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.