Albany, NY -- (SBWire) -- 09/23/2015 --Rental power plays a crucial role in bridging this gap. The most common rental equipment are diesel and gas generators. These are useful during peak hours or in remote locations where power network is not available. Power rental is more economical than using a reserve plant, leading to increased demand for rental power.
Research forecast the Power Rental Market in the Middle East to grow at a CAGR of 18.8% over the period 2014-2019. The report covers the current scenario and growth prospects of the power rental market in the Middle East for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of various types of power generators, including:
Diesel generators
Gas generators
Hybrid generators
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Technavios report, Power Rental Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. It also covers the landscape of the power rental market in Middle East and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Key vendors:
Aggreko
Altaaqa Global
Apr Energy
Bryne Equipment Rental
Cummins
Browse report details at: http://www.researchmoz.us/power-rental-market-in-middle-east-2015-2019-report.html
Other prominent vendors
ENERCO
Hertz Equipment Rental
Jubaili Bros
Peax Equipment Rental
Rental Solutions & Services (rss) Saudi
Sakr Power Group
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NEWS Report: Power Rental Market in the Middle East to Grow at a CAGR of 18.8% over the Period 2014-2019
Power has become a basic necessity. Continuous and reliable power is essential for the development of a country. As the country's economy grows, there is an increase in population, infrastructural activities, and industrialization, leading to increase in requirement for power. But due to certain factors like poor maintenance and lack of investment in the power sector, there is still shortage of power across the globe.