Global Power Rental Market Analysis and Forecasts, 2024-2034: Uninterrupted Power Supply and Business Continuity Demands Fueling Adoption [Yahoo! Finance]
Cummins Inc. (CMI)
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Source: Yahoo! Finance
Type, Equipment, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering. The global power rental market is experiencing significant growth, driven by a multitude of factors and market drivers. In an optimistic scenario, the market is valued at $11.34 billion in 2024 and is projected to grow at a CAGR of 6.03% to reach $20.36 billion by 2034 A primary catalyst for this growth is the escalating demand for reliable and flexible power solutions in various sectors, particularly during emergencies and critical situations. Power rental systems play a pivotal role in meeting the increasing need for rapid deployment of temporary power infrastructure among organizations, governments, and communities. This demand is propelled by industries such as construction, events, utilities, and disaster recovery, recognizing the importance of uninterrupted power supply during emergencies and planned outages. The increasing awareness of the necessity
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CMI
Earnings
- 5/2/24 - Beat
CMI
Sec Filings
- 5/24/24 - Form 4
- 5/24/24 - Form 11-K
- 5/23/24 - Form 4
- CMI's page on the SEC website