In urban areas, we often see huge box shape power generators constructed in some corner of the premises of property or the company. You might also see some huge power vans standing out at the gaming events, expos, auto show, traditional or political events with big fat cables rolled around them. That is one kind of power rental segment. Looking at the utilization and application it looks limited but the power rental system has a huge market in the global platform.
These rental power generator sets are integrated with an easy-to-operate customer interface, enabled rapid voltage change to make the most of the flexibility and lessen setup
The power rental market has loads of global market players that provide reputed and reliable onsite rental power systems. Players dominating the market are emphasized more on delivering mobile power solutions along with easy installation facility, reliable products, and customized configurations.
“According to the report, global power rental market was valued at approximately USD 10.02 billion in 2014 and is expected to reach approximately USD 20.30 billion by 2020, growing at a CAGR of over 13.0% between 2015 and 2020.”
What is served by the power rental market through its products?
The rental generator provides up to 2MW for any industry that demands extra power. The system is reliable and integrated designed to fulfill every demand of intricate application. Easy configurations, features, and well explained operating procedures are explained to meet the local pre-requisite and policy. The market also serves the with other products and services that are technically linked with the power rentals such as load banks, transformers, distribution panels, and multiple mobile power units.
How can demand be fulfilled by the power rentals?
There are varieties of power rental system manufactured by the market players to meet the application demand from 60 kW to 2 MW. The service is an offer, in short, termed based or for the long term with cost effective pricing.
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Below are some of the applications that are majorly powered by the power rentals.
- Temporary power supply for events
- Emergency power backup to sustain in disaster situations
- Backup power for planned maintenance
- Main Power supply source in remote areas.
To whom does the power rental market serve in terms of industry?
- Oil and Gas
- Data centers
- Retail services