Product Code: ETC13406112 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Power Rental Market was valued at USD 10.3 Billion in 2024 and is expected to reach USD 15.6 Billion by 2031, growing at a compound annual growth rate of 7.00% during the forecast period (2025-2031).
The global power rental market is witnessing significant growth driven by the increasing demand for temporary power solutions across various industries such as construction, oil & gas, events, and utilities. The market is characterized by the rental of generators, transformers, and other power equipment to provide reliable power supply during planned or unplanned outages, maintenance activities, or remote operations. Factors such as rapid urbanization, aging power infrastructure, and the need for backup power sources in emergency situations are fueling the market growth. Additionally, the rising adoption of renewable energy sources and the trend towards decentralized power generation are also contributing to the market expansion. Key players in the global power rental market include Aggreko, Caterpillar Inc., Atlas Copco, and United Rentals among others.
The Global Power Rental Market is experiencing significant growth due to an increasing demand for temporary power solutions across various industries such as construction, events, oil and gas, and manufacturing. The growing frequency of power outages and the need for reliable backup power sources are driving the market expansion. Additionally, the adoption of renewable energy sources and the rise in construction activities in emerging economies are creating opportunities for market growth. The trend towards renting power equipment instead of purchasing them outright is also gaining traction, as it offers cost-effectiveness and flexibility to end-users. Overall, the Global Power Rental Market is expected to continue its upward trajectory, fueled by the need for reliable power supply in diverse applications.
The Global Power Rental Market faces several challenges such as increasing environmental regulations leading to a shift towards cleaner energy sources, fluctuating fuel prices impacting operational costs, and the need for continuous maintenance and monitoring of rental equipment to ensure reliability. Additionally, geopolitical uncertainties and economic instability in certain regions can affect the demand for power rental services. Furthermore, competition from alternative solutions like renewable energy sources and energy storage technologies poses a threat to the growth of the power rental market. Adapting to evolving customer needs and technological advancements while maintaining cost competitiveness are key challenges that players in the power rental market need to address to sustain growth in this dynamic and competitive industry.
The Global Power Rental Market is primarily driven by the increasing demand for temporary power solutions in various industries such as construction, oil & gas, mining, and events. The market growth is also fueled by the need for reliable power sources during emergencies, natural disasters, and power grid failures. Additionally, the rising trend of renting power equipment instead of investing in permanent installations due to cost-effectiveness and flexibility is driving the market. Furthermore, the expansion of infrastructure development projects in emerging economies and the growing adoption of renewable energy sources are creating opportunities for power rental services. Overall, the market is expected to continue growing due to the increasing need for reliable and flexible power solutions across different sectors.
Government policies related to the Global Power Rental Market vary by country but generally focus on promoting clean energy sources, enhancing energy security, and ensuring reliable power supply. Many governments offer incentives and subsidies for using renewable energy sources in power rental applications to reduce carbon emissions and combat climate change. Additionally, regulations are in place to maintain safety standards, ensure grid stability, and provide electricity access to remote or underserved areas. Some countries also have specific policies to encourage the adoption of energy-efficient power rental equipment and technologies. Overall, government policies in the Global Power Rental Market aim to drive sustainable practices, support economic growth, and meet the increasing demand for temporary power solutions in various industries.
The Global Power Rental Market is expected to witness steady growth in the coming years due to increasing demand for temporary power solutions across various industries such as construction, oil and gas, events, and utilities. The market is projected to be driven by factors such as rapid urbanization, infrastructure development, and the growing need for reliable and continuous power supply. Additionally, the rising frequency of natural disasters and power outages is expected to further boost the demand for power rental services. Technological advancements in power generation equipment, coupled with increasing investments in renewable energy sources, are also anticipated to contribute to market growth. Overall, the Global Power Rental Market is poised for expansion as businesses and industries continue to prioritize cost-effective and flexible power solutions.
In the global power rental market, Asia is poised for significant growth due to rapid industrialization and urbanization, driving demand for temporary power solutions. North America is a mature market with a strong presence of established players offering a wide range of rental power solutions. Europe is focusing on renewable energy sources but still relies on power rental services for temporary needs and backup power. The Middle East and Africa region is witnessing increasing demand for power rental services, particularly in construction, oil & gas, and events sectors. Latin America is experiencing growth in the power rental market due to infrastructure development projects and the need for reliable power supply in remote areas. Overall, the global power rental market is expected to see steady growth across all regions with diverse drivers and opportunities.
