SELBYVILLE, Del., June 21, 2021 /PRNewswire/ — The power rental market value is projected to cross USD 16 billion by 2027, as reported in the latest study by Global Market Insights Inc. Rising uptake of mega projects in different locations by numerous end users comprising electric utilities, mining, marine, and manufacturing industries amongst others is set to stimulate the product deployment. Quick service allocation and beneficial renting schemes by manufacturers along with growing challenges in transportation of entire equipment setup from one place will ensure deployment of power rental units.

Frequent blackouts and brownouts driven by aging distribution and transmission lines and recurring natural disasters will positively influence the power rental industry outlook. Moreover, the rapid expansion of commercial spaces including supermarkets, hotels, malls, and other public…

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