The power rental is defined as the revenue generated either through renting out generators, load banks, and pumps or revenue earned from a temporary power plant. In case of the former, a power rental company can earn revenue from renting out power equipment, while in case of the latter, a power rental company builds and maintains a temporary power plant and charges the users on the basis of duration, capacity build, and electricity units supplied. Compressor Rental: A compressor is a device, which converts power into potential energy in the form of compressed air. The energy stored in the compressed air can be used for many applications across industries such as construction, mining, oil & gas, power, and chemical among others. Many industries choose to use rental compressors instead of buying one, as different types of compressors are required for a specific work. Air compressors are rented by the day, week, or month
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.