Insights on the Power Rental Global Market to 2027: Rising Demand for Uninterrupted Power Supply Along With Rapid Industrialization Drives Growth
The "Power Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global power rental market…
In 2021, the global power rental market was worth US$ 17.7 billion. We are constantly monitoring and evaluating the impact of the pandemic on different industries, keeping in mind the uncertainties surrounding COVID-19. The rental of power plants and generators temporarily for the purpose of supplying electricity to industrial units is known as power rental. You get scalable components and functioning power equipment. The purpose of power rental services is to stabilize power grids, provide additional energy to businesses and communities, and to support them. There are increasing instances of unstable power supply from small-scale power grids. Also, there is limited access to main transmission networks. This has prompted the need for rental generators in the manufacturing and utility industries. The market is also being influenced positively by the increasing awareness about the benefits of outsourcing power equipment. The global power rental market report provides an analysis of key trends and forecasts at the regional, national, and global levels through 2022-2027. Businesswire.com: URL