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Global Power Rental Market Research Report: Forecast (2024-2030)

By Equipment (Generators, Transformers, Load Banks, Ancillary Equipment), By Fuel Type (Diesel, Natural Gas), By Application (Peak Shaving, Base Load, Stand by), By Power Rating (Up to 50 KW, 51KW - 5... ... p to 50 KW, 51KW - 500KW, 501KW- 2500 KW, Above 2500KW), By End-User (Power Utility, Manufacturing, Construction, Mining & Metals, Others), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Aggreko Plc, Ashtead Group Plc., United Rental Inc., Atlas Copco, Caterpillar Inc., Generac Holdings Inc., Bredenoord, Nishio Rent All Singapore Pte Ltd., Herc Rental Inc., Rental Solutions & Services, LM Generating Power Co., Ltd., Speedy Hire Plc, APR Energy, Newburn Power Rental, Others) Read more

Energy
Nov 2023
Pages 198
Report Format: PDF, Excel, PPT

Market Definition

Power renting refers to the renting of temporary power generation equipment such as generators, transporters, and Load banks, to fulfill the requirements of temporary power needs of the industries and manufacturing sectors. The temporary solutions are used to provide power backup in emergencies, supplement power during peak demand periods, and support construction projects, industrial operations, events, etc.

Market Insights & Analysis: Global Power Rental Market (2024-30):

The Global Power Rental Market size was valued at USD 12,898 Million in 2024 and is estimated to grow at a CAGR of around 4.93% during the forecast period, i.e., 2024-30. The market growth imputes to the rising demand for temporary power solutions in various industries such as construction, manufacturing, oil & gas, etc. The rising demand for reliable power networks in order to prevent unexpected situations such as circuit failure or temporary outage, is expanding the market growth. The rapid expansion of construction and mining activities is also responsible for driving the growth of the Power Rental Market. Additionally, the soaring growth of data centers is fueling the demand for power rental services throughout the world.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	4.93%
Regions Covered	North America: US, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific
	South America: Brazil, Argentina, Rest of South America
	Middle East & Africa: UAE, Saudi Arabia, South Africa, Egypt, Rest of MEA
Key Companies Profiled	Aggreko Plc, Ashtead Group Plc., United Rental Inc., Atlas Copco, Caterpillar Inc., Generac Holdings Inc., Bredenoord, Nishio Rent All Singapore Pte Ltd., Herc Rental Inc., Rental Solutions & Services, LM Generating Power Co., Ltd., Speedy Hire Plc, APR Energy, Newburn Power Rental, Others
Market Value In 2024	USD 12,898 Million

Global Power Rental Market Driver:

The Rapid Expansion of the Construction Industry Fuelling the Market Growth – The construction activities in the residential, commercial, and hospitality sectors are increasing due to increased demand. The construction activities require electric power to run the various equipment and machinery at sites where construction takes place. The tools and machinery required at the construction sites including air compressors, hand drills, chain saws, battery chargers, electric welders, etc., have a power requirement for which the contractors or organizers hire power rental services to fulfil the requirement of energy during construction activities. Therefore, the surge in construction activities is driving the growth of the Power Rental Market.

