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Global Mobile Power Generation Equipment Rentals Industry, Forecast 2024 - Industry to Grow by USD 1.50 Billion Over 2020-2024 | TechnavioThe new mobile power generation equipment rentals market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201127005183/en/ Technavio has announced its latest market research report titled Global Mobile Power Generation Equipment Rentals Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the mobile power generation equipment rentals market.
"One of the primary growth drivers for this market is the Demand for Emergency Power during Natural Disasters," says a senior analyst for the Industrials industry at Technavio. The increasing demand for emergency power during natural disasters is also a significant factor influencing mobile power generation equipment rentals market growth. Rising incidence of natural disasters owing to global warming has been significantly contributing to grid failures, which results in power outages in affected regions. Vendors have capitalized in this scenario and have started providing mobile power generation equipment on rent. During such events, mobile power generation equipment plays a crucial role as backup solutions for continuous power supply, especially to hospitals and safe resort centers. Such factors will contribute to the growth of the market during the forecast period. As the markets recover Technavio expects the mobile power generation equipment rentals market size to grow by USD 1.50 billion during the period 2020-2024. Mobile Power Generation Equipment Rentals Market Segment Highlights for 2020
Click here to learn about report detailed analysis and insights on how you can leverage them to grow your business. Related Reports on Industrials Include: Global Mobile Crane Market: The mobile crane market size has the potential to grow by USD 1.39 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Global Telecom Power Solutions Market: The telecom power solutions market size has the potential to grow by USD 2.42 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes! Notes:
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