According to Global Markets, a leading global market research and consulting firm, the rising demand for electricity is expected to significantly drive growth in the power leasing industry. It is projected that by 2020, the global power equipment rental market will see its revenue increase from $4 billion (approximately 24.5 billion yuan) in 2012 to $8.5 billion (around 52 billion yuan), reflecting a compound annual growth rate of 10.2%. This upward trend highlights the increasing reliance on rented power solutions as energy needs continue to rise.
Currently, the United States holds the largest share of the global electric equipment rental market at 19%, followed closely by China with an 18% market share. Despite this, China has set its sights on becoming the leading player in the power rental market by 2020. The country aims to boost its market share by 17%, with revenue growing from $720 million (about 4.4 billion yuan) in 2013 to $1.4 billion (approximately 8.6 billion yuan) by 2020. This ambitious goal underscores the strong potential of the Chinese market in the coming years.
Roy, an analyst at Global Data, notes that the future expansion of the electricity rental market will largely be driven by the surge in global electricity consumption. In 2000, global electricity use was around 13,044 TWh, and by 2030, it is expected to more than double to 27,496 TWh. Additionally, many countries still have underdeveloped transmission and distribution networks. For instance, in China, where power generation efficiency remains low, end-users often turn to power leasing as a more flexible and cost-effective solution. This dynamic is expected to fuel further development in the power leasing sector.
Global Data Corporation also pointed out that some customers are not fully aware of the advantages of leasing power equipment, which makes them hesitant to invest in purchasing their own units. This lack of awareness presents a challenge for market growth. Furthermore, strict regulations on gas emissions, particularly targeting diesel generators, have posed difficulties for the power rental industry. However, the recent introduction of natural gas-powered equipment has provided a cleaner and more sustainable alternative. With lower emissions and growing popularity, these advancements have helped mitigate previous concerns, making the market more attractive for both providers and users.
Angle Valves
Globe Valves and angle valves are designed for throttling or regulating flow in commercial and industrial applications. Bronze, cast iron, or cast ductile iron materials. Threaded, flanged, or solder end connections.
Angle valves for use in commercial and industrial applications. Typical services include hot and cold water, HVAC, steam, compressed air, gas and other general utility services.
Vacuum angle valve is used for turn on or shut off the airflow in the vacuum pipeline, the applicable media is air and non-corrosive gases.
It has two structures, one is angle type and another is a 3-way type within an ISO-KF or ISO-F various flange end pre-pump port.
a) Small diameter (≤DN50) valve body are precision investment casting.
b) Large diameter (> DN50) valve body are molding shaped seamless steel or steel plate.
c) Bellows sealed structure can withstand 150ºCtemperature, metal sealed structure can withstand 450ºCtemperature.
d) Can install on any position to control the airflow in the vacuum pipeline, as an on-off valve purpose
Angle Valves, Angle Globe Valves, Brass Angle Valve, Zinc Angle Valve
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