The market stands to achieve revenues worth USD 21,765.1 million by 2023 while expanding at a CAGR of 9.06% in the duration the forecast period. The power rental is defined as renting of generator sets for the power generation and that runs on gas, diesel, or any other fuel. They are used in various industrial and commercial applications. Shortage of power supply will ultimately increase in the use of power rental equipment. This will lead to the growth of this market. In India, the demand ... Read more
The power rental is an economic activity where generator sets are given on rent for the power generation, and that runs on any fuel. Market Research Future (MRFR) has published a research report about the global power rental market that estimates climb for this market at 9.06% CAGR (Compound Annual Growth Rate) during the forecast period between 2017 and 2023. By value, the market has been figured to be worth the US $ 21,765.1 Mn by the ... Read more
The Power Rental Market is estimated to be valued at US$ 6.19 Bn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The power rental market involves renting of generator sets, portable equipment, and utilities on rental basis to fulfill temporary or auxiliary power needs. Power rental equipment find application in several end-use ... Read more
