Middle East & Africa Power Rental Market

The Middle East & Africa power rental market is projected to reach USD 2.82 billion by 2030 from an estimated USD 2.17 billion in 2025, at a CAGR of 5.4% during the forecast period. In the Middle East and Africa, key drivers for the region include mega-projects such as Saudi Arabia's NEOM and Vision 2030, fueling rapid infrastructure development and increased demand for construction, oil and gas, utilities, and events as a result of urbanisation and growing populations, as well as the unreliability of grid supplies. Due to extreme heatwaves, the region requires additional energy to support cooling and backup systems during peak demand. Additionally, trends in the region include hybrid rental solutions that combine renewable energy sources to manage intermittency, along with strategic supply contracts for complete turnkey power systems, especially in the UAE, Saudi Arabia, Egypt, and Nigeria.

The companies' strategies focused on product launches and strategic partnerships that reinforce their technology leadership and sustainability agenda. The major companies (such as Aggreko plc (UK), APR Energy (USA), Caterpillar Inc. (USA), Cummins Inc. (US), Atlas Copco AB (Sweden), and Rental Solutions & Services (RSS) (UAE) have implemented strategies directed toward growing and increasing their market presence.

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In September 2024, Atlas Copco acquired Integrated Pump Rental (IPR), a South African company specializing in dewatering pump rentals. IPR became part of Atlas Copco’s Specialty Rental Division within Power Technique; in this way, the rental business of IPR was enhanced by adding additional dewatering pumps and complementary products like air compressors, generators, and power supplies used by customers involved in mining, construction, and wastewater.

In August 2022, Caterpillar announced a strategic partnership with Aggreko, a leader in the temporary power and utility rental business. This alliance is designed to allow Caterpillar to leverage new opportunities and develop ideas jointly to provide even better support and service to customers.

Aggreko provides power generators and temperature control solutions for rent. The company offers a range of products and services, including power generation, cooling rental & solutions, dehumidification, load bank rental, energy storage, new generators, power plants, and hybrid power plants. It caters to the needs of various industries, including utilities, oil & gas, events, construction, mining, manufacturing, IT, and data centres, and others. Aggreko operates through two business units: Power Solutions and Rental Solutions. The Power Solutions segment serves utility and industrial customers, while its sub-segment, Industrial Power Solutions, caters to various industries, including oil & gas, petrochemicals & refining, and mining. It provides power rental solutions under its Rental Solutions business segment. The Rental Solutions segment offers solutions and equipment to customers, as well as contractual turnkey solutions that include service and maintenance.

Caterpillar is a leading manufacturer of construction and mining equipment, diesel and alternative fuel engines, turbine engines, and heavy equipment locos, as well as offering service and maintenance during the entire lifespan of each machine manufactured. It operates through four main segments (Construction Industries, Resource Industries, Energy & Transportation, and the financial products segment), all of which have a strong commitment to meeting customers' needs. Caterpillar also offers its construction products sector rental services. The company provides rental equipment services from the Energy & Transportation segment.

The Middle East and Africa (MEA) power rental market is dominated by several key players, including Aggreko plc (UK), APR Energy (USA), Caterpillar Inc. (USA), Cummins Inc. (US), and Atlas Copco AB (Sweden). These companies differentiate themselves by providing reliable, fuel-efficient rental generators tailored to the needs of Middle East and Africa construction, oil & gas operations, mining activities, utilities, and large-scale events, which result from grid unreliability and unstable climates. The companies strengthen their regional presence through expanded equipment fleets, for instance, Atlas Copco's 2024 acquisition of Integrated Pump Rental in South Africa, which enhances diesel generator offerings alongside telematics and digital fleet management for improved transparency and utilization. The demand for temporary power rental equipment is surging due to a heavy reliance on backup power, rising needs for eco-friendly units, and the integration of renewables like solar and wind in Saudi Vision 2030 projects. Stricter carbon emission regulations across GCC nations and Africa drive investments in low-emission technologies and hybrid systems, while industries adopt scalable, efficient solutions for mega infrastructures like NEOM.

Related Reports:

Middle East & Africa 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 Country - Trends & Forecast To 2030

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