Power Generator Rental Market

The report “Power Generator Rental Market by Application, Fuel Type, Power Rating, Rental Type, End User, and Region - Forecast to 2030” is projected to grow from USD 8.99 billion in 2025 and to reach USD 11.96 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period.

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The power generator rental market thrives due to its adaptability, reliability, and ability to address diverse energy needs across various sectors. The rising demand for power supply, increasing peak load management, along with rapid urbanization, industrialization, and infrastructure development, necessitate temporary power solutions. These factors are expected to boost the power generator rental market during the forecast period.

“Diesel segment is expected to hold the largest share of the power generator rental market in 2025.”

Diesel is anticipated to be the largest segment in the power generator rental market during the forecast period. Diesel generators are heavily dependent on the temporary power requirements of construction projects, large events, and emergency backup situations. Their strong performance in harsh conditions, high reliability, and flexibility make them an ideal choice when grid power is limited and unstable. As a result, diesel rental generators remain a go-to solution for keeping critical equipment and facilities running smoothly worldwide.

“Peak shaving application segment is likely to exhibit the highest CAGR during the forecast period.”

The power generator rental market, based on application, is divided into peak shaving, standby power, and base load/continuous power. Peak shaving is expected to be the fastest-growing segment during the forecast period, as it enables businesses and utilities to manage peak load demand more efficiently, avoid costly peak demand charges, and enhance grid stability. The increasing frequency and intensity of peak demand events, caused by population growth, urbanization, and industrial expansion, further drive the growth of the power generator rental market.

“North America is expected to be the largest region in the power generator rental market during the forecast period.”

North America emerges as the largest region in the power generator rental market. North America boasts a mature and well-established economy, characterized by high levels of industrialization, urbanization, and infrastructure development. This drives demand for temporary power solutions in various sectors, including construction, manufacturing, oil & gas, utilities, events, and entertainment. As a result, the region has a large and diverse customer base for power rental services, contributing to market growth. Moreover, North America has a robust regulatory framework and reliable power infrastructure, which makes it conducive to the adoption of power rental solutions.
The report profiles key players, such as Aggreko (UK), Ashtead Group plc (UK), United Rentals, Inc. (US), Caterpillar (US), and Cummins Inc. (US).\

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