Posted 3/4/2024, 11:30:00 AM
Power Rental Market to Reach $14 Billion by 2029, Driven by Emerging Economy Demand
- Power Rental Market expected to reach $14.2 billion by 2029, growing at a CAGR of 5.6% from 2024-2029
- Market growth driven by need for electrification, continuous power supply in emerging economies
- Diesel expected to be largest fuel type segment through 2029
- Peak shaving application segment poised for fastest growth
- Middle East & Africa projected as 2nd fastest growing region behind North America