Singapore Genset Rental Market Outlook (2020-2026) | Revenue, Companies, Size, Trends, Share, Analysis, COVID-19 IMPACT, Industry, Forecast, Growth & Value

Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape

Product Code: ETC160010	Publication Date: Feb 2022	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 80	No. of Figures: 12	No. of Tables: 4

Singapore Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The Singapore Genset Rental market outlook report provides an unbiased and detailed analysis of the Singapore Genset Rental market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Singapore Genset Rental Market Synopsis

To provide backup power support to critical industrial processes and mega infrastructure development projects, the demand for rental gensets witnessed a spike in recent years and revenues grew at a moderate rate during the period. However, a downfall in revenues is expected during 2020 due to the coronavirus outbreak and the measures adopted to curtail its spread. However, the Covid-19 pandemic had slowed down the market in terms of the supply of the product during 2020. While on the other hand, the demand-side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.

Singapore Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, Singapore Genset Rental Market size is expected to grow at a CAGR of 12.0% during 2020-2026. Resumption of economic activity and projects such as High-Speed Rail between Singapore and Kuala Lumpur, the Tuas mega port, and Changi Airport Terminal 5 would increase the demand for rental gensets in the country during the forecast period, and thus the Genset rental market revenues are anticipated to grow over the coming years.

Market Analysis By Types

Huge consumer preference for diesel gensets and low price & easy availability of diesel as compared to natural gas led diesel gensets to dominate the market revenues in Singapore during the year 2019 and would continue to lead the market over the coming years as well.

Singapore Genset Rental Market Outlook (2020-2026)

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2016 to 2019.
Base Year: 2019
Forecast Data until 2026.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

Singapore Genset Rental Market Overview
Singapore Genset Rental Market Outlook
Singapore Genset Rental Market Forecast
Historical data & Forecast of Singapore Genset Rental Market Revenues for the Period 2016-2026F
Historical data & Forecast of Singapore Genset Rental Market Revenues, By Types, for the Period 2016-2026F
Historical data & Forecast of Singapore Genset Rental Market Revenues, By kVA Rating, for the Period 2016-2026F
Historical data & Forecast of Singapore Genset Rental Market Revenues, By Applications, for the Period 2016-2026F
Historical data & Forecast of Singapore Genset Rental Market Revenues, By Prime Applications, for the Period 2016-2026F
Historical data & Forecast of Singapore Genset Rental Market Revenues, By Verticals, for the Period 2016-2026F
Singapore Genset Rental Market Drivers and Restraints
Singapore Genset Rental Market Trends and Industry Life Cycle
Porter’s Five Force Analysis
Singapore Genset Rental Market Opportunity Assessment
Singapore Genset Rental Market Player’s Revenue Shares
Market Competitive Benchmarking
Company Profiles
Key Strategic Recommendations