Global Power Rental Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Power Rental Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Power Rental Market Revenues & Volume, 2021 & 2031F |
3.3 Global Power Rental Market - Industry Life Cycle |
3.4 Global Power Rental Market - Porter's Five Forces |
3.5 Global Power Rental Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Power Rental Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Global Power Rental Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.8 Global Power Rental Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.9 Global Power Rental Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Global Power Rental Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Power Rental Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Power Rental Market Trends |
6 Global Power Rental Market, 2021 - 2031 |
6.1 Global Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Power Rental Market, Revenues & Volume, By Diesel, 2021 - 2031 |
6.1.3 Global Power Rental Market, Revenues & Volume, By Natural Gas, 2021 - 2031 |
6.2 Global Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Power Rental Market, Revenues & Volume, By Generators, 2021 - 2031 |
6.2.3 Global Power Rental Market, Revenues & Volume, By Transformers, 2021 - 2031 |
6.2.4 Global Power Rental Market, Revenues & Volume, By Load Banks, 2021 - 2031 |
6.3 Global Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Power Rental Market, Revenues & Volume, By Up to 50 kW, 2021 - 2031 |
6.3.3 Global Power Rental Market, Revenues & Volume, By 51“500 kW, 2021 - 2031 |
6.3.4 Global Power Rental Market, Revenues & Volume, By 501-2500 kW, 2021 - 2031 |
6.3.5 Global Power Rental Market, Revenues & Volume, By Above 2500 kW, 2021 - 2031 |
6.4 Global Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Power Rental Market, Revenues & Volume, By Standby power, 2021 - 2031 |
6.4.3 Global Power Rental Market, Revenues & Volume, By Peak shaving, 2021 - 2031 |
6.4.4 Global Power Rental Market, Revenues & Volume, By Base load/ continuous power, 2021 - 2031 |
6.5 Global Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Power Rental Market, Revenues & Volume, By Utilities, 2021 - 2031 |
6.5.3 Global Power Rental Market, Revenues & Volume, By Oil & gas, 2021 - 2031 |
6.5.4 Global Power Rental Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.5.5 Global Power Rental Market, Revenues & Volume, By Manufacturing, 2021 - 2031 |
6.5.6 Global Power Rental Market, Revenues & Volume, By Metal & Mining, 2021 - 2031 |
6.5.7 Global Power Rental Market, Revenues & Volume, By IT and Data centers, 2021 - 2031 |
6.5.8 Global Power Rental Market, Revenues & Volume, By Corporate & Retail, 2021 - 2031 |
7 North America Power Rental Market, Overview & Analysis |
7.1 North America Power Rental Market Revenues & Volume, 2021 - 2031 |
7.2 North America Power Rental Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Power Rental Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Power Rental Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Power Rental Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
7.4 North America Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
7.5 North America Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
7.6 North America Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
7.7 North America Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Power Rental Market, Overview & Analysis |
8.1 Latin America (LATAM) Power Rental Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Power Rental Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Power Rental Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Power Rental Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Power Rental Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Power Rental Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
8.4 Latin America (LATAM) Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
8.5 Latin America (LATAM) Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
8.6 Latin America (LATAM) Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
8.7 Latin America (LATAM) Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Power Rental Market, Overview & Analysis |
9.1 Asia Power Rental Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Power Rental Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Power Rental Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Power Rental Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Power Rental Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Power Rental Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
9.4 Asia Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
9.5 Asia Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
9.6 Asia Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
9.7 Asia Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Power Rental Market, Overview & Analysis |
10.1 Africa Power Rental Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Power Rental Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Power Rental Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Power Rental Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Power Rental Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Power Rental Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
10.4 Africa Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
10.5 Africa Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
10.6 Africa Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
10.7 Africa Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Power Rental Market, Overview & Analysis |
11.1 Europe Power Rental Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Power Rental Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Power Rental Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Power Rental Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Power Rental Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Power Rental Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
11.4 Europe Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
11.5 Europe Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
11.6 Europe Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
11.7 Europe Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Power Rental Market, Overview & Analysis |
12.1 Middle East Power Rental Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Power Rental Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Power Rental Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Power Rental Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Power Rental Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Power Rental Market, Revenues & Volume, By Fuel Type, 2021 - 2031 |
12.4 Middle East Power Rental Market, Revenues & Volume, By Equipment, 2021 - 2031 |
12.5 Middle East Power Rental Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
12.6 Middle East Power Rental Market, Revenues & Volume, By Application, 2021 - 2031 |
12.7 Middle East Power Rental Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Power Rental Market Key Performance Indicators |
14 Global Power Rental Market - Export/Import By Countries Assessment |
15 Global Power Rental Market - Opportunity Assessment |
15.1 Global Power Rental Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Power Rental Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
15.3 Global Power Rental Market Opportunity Assessment, By Equipment, 2021 & 2031F |
15.4 Global Power Rental Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
15.5 Global Power Rental Market Opportunity Assessment, By Application, 2021 & 2031F |
15.6 Global Power Rental Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Power Rental Market - Competitive Landscape |
16.1 Global Power Rental Market Revenue Share, By Companies, 2024 |
16.2 Global Power Rental Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |