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Asia Pacific Power Rental Market Trends

Report ID: GMI8881
Published Date: Apr 2024
Report Format: PDF

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Asia Pacific Power Rental Market Trends

Sizeable investments to reinforce the ongoing infrastructural expansion and industrialization have led to an augmented growth of the rental generator sets industry. Several government-supported plans across key economies for the expansion of infrastructure will significantly foster the deployment of these units. The government initiatives to excel the digitalization is further set to foster the industry statistics. Ongoing adoption of smart models to experience the growth followed by key in operation excellence will propel the business scenario.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Asia Pacific market for power rental was reached USD 3.03 billion in 2023 and is set to grow at 4.9% CAGR till 2032, driven by burgeoning expansion of data centers and rising cost of unplanned outages.

The ? 75 kVA rated power rating segment in the Asia Pacific power rental industry held a decent revenue share in 2023 and will exceed USD 1.2 billion by 2032, driven by increasing power failures, aging grid infrastructure, and intensifying natural disasters.

India power rental market is set to surpass USD 700 million by 2032, driven by the rising demand for consistent & reliable power supply.

Aggreko, Al Faris Group, APR Energy, Ashtead Group plc., Brede Noord, Byrne Equipment Rental, Caterpillar among others.