Global Power Rental Market Research Report (2024-2030) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Power Rental Market Trends & Insights
Global Power Rental Market Dynamics
1. Drivers
2. Challenges
Global Power Rental Market Policies & Regulations
Global Power Rental Market Hotspot & Opportunities
Global Power Rental Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Equipment
    1. Generators- Market Size & Forecast 2019-2030F, USD Million
    2. Transformers- Market Size & Forecast 2019-2030F, USD Million
    3. Load Banks- Market Size & Forecast 2019-2030F, USD Million
    4. Ancillary Equipment- Market Size & Forecast 2019-2030F, USD Million
  2. By Fuel Type
    1. Diesel- Market Size & Forecast 2019-2030F, USD Million
    2. Natural Gas- Market Size & Forecast 2019-2030F, USD Million
  3. By Application
    1. Peak Shaving- Market Size & Forecast 2019-2030F, USD Million
    2. Base Load- Market Size & Forecast 2019-2030F, USD Million
    3. Stand by- Market Size & Forecast 2019-2030F, USD Million
  4. By Power Rating
    1. Up to 50 KW- Market Size & Forecast 2019-2030F, USD Million
    2. 51KW - 500KW- Market Size & Forecast 2019-2030F, USD Million
    3. 501KW- 2500 KW- Market Size & Forecast 2019-2030F, USD Million
    4. Above 2500KW- Market Size & Forecast 2019-2030F, USD Million
  5. By End-User
    1. Power Utility- Market Size & Forecast 2019-2030F, USD Million
    2. Manufacturing- Market Size & Forecast 2019-2030F, USD Million
    3. Construction- Market Size & Forecast 2019-2030F, USD Million
    4. Mining & Metals- Market Size & Forecast 2019-2030F, USD Million
    5. Others (Events, Corporate & Retail)- Market Size & Forecast 2019-2030F, USD Million
  6. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  7. By Company
    1. Competition Characteristics
    2. Market Share of Leading Companies
North America Power Rental Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Equipment- Market Size & Forecast 2019-2030, USD Million
  2. By Fuel Type- Market Size & Forecast 2019-2030F, USD Million
  3. By Application- Market Size & Forecast 2019-2030F, USD Million
  4. By Power Rating- Market Size & Forecast 2019-2030F, USD Million
  5. By End User- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
4. Canada Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
5. Mexico Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
South America Power Rental Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Equipment- Market Size & Forecast 2019-2030, USD Million
  2. By Fuel Type- Market Size & Forecast 2019-2030F, USD Million
  3. By Application- Market Size & Forecast 2019-2030F, USD Million
  4. By Power Rating- Market Size & Forecast 2019-2030F, USD Million
  5. By End User- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
4. Argentina Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
Europe Power Rental Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Equipment- Market Size & Forecast 2019-2030, USD Million
  2. By Fuel Type- Market Size & Forecast 2019-2030F, USD Million
  3. By Application- Market Size & Forecast 2019-2030F, USD Million
  4. By Power Rating- Market Size & Forecast 2019-2030F, USD Million
  5. By End User- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. The UK
    2. Germany
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. The UK Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
4. Germany Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
5. France Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
6. Italy Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
7. Spain Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment- Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
The Middle East & Africa Power Rental Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Equipment- Market Size & Forecast 2019-2030, USD Million
  2. By Fuel Type- Market Size & Forecast 2019-2030F, USD Million
  3. By Application- Market Size & Forecast 2019-2030F, USD Million
  4. By Power Rating- Market Size & Forecast 2019-2030F, USD Million
  5. By End User- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Egypt
    5. Rest of the Middle East & Africa
3. The UAE Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
4. Saudi Arabia Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
5. South Africa Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
6. Egypt Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
Asia-Pacific Power Rental Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Equipment- Market Size & Forecast 2019-2030, USD Million
  2. By Fuel Type- Market Size & Forecast 2019-2030F, USD Million
  3. By Application- Market Size & Forecast 2019-2030F, USD Million
  4. By Power Rating- Market Size & Forecast 2019-2030F, USD Million
  5. By End User- Market Size & Forecast 2019-2030, USD Million
  6. By Country
    1. China
    2. Japan
    3. India
    4. South Korea
    5. Australia
    6. Southeast Asia
    7. Rest of Asia-Pacific
3. China Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment- Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
4. Japan Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment- Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
5. India Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment- Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
6. South Korea Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
7. Australia Power Rental Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Equipment - Market Size & Forecast 2019-2030, USD Million
    2. By End User- Market Size & Forecast 2019-2030, USD Million
Global Power Rental Market Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. Aggreko Plc
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Ashtead Group Plc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. United Rental Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Atlas Copco
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Caterpillar Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Generac Holdings Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Bredenoord
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Nishio Rent All Singapore Pte Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  9. Herc Rental Inc.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  10. Rental Solutions & Services
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  11. LM Generating Power Co. Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  12. Speedy Hire Plc.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  13. APR Energy
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  14. Newburn Power Rental
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  15. Others (Shenton Group, Modern Hiring Services, etc.)
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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