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Middle East and Africa Power Rental Market Estimated to Reach $9,048.25 Million by 2019 New Report By MarketsandMarkets
  • USA - English


News provided by

MarketsandMarkets

Apr 22, 2015, 06:05 ET

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MarketsandMarkets
MarketsandMarkets

Dallas (PRWEB) April 22, 2015 -- The power rental market in the Middle East and African region has a significant growth rate, as it is an economically sustainable option to rent out generators over installing an IPP for the same purpose.

Browse 90 market data tables and 56 figures spread through 184 pages and in-depth TOC on Middle East and Africa Power Rental Market

http://www.marketsandmarkets.com/Market-Reports/middle-east-africa-power-rental-market-170802121.html

Early buyers will receive 10% customization on this report.

Key players are Aggreko Plc., Altaaqa Global, Bryne Equipment Rental LLC, Cummins Inc.

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The Middle East market remains the largest market for power rental. Widespread construction and developmental activities are driving growth of the power rental market. The permanent power producers’ inability to meet the power demand especially during extremely hot weather conditions, are considered as opportunities for the Middle East and Africa power rental market. Rising imports of low cost Chinese generators and upcoming power generation projects through renewable sources such as solar, wind and biomass energy in the Middle East and Africa can limit the growth of power rental market in the region.

Make an Inquiry http://www.marketsandmarkets.com/requestCustomization.asp?id=170802121

The market segmentation and market size is forecasted on the basis of the power rental industry of the Middle East and Africa regions. The Middle East and Africa power rental market size is estimated to reach $9,048.25 million by 2019 from $3,942.07 million in 2014. The major factors responsible for driving the growth of this market include the increasing demand of power in the respective regions.

The key countries are covered and forecasted for each region. Further, the market is segmented and the market sizes are forecasted on the basis of major end-user segments such as Utilities, Construction, Oil & Gas, and Others.

The Middle East is the largest market for power rental. The region which showed a decent growth in the last 10 years accounted for approximately 54% of the total market in 2013. The growth rate has been slackened down due to the decrease in the oil prices.

Utilities capture a lion’s share among the entire end-users segment in the Middle East and Africa power rental market. The second major end-user segment is oil & gas due to the oil-rich reserves in the Middle East and Africa. The key driver for the market is the increasing demand of power in the respective regions.

Browse Related Reports

Packaged Substation Market - Global Trends and Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/packaged-substation-market-26109112.html

Generator Sales Market - Global Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/generator-sales-market-47544335.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Blog - http://www.marketsandmarketsblog.com/market-reports/energy-and-power

Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

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