Product Code: 978-1-68038-016-3
Power Rental Systems Market Growth & Trends:
The global power rental systems market size is estimated to reach USD 42.74 billion by 2030, registering to grow at a CAGR of 8.8% from 2025 to 2030 according to a new report by Grand View Research, Inc. Increasing demand for UPS, along with rapid industrial development across the world, is the main factor boosting the market growth. Growing instances of variable electricity supply generated by small and medium-scale power grids and partial access to the larger transmission network have catalyzed the demand for power rental systems across the manufacturing and utility industries.
Moreover, there is an increasing requirement for an accessible rental unit that can stun the problems linked with power outages and voltage sags. Furthermore, growing awareness related to the profits of subcontracting power equipment is positively impacting market growth. Power rental systems allow their customers to acquire equipment according to their necessities in a cost-effective way.
Besides, the execution of supportive government initiatives to develop airport networks and metros, along with the construction of shopping malls and hotels, is increasing the demand for power rental systems across countries. Factors such as increasing deployment of renewable sources of energy as an alternative power generation source to decrease the carbon emissions and the adoption of natural gas-based electricity generations are expected to boost the market growth.
Growing grid uncertainty, coupled with power spikes at the time of peak demand, is anticipated to be a main driver for the market. Besides, amplified focus towards a decrease in the peak power consumption in order to cut power cost is likely to enhance the growth of the market.
The power rental units are used across various industries as there is a higher demand for continuous power application. Major end-user markets for such rental systems were oil and gas, government and utilities, and construction, which altogether accounted for 64.5% share of the global revenue in 2019. Higher dependence on electricity for day to day operation of such industries is a key booster for considerable usage of power rental systems.
Power Rental Systems Market Report Highlights:
- Continuous power applications dominated the market and accounted for the largest revenue share of 45.7% in 2024. This growth is attributed to the increasing need for reliable electricity in the oil and gas, construction, and mining industries.
- The government and utilities segment led the market and accounted for the largest revenue share of 25.9% in 2024 attributed to the increasing demand for reliable, uninterrupted power supply.
- The Asia Pacific power rental systems market dominated the global market and accounted for 38.5% in 2024 attributed to rapid industrialization and urbanization across the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Power Rental Systems Market Variables, Trends & Scope
- 3.1. Global Power Rental Systems Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Average Price Trend Analysis
- 3.5. Supply-Demand GAP Analysis, 2024
- 3.6. Regulatory Framework
- 3.6.1. Policies and Incentive Plans
- 3.6.2. Standards and Compliances
- 3.6.3. Regulatory Impact Analysis
- 3.7. Market Dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Industry Challenges
- 3.8. Porter's Five Forces Analysis
- 3.8.1. Supplier Power
- 3.8.2. Buyer Power
- 3.8.3. Substitution Threat
- 3.8.4. Threat from New Entrant
- 3.8.5. Competitive Rivalry
- 3.9. PESTEL Analysis
- 3.9.1. Political Landscape
- 3.9.2. Economic Landscape
- 3.9.3. Social Landscape
- 3.9.4. Technological Landscape
- 3.9.5. Environmental Landscape
- 3.9.6. Legal Landscape
Chapter 4. Power Rental Systems Market: End Use Outlook Estimates & Forecasts
- 4.1. Power Rental Systems Market: End Use Movement Analysis, 2024 & 2030
- 4.1.1. Government and Utilities
- 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.2. Oil & Gas
- 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.3. Construction
- 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.4. Industrial
- 4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.5. Event Management
- 4.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.1.6. Others
- 4.1.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 5. Power Rental Systems Market: Application Outlook Estimates & Forecasts
- 5.1. Power Rental Systems Market: Application Movement Analysis, 2024 & 2030
- 5.1.1. Peak Shaving
- 5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.1.2. Continuous Power
- 5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.1.3. Standby
- 5.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 6. Power Rental Systems Market Regional Outlook Estimates & Forecasts
- 6.1. Regional Snapshot
- 6.2. Power Rental Systems Market: Regional Movement Analysis, 2024 & 2030
- 6.3. North America
- 6.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.1.1. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.3.1.2. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.3.2. U.S
- 6.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.2.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.3.2.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.3.3. Canada
- 6.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.3.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.3.3.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.3.4. Mexico
- 6.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.3.4.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.3.4.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.4.1.1. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.4.1.2. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.4.2. UK
- 6.4.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.4.2.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.4.2.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.4.3. Germany
- 6.4.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.4.3.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.4.3.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.4.4. France
- 6.4.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.4.4.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.4.4.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.4.5. Russia
- 6.4.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.4.5.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.4.5.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.5.1.1. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.5.1.2. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.5.2. China
- 6.5.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.5.2.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.5.2.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.5.3. India
- 6.5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.5.3.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.5.3.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.5.4. Japan
- 6.5.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.5.4.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.5.4.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.5.5. Australia
- 6.5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.5.5.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.5.5.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.6. Latin America
- 6.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.6.1.1. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.6.1.2. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.6.2. Brazil
- 6.6.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.6.2.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.6.2.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.6.3. Argentina
- 6.6.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.6.3.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.6.3.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.7.1.1. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.7.1.2. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.7.2. UAE
- 6.7.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.7.2.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.7.2.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
- 6.7.3. Qatar
- 6.7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 6.7.3.2. Market Estimates and Forecast, by End Use, 2018 - 2030 (USD Million)
- 6.7.3.3. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company categorization
- 7.2.2. List of Key Distributors and Channel Partners
- 7.2.3. List of Potential Customers/Applications
- 7.3. Competitive Dynamics
- 7.3.1. Competitive Benchmarking
- 7.3.2. Strategy Mapping
- 7.3.3. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Aggreko
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. End Use Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Herc Rentals Inc.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. End Use Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. APR Energy
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. End Use Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. Caterpillar
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. End Use Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. United Rentals, Inc.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. End Use Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Cummins Inc.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. End Use Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. Ashtead Group plc
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. End Use Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Atlas Copco AB
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. End Use Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. Al Faris
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. End Use Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. Shenton Group
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. End Use Benchmarking
- 7.4.10.4. Strategic Initiatives
- 7.4.11. Hertz System, Inc.
- 7.4.11.1. Participant's Overview
- 7.4.11.2. Financial Performance
- 7.4.11.3. End Use Benchmarking
- 7.4.11.4. Strategic Initiatives
- 7.4.12. Kohler Co.
- 7.4.12.1. Participant's Overview
- 7.4.12.2. Financial Performance
- 7.4.12.3. End Use Benchmarking
- 7.4.12.4. Strategic Initiatives
- 7.4.13. Bredenoord
- 7.4.13.1. Participant's Overview
- 7.4.13.2. Financial Performance
- 7.4.13.3. End Use Benchmarking
- 7.4.13.4. Strategic Initiatives
- 7.4.14. HIMOINSA
- 7.4.14.1. Participant's Overview
- 7.4.14.2. Financial Performance
- 7.4.14.3. End Use Benchmarking
- 7.4.14.4. Strategic Initiatives