Reports
Reports
Sale
The global power rental market attained a value of about USD 10.30 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.80%.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Power Rental Market Analysis
8.1 Key Industry Highlights
8.2 Global Power Rental Historical Market (2018-2023)
8.3 Global Power Rental Market Forecast (2024-2032)
8.4 Global Power Rental Market by Fuel Type
8.4.1 Diesel
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Natural Gas
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Power Rental Market by Equipment Type
8.5.1 Load Bank
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Generator
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Transformer
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Power Rental Market by Power Rating
8.6.1 Up to 50 kW
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 51 –500 kW
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 501 –2,500 kW
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Above 2,500 kW
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.7 Global Power Rental Market by Application
8.7.1 Peak Shaving
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Standby Power
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Base Load/Continuous Power
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Power Rental Market by End Use
8.8.1 Utilities
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Oil and Gas
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Events
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Construction
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Mining
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
8.8.6 Data Centres
8.8.6.1 Historical Trend (2018-2023)
8.8.6.2 Forecast Trend (2024-2032)
8.8.7 Others
8.9 Global Power Rental Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Power Rental Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Power Rental Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Power Rental Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Power Rental Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Power Rental Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Caterpillar, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Aggreko Plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Atlas Copco Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Cummins, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 The Hertz Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Generac Power Systems
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Wacker Neuson SE
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Power Rental Market: Key Industry Highlights, 2018 and 2032
2. Global Power Rental Historical Market: Breakup by Fuel Type (USD Billion), 2018-2023
3. Global Power Rental Market Forecast: Breakup by Fuel Type (USD Billion), 2024-2032
4. Global Power Rental Historical Market: Breakup by Equipment Type (USD Billion), 2018-2023
5. Global Power Rental Market Forecast: Breakup by Equipment Type (USD Billion), 2024-2032
6. Global Power Rental Historical Market: Breakup by Power Rating (USD Billion), 2018-2023
7. Global Power Rental Market Forecast: Breakup by Power Rating (USD Billion), 2024-2032
8. Global Power Rental Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Power Rental Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Power Rental Historical Market: Breakup by End Use (USD Billion), 2018-2023
11. Global Power Rental Market Forecast: Breakup by End Use (USD Billion), 2024-2032
12. Global Power Rental Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Global Power Rental Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. North America Power Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
15. North America Power Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Europe Power Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Europe Power Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Asia Pacific Power Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Asia Pacific Power Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Latin America Power Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Latin America Power Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Middle East and Africa Power Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Middle East and Africa Power Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Global Power Rental Market Structure
In 2023, the global power rental market attained a value of nearly USD 10.30 billion.
The market is projected to grow at a CAGR of 5.80% between 2024 and 2032.
The market is being driven by the rising demand for power rental in the mining industry, the low maintenance and enhanced flexibility offered by power rental, and the increasing investment concerns in the mining industry.
The industry is expected to be propelled by the rising demand for rental generators in the construction industry, the development of innovative power rental equipment, and the increasing trend of sustainability.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major fuel types of power rental in the industry are diesel and natural gas, among others.
The various equipment types of power rental are load bank, generator, and transformer, among others.
The several power ratings of power rental are up to 50 kW, 51-500 kW, 510-2,500 kW, and above 2,500 kW.
The numerous applications of power rental are peak shaving, standby power, and base load/continuous power.
The significant end uses in the market are utilities, oil and gas, events, construction, mining, and data centres, among others.
The major players in the industry are Caterpillar, Inc., Aggreko Plc, Atlas Copco Group, Cummins, Inc., The Hertz Corporation, Generac Power Systems, and Wacker Neuson SE, among others.
The global power rental market attained a value of nearly USD 10.30 billion in 2023, driven by the rising demand for power rental in the mining industry. Aided by the development of innovative power rental equipment, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.80%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its fuel types, the power rental industry can be segmented into diesel and natural gas, among others. On the basis of equipment types, the industry is divided into load bank, generator, and transformer, among others. By power ratings, the market is categorised into up to 50 kW, 51-500 kW, 510-2,500 kW, and above 2,500 kW. Based on application, the power rental industry is classified into peak shaving, standby power, and base load/continuous power. On the basis of end uses, the market is segmented into utilities, oil and gas, events, construction, mining, and data centres, among others. The major regional markets for power rental are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Caterpillar, Inc., Aggreko Plc, Atlas Copco Group, Cummins, Inc., The Hertz Corporation, Generac Power Systems, and Wacker Neuson SE, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.