Power Generator Rental Market is expected to reach US$7,087.40 Million by 2025

Pythonholic04 Sep, 2021Business

TMR pegged the global power generation rental market at US$4,131.28 mn in 2016. Exhibiting a CAGR of 6.27% between 2017 and 2025, the market is expected to reach US$7,087.40 mn by the end of 2025. Regionally, the Middle East and Africa held dominance in the global market. Besides this, the market is expected witness lucrative prospects in Asia Pacific. The rising demand from emerging nations in Africa is aiding the market?s expansion in the Middle East and Africa. According to TMR, the Middle East and Africa held nearly 30.51% of the global market in 2017.