Asia Pacific Power Rental Market worth $4.14 billion by 2030
The report "Asia Pacific Power Rental Market by Equipment (Generators, Transformers, Load Banks, Other Equipment), Power Rating (Up to 50 KW, 51–500 KW, 501–2,500 KW, Above 2,500 KW), Application, Fuel Type, End User, and Country - Trends & Forecast To 2030" is projected to grow from USD 2.94 billion in 2025 and to reach USD 4.14 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period.
Browse 120 market data Tables and 40 Figures spread through 200 Pages and in-depth TOC on "Asia Pacific Power Rental Market by Equipment (Generators, Transformers, Load Banks, Other Equipment), Power Rating (Up to 50 KW, 51–500 KW, 501–2,500 KW, Above 2,500 KW), Application, Fuel Type, End User, and Country - Trends & Forecast To 2030"
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The regional market thrives due to the adaptability, reliability, and ability of power rental services to address diverse energy needs across various sectors. The implementation of large infrastructure projects, especially in India and China, aging grids, power outages, and urbanization increase the focus on grid stability, contributing to the regional market growth.
“Generators segment is expected to hold the largest share of the Asia Pacific power rental market in 2030”
The generators segment is likely to capture the largest share of the Asia Pacific power rental market in 2030. The market is driven by rapid infrastructure development, industrial expansion, and frequent power supply gaps across the region. India, China, and Southeast Asian countries are heavily dependent on rental generators to support the construction sites, mining operations, manufacturing, and large events. Furthermore, the rapid urbanization and exposure to extreme weather events strengthen the demand for reliable backup power. The quick deployment and scalability of rental generators make them a preferred choice for planned and emergency power needs across the region.
“Peak shaving segment is anticipated to exhibit the highest CAGR between 2025 and 2030”
Peak shaving is expected to be the fastest-growing segment in the Asia Pacific power rental market during the forecast period. It helps businesses and utilities manage peak load demand more efficiently, avoid costly peak demand charges, and improve grid stability. The increasing frequency and intensity of peak demand events caused by population growth, urbanization, and industrial expansion are further driving the Asia Pacific power rental market for the peak shaving segment.
“China is likely to be the largest hub in the Asia Pacific power rental market during the forecast period”
China is projected to dominate the Asia Pacific power rental market during the forecast period, driven by rapid industrial expansion, large-scale infrastructure projects, and ongoing urbanization. The rising power consumption from factories, construction sites, and data centers is putting stress on the power grid, making temporary power sources increasingly valuable. Periodic grid maintenance, the integration of renewable energy systems, and the need to ensure uninterrupted power supply for hospitals, telecom networks, and other critical sectors also augment the demand for power rental equipment. Moreover, the country’s continuous emphasis on sustainability is encouraging industries to choose cleaner options such as hybrid and gas-based rental power systems. All these factors reinforce its position as a major hub shaping the future of the Asia Pacific power rental market.
The report profiles key players, such as Aggreko (UK), Caterpillar (US), Cummins (US), and Atlas Copco (Sweden).
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