UK POWER RENTAL MARKET TO GROW FROM $303 MILLION TO $429 MILLION BY 2029; INDUSTRY INSIGHTS, TRENDS & COMPETITIVE ANALYSIS - ARIZTON

CHICAGO, March 9, 2023 /PRNewswire/ -- According to Arizton's latest research report, the UK power rental market will grow at a CAGR of 5.12% from 2022-2029.

TO KNOW MORE, DOWNLOAD THE FREE SAMPLE REPORT NOW: https://www.arizton.com/request-sample/3742

The UK government allocated USD 104 million to Able Marine Energy Park on the south bank of the River Humber, USD 27 million to the Tees Works offshore Manufacturing Center on the River Tees, and USD 32 million to be invested in biomass production in 2022. A budget of USD 5 million has been set aside to support cutting-edge technology that produces hydrogen from biomass. The UK power rental market will be driven by rental models, equipment, and a more dependable rental process due to the government's infrastructure investment.

UK POWER RENTAL MARKET REPORT SCOPE

Report Attributes	Details
Market Size (2029)	USD 429.8 Million
Market Size (2022)	USD 303.1 Million
CAGR (2022-2029)	5.12 %
Historic Year	2020-2021
Base Year	2022
Forecast Year	2023-2029
Market Segments	Fuel, Power Rating, Equipment, End-User, and Application
End-Users	Construction, Retail, Oil & Gas, Mining, Events, Utilities, IT & Data Center, Manufacturing, and Others
Market Dynamics	Policies By UK Government for Energy Transition to Drive the Rental Fleet Demand  Demand For Rental Equipment Backed by Infrastructure Investments by Government  Renewable Energy Projects to Drive Demand for Rental Equipment