Global Power Rental Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Power Rating;

Below 75 kVA, 75-375 kVA, 375-750 kVA, and Above 750 KVA.

By Fuel Type;

Diesel, Gas, and Others.

By Application;

Continuous Load, Standby Load, and Peak Load.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn137768224 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Power Rental Market (USD Million), 2021 - 2031

In the year 2024, the Global Power Rental Market was valued at USD 10,881.45 million. The size of this market is expected to increase to USD 16,146.81 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global power rental market is a crucial resource catering to industries and communities in need of temporary or backup power solutions for diverse applications. Power rental services involve deploying generators, transformers, distribution panels, and related equipment on a rental basis, offering flexibility and scalability without requiring permanent infrastructure investments. This market plays a vital role in supporting critical operations during planned maintenance, emergencies, events, or in remote locations where grid access is limited.

A primary driver of the global power rental market is the growing demand for reliable and adaptable power solutions across various industries. Utilities rely on power rental services to ensure continuous electricity supply during grid outages or maintenance, supporting grid stability and meeting consumer demand. In construction, temporary power solutions are essential for tools, equipment, and site operations, while the oil and gas sector depends on power rentals for remote drilling rigs, refineries, and extraction sites.

Furthermore, the increasing frequency of extreme weather events and natural disasters underscores the importance of contingency planning and disaster recovery, driving demand for power rental services. Rapid deployment of generators and related equipment in disaster-stricken areas helps restore electricity swiftly. Additionally, the global shift towards renewable energy sources and sustainability fuels market growth, with a focus on hybrid and alternative fuel-powered generators to align with environmental goals. The evolving landscape of the power rental market reflects industry adaptability and innovation in meeting diverse power needs efficiently and sustainably.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Power Rating
    2. Market Snapshot, By Fuel Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Power Rental Market
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing Demand for Temporary Power Solutions
        2. Rapid Infrastructure Development
        3. Emergency Preparedness and Disaster Response
      2. Restraints:
        1. Regulatory Challenges and Permitting
        2. Competition from Permanent Power Solutions
        3. Cost Sensitivity and Budget Constraints
      3. Opportunities:
        1. Technological Advancements
        2. Expansion into Emerging Markets
        3. Focus on Energy Efficiency and Sustainability
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Power Rental Market, By Power Rating, 2021 - 2031 (USD Million)
      1. Below 75 kVA
      2. 75-375 kVA
      3. 375-750 kVA
      4. Above 750 KVA
    2. Global Power Rental Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Diesel
      2. Gas
      3. Others
    3. Global Power Rental Market, By Application, 2021 - 2031 (USD Million)
      1. Continuous Load
      2. Standby Load
      3. Peak Load
    4. Global Power Rental Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Caterpillar
      2. Atlas Copco AB
      3. Cummins Inc.
      4. United Rentals, Inc.
      5. Ashtead Group plc.
  7. Analyst Views
  8. Future Outlook of the Market