Product Code: ETC4530927 | Publication Date: Jul 2023 | Updated Date: Mar 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The power rental market in Malaysia has been expanding due to its crucial role in ensuring uninterrupted electricity supply during emergencies or planned outages. This market caters to a wide range of industries, including construction, events, manufacturing, and healthcare. The need for temporary power solutions has grown as businesses and organizations prioritize operational continuity. Malaysia thriving construction sector and the periodic occurrence of natural disasters have further fueled the demand for power rental services. The Malaysia power rental market is expected to remain resilient and adaptable to various industries` needs.
The power rental market in Malaysia is primarily driven by a surge in demand for temporary power solutions in various industries. Factors such as rapid urbanization, industrialization, and an increasing number of construction projects necessitate reliable and flexible power sources. Additionally, the need for backup power during emergencies, grid failures, or planned maintenance activities further fuels the demand for power rental services. The market is also influenced by the cost-effectiveness and reduced capital expenditure associated with renting power equipment as opposed to purchasing.
The Malaysia power rental market confronts challenges related to the unpredictability of power demand. Responding to varying power needs and ensuring that rental equipment is readily available can be complex. The market must also adapt to environmental concerns and emissions regulations, which may require the use of cleaner and more efficient rental power solutions.
The COVID-19 pandemic had a mixed impact on the Malaysia power rental market. On one hand, industries experienced disruptions and reduced operations, leading to a temporary decline in the demand for rental power solutions. Sectors like events, construction, and manufacturing, which are major users of power rental services, faced restrictions and slowdowns. On the other hand, the pandemic highlighted the importance of reliable and backup power sources, especially in critical sectors like healthcare and essential services. This created opportunities for the power rental market to support emergency response efforts. As industries resume operations and prioritize business continuity, the power rental market is expected to gradually recover and witness steady growth in the post-pandemic period.
The power rental market in Malaysia is a dynamic sector, driven by the increasing demand for reliable and uninterrupted power supply across various industries. Leading Players in this market include established companies like Aggreko, Caterpillar Inc., and United Rentals. These companies have a strong presence in the region, offering a wide range of temporary power solutions, including generators, transformers, and load banks. Additionally, local players such as Sime Darby Industrial and Serba Dinamik Holdings have also gained prominence in the market, contributing to the competitive landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Power Rental Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Power Rental Market Revenues & Volume, 2023 & 2028F |
3.3 Malaysia Power Rental Market - Industry Life Cycle |
3.4 Malaysia Power Rental Market - Porter's Five Forces |
3.5 Malaysia Power Rental Market Revenues & Volume Share, By Fuel Type, 2023 & 2028F |
3.6 Malaysia Power Rental Market Revenues & Volume Share, By Equipment, 2023 & 2028F |
3.7 Malaysia Power Rental Market Revenues & Volume Share, By Power Rating, 2023 & 2028F |
3.8 Malaysia Power Rental Market Revenues & Volume Share, By Application, 2023 & 2028F |
3.9 Malaysia Power Rental Market Revenues & Volume Share, By End User, 2023 & 2028F |
4 Malaysia Power Rental Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Power Rental Market Trends |
6 Malaysia Power Rental Market, By Types |
6.1 Malaysia Power Rental Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Power Rental Market Revenues & Volume, By Fuel Type, 2020 - 2028F |
6.1.3 Malaysia Power Rental Market Revenues & Volume, By Diesel, 2020 - 2028F |
6.1.4 Malaysia Power Rental Market Revenues & Volume, By Natural Gas, 2020 - 2028F |
6.2 Malaysia Power Rental Market, By Equipment |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Power Rental Market Revenues & Volume, By Generators, 2020 - 2028F |
6.2.3 Malaysia Power Rental Market Revenues & Volume, By Transformers, 2020 - 2028F |
6.2.4 Malaysia Power Rental Market Revenues & Volume, By Load Banks, 2020 - 2028F |
6.3 Malaysia Power Rental Market, By Power Rating |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Power Rental Market Revenues & Volume, By Up to 50 kW, 2020 - 2028F |
6.3.3 Malaysia Power Rental Market Revenues & Volume, By 51�500 kW, 2020 - 2028F |
6.3.4 Malaysia Power Rental Market Revenues & Volume, By 501-2500 kW, 2020 - 2028F |
6.3.5 Malaysia Power Rental Market Revenues & Volume, By Above 2500 kW, 2020 - 2028F |
6.4 Malaysia Power Rental Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Power Rental Market Revenues & Volume, By Standby power, 2020 - 2028F |
6.4.3 Malaysia Power Rental Market Revenues & Volume, By Peak shaving, 2020 - 2028F |
6.4.4 Malaysia Power Rental Market Revenues & Volume, By Base load/ continuous power, 2020 - 2028F |
6.5 Malaysia Power Rental Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Malaysia Power Rental Market Revenues & Volume, By Utilities, 2020 - 2028F |
6.5.3 Malaysia Power Rental Market Revenues & Volume, By Oil & gas, 2020 - 2028F |
6.5.4 Malaysia Power Rental Market Revenues & Volume, By Construction, 2020 - 2028F |
6.5.5 Malaysia Power Rental Market Revenues & Volume, By Manufacturing, 2020 - 2028F |
6.5.6 Malaysia Power Rental Market Revenues & Volume, By Metal & Mining, 2020 - 2028F |
6.5.7 Malaysia Power Rental Market Revenues & Volume, By IT and Data centers, 2020 - 2028F |
7 Malaysia Power Rental Market Import-Export Trade Statistics |
7.1 Malaysia Power Rental Market Export to Major Countries |
7.2 Malaysia Power Rental Market Imports from Major Countries |
8 Malaysia Power Rental Market Key Performance Indicators |
9 Malaysia Power Rental Market - Opportunity Assessment |
9.1 Malaysia Power Rental Market Opportunity Assessment, By Fuel Type, 2023 & 2028F |
9.2 Malaysia Power Rental Market Opportunity Assessment, By Equipment, 2023 & 2028F |
9.3 Malaysia Power Rental Market Opportunity Assessment, By Power Rating, 2023 & 2028F |
9.4 Malaysia Power Rental Market Opportunity Assessment, By Application, 2023 & 2028F |
9.5 Malaysia Power Rental Market Opportunity Assessment, By End User, 2023 & 2028F |
10 Malaysia Power Rental Market - Competitive Landscape |
10.1 Malaysia Power Rental Market Revenue Share, By Companies, 2023 |
10.2 Malaysia Power Rental Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |