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 that drives the growth of the global standby rental power market. A standby rental power system is a secondary electrical system that can automatically supply power when the grid power fails by utilizing resources available at the source.
One trend in the market is increasing power purchase agreements. Constant power is a crucial necessity in oil and gas, industrial, and utility sectors. Additionally, one driver in the market is growing power rental industry. The demand for rental power is expected to increase because of growing public infrastructure construction, increasing industrial base, and supply of power to remote areas. Globally, there has been a constant rise in power consumption.

Market Analysis and Insights: Global Standby Rental Power Market
The global Standby Rental Power market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Standby Rental Power market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Standby Rental Power market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Standby Rental Power market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Standby Rental Power market.

Global Standby Rental Power Scope and Market Size
Standby Rental Power market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Standby Rental Power market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Diesel Generators
Gas Generators
Others

Segment by Application
Oil and Gas
Industrial
Utility
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Aggreko
APR Energy
Atlas Copco
Energyst
United Rentals