Market Overview:
The global power rental accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for power rental accessories in various applications such as Application I and II. North America is expected to hold the largest share of the global power rental accessories market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness highest growth rate during the forecast period owing to rapid industrialization and urbanization in countries such as China and India.
Product Definition:
Power rental accessories are used to provide power to equipment during an event or job. They are important because they allow the equipment to function properly.
Fuel Accessories:
Fuel accessories are the supplementary devices or equipment that are used to enhance, modify or operate the function of a particular fuel. The main objective of these products is to improve efficiency and performance. Fuel accessories can be classified into injectors, pumps & compressors, filters & gauges and others (pistons, plugs).
The global fuel accessories market size was valued at USD 7.5 billion in 2016.
Power Accessories:
Power accessories are the devices that are used to supply power to the equipment or machinery. They can be classified into two types on the basis of their usage: Power rental and power purchased. The power rented includes portable generators, which is consumed by a customer during a specific time period and then returns back to the source; whereas, power purchased refers to products such as drills, saws, compressors etc., which an individual keeps for personal use.
Application Insights:
Application I is anticipated to be the fastest-growing segment over the forecast period. The growth can be attributed to growing demand for equipment in construction, mining and oil & gas sectors. Application II includes industrial applications such as food and beverage, chemical, paper and pulp among others. Equipment in these industries require large power capacities owing to heavy-duty operations involved.
The global market has been further categorized into two applications namely Application I with a share of 55% in 2017 and Application II with a share of 45%. The demand for equipment is high in construction industry as it requires huge electrical capacities for various operations including drilling machines along with other auxiliary systems used on building sites or at residential complexes or commercial places like offices or factories etc., Rental companies are offering free trial periods wherein customers can try before they buy which is expected to boost the overall industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in various infrastructure development projects, such as smart cities and renewable energy plants, by governments of emerging economies such as China and India. For instance, in 2016, China’s State Power Investment Corporation (SPIC) had signed power purchase agreements with solar companies for buying their electricity at USD X per kilowatt hour.
North America accounted for a significant revenue share in 2017 owing to early adoption of technologies across various industries coupled with high disposable income of consumers especially in countries like U.S., Canada and Mexico that have a higher GDP per capita than most developing nations worldwide including South Africa and Brazil among others).
Growth Factors:
- Increasing demand for power rental services from the construction and infrastructure sectors
- Rapid growth in the number of data centers and telecommunications towers across the globe
- Proliferation of electric vehicles and renewable energy sources, which is expected to drive up demand for power rental accessories
- Rising concerns over grid reliability and security, especially in developed countries
- Growing awareness about the benefits of using power rental accessories among businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Rental Accessories Market Research Report
By Type
Fuel Accessories, Power Accessories
By Application
Application I, Application II
By Companies
Aggreko, Atlas Copco, Caterpillar, Energyst, Sunbelt Rentals, Altaaqa Global, APac Energy Rental, APR Energy, Ashtead Group, BPC Power Rentals, Byrne Equipment Rental, Crestchic, Cummins Power Generation, Herc Rentals, HIMOINSA, Kohler, Red-D-Arc, PT Sumberdaya Sewatama, United Rentals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Power Rental Accessories Market Report Segments:
The global Power Rental Accessories market is segmented on the basis of:
Types
Fuel Accessories, Power Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Application I, Application II
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aggreko
- Atlas Copco
- Caterpillar
- Energyst
- Sunbelt Rentals
- Altaaqa Global
- APac Energy Rental
- APR Energy
- Ashtead Group
- BPC Power Rentals
- Byrne Equipment Rental
- Crestchic
- Cummins Power Generation
- Herc Rentals
- HIMOINSA
- Kohler
- Red-D-Arc
- PT Sumberdaya Sewatama
- United Rentals
Highlights of The Power Rental Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fuel Accessories
- Power Accessories
- By Application:
- Application I
- Application II
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Rental Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Power rental accessories are items that can be used to increase the power of a power tool. This can include things like extension cords, adapters, and batteries.
Some of the key players operating in the power rental accessories market are Aggreko, Atlas Copco, Caterpillar, Energyst, Sunbelt Rentals, Altaaqa Global, APac Energy Rental, APR Energy, Ashtead Group, BPC Power Rentals, Byrne Equipment Rental, Crestchic, Cummins Power Generation, Herc Rentals, HIMOINSA, Kohler, Red-D-Arc, PT Sumberdaya Sewatama, United Rentals.
The power rental accessories market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Rental Accessories Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Power Rental Accessories Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power Rental Accessories Market - Supply Chain
4.5. Global Power Rental Accessories Market Forecast
4.5.1. Power Rental Accessories Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Rental Accessories Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Rental Accessories Market Absolute $ Opportunity
5. Global Power Rental Accessories Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Power Rental Accessories Market Size and Volume Forecast by Type
5.3.1. Fuel Accessories
5.3.2. Power Accessories
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Rental Accessories Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Power Rental Accessories Market Size and Volume Forecast by Application
6.3.1. Application I
6.3.2. Application II
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Rental Accessories Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Power Rental Accessories Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Power Rental Accessories Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Power Rental Accessories Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Power Rental Accessories Demand Share Forecast, 2019-2026
9. North America Power Rental Accessories Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Power Rental Accessories Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Power Rental Accessories Market Size and Volume Forecast by Application
9.4.1. Application I
9.4.2. Application II
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power Rental Accessories Market Size and Volume Forecast by Type
9.7.1. Fuel Accessories
9.7.2. Power Accessories
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Power Rental Accessories Demand Share Forecast, 2019-2026
10. Latin America Power Rental Accessories Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Power Rental Accessories Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Power Rental Accessories Market Size and Volume Forecast by Application
10.4.1. Application I
10.4.2. Application II
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power Rental Accessories Market Size and Volume Forecast by Type
10.7.1. Fuel Accessories
10.7.2. Power Accessories
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Power Rental Accessories Demand Share Forecast, 2019-2026
11. Europe Power Rental Accessories Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Power Rental Accessories Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Power Rental Accessories Market Size and Volume Forecast by Application
11.4.1. Application I
11.4.2. Application II
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Rental Accessories Market Size and Volume Forecast by Type
11.7.1. Fuel Accessories
11.7.2. Power Accessories
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Power Rental Accessories Demand Share, 2019-2026
12. Asia Pacific Power Rental Accessories Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Power Rental Accessories Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Power Rental Accessories Market Size and Volume Forecast by Application
12.4.1. Application I
12.4.2. Application II
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power Rental Accessories Market Size and Volume Forecast by Type
12.7.1. Fuel Accessories
12.7.2. Power Accessories
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Power Rental Accessories Demand Share, 2019-2026
13. Middle East & Africa Power Rental Accessories Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Power Rental Accessories Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Power Rental Accessories Market Size and Volume Forecast by Application
13.4.1. Application I
13.4.2. Application II
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power Rental Accessories Market Size and Volume Forecast by Type
13.7.1. Fuel Accessories
13.7.2. Power Accessories
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Power Rental Accessories Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Rental Accessories Market: Market Share Analysis
14.2. Power Rental Accessories Distributors and Customers
14.3. Power Rental Accessories Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aggreko
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atlas Copco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Caterpillar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Energyst
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sunbelt Rentals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Altaaqa Global
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. APac Energy Rental
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. APR Energy
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ashtead Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BPC Power Rentals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Byrne Equipment Rental
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Crestchic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cummins Power Generation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Herc Rentals
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. HIMOINSA
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kohler
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Red-D-Arc
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. PT Sumberdaya Sewatama
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. United Rentals
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
