Southeast Asia Power Rental Market Size, Trends, Global Insights Report to 2020: Radiant Insights
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- Date Submitted: 06/15/2016 12:29 AM
- Pages: 4
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Market overview of the power rental market in Southeast Asia
Technavio's market research analyst predicts the power rental market in Southeast Asia to grow at a steady CAGR of around 11% by 2020. Rapid economic development and accelerated investments in various industries have increased the power consumption in Southeast Asia. Due to poor T&D and low power production, the utility sector is unable to meet the rising demand for electricity. This has increased the instances of power blackouts, which in turn drives the need for power rental in this region.
The augmented demand for power from the industrial sector is the key driver for the growth of this market. The need for temporary power supply in the industrial sector is increasing due to the supply-demand gap for electricity. Many industries require a constant power supply to achieve optimum operational capacity and avoid financial losses due to outages. This shortage of electricity has forced the government to introduce short-term initiatives like leasing additional power from different islands and using diesel generators for additional capacity.
View Summary of This Report @ http://www.radiantinsights.com/research/power-rental-market-in-southeast-asia-2016-2020
Competitive landscape and key vendors
The power rental market in Southeast Asia is fragmented due to the presence of numerous small, medium, and large international and regional players. In this market, the vendors that have the capacity to offer generators with capacities ranging from 20 kW to 2,000 kW are expected to gain a competitive edge over their rivals.
Top vendors in this market are -
• Aggreko
• APac
• APR
• Sewatama
• Smart Energy Solutions
The Other prominent vendors in the market include Ashtead, Atlas Copco, and Kohler.
End-user segmentation of the power rental market in Southeast Asia
• Utilities
• Oil and gas sector
• Construction sector
• Industrial sector
In this market study, analysts have estimated the...
Technavio's market research analyst predicts the power rental market in Southeast Asia to grow at a steady CAGR of around 11% by 2020. Rapid economic development and accelerated investments in various industries have increased the power consumption in Southeast Asia. Due to poor T&D and low power production, the utility sector is unable to meet the rising demand for electricity. This has increased the instances of power blackouts, which in turn drives the need for power rental in this region.
The augmented demand for power from the industrial sector is the key driver for the growth of this market. The need for temporary power supply in the industrial sector is increasing due to the supply-demand gap for electricity. Many industries require a constant power supply to achieve optimum operational capacity and avoid financial losses due to outages. This shortage of electricity has forced the government to introduce short-term initiatives like leasing additional power from different islands and using diesel generators for additional capacity.
View Summary of This Report @ http://www.radiantinsights.com/research/power-rental-market-in-southeast-asia-2016-2020
Competitive landscape and key vendors
The power rental market in Southeast Asia is fragmented due to the presence of numerous small, medium, and large international and regional players. In this market, the vendors that have the capacity to offer generators with capacities ranging from 20 kW to 2,000 kW are expected to gain a competitive edge over their rivals.
Top vendors in this market are -
• Aggreko
• APac
• APR
• Sewatama
• Smart Energy Solutions
The Other prominent vendors in the market include Ashtead, Atlas Copco, and Kohler.
End-user segmentation of the power rental market in Southeast Asia
• Utilities
• Oil and gas sector
• Construction sector
• Industrial sector
In this market study, analysts have estimated the...