Blogs
on June 23, 2022
Europe Power Rental Market Overview
Growing constructions sector coupled with rising FDI in the manufacturing and oil & gas exploration and production activities has propelled the demand for uninterrupted power supply in the region resulting in a surge in Europe Power Rental market revenues. Various government initiatives such as “Horizon 2020”, “Trans-European Energy Infrastructure” etc. have accelerated the infrastructural development projects which would result in an exponential growth in the European power rental market in the coming years. Additionally, increasing power loss due to the inefficient grid infrastructure has further augmented the market for power rental systems.
According to 6Wresearch, Europe Power Rental Market size is expected to register significant growth during 2019-2025. Germany and the United Kingdom are the leading revenue-generating countries in the Europe power rental market primarily due to the boom in construction activities majorly in the non-residential sectors. Major mega projects such as “Node Stream 2 for the gas pipeline”, “Birmingham Spur HS2 Line: high-speed rail project” etc. require an uninterrupted power supply which would trigger the growth for power rental systems in the forthcoming years
The power rental market in Europe is classified in different ways such as construction, mining, data center oil & gas. The utility includes power rental and multiple operations for utility companies and by the government. In the peak demand period, the high demand of the power rental solution. The Europe power rental market is expected to register sound market growth in the coming years owing to the substantial growth of the construction industry coupled with a surge in the investments in the IT and communications industry which is leading to an increased deployment of more energy sufficient products. Also, rising urbanization in the developed and developing economies across the European region is increasing the energy consumption demand in the residential domain and is expected to drive the significant revenue growth of the Europe power rental market in the upcoming six years and provide vast growth prospects to the potential investors.
Key Highlights of the Report:
- Europe Power Rental Market Overview
- Europe Power Rental Market Outlook
- Europe Power Rental Market Forecast
- Company Profiles
- Key Strategic Recommendations
- Market Drivers and Restraints
- Europe Power Rental Market Share, By Regions
- Europe Power Rental Market Share, By Players
- Europe Power Rental Market Overview on Competitive Benchmarking
- Europe Power Rental Market Trends and Industry Life Cycle
- Europe Power Rental Market Size and Forecast of Revenues, Until 2025
About Us-
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best-in-class business research and consulting activity. We provide industry research reports and consulting services across different industries and geographies which provide industry players an in-depth coverage and help them in decision-making before investing or entering into a particular geography.
Contact Us: Phone: +911143024305 | Email Id: [email protected]
Posted in: Business