Market Overview:
The global power rental market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for power rental services from government & utilities, oil & gas, events, construction, and industrial sectors. However, the high cost of equipment rentals may restrain the growth of this market during the forecast period. Based on type, the diesel generators segment is expected to lead the global power rental market during the forecast period. This segment is projected to grow at a CAGR of X.X% from 2018 to 2030. The gas generators segment is projected to grow at a CAGR of X.
Product Definition:
Power rental is the process of renting power generation equipment, typically generators, to meet temporary or emergency electrical needs. The importance of power rental is that it can provide a reliable and consistent source of power during an emergency or when traditional sources are unavailable.
Diesel Generators:
Diesel generators are the power source used in case of a grid failure or during an emergency. They are also known as diesel power generators, which are used to produce electricity using a combustion process. The product is majorly used by the industries and commercial organizations for producing temporary electrical supply through generator sets. It is also widely utilized in events such as construction site accidents, natural calamities, epidemics, and so on.
Gas Generators:
Gas generators are machines that produce gas from the combustion of liquid or gaseous fuel. They are used for power generation in power rental companies, as they provide a continuous supply of energy.
The global market is expected to grow at a significant rate owing to increasing demand across the globe due to growing population and rapid industrialization & urbanization.
Application Insights:
The construction segment accounted for the largest revenue share of over 30% in 2017. The growth can be attributed to the growing demand for power rental services in construction projects, such as electrical grid development and housing developments. In addition, it is estimated that around 40% of a builders equipment needs to be transported onsite; Power Rental Services provide solutions for this problem by providing generator sets with diesel engine generators which are light weight, easy to move and install.
The oil & gas segment is expected register a CAGR of XX% from 2018 to 2030 owing to the rising need for onshore.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power in industrial and commercial sectors. China, India, Japan, South Korea, Taiwan are some of the prominent countries that form APAC region. In 2017, China accounted for a major share in terms of revenue generation owing to its large manufacturing sector and rapid urbanization resulting from strong economic growth.
The Asia Pacific has witnessed significant infrastructure development activities on account of various upcoming sporting events including Olympics 2020 held in Japan as well as FIFA World Cup 2018 hosted by Russia which will further boost industry expansion over next eight years (2030). Power consumption during peak hours is anticipated to increase with respect rising number of users/events at these locations thereby driving regional market demand across North America and Europe as well Middle East & Africa during forecast period.
Growth Factors:
- Increasing demand from the construction sector for temporary power solutions to meet project deadlines.
- Rapid growth in the data center and telecommunications sectors, which are key consumers of power rental services.
- Proliferation of smart devices and the Internet of Things (IoT) is leading to increased demand for temporary power solutions to support rapid deployment of new infrastructure and services.
- Growing number of natural disasters requiring emergency backup power supplies for hospitals, telecoms, and other critical infrastructure facilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Rental Market Research Report
By Type
Diesel Generators, Gas Generators, Others
By Application
Government & Utilities, Oil & Gas, Events, Construction, Industrial, Others,
By Companies
Aggreko, Caterpillar, Power Electrics, Generator Power, Atlas Copco, Speedy Hire, HSS, Ashtead Group, Cummins,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Power Rental Market Report Segments:
The global Power Rental market is segmented on the basis of:
Types
Diesel Generators, Gas Generators, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government & Utilities, Oil & Gas, Events, Construction, Industrial, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aggreko
- Caterpillar
- Power Electrics
- Generator Power
- Atlas Copco
- Speedy Hire
- HSS
- Ashtead Group
- Cummins
Highlights of The Power Rental Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diesel Generators
- Gas Generators
- Others
- By Application:
- Government & Utilities
- Oil & Gas
- Events
- Construction
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Rental Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Power rental is the act of renting power from a utility company.
Some of the major players in the power rental market are Aggreko, Caterpillar, Power Electrics, Generator Power, Atlas Copco, Speedy Hire, HSS, Ashtead Group, Cummins.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power Rental Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Power Rental Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power Rental Market - Supply Chain
4.5. Global Power Rental Market Forecast
4.5.1. Power Rental Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power Rental Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power Rental Market Absolute $ Opportunity
5. Global Power Rental Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Power Rental Market Size and Volume Forecast by Type
5.3.1. Diesel Generators
5.3.2. Gas Generators
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power Rental Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Power Rental Market Size and Volume Forecast by Application
6.3.1. Government & Utilities
6.3.2. Oil & Gas
6.3.3. Events
6.3.4. Construction
6.3.5. Industrial
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power Rental Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Power Rental Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Power Rental Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Power Rental Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Power Rental Demand Share Forecast, 2019-2026
9. North America Power Rental Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Power Rental Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Power Rental Market Size and Volume Forecast by Application
9.4.1. Government & Utilities
9.4.2. Oil & Gas
9.4.3. Events
9.4.4. Construction
9.4.5. Industrial
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power Rental Market Size and Volume Forecast by Type
9.7.1. Diesel Generators
9.7.2. Gas Generators
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Power Rental Demand Share Forecast, 2019-2026
10. Latin America Power Rental Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Power Rental Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Power Rental Market Size and Volume Forecast by Application
10.4.1. Government & Utilities
10.4.2. Oil & Gas
10.4.3. Events
10.4.4. Construction
10.4.5. Industrial
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power Rental Market Size and Volume Forecast by Type
10.7.1. Diesel Generators
10.7.2. Gas Generators
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Power Rental Demand Share Forecast, 2019-2026
11. Europe Power Rental Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Power Rental Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Power Rental Market Size and Volume Forecast by Application
11.4.1. Government & Utilities
11.4.2. Oil & Gas
11.4.3. Events
11.4.4. Construction
11.4.5. Industrial
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power Rental Market Size and Volume Forecast by Type
11.7.1. Diesel Generators
11.7.2. Gas Generators
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9.Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Power Rental Demand Share, 2019-2026
12. Asia Pacific Power Rental Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Power Rental Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Power Rental Market Size and Volume Forecast by Application
12.4.1. Government & Utilities
12.4.2. Oil & Gas
12.4.3. Events
12.4.4. Construction
12.4.5. Industrial
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power Rental Market Size and Volume Forecast by Type
12.7.1. Diesel Generators
12.7.2. Gas Generators
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Power Rental Demand Share, 2019-2026
13. Middle East & Africa Power Rental Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Power Rental Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Power Rental Market Size and Volume Forecast by Application
13.4.1. Government & Utilities
13.4.2. Oil & Gas
13.4.3. Events
13.4.4. Construction
13.4.5. Industrial
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power Rental Market Size and Volume Forecast by Type
13.7.1. Diesel Generators
13.7.2. Gas Generators
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Power Rental Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power Rental Market: Market Share Analysis
14.2. Power Rental Distributors and Customers
14.3. Power Rental Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aggreko
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Caterpillar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Power Electrics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Generator Power
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atlas Copco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Speedy Hire
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HSS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ashtead Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cummins
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
