The North America Power Rental Systems Market would witness market growth of 8.2% CAGR during the forecast period (2020-2026). The increasing demand for constant power supply coupled with rapid industrialization all across the globe is some of the major factors that are driving the growth of the market. The growing instances of unpredictable power supply produced through small-scale power grids and also there is limited access to the key transmission network has boosted the demand for rental generators in the utility and manufacturing industries. Moreover, there is an increasing requirement for accessible rental equipment that can be helpful in overcoming the problems that are associated with swells & voltage sags, and power outages.
In addition to it, increasing awareness about the benefits of outsourcing power equipment is having a positive impact on the market. Power rental systems allow consumers to acquire equipment as per their requirements in a profitable manner. Furthermore, the execution of favorable government initiatives in order to expand metro and airport networks, coupled with the manufacturing of hotels and shopping malls, and this will increase the demand for power rental all across the developed and developing nations. Other factors such as the adoption of natural gas-based power generators and the surge in the deployment of renewables as a substitute for the power source to decrease carbon emissions are likely to drive the market further.
The power rental system finds its application in a range of industries that requires continuous power. Major end-use industries for power rental systems are government, oil & gas, and construction. Similarly, there is a necessity for constant power in events, where these systems find enormous demand. These systems are reliable, cost-effective, and flexible, which additionally strengthens the demand for power rental systems. These Systems are the speedy, reliable, cost-effective, & flexible services used across the globe where the demand for power is high. The power rental systems are used to deal with the demand for power in numerous industries. Increasing demand for power due to rapid industrialization & urbanization. More recurrent shortage of power & insufficiency in the infrastructure that is related to power generation. Consequently, the Power Rental Systems Market is estimated to grow and has remarkable scope during the foreseeable period.
Based on Application, the market is segmented into Continuous Power, Peak Shaving and Standby Power. Based on End User, the market is segmented into Government & Utilities, Construction, Event Management, Oil & Gas, Industrial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Power Rental Systems Market in North America is expected to register a CAGR of 8.2% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Caterpillar, Inc., Atlas Copco AB, Hertz Global Holdings, Inc., Ashtead Group PLC, Cummins, Inc., United Rentals, Inc., Herc Holdings, Inc. (Herc Rentals, Inc.), Aggreko PLC, AI Faris Group and Kohler Co.
Scope of the North America Power Rental Systems Market Analysis
Market Segmentation:
By Application
- Continuous Power
- Peak Shaving
- Standby Power
By End-User
- Government & Utilities
- Construction
- Event Management
- Oil & Gas
- Industrial
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Caterpillar, Inc.
- Atlas Copco AB
- Hertz Global Holdings, Inc.
- Ashtead Group PLC
- Cummins, Inc.
- United Rentals, Inc.
- Herc Holdings, Inc. (Herc Rentals, Inc.)
- Aggreko PLC
- AI Faris Group
- Kohler Co.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Power Rental Systems Market, by Application
