Turkey Genset Rental Market (2025-2031) | Analysis, Companies, Size, Trends, Growth, Value, Industry, Share, Forecast, Outlook & Revenue

Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape

Product Code: ETC160018 Publication Date: Jan 2025 Updated Date: Jan 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Turkey Genset Rental Market Highlights

Report Name Turkey Genset Rental Market
CAGR 8%
Growing Sector Telecommunications
Forecast Period 2025-2031

Topics Covered in Turkey Genset Rental Market Report

The Turkey Genset Rental Market report thoroughly covers the market by Type, by KVA rating, by application, by verticals and by prime application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Turkey Genset Rental Market Synopsis

The Turkey genset rental market has shown significant growth in recent years, driven by an increasing demand for uninterrupted power supply across various sectors. The rapid industrialization, coupled with infrastructural development, has amplified the need for reliable and temporary power solutions. Genset rentals offer a flexible and cost-effective alternative to purchasing, especially for short-term projects and emergencies. Factors such as fluctuating power rates, an unreliable grid in certain areas, and a rise in construction activities have further propelled the market. Additionally, the option to rent versatile and scalable power units appeals to businesses ranging from small enterprises to large industrial players, highlighting the market's adaptability to meet diverse energy requirements across Turkey.

According to 6Wresearch, Turkey Genset Rental Market size is projected to witness a CAGR of 8% during the forecast period of 2025-2031. The genset rental market in Turkey is primarily driven by rapid industrialization and urbanization, which have significantly increased the demand for reliable power solutions. The country's growing construction industry also supports this demand, as gensets provide essential backup power during projects, ensuring uninterrupted operations. Additionally, the increasing occurrence of power outages has prompted businesses to seek temporary power alternatives, further boosting the genset rental sector.

One major obstacle is the volatility of fuel prices, which can affect the cost-effectiveness of genset rentals. Furthermore, stringent environmental regulations require companies to adopt cleaner technologies, which may necessitate additional investments in newer, more efficient equipment. Moreover, intensified competition among suppliers can lead to pricing pressures, and the entry of global players into the market elevates the need for local companies to innovate and differentiate their offerings to maintain their market share.

Turkey Genset Rental Market: Leading Players

The genset rental market in Turkey is witnessing significant growth, driven by increasing demand across various sectors including construction, mining, and events. Leading players in this market are continually evolving to meet the diverse needs of their customers by offering a range of advanced power solutions. Some of the key players include Aggreko, which is renowned for its extensive fleet of generators and tailored services. Another major player is Energyst, known for its robust solutions and strong customer service focus. Additionally, companies like Rental Power Solutions and Hertz Equipment Rental have made substantial investments to strengthen their presence in the Turkish market, offering competitive pricing and a wide array of gensets suitable for different applications.

Turkey Genset Rental Market: Government Initiatives

The Turkish government has taken several strategic initiatives to bolster the genset rental market. By prioritizing the development of infrastructure and industrial projects, the government has increased the demand for reliable and flexible power solutions. In addition, Turkey's focus on renewable energy sources continues to drive genset rentals as supplementary power to ensure uninterrupted operations. Incentives and subsidies provided by the government to encourage energy efficiency and sustainability have further spurred growth in the genset rental sector. These supportive policies have created a favorable environment for market expansion, allowing companies to meet growing energy demands efficiently.

Future Insights of Turkey Genset Rental Market

The future of the genset rental market in Turkey looks promising, driven by several key factors. As the country's industrial and infrastructure projects expand, the demand for reliable power sources continues to grow, positioning genset rentals as a viable solution to meet temporary energy needs. Increasing investments in construction and event management sectors are likely to fuel further growth in this market. Additionally, technological advancements in genset design and efficiency are expected to enhance their appeal, providing more environmentally friendly and fuel-efficient options. Turkey's strategic geographic location also offers potential for cross-border genset rental opportunities, as neighbouring regions experience similar power demands.

