Friday, October 7, 2016
The Thriving Market of Different Types of Power-Generation Equipment Rentals and Services
The demand for power generation equipment
on rent has witnessed an appreciable surge in the recent past. Especially,
people residing in geographical locations in the Middle East, Asia Pacific and
Africa have been among the major consumers of these equipment. This is because
of myriad power related problems in these regions, such as load shedding, grid
instability, unavailability of power for a short or long term, and so on.
Several other important factors such as seasonal demands,
construction activities, occasional requirements, etc also contribute
appreciably to the power rental market. If you are residing in any of these
locations or run the requirement for construction or other purpose, it is
important to know the type of power generation equipment that could suit your
motive in the best way. Here is a quick summary of the types of power generation
equipment available.
Types of Rental
Power Generators
Diesel Generators: Depending on your suitability, you may rent or hire these
power generators from various brands. Different units are available with
distinct features such as quietech sound reduction, lockable storage box, delta
demand excitation, sophisticated sound absorbing technology, prime output
ranging between 25 kVA to 400kVA and more.
Diesel/NG
Generators: As you may
infer, these generators use either diesel or its combination with natural gas
to generate power. This makes way for lower operational costs and appreciably
savings on fuel consumption as compared to the diesel generators. You can
choose Hybrid Diesel / Natural Gas Generator with prime output ranging from
63kVA to 150 kVA depending on the model.
On a full load prior to refueling, these generators can run up to around
50 hours.
NG/LPG
Generators: Equipped to run
on LPG or Natural Gas fuels, these are more reliable, flexible and
environmentally safepower sources. The generator uses PSI-HD and a radiator
cooled gaseous engine that adheres to the existing Environmental Protection
Agency (EPA) regulations. Depending on the model, it generates prime output of
164kVA and 227 kVA.
Besides, you can also rent Paralleling Systems or Power Distribution Panels of renowned brands from reputed service
providers. While the former is best synchronizing multiple generators, the
latter is ripe for managing the electrical requirements of any jobsite.
A profitable business
prospect
All these
power-generation equipment rentals and the companies offering these rental
services altogether account for a thriving market. As per a recent report the
power rental market is expected to thrive at a CAGR of 12.9%, i.e., from $11.6
billion in 2015 to $21.3billlion by 2020, which is phenomenal.