Global Power Rental Market Size Study, by Application, by End-Use Industry, by Fuel Type, by Equipment and Regional Forecasts 2022-2032

Description

The global power rental market is valued at approximately USD 10.70 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.03% over the forecast period 2024-2034. This remarkable growth trajectory is primarily driven by the escalating demand for reliable and flexible power solutions across various sectors, especially during emergencies and critical situations. Power rental systems have become indispensable in providing rapid deployment of temporary power infrastructure for organizations, governments, and communities. This increasing demand spans multiple industries, including construction, events, utilities, and disaster recovery, underscoring the critical need for uninterrupted power supply during both emergencies and planned outages.

The growing awareness of the necessity for continuous power supply and business continuity serves as a major driver for the global power rental market. Organizations are increasingly relying on rental power solutions to mitigate risks associated with power outages, equipment failures, and grid instability, thereby ensuring operational continuity and minimizing downtime. The integration of advanced technologies such as smart grids, renewable energy integration, and energy storage systems presents lucrative opportunities for market expansion, addressing challenges related to infrastructure constraints, environmental regulations, and the need for scalable and cost-effective power solutions. Overall, the global power rental market is experiencing robust growth, fuelled by the increasing emphasis on uninterrupted power supply, technological innovations, and the widespread adoption of rental power solutions across diverse industries and sectors.

The key regions considered for the global Military Electro Optical and Infrared Systems Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North American region, led by countries like the United States, Canada, and Mexico, is experiencing significant growth in the power rental market. These nations have implemented policies, incentives, and regulatory measures to promote the adoption of efficient and sustainable power rental solutions, driven by the need for reliable power infrastructure and disaster response capabilities. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period 2024-2032.

Major market players included in this report are:

Aggreko
AKSA Group
Atlas Copco AB
Caterpillar Inc.
United Rentals, Inc.
Cummins Inc.
Herc Rentals Inc.
Ashtead Group PLC
Kohler Co.
APR Energy

The detailed segments and sub-segment of the market are explained below:

By Application:

Peak Load
Standby Load
Continuous Load

By End-Use Industry:

Utilities Sector
Oil and Gas
Mining and Metals
Construction
IT and Data Centres
Manufacturing
Others

By Fuel Type:

Diesel
Natural Gas
Others

By Equipment:

Generators
Transformers
Load Banks
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Power Rental Market Executive Summary

1.1. Global Power Rental Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Application
- 1.3.2. By End-Use Industry
- 1.3.3. By Fuel Type
- 1.3.4. By Equipment
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Power Rental Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Power Rental Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Reliable and Flexible Power Solutions
- 3.1.2. Awareness of the Necessity for Uninterrupted Power Supply
- 3.1.3. Technological Innovations
3.2. Market Challenges
- 3.2.1. Regulatory Compliance and Safety Standards
- 3.2.2. Environmental Concerns
3.3. Market Opportunities
- 3.3.1. Integration of Advanced Technologies
- 3.3.2. Growth in Emerging Markets

Chapter 4. Global Power Rental Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Power Rental Market Size & Forecasts by Application 2022-2032

5.1. Segment Dashboard
5.2. Global Power Rental Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Peak Load
- 5.2.2. Standby Load
- 5.2.3. Continuous Load

Chapter 6. Global Power Rental Market Size & Forecasts by End-Use Industry 2022-2032

6.1. Segment Dashboard
6.2. Global Power Rental Market: End-Use Industry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Utilities Sector
- 6.2.2. Oil and Gas
- 6.2.3. Mining and Metals
- 6.2.4. Construction
- 6.2.5. IT and Data Centres
- 6.2.6. Manufacturing
- 6.2.7. Others

Chapter 7. Global Power Rental Market Size & Forecasts by Fuel Type 2022-2032

7.1. Segment Dashboard
7.2. Global Power Rental Market: Fuel Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Diesel
- 7.2.2. Natural Gas
- 7.2.3. Others

Chapter 8. Global Power Rental Market Size & Forecasts by Equipment 2022-2032

8.1. Segment Dashboard
8.2. Global Power Rental Market: Equipment Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Generators
- 8.2.2. Transformers
- 8.2.3. Load Banks
- 8.2.4. Others

Chapter 9. Global Power Rental Market Size & Forecasts by Region 2022-2032

9.1. North America Power Rental Market
- 9.1.1. U.S. Power Rental Market
  - 9.1.1.1. Application breakdown size & forecasts, 2022-2032
  - 9.1.1.2. End-Use Industry breakdown size & forecasts, 2022-2032
  - 9.1.1.3. Fuel Type breakdown size & forecasts, 2022-2032
  - 9.1.1.4. Equipment breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Power Rental Market
9.2. Europe Power Rental Market
- 9.2.1. U.K. Power Rental Market
- 9.2.2. Germany Power Rental Market
- 9.2.3. France Power Rental Market
- 9.2.4. Spain Power Rental Market
- 9.2.5. Italy Power Rental Market
- 9.2.6. Rest of Europe Power Rental Market
9.3. Asia-Pacific Power Rental Market
- 9.3.1. China Power Rental Market
- 9.3.2. India Power Rental Market
- 9.3.3. Japan Power Rental Market
- 9.3.4. Australia Power Rental Market
- 9.3.5. South Korea Power Rental Market
- 9.3.6. Rest of Asia Pacific Power Rental Market
9.4. Latin America Power Rental Market
- 9.4.1. Brazil Power Rental Market
- 9.4.2. Mexico Power Rental Market
- 9.4.3. Rest of Latin America Power Rental Market
9.5. Middle East & Africa Power Rental Market
- 9.5.1. Saudi Arabia Power Rental Market
- 9.5.2. South Africa Power Rental Market
- 9.5.3. Rest of Middle East & Africa Power Rental Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Aggreko
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. AKSA Group
- 10.3.3. Atlas Copco AB
- 10.3.4. Caterpillar Inc.
- 10.3.5. United Rentals, Inc.
- 10.3.6. Cummins Inc.
- 10.3.7. Herc Rentals Inc.
- 10.3.8. Ashtead Group PLC
- 10.3.9. Kohler Co.
- 10.3.10. APR Energy

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes