupled with the introduction of green and advanced power rental systems, is bolstering the product demand in the U.S. Furthermore, the growing environmental concerns towards the increasing rate of global warming have prompted service providers to promote and offer renewable power equipment to the end-users. For instance, the US-based automotive and energy company, Tesla, launched a solar rental program for residents of six states across the United States, including Massachusetts, New Mexico, California, Connecticut, New Jersey, and Arizona. Additionally, the growing need to maintain homeland security with improved power back-up in military and defense organizations is also driving the market for power rental services in the U.S.
United States Power Rental Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the united states power rental market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the united states power rental market on the basis of fuel type, equipment type, power rating, application, end use industry and region.
Breakup by Fuel Type:
- Diesel
- Natural Gas
- Others
Breakup by Equipment Type:
- Generator
- Transformer
- Load Bank
- Others
Breakup by Power Rating:
- Up to 50 kW
- 51 –500 kW
- 501 –2,500 kW
- Above 2,500 kW
Breakup by Application:
- Peak Shaving
- Standby Power
- Base Load/Continuous Power
Breakup by End Use Industry:
- Utilities
- Oil & Gas
- Events
- Construction
- Mining
- Data Centers
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/united-states-power-rental-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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