About power rental market in Middle East Power has become a basic necessity. Continuous and reliable power is essential for the development of a country. As the country's economy grows, there is an increase in population, infrastructural activities, and industrialization, leading to increase in requirement for power. But due to certain factors like poor maintenance and lack of investment in the power sector, there is still shortage of power across the globe. Rental power plays a crucial role in bridging this gap. The most common rental equipment are diesel and gas generators. These are useful during peak hours or in remote locations where power network is not available. Power rental is more economical than using a reserve plant, leading to increased demand for rental power.
Technavio’s analysts forecast the power rental market in the Middle East to grow at a CAGR of 18.8% over the period 2014-2019.
Covered in this report The report covers the current scenario and growth prospects of the power rental market in the Middle East for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of various types of power generators, including: - Diesel generators - Gas generators - Hybrid generators
Technavio’s report, Power Rental Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. It also covers the landscape of the power rental market in Middle East and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Key countries - Qatar - Saudi Arabia - UAE
Key Vendors - Aggreko - Altaaqa Global - Apr Energy - Bryne Equipment Rental - Cummins
Other prominent vendors - ENERCO - Hertz Equipment Rental - Jubaili Bros - Peax Equipment Rental - Rental Solutions & Services (rss) Saudi - Sakr Power Group
Market driver - Gap in demand and supply - For a full, detailed list, view our report
Market challenge - Stringent emission norms - For a full, detailed list, view our report
Market trend - Increase in infrastructure activities - For a full, detailed list, view our report
Key Questions Answered in this Report - What will the market size be in 2019 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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