Selbyville, Delaware, Oct. 12, 2020 (GLOBE NEWSWIRE) -- As per credible estimations, Asia-Pacific power rental market is anticipated to register substantial growth during 2020-2026. Escalating consumption of electricity coupled with growing population in the region are augmenting the market growth. Additionally, surging infrastructural development in residential and commercial sectors along with rapid urbanization & industrialization are further stimulating Asia-Pacific power rental market outlook.
The outbreak of the COVID-19 pandemic has plummeted the global economy and has affected production and demand across several industries by disrupting the entire supply chain. In-depth industry analysis aims to answer all the queries of the clients and suggests prevalent strategies for stakeholders to adapt to market instabilities and indulge in revenue generation sprees.
Analyzing power rating range
Based on power rating, <75 kVA segment is expected to emerge as a major revenue generator for APAC power rental industry through 2026. Growing urban migration, rising trend of single-family apartments, and increasing investments by international as well as national organizations towards sustainable local development are fostering the demand for <75 kVA rated power rental units.
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Scrutinizing fuel type
With regards to fuel type, Asia-Pacific power rental industry from the gas segment is projected to record considerable expansion during the analysis timeframe. Factors such as increasing consumer preference towards energy security, high affordability of the product, rising adoption of emergency power backup systems, favorable regulations pertaining to emissions, and flourishing LNG (liquified natural gas) infrastructure are responsible for escalating sales of gas based power rental units.
Investigating end-user terrain
Moving on to end-use scope, the healthcare sector is estimated to create lucrative growth opportunities for Asia Pacific power rental market over 2020-2026. Cost-efficiency of the product along with rising number of coronavirus cases, and surging demand for emergency electricity backup amid the COVID-19 pandemic are fostering the expansion of the segment.
Examining application spectrum
As per the report, Asia-Pacific power rental market remuneration from peak shaving application is predicted to grow modestly through 2026. Power rental units have the capability to facilitate short duration load shedding to counter excessive energy demand. Widespread adoption of work from home culture, coupled with flourishing IT industry are bolstering the growth of the segment.
Regional analysis
The country-level analysis claims that Thailand is set to emerge as a major growth avenue for Asia-Pacific power rental market during 2020-2026, owing to rising product penetration in supermarkets, hotels, and malls along with developing tourism sector.
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Asia-Pacific Power Rental Market Power Rating Sub-segments (Revenue, USD Million, 2015-2026)
- >750 kVA
- 375-750 kVA
- 75-375 kVA
- <75 kVA
Asia-Pacific Power Rental Market Fuel Sub-segments (Revenue, USD Million, 2015-2026)
- Gas
- Diesel
- Others
Asia-Pacific Power Rental Market End-use Sub-segments (Revenue, USD Million, 2015-2026)
- Marine
- Mining
- Construction
- Manufacturing
- Offshore
- Electric Utilities
- Oil & Gas
- Healthcare
- Data Center
- Telecom
- Others
Asia-Pacific Power Rental Market Application Sub-segments (Revenue, USD Million, 2015-2026)
- Prime/Continuous
- Peak Shaving
- Standby
Asia-Pacific Power Rental Market Country-level Analysis (Revenue, USD Million, 2015-2026)
- Thailand
- Indonesia
- Japan
- India
- China
Asia-Pacific Power Rental Market Competitive Landscape (Revenue, USD Million, 2015-2026)
- Sumberdaya Sewatama PT
- Himoinsa SL
- Wärtsilä Oyj Abp
- Wacker Neuson Group
- Generac Holdings Inc.
- Kohler Co.
- Cummins Inc.
- Aggreko plc
- Caterpillar Inc.
- Atlas Copco Group
Table of Content:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. List of Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Market Snapshot
2.1. Asia Pacific power rental market snapshot
Chapter 3. Asia Pacific Power Rental Trends
3.1. Industry coverage
3.2. Industry size & forecast, 2015 - 2026
3.3. Value chain analysis
3.3.1. Company product snapshot
3.4. Regulatory norms & directives
3.5. COVID-19 impact on the overall industry outlook
Chapter 4. Asia Pacific Power Rental Market Share, By Power Rating
4.1. Asia Pacific power rental market share by power rating, 2019 & 2026
4.2. <75 kVA
4.2.1. Asia Pacific market estimates and forecast from <75 kVA, 2015 - 2026
4.2.2. Asia Pacific market estimates and forecast from <75 kVA, by country, 2015 - 2026
4.3. 75-375 kVA
4.3.1. Asia Pacific market estimates and forecast from 75-375 kVA, 2015 - 2026
4.3.2. Asia Pacific market estimates and forecast from 75-375 kVA, by country, 2015 - 2026
4.4. 375-750 kVA
4.4.1. Asia Pacific market estimates and forecast from 375-750 kVA, 2015 - 2026
4.4.2. Asia Pacific market estimates and forecast from 375-750 kVA, by country, 2015 - 2026
4.5. >750 kVA
4.5.1. Asia Pacific market estimates and forecast from >750 kVA, 2015 - 2026
4.5.2. Asia Pacific market estimates and forecast from >750 kVA, by country, 2015 - 2026
Chapter 5. Asia Pacific Power Rental Market Size, By Fuel
5.1. Asia Pacific power rental market share by fuel, 2019 & 2026
5.2. Diesel
5.2.1. Asia Pacific market estimates and forecast from diesel, 2015 - 2026
5.2.2. Asia Pacific market estimates and forecast from diesel, by country, 2015 - 2026
5.3. Gas
5.3.1. Asia Pacific market estimates and forecast from gas, 2015 - 2026
5.3.2. Asia Pacific market estimates and forecast from gas, by country, 2015 - 2026
5.4. Others
5.4.1. Asia Pacific market estimates and forecast from others, 2015 - 2026
5.4.2. Asia Pacific market estimates and forecast from others, by country, 2015 - 2026
Chapter 6. Asia Pacific Power Rental Market Value, By End Use
6.1. Asia Pacific power rental market share by end use, 2019 & 2026
6.2. Telecom
6.3. Data Center
6.4. Healthcare
6.5. Oil and Gas
6.6. Electric Utilities
6.7. Offshore
6.8. Manufacturing
6.9. Construction
6.10. Mining
Chapter 7. Asia Pacific Power Rental Market Growth, By Application
7.1. Asia Pacific power rental market share by application, 2019 & 2026
7.2. Standby
7.3. Peak Shaving
7.4. Prime/Continuous
Chapter 8. Asia Pacific Power Rental Market Trends, By Country
Related Report:
Power Rental Market Size, Regional Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
Global Power Rental Market size is set to achieve over 3% CAGR through 2026, as per new research report. Global Power Rental Market size exceeded USD 13 billion in 2019 and is set to achieve over 3% CAGR through 2026. Rising need for continuous and reliable power supply coupled with aging grid infrastructure and upsurge in investments toward construction & infrastructure development will boost the demand for rental power systems. From a regional frame of reference, Latin America region, specifically Brazil, will grow over 2% by the end of the analysis timeline. The region is creating immense demand for rental power services from several industrial verticals, mainly in oil & gas sector, which is an ideal avenue for power rental services.
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