Boston, MA -- (SBWIRE) -- 01/19/2017 -- Rental power is used to meet peak load demand, base load supply, or as a standby. The need to provide uninterrupted power is a major factor driving the growth of the power rental market. This is because using power rentals is more economical than maintaining a reserve plant, the demand for rental power has risen over time.

Technavio's analysts forecast the global generator rental market for oil and gas industry to grow at a CAGR of 3.53% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global generator rental market for oil and gas industry for 2017-2021. To calculate the market size, the report considers the revenues that are generated from the renting of generators in the oil and gas market.

Get More Details on this Report and a Full Table of Contents at Global Generator Rental Market for Oil and Gas Industry 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Generator Rental Market for Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Aggreko
-APR Energy
-Atlas Copco
-Energyst
-United Rentals

Other prominent vendors

-Altaaqa Global
-Ashtead Group
-Byrne Equipment Rental
-Cummins Power
-Doosan Portable Power
-Hertz Equipment Rental
-Kohler Power
-Sumberdaya Sewatama
-Himoinsa
-APac Energy
-Modern Hiring Service

Market driver

-Constant demand for oil and gas
-For a full, detailed list, view our report

Market challenge

-Increase in alternate energy source
-For a full, detailed list, view our report

Market trend

-Increase in oil and gas upstream investments
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Aggreko, APR Energy, Atlas Copco, Energyst, United Rentals, Altaaqa Global, Ashtead Group, Byrne Equipment Rental, Cummins Power, Doosan Portable Power, Hertz Equipment Rental, Kohler Power, Sumberdaya Sewatama, Himoinsa, APac Energy,, Modern Hiring Service

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