Key players in the Europe Power Rental Market are Aggreko Plc, Atlas Copco, Cummins Inc, APR Energy Plc, Caterpillar Inc. & others.
(PRWEB) September 19, 2014
The global oil and gas–power rental market report defines and segments the concerned market with analysis and forecast of revenue. The market is estimated to grow from $2,018.3 million in 2014 to $3,288.8 million by 2019, at a CAGR of 10.3% from 2014 to 2019.
Browse through the TOC of the global oil and gas–power rental market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
Oil and gas exploration & production activities can be performed either onshore or offshore. These different exploration sites are usually located in the remote locations, where power sources are not easily accessible. Since oil and gas explorations need large amount of power to execute different processes, companies are now opting for temporary power sources, for carrying out these activities.
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Though it is possible for companies operational in the oil and gas industry to establish permanent power generation facilities at the exploration sites, this involves large amount of capital expenditure, and many a times, it may not be technically feasible. Power rental is one of the practicable options in such cases. Power renting helps these companies to focus on their core operations, while reducing capital expenditures. Hence, with the increasing oil and gas exploration activities in remote field locations, the demand for the power rental facilities is expected to increase, thus providing a boost to the oil and gas–power rental market.
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The market is segmented and forecast based on geographies, including North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
This report includes market share and value chain analyses, along with the market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
Browse through the market data tables, figures and detailed ToC on the “Europe Power Rental Market”.
North America Power Rental Market
The North American Power Rental market is estimated at $1.9 billion in 2014, and is projected to reach $2.63 billion by 2019 at a CAGR of 5.84%. It is segmented on basis of end user industry, types, countries and applications.This market includes mainly diesel gensets, gas gensets, and other gensets, which comprise 64.6%, 25.2% and 10.2% of the market respectively.This market is applied in Peak Load, Base Load, and Standby.
Asia-Pacific Power Rental Market
The Asia-Pacific Power Rental market was valued at $1.9 billion in 2014 and is projected to reach $4.3 billion by 2019 at CAGR of 17.6%. It is segmented on basis of types and applications.The Asia-Pacific Power Rental market can be segmented on basis of types such as Diesel, Gas and Other, that comprise 64.6%, 25.2%, and 10.2% of the market share respectively. The Asia-Pacific Power Rental market is applied in Peak Load, Base Load, and Standby.
Latin America Power Rental Market
The Latin America Power Rental market was valued at $1.3 billion in 2014 and is projected to reach $3.0 billion by 2019 at CAGR of 17.2%.The Latin American Power Rental market includes mainly Diesel Genset, Gas Genset, and Other Genset companies, that comprise 64.6%, 25.2%, and 10.2% of the market respectively.The Latin American Power Rental market is applied in Peak Load, Base Load, and Standby.
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