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Asia Pacific Power Rental Market Size
- Report ID: GMI8881
- Published Date: Apr 2024
- Report Format: PDF
Asia Pacific Power Rental Market Size
Asia Pacific Power Rental Market was valued at USD 3.03 billion in 2023 and is estimated to grow at a CAGR of 4.9% from 2024 to 2032. Burgeoning expansion of data centers and rising cost of unplanned outages along with heavy dependency on constant communication and information sharing is increasing the rental adoption of gensets.
Power rental refers short-term provision of electrical power generation equipment to businesses, industries, events, or individuals. This service is typically utilized when there is a need for additional power beyond what is available from the existing electrical grid or in situations where the grid power is unreliable or unavailable. The key products involved include generator sets, load banks, electrical distribution system and other related equipment.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Asia Pacific Power Rental Market Size in 2023: | USD 3.03 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 4.9% |
| 2032 Value Projection: | USD 4.7 Billion |
| Historical Data for: | 2019 - 2023 |
| No. of Pages: | 125 |
| Tables, Charts & Figures: | 306 |
| Segments covered: | Power Rating, Fuel, End Use, Application & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Asia Pacific Power Rental Market Scope
