PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639280
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1639280
Prime Diesel Fueled Power Rental Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Prime Diesel Fueled Power Rental Market was valued at USD 4.9 billion in 2024 and is projected to grow at 3.6% CAGR from 2025 to 2034. This growth is largely driven by the increasing demand for energy-efficient power alternatives due to stringent environmental regulations. The rising frequency of power outages, grid failures, and natural disasters further supports the need for temporary, reliable power solutions. The growing infrastructure development in emerging markets, combined with the heightened need for dependable, short-term power sources, is expected to further accelerate market expansion.
The prime diesel fueled power rental market from 75 kVA and 375 kVA segment is anticipated to generate USD 2 billion by 2034. This demand is primarily fueled by the increasing occurrence of weather-related disruptions such as storms and hurricanes. As industries and businesses seek uninterrupted power to maintain operations during such events, the demand for medium-sized diesel-powered rental systems rises. Additionally, technological advancements, such as quieter generators with improved noise-reduction features, are enhancing the appeal of these power solutions, especially in urban areas and residential settings. Supportive regulatory policies and the growing need for advanced power systems in commercial and industrial applications further boost the adoption of these systems.
The oil and gas sector is also a significant driver of the prime diesel-fueled power rental market, with this segment expected to grow at a CAGR of 3% through 2034. The ongoing exploration, extraction, and refining activities in the oil and gas industry sustain the demand for reliable, temporary power sources, especially in remote, off-grid locations. Diesel generators are frequently deployed in these sectors for consistent power supply, enabling smooth operations in harsh environments where grid connectivity is not feasible.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $4.9 Billion |
| Forecast Value | $7.1 Billion |
| CAGR | 3.6% |
U.S prime diesel fueled power rental market is projected to reach USD 150 million by 2034. This growth is fueled by technological innovations aimed at improving engine performance, fuel efficiency, and overall reliability. The expansion of key industries such as construction, oil and gas, and manufacturing drives the demand for diesel-powered rental solutions. Moreover, the aging infrastructure of power grids, coupled with the occasional power failures and a growing focus on reducing operating costs, further enhances the market's prospects.
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 Ashtead Group
- 8.3 Atlas Copco
- 8.4 Bredenoord
- 8.5 Byrne Equipment Rental
- 8.6 Caterpillar
- 8.7 Cummins
- 8.8 Generac Power Systems
- 8.9 Herc Rentals
- 8.10 HIMOINSA
- 8.11 Modern Hiring Service
- 8.12 Perennial Technologies
- 8.13 Power Express Gensets
- 8.14 Shenton Group
- 8.15 Sudhir Power
- 8.16 United Rentals
