Dublin, March 29, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/n57gs8/power_rental) has announced the addition of the "Power Rental Global Contracts & Deals Analysis 2011 to 2015, by Fuel (Diesel, Gas), By Application (Peak Shaving, Standby Power, Base Load), by End-Use (Utilities, Oil & Gas, Industrial, Construction, Mining, Events), by Power Rating & by Region" report to their offering.

Global power rental contracts and agreements grew by 26% in 2015. This growth is attributed to continued growth of constructional & developmental activities and increasing demand-supply gap of electric power in emerging economies.

The report segments global power rental contracts and deals on the basis of its strategy, which include contracts and agreements, investments and expansions, mergers and acquisitions, strategic alliances & joint ventures, and product portfolio expansions. Contracts and agreements held the largest development share as they are the most sought after strategy among power rental companies. Contracts and agreements help companies in strengthening their financial position in the power rental market and increase brand value, thereby creating more opportunities to grow at the regional level.

Investments and expansions held the second largest development share as this strategy helps power rental companies to grab any immediate opportunities at local and regional levels. Such sudden opportunities include power cuts due to blackouts and power cuts due to natural disasters such as earthquakes, hurricanes, and tsunami. Expansions at local and regional levels also help rental companies to compete with regionally dominant players, in terms of immediate fleet availability and reliability. The investments and expansions strategy can be adopted to grab opportunities such as planned events and utility level contracts for backup, peak loading, and standby power applications. For instance, Aggreko Plc. (U.K.) opened its service center in Cape Town to support oil & gas industries located in the vicinity along with the businesses operating in and around Cape Town's central business district.

Factors such as continued growth of constructional and developmental activities and increasing demand-supply gap of electric power in emerging economies are driving the growth of power rental contracts and deals for all global as well as regional level players. The main challenge is due to the increase in off grid renewable energy generation. Deals of global players are also affected due to intense competition from regional level players.

Major players in the power rental market, based on their developments, include Aggreko plc. (U.K.), Caterpillar Inc. (U.S.), APR Energy plc. (U.S.), Ashtead Group Plc. (U.K.), and Cummins Inc. (U.S.). These players are trying to penetrate into emerging economies through various strategies such as contracts and agreements, investments and expansions, and mergers & acquisitions to increase market shares in these regions.

Scope of the Report:

On the basis of Contracts & Agreements:

- New Contracts
- Capacity Addition
- Contract Extension
- Agreements

On the basis of Product Portfolio Expansion:

- Power Rating
- Fuel Type

Companies Mentioned

- APR Energy PLC.
- Aggreko PLC.
- Altaaqa Global
- Americas Generators
- Arabian Equipment Rentals
- Ashtead Group PLC.
- Atlas Copco AB.
- Bredenoord Exploitatiemij B.V.
- Bryne Equipment Rental LLC.
- Caterpillar Inc.
- Cummins Inc.
- Drumco Energy Inc.
- Enerco-Tamimi Power & Industrial Group
- GAL Power Systems Ltd.
- Generac Power Systems, LLC
- Hertz Corporation
- Jubaili Bros. LLC
- Kohler Co. Inc.
- Loue Froid Inc.
- Mohamed ABdulrahman Al-Bahar
- Multiquip Inc.
- Nour Energy
- Peax Equipment Rental
- Power Electrics (Bristol) Limited
- Rental Solutions & Services LLC
- Sakr Power Group
- Simplex Equipment Rental Inc.
- Smart Energy Solutions.
- Soenergy International Inc.
- Speedy Hire PLC.
- Taylor Power Systems Inc.
- United Rentals Inc.
- Wajax Power Systems Ltd.
- Wracker Neuson

For more information visit http://www.researchandmarkets.com/research/n57gs8/power_rental

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