Power Rental Market To Register Significant Growth Globally By 2030
Power Rental Market Analysis: Market Research Future (MRFR) predicts the global Power Rental Market to grow at 8.2% CAGR, from 2022 to 2030 (forecast period). COVID-19 Impact on the Worldwide Power Rental Market The global COVID-19 crisis in the first half of 2020 led several countries to go into quarantine. All non-essential operations have been halted since governments and local authorities set strict instructions. The stoppage of end-user operations had an adverse impact on the power rental sector. Moreover, while end-user sectors continue to operate at less than full capacity, production, and supply chain delays are predicted to provide a short-term challenge to the power rental industry. Several enterprises, Nevertheless, have turned this crisis into an opportunity to provide societal services. Cummins, for instance, has transformed its air filter manufacturing factory into a respirator (filtration material for face masks) manufacturing unit. Request For S...