PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639184
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639184
Standby Gas Fueled Power Rental Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Standby Gas Fueled Power Rental Market reached USD 2.2 billion in 2024 and is projected to grow at a CAGR of 4.3% between 2025 and 2034. Stringent environmental regulations and the rising integration of renewable energy sources into power systems are key factors driving market expansion. Additionally, infrastructure development in major regions and the increasing demand for reliable temporary power solutions further support industry growth.
The standby gas-fueled power rental industry is poised for steady growth, driven by advancements in technology, increasing environmental awareness, and the need for dependable power solutions in critical applications. The market is well-positioned to address evolving demands, ensuring resilience and sustainability in power supply systems worldwide.
The >75 kVA - 375 kVA segment is expected to reach USD 1 billion by 2034, driven by the growing need for dependable power during natural disasters and operational disruptions. Frequent occurrences of cyclones, thunderstorms, and other emergencies underscore the importance of these systems. Innovations in quieter operations and noise reduction technology, along with supportive regulatory frameworks, are accelerating the adoption of these units across diverse applications.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $2.2 Billion |
| Forecast Value | $3.4 Billion |
| CAGR | 4.3% |
In the oil and gas sector, the standby gas-fueled power rental market is expected to grow at 4% CAGR through 2034. The expansion of critical infrastructure, including manufacturing facilities, hospitals, and data centers, fuels demand. Aging power grids and the increasing necessity for uninterrupted power supply during outages are key contributors to this growth. Moreover, the adoption of automation, remote monitoring, and advanced control systems enhances operational efficiency while aligning with stricter emissions standards and environmental goals.
U.S. standby gas fueled power rental market is anticipated to generate USD 1 billion by 2034. The surge in urban construction projects and sustained requirements from temporary sites and offices are boosting market demand. Smart technologies enabling remote monitoring and performance optimization are also transforming the industry, providing enhanced fuel management and operational efficiency. Government incentives promoting low-emission, clean energy solutions and a growing focus on disaster preparedness further contribute to market expansion.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Market estimates & forecast parameters
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid
- 1.4.2.2 Public
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021 - 2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Regulatory landscape
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
- 3.4 Growth potential analysis
- 3.5 Porter's Analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
- 3.6 PESTEL Analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Strategic outlook
- 4.3 Innovation & sustainability landscape
Chapter 5 Market Size and Forecast, By Power Rating, 2021 - 2034 (USD Million)
- 5.1 Key trends
- 5.2 <= 75 kVA
- 5.3 > 75 kVA - 375 kVA
- 5.4 > 375 kVA - 750 kVA
- 5.5 > 750 kVA
Chapter 6 Market Size and Forecast, By End Use, 2021 - 2034 (USD Million)
- 6.1 Key trends
- 6.2 Telecom
- 6.3 Data center
- 6.4 Healthcare
- 6.5 Oil & gas
- 6.6 Electric utilities
- 6.7 Offshore
- 6.8 Manufacturing
- 6.9 Construction
- 6.10 Mining
- 6.11 Marine
- 6.12 Others
Chapter 7 Market Size and Forecast, By Region, 2021 - 2034 (USD Million)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.3.1 Russia
- 7.3.2 UK
- 7.3.3 Germany
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Austria
- 7.3.7 Italy
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Australia
- 7.4.3 India
- 7.4.4 Japan
- 7.4.5 South Korea
- 7.4.6 Indonesia
- 7.4.7 Malaysia
- 7.4.8 Thailand
- 7.4.9 Vietnam
- 7.4.10 Philippines
- 7.5 Middle East
- 7.5.1 Saudi Arabia
- 7.5.2 UAE
- 7.5.3 Qatar
- 7.5.4 Turkey
- 7.5.5 Iran
- 7.5.6 Oman
- 7.6 Africa
- 7.6.1 Egypt
- 7.6.2 Nigeria
- 7.6.3 Algeria
- 7.6.4 South Africa
- 7.6.5 Angola
- 7.6.6 Kenya
- 7.6.7 Mozambique
- 7.7 Latin America
- 7.7.1 Brazil
- 7.7.2 Mexico
- 7.7.3 Argentina
- 7.7.4 Chile
Chapter 8 Company Profiles
- 8.1 Aggreko
- 8.2 APR Energy
- 8.3 Ashtead Group
- 8.4 Atlas Copco
- 8.5 Bredenoord
- 8.6 Byrne Equipment Rental
- 8.7 Caterpillar
- 8.8 Cummins
- 8.9 Generac Power Systems
- 8.10 Herc Rentals
- 8.11 HIMOINSA
- 8.12 Modern Hiring Service
- 8.13 Power Express Gensets
- 8.14 Shenton Group
- 8.15 Sudhir Power
- 8.16 United Rentals
