Power Rental Market - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

1. Power Rental Market - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025 Power rental plants are required for temporary supply of power for industries due to the supply-demand gap in electricity. To avoid financial losses, industries requires a constant power supply. Therefore, industries use additional power by introducing short-term initiatives, such as leasing or renting addition power by using diesel generators to fulfill their need for power. Request For Sample Copy of this Research Report :​https://www.coherentmarketinsights.com/insight/request-sample/973 Major drivers propelling the growth of power rental market globally include rapidly developing construction industry. According to CMI, the global construction industry is projected to expand at a CAGR of 5.8% from 2017 to 2025. North America led the power rental market and is expected to witness a CAGR of 6.4% during the forecast period. Increasing demand for electricity and challenges in power sector, such as federal carbon policies on carbon emission and meeting energy targets are the main reasons for development of power rental market in this region. The emerging economies in Asia Pacific such as India and China, are expected to propel the growth of power rental market in the region in near future. Furthermore, industries such as construction, event, oil and gas, mining, manufacturing, and shipping have a high requirement for rental electricity for continuous operation. These factors are highly responsible for the growth of the power rental market in Asia Pacific. Among applications, base load/continuous segment held the leading position with a market share of around 43.5% in the power rental market in 2016. Base

2. load or continuous power plant takes minimum power generation to provide continuous electricity supply. The other types of continuous power plant are geothermal power plant, tidal power plant, and coal-fired power plant among others. For More Information:​https://tinyurl.com/y4apoh3u About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email​: ​sales@coherentmarketinsights.com