Turkey Genset Rental Market trends

  • Growing Demand for Temporary Power Solutions – The increasing number of construction projects and infrastructure development in Turkey is driving the demand for temporary power solutions, boosting the genset rental market. Industries often prefer renting generators rather than investing in permanent installations to save costs and increase flexibility.
  • Technological Advancements in Gensets – The adoption of advanced technologies in gensets, such as cleaner and more efficient engines, is a key trend. This reflects a shift towards more sustainable practices, as businesses seek to reduce their carbon footprint and comply with environmental regulations.
  • Rising Frequency of Power Outages - Frequent power outages in certain regions of Turkey have heightened the need for reliable backup power sources, thus propelling the genset rental market. Businesses and government entities alike are increasingly renting generators to ensure continuous operations.

Investment opportunities in Turkey Genset Rental Market

  • Growing Construction Sector – Turkey's construction industry is booming, with numerous infrastructure projects, including airports, roads, and housing developments. This growth drives demand for genset rentals to ensure uninterrupted power supply on construction sites.
  • Increasing Energy Demand – As Turkey's economy continues to grow, so does its energy consumption. Genset rentals provide a flexible and cost-effective solution for meeting temporary energy needs during peak periods or emergencies.
  • Expanding Industrial Base - The expansion of Turkey's industrial sector, particularly in manufacturing and processing industries, requires reliable power sources. Gensets offer an effective solution for maintaining operations during power outages or in locations lacking grid connectivity.

Diesel Genset Rental to dominate the market - By type

According to Ravi Bhandari, Research Head, 6Wresearch, the diesel genset rental market in Turkey is experiencing significant growth, driven by increasing demand for reliable power solutions across various industries. As businesses seek alternative energy solutions, diesel gensets provide a versatile and efficient source of power, particularly in regions facing frequent power outages or in remote locations without access to the main power grid. The rental market offers a flexible solution for companies needing temporary or short-term power support, enabling them to adapt swiftly to their operational needs without the large capital outlay required for purchasing equipment. Additionally, rental services often include maintenance and support, which can simplify logistics and reduce downtime.

Diesel Genset (above 1000 KVA) to dominate the market – By KVA Rating

In the Turkish genset rental market, diesel gensets with capacities above 1000 KVA have become increasingly vital. These high-capacity units are crucial for large-scale operations, such as those in the construction, manufacturing, and mining industries, where the demand for substantial and uninterrupted power supply is paramount. The versatility of these gensets allows them to be deployed in a variety of environments, supporting both emergency power requirements and planned outages. The rental of high-capacity gensets provides a strategic advantage for businesses, enabling them to scale operations efficiently while mitigating the risks associated with capital investments in power infrastructure.

Prime and continuous genset rentals to dominate the market – By application

Prime and continuous genset rentals play a crucial role in the Turkish genset rental market by providing reliable power solutions for various durations and applications. Prime power gensets are designed to operate non-stop at variable loads for an extended period, making them ideal for projects where utility power is unavailable or unreliable. These gensets are particularly significant in sectors like events, remote construction, and agriculture, where consistent and adaptable power supply is essential. On the other hand, continuous power gensets are optimized for supplying a constant load over an indefinite period and are typically utilized in situations that require long-term and steady energy supply, such as remote off-grid operations or industrial plants.

Base Load to dominate the market – By prime application

Base load demand in the Turkish genset rental market is driven by the essential need for continuous power supply in sectors that operate around the clock. As industries in Turkey expand and modernize, the importance of stable and reliable power infrastructure grows, making base load gensets a critical component of operations. These gensets are designed to provide a steady power output, ensuring uninterrupted energy supply for essential industrial processes, data centers, and healthcare facilities where power failure is not an option. By incorporating base load gensets into their energy strategies, businesses can maintain consistent production levels and safeguard against the costs and risks of power outages.

Quarrying & Mining to dominate the market – By verticals

The quarrying and mining sectors in Turkey are significant drivers of the country's economic development, demanding reliable and robust power solutions to sustain continuous operations. Given the nature of these industries, which often operate in remote locations with limited access to the national grid, genset rental solutions have become indispensable. The requirement for power in quarries and mines is diverse, ranging from drilling and cutting operations to onsite facilities and lighting. Gensets offer the flexibility to deliver power where it's needed most, ensuring that operations proceed smoothly and without interruption. Rental gensets provide a cost-effective and scalable solution for quarrying and mining businesses, allowing them to adjust power capacity according to project demands.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Turkey Genset Rental Market Outlook
  • Market Size of Turkey Genset Rental Market, 2024
  • Forecast of Turkey Genset Rental Market, 2031
  • Historical Data and Forecast of Turkey Genset Rental Revenues & Volume for the Period 2021 - 2031
  • Turkey Genset Rental Market Trend Evolution
  • Turkey Genset Rental Market Drivers and Challenges
  • Turkey Genset Rental Price Trends
  • Turkey Genset Rental Porter's Five Forces
  • Turkey Genset Rental Industry Life Cycle
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume By types for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Diesel Genset Rental, for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Gas Genset Rental, for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by KVA Rating for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Diesel Genset for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Gas Genset for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by application, for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Stan by Genset Rental for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Prime/ Continuous Genset Rental for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Prime application for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Peak Load for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Base Load for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by verticals for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Utilities for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Oil & Gas for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Construction for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Manufacturing for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Quarrying & Mining for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Commercial for the Period 2021 – 2031
  • Historical Data and Forecast of Turkey Genset Rental Market Revenues & Volume by Others for the Period 2021 – 2031
  • Turkey Genset Rental Import Export Trade Statistics
  • Market Opportunity Assessment By application
  • Market Opportunity Assessment by Product Type
  • Turkey Genset Rental Top Companies Market Share
  • Turkey Genset Rental Competitive Benchmarking by Technical and Operational Parameters
  • Turkey Genset Rental Company Profiles

Turkey Genset Rental Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Types

  • Diesel Genset Rental
  • Gas Genset Rental

By kVA Rating

  • Diesel Genset
    • Below 100 kVA
    • 1-350 kVA
    • 1-750 kVA
    • 1-1000 kVA
    • Above 1000 kVA
  • Gas Genset
    • Below 100 kVA
    • 1-375 kVA
    • 1-1000 kVA
    • Above 1000 kVA

By Applications

  • Standby Genset Rental
  • Prime/ Continuous Genset Rental

By Prime Applications

  • Peak Load
  • Base Load

By Verticals

  • Utilities
  • Oil & gas
  • Construction
  • Manufacturing
  • Quarrying & Mining
  • Commercial
  • Others (Agriculture, Municipal Work, and Events)
Turkey Genset Rental Market (2025-2031): FAQs
Several factors contribute to the growth, including the country's expanding industrial base, frequent construction projects, and the need for reliable backup power solutions in urban and rural areas.
Some of the major players in the Turkish genset rental market include Aggreko, Cat Rental Power, and Atlas Copco.
The increasing focus on sustainable energy solutions has led to a rise in demand for hybrid or solar-powered generators.
One of the major challenges faced by the Turkish genset rental industry is the fluctuation of fuel prices, which can impact operating costs and profitability.
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Turkey Genset Rental Market Overview
3.1 Turkey Genset Rental Market Revenues, 2021-2031F
3.2 Turkey Genset Rental Market Industry Life Cycle
3.3 Turkey Genset Rental Market Porter’s Five Forces Model
3.4 Turkey Genset Rental Market Ecosystem
3.5 Turkey Genset Rental Market Revenue Share, By Types, 2021 & 2031F
3.6 Turkey Genset Rental Market Revenue Share, By Applications, 2021 & 2031F
4. Turkey Genset Rental Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Turkey Genset Rental Market Trends
6. Turkey Genset Rental Market Overview
6.1 Turkey Genset Rental Market Revenues
6.2 Turkey Genset Rental Market Revenue Share and Revenues, By Types
6.3 Turkey Genset Rental Market Revenue Share and Revenues, By Applications
7. Turkey Genset Rental Market - Opportunity Assessment
7.1 Turkey Genset Rental Market Opportunity Assessment, 2031F
8. Turkey Genset Rental Market - Competitive Landscape
8.1 Turkey Genset Rental Market Revenue Share, By Company, 2021
8.2 Turkey Genset Rental Market Competitive Benchmarking, 2021
8.3 Turkey Genset Rental Market Competitive Benchmarking, on Technical Parameters, 2021
9. Company Profiles
9.1 Aggreko PLC
9.2 Atlas Copco
9.3 Caterpillar Inc.
9.4 Cummins Inc.
9.5 Aksa Power Generation
9.6 Teksan
9.7 APR Energy
9.8 Himoinsa S.L.
9.9 United Rentals Inc.
9.10 AGCO Corporation
10. Key Strategic Recommendations
11. Disclaimer
 

Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape

Product Code: ETC160018 Publication Date: Feb 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 80 No. of Figures: 12 No. of Tables: 4

Turkey Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The Turkey Genset Rental market outlook report provides an unbiased and detailed analysis of the Turkey Genset Rental market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Turkey Genset Rental Market Synopsis

The Genset rental market in Turkey has seen negative growth in the past years and is expected to show a severe decline during the current year on account of the coronavirus pandemic. However, the market would regain momentum post-2020 with a reduction in the impact of the COVID-19 pandemic and opening up of the economy and businesses.

Turkey Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, Turkey Genset Rental Market size is expected to grow at a CAGR of 10.6% during 2020-2026. The Turkey Genset rental market is anticipated to show moderate growth with the onset of various projects in the pipeline such as the Southeast Anatolia Project, Istanbul 3rd airport, Sinop nuclear plant, as such largescale projects would generate considerable demand for rental gensets.

Market Analysis By Types

In the present scenario, diesel gensets holds the maximum share in the overall Turkey Genset rental market revenues and is expected to maintain its dominance over the coming years as well on account of easy and cheap diesel availability in the country. 

Turkey Genset Rental Market Outlook (2020-2026)

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Turkey Genset Rental Market Overview
  • Turkey Genset Rental Market Outlook
  • Turkey Genset Rental Market Forecast
  • Historical data & Forecast of Turkey Genset Rental Market Revenues for the Period 2016-2026F
  • Historical data & Forecast of Turkey Genset Rental Market Revenues, By Types, for the Period 2016-2026F
  • Historical data & Forecast of Turkey Genset Rental Market Revenues, By kVA Rating, for the Period 2016-2026F
  • Historical data & Forecast of Turkey Genset Rental Market Revenues, By Applications, for the Period 2016-2026F
  • Historical data & Forecast of Turkey Genset Rental Market Revenues, By Prime Applications, for the Period 2016-2026F
  • Historical data & Forecast of Turkey Genset Rental Market Revenues, By Verticals, for the Period 2016-2026F
  • Turkey Genset Rental Market Drivers and Restraints
  • Turkey Genset Rental Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Turkey Genset Rental Market Opportunity Assessment
  • Turkey Genset Rental Market Player’s Revenue Shares
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Diesel Genset Rental
  • Gas Genset Rental

By kVA Rating

  • Diesel Genset
    • Below 100 kVA
    • 1-350 kVA
    • 1-750 kVA
    • 1-1000 kVA
    • Above 1000 kVA
  • Gas Genset
    • Below 100 kVA
    • 1-375 kVA
    • 1-1000 kVA
    • Above 1000 kVA

By Applications

  • Standby Genset Rental
  • Prime/ Continuous Genset Rental

By Prime Applications

  • Peak Load
  • Base Load

By Verticals

  • Utilities
  • Oil & gas
  • Construction
  • Manufacturing
  • Quarrying & Mining
  • Commercial
  • Others (Agriculture, Municipal Work, and Events)
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  • Global License
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