Press release
The APAC Generator Rental Market to Grow at a CAGR of 5.28% - Arizton
apac-generator-rental-market
To Know More, https://www.focusreports.store/report/apac-generator-rental-market-focused-insights
The APAC generator rental market was valued at $1.35 billion in 2023 and is projected to reach $1.84 billion by 2029, growing at a CAGR of 5.28% during the forecast period. The market is experiencing significant growth driven by the region's expanding industrial and commercial sectors. Rising construction activities, infrastructure development, and the need for reliable power sources contribute to the market's expansion.
Reliable Diesel Generators for Continuous Power Supply Drives the Market
Increasing power outages from weather, grid issues, or maintenance drive demand for generator rentals. Businesses prioritize reliable backup power for uninterrupted operations, fueling the need for rental services. In Japan, power utilities anticipate a reserve power supply capacity ratio of 5.8%, below the recommended 8%. A power supply deficit prompted warnings and increased demand for backup power during peak demand in February 2022. Generator rental powered by diesel has become the reliable backup power source to ensure uninterrupted operations, creating a heightened demand for generator rental services. Reliability and ease of usage alongside large-scale industries' demand push this segment. Due to their robust performance and ability to offer a stable power supply, diesel generators are often used in several construction sites, events, and emergency backup applications. In addition, uncertainty in electricity supply and low emission packages in generators fuel the segment's growth.
Rise in Construction Booming the Growth of Generator Rentals in the APAC Region
Generator rentals play a pivotal role in the construction industry by providing temporary power solutions to construction sites. During various construction phases, they ensure a reliable and continuous power supply for tools, machinery, and lighting. Construction projects in remote or off-grid locations often use generator rentals for power. Generators support remote site operations, including site preparation, excavation, and early construction stages. Generator rentals provide construction companies with flexibility in deploying power sources as needed. As construction sites progress, generators can be relocated to different areas, adapting to changing power demands during the construction project. Renting generators for construction projects is more cost-effective than purchasing and maintaining dedicated power infrastructure. This is particularly beneficial for temporary construction sites with varying project durations.
Sample Report : https://www.focusreports.store/report/apac-generator-rental-market-focused-insights
REPORT HIGHLIGHTS
SEGMENTATION & FORECAST
· Fuel Type (Revenue)
o Diesel
o Natural Gas
o Others
· Power Rating (Revenue)
o 1000KVA
· Application (Revenue)
o Standby Power
o Continuous Power
o Peak Shaving
· End-User (Revenue)
o Construction
o Retail
o Oil & Gas
o Mining
o Events
o Utilities
o I.T. & Data Centers
o Manufacturing
o Others
LIST OF VENDORS
Key Vendors
· Aggreko
· Atlas Copco
· Caterpillar
· Cummins
· Kohler
Other Prominent Vendors
· Aksa Power Generation
· Aver Asia
· East Coast Generators
· Generac Power Systems
· Generators Australia
· HIMOINSA
· Kaltimex Energy
· Kanamoto
· Modern Energy Rental
· Nishio
· Powermak
· Sudhir
· UMAC
· Unicel Autotech
· United Rentals
Key Question Answered in the Report
How big is the APAC generator rental market?
What is the projected growth rate of the APAC generator rental market?
What are the rising trends in the APAC generator rental market?
Who are the key players in the APAC generator rental market?
TOC
CHAPTER - 1: APAC Generator Rental Market Overview
· Executive Summary
· Introduction
· Key Findings
CHAPTER - 2: APAC Generator Rental Market Projected Revenue
· APAC: Projected Revenue of Generator Rental Market (2023-2029) ($Billions)
CHAPTER - 3: APAC Generator Rental Market Segmentation Data
· APAC: Projected Revenue by Fuel Type (2023-2029); (Revenue $ BN)
o Fuel Type Snapshot
o Diesel
o Natural Gas
o Others
· APAC: Projected Revenue by Power Rating (2023-2029); (Revenue $ BN)
o Power Rating Snapshot
o 1000KVA
· APAC: Projected Revenue by Application (2023-2029); (Revenue $ BN)
o Application Snapshot
o Standby Power
o Continuous Power
o Peak Shaving
· APAC: Projected Revenue by End-User (2023-2029); (Revenue $ BN)
o End-User Snapshot
o Construction
o Retail
o Oil & Gas
o Mining
o Events
o Utilities
o I.T. & Data Centres
o Manufacturing
o Others
CHAPTER - 4: APAC Generator Rental Market Prospects & Opportunities
· APAC Generator Rental Market Trends
· APAC Generator Rental Market Drivers
· APAC Generator Rental Market Constraints
CHAPTER - 5: APAC Generator Rental Market Industry Overview
· APAC Generator Rental Market - Competitive Landscape
· APAC Generator Rental Market - Key Players
· APAC Generator Rental Market - Other Prominent Vendors
CHAPTER - 6: Appendix
· Research Methodology
· Abbreviations
· About Arizton
List of Exhibits
· Exhibit 1: APAC Generator Rental Market 2020-2029 ($ billion)
· Exhibit 2: APAC Generator Rental Market by Fuel Type 2020-2029 ($ billion)
· Exhibit 3: Market by Diesel Generator Rental 2020-2029 ($ billion)
· Exhibit 4: Market by Natural Gas Generator Rental 2020-2029 ($ billion)
· Exhibit 5: Market by Other Generator Rental 2020-2029 ($ billion)
· Exhibit 6: APAC Generator Rental Market by Power Rating 2020-2029 ($ billion)
· Exhibit 7: Market by Power Rating >1,000KVA 2020-2029 ($ billion)
· Exhibit 8: Market by Power Rating 75-375KVA 2020-2029 ($ billion)
· Exhibit 9: Market by Power Rating 376-1,000KVA 2020-2029 ($ billion)
· Exhibit 10: Market by Power Rating
About Focused Reports by Arizton
Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing.
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Contact Us:
Call: +1-312-235-2040
+1 302 469 0707
Mail: enquiry@arizton.com
Website: https://www.focusreports.store/
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