Power Rental Market

The report "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, Rental Type, End User, and Region – Global Trends & Forecast To 2030” is projected to grow from USD 11.44 billion in 2025 and to reach USD 15.05 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period.

Browse 200 market data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "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, Rental Type, End User, and Region – Global Trends & Forecast To 2030”
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The power 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, requires temporary power solutions. These factors are expected to boost the power rental market during the forecast period.

“The diesel segment is projected to account for the largest share of the power rental market during the forecast period.”

By fuel type, diesel is anticipated to be the largest segment in the power rental market during the forecast period. Diesel generators are heavily dependent on temporary power requirements of construction projects, significant 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 continue to be a go-to solution for keeping critical equipment and facilities running smoothly across the globe.

“The peak shaving segment is projected to grow at the highest CAGR during the forecast period.”

By application, the peak shaving segment is projected to be the fastest-growing segment during the forecast period, since peak shaving 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 further drive power rental market growth.

“North America is projected to be the largest share of the power rental market during the forecast period.”

North America is projected to be the largest market during the forecast period. This region has a developed and established economy, characterized by high levels of industrialization, urbanization, and the development of infrastructure. Therefore, there is demand for temporary power solutions across various industries, including construction, manufacturing, oil and gas, utilities, events, and entertainment. Because of this, the region has a broad and diverse customer base for power rental services and solutions, which is driving the growth of this market. In addition, the regulatory framework within the region is strong, alongside a reliable and well-established power infrastructure, therefore providing excellent conditions for the use 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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