1.4.2 North America Power Rental Systems Market, by End User
1.4.3 North America Power Rental Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2020, May) Leading Players
Chapter 4. North America Power Rental Systems Market by Application
4.1 North America Continuous Power - Power Rental Systems Market by Country
4.2 North America Peak Shaving Power Rental Systems Market by Country
4.3 North America Standby Power - Power Rental Systems Market by Country
Chapter 5. North America Power Rental Systems Market by End Use
5.1 North America Government & Utilities Power Rental Systems Market by Country
5.2 North America Construction Power Rental Systems Market by Country
5.3 North America Event Management Power Rental Systems Market by Country
5.4 North America Oil & Gas Power Rental Systems Market by Country
5.5 North America Industrial Power Rental Systems Market by Country
5.6 North America Others Power Rental Systems Market by Country
Chapter 6. North America Power Rental Systems Market by Country
6.1 US Power Rental Systems Market
6.1.1 US Power Rental Systems Market by Application
6.1.2 US Power Rental Systems Market by End Use
6.2 Canada Power Rental Systems Market
6.2.1 Canada Power Rental Systems Market by Application
6.2.2 Canada Power Rental Systems Market by End Use
6.3 Mexico Power Rental Systems Market
6.3.1 Mexico Power Rental Systems Market by Application
6.3.2 Mexico Power Rental Systems Market by End Use
6.4 Rest of North America Power Rental Systems Market
6.4.1 Rest of North America Power Rental Systems Market by Application
6.4.2 Rest of North America Power Rental Systems Market by End Use
Chapter 7. Company Profiles
7.1 Caterpillar, Inc.
7.1.1 Company Overview
7.1.1 Financial Analysis
7.1.2 Segmental and Regional Analysis
7.1.3 Research & Development Expense
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Product Launches and Product Expansions:
7.2 Atlas Copco AB
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Geographical Expansions:
7.3 Hertz Global Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.4 Ashtead Group PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.5 Cummins, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.6 United Rentals, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Acquisition and Mergers:
7.7 Herc Holdings, Inc. (Herc Rentals, Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Partnerships, Collaborations, and Agreements:
7.7.4.2 Geographical Expansions:
7.8 Aggreko PLC
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.8.4.2 Acquisition and Mergers:
7.8.4.3 Product Launches and Product Expansions:
7.9 Al Faris Group
7.9.1 Company Overview
7.10. Kohler Co.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
7.10.2.3 Acquisition and Mergers:
TABLE 1 North America Power Rental Systems Market, 2016 - 2019, USD Million
TABLE 2 North America Power Rental Systems Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Rental Systems Market
TABLE 4 Product Launches And Product Expansions– Power Rental Systems Market
TABLE 5 Geographical Expansions– Power Rental Systems Market
TABLE 6 Acquisition and Mergers– Power Rental Systems Market
TABLE 7 North America Power Rental Systems Market by Application, 2016 - 2019, USD Million
TABLE 8 North America Power Rental Systems Market by Application, 2020 - 2026, USD Million
TABLE 9 North America Continuous Power - Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Continuous Power - Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Peak Shaving Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Peak Shaving Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Standby Power - Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Standby Power - Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Power Rental Systems Market by End Use, 2016 - 2019, USD Million
TABLE 16 North America Power Rental Systems Market by End Use, 2020 - 2026, USD Million
TABLE 17 North America Government & Utilities Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Government & Utilities Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Construction Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Construction Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Event Management Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Event Management Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Oil & Gas Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 24 North America Oil & Gas Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 25 North America Industrial Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 26 North America Industrial Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 27 North America Others Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 28 North America Others Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 29 North America Power Rental Systems Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Power Rental Systems Market by Country, 2020 - 2026, USD Million
TABLE 31 US Power Rental Systems Market, 2016 - 2019, USD Million
TABLE 32 US Power Rental Systems Market, 2020 - 2026, USD Million
TABLE 33 US Power Rental Systems Market by Application, 2016 - 2019, USD Million
TABLE 34 US Power Rental Systems Market by Application, 2020 - 2026, USD Million
TABLE 35 US Power Rental Systems Market by End Use, 2016 - 2019, USD Million
TABLE 36 US Power Rental Systems Market by End Use, 2020 - 2026, USD Million
TABLE 37 Canada Power Rental Systems Market, 2016 - 2019, USD Million
TABLE 38 Canada Power Rental Systems Market, 2020 - 2026, USD Million
TABLE 39 Canada Power Rental Systems Market by Application, 2016 - 2019, USD Million
TABLE 40 Canada Power Rental Systems Market by Application, 2020 - 2026, USD Million
TABLE 41 Canada Power Rental Systems Market by End Use, 2016 - 2019, USD Million
TABLE 42 Canada Power Rental Systems Market by End Use, 2020 - 2026, USD Million
TABLE 43 Mexico Power Rental Systems Market, 2016 - 2019, USD Million
TABLE 44 Mexico Power Rental Systems Market, 2020 - 2026, USD Million
TABLE 45 Mexico Power Rental Systems Market by Application, 2016 - 2019, USD Million
TABLE 46 Mexico Power Rental Systems Market by Application, 2020 - 2026, USD Million
TABLE 47 Mexico Power Rental Systems Market by End Use, 2016 - 2019, USD Million
TABLE 48 Mexico Power Rental Systems Market by End Use, 2020 - 2026, USD Million
TABLE 49 Rest of North America Power Rental Systems Market, 2016 - 2019, USD Million
TABLE 50 Rest of North America Power Rental Systems Market, 2020 - 2026, USD Million
TABLE 51 Rest of North America Power Rental Systems Market by Application, 2016 - 2019, USD Million
TABLE 52 Rest of North America Power Rental Systems Market by Application, 2020 - 2026, USD Million
TABLE 53 Rest of North America Power Rental Systems Market by End Use, 2016 - 2019, USD Million
TABLE 54 Rest of North America Power Rental Systems Market by End Use, 2020 - 2026, USD Million
TABLE 55 key information – Caterpillar, Inc.
TABLE 56 Key Information –Atlas Copco AB
TABLE 57 key information – Hertz Global Holdings, Inc.
TABLE 58 Key information – Ashtead Group PLC
TABLE 59 key information – Cummins, Inc.
TABLE 60 Key Information – United Rentals, Inc.
TABLE 61 Key Information – Herc Holdings, Inc.
TABLE 62 Key Information – Aggreko PLC
TABLE 63 Key Information – AI Faris Group
TABLE 64 Key information – Kohler Co.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2020, May) Leading Players
FIG 5 Recent strategies and developments: Caterpillar, Inc.
FIG 6 Recent strategies and developments: Herc Holdings, Inc.
FIG 7 Recent strategies and developments: Aggreko PLC
FIG 8 Recent strategies and developments: Kohler Co.