Global Power Rental Market (2025-2031) | Supply, Companies, Revenue, Strategic Insights, Industry, Competition, Share, Outlook, Demand, Restraints, Challenges, Investment Trends, Drivers, Growth, Segments, Pricing Analysis, Size, Segmentation, Consumer Insights, Trends, Strategy, Opportunities, Value, Competitive, Analysis, Forecast

Global Power Rental Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Global Power Rental Market was valued at USD 21.8 billion in 2024 and is projected to reach nearly USD 42.6 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 9.2% during the forecast period (2025-2031).

Global Power Rental Market Highlights

Topics Covered in the Global Power Rental Market Report

The Global Power Rental Market report thoroughly covers the market by types, KVA ratings, end-user, and regions. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers, helping stakeholders devise and align their market strategies according to the current and future market dynamics.

Global Power Rental Market Synopsis

The Global Power Rental Market is set to grow significantly, driven by the increasing need for temporary and backup power solutions in industries like oil and gas, construction, and manufacturing. Diesel and gas-powered rental systems are being used more frequently to handle power shortages, offer backup during outages, and manage peak demand. The growing infrastructure and industrial growth in emerging economies are contributing to the rising demand, while government regulations that emphasize sustainability and energy efficiency are promoting the adoption of cleaner energy rental options, including gas-powered systems.

Evaluation of Growth Drivers in the Global Power Rental Market

Below are some prominent drivers and their influence on the market dynamics:

The Global Power Rental Market is anticipated to register a CAGR of 9.2% during the forecast period of 2025-2031. This growth is driven by the growing need for temporary power solutions across industries. The demand for rental power systems, especially diesel and gas-powered units, is fueled by growing energy needs in sectors like oil and gas, construction, manufacturing, and utilities. Additionally, advancements in energy-efficient technologies and government regulations promoting sustainability are further driving market expansion. Global Power Rental Market Growth is significantly influenced by these factors, contributing to a major increase in the adoption of rental power solutions across various industries.

Evaluation of Restraints in the Global Power Rental Market

Below are some major restraints and their influence on the market dynamics:

Global Power Rental Market Challenges

The Global Power Rental Industry encounters several challenges, such as high initial costs for large-scale diesel and gas systems and environmental concerns. Regulatory challenges related to emissions standards and the rise of renewable energy solutions further limit growth. Furthermore, the ongoing need for maintenance and escalating fuel costs creates operational difficulties. These factors could slow down market expansion, highlighting the need to address environmental issues and explore alternative energy solutions for sustainable growth in the power rental market.

Global Power Rental Market Trends

Several prominent trends reshaping the market growth include:

• Hybrid Power Rental Systems: Combining diesel and renewable energy sources, hybrid rental systems are becoming increasingly sought after for their sustainable and budget-friendly solutions.
• Smart and Connected Power Systems: By utilizing IoT and smart technologies, power rental systems now offer features like real-time monitoring and predictive maintenance to improve performance.
• Increased Demand for Gas-Powered Rentals: Gas-powered rental systems are gaining popularity due to the increasing demand for more sustainable and environmentally conscious energy options.
• Miniaturization of Rental Units: Smaller, portable power rental units are becoming more common, offering easy transport and deployment in a variety of sectors.

Investment Opportunities in the Global Power Rental Market

Prominent investment opportunities in the market include:

• Development of Hybrid Rental Solutions – Invest in hybrid power systems that combine traditional fuel and renewable energy sources for a more sustainable energy solution.
• Focus on Gas-Powered Rental Systems – Allocate resources to expand gas-powered rental systems in response to the rising need for eco-friendly energy options.
• IoT-Enabled Power Rental Units – Develop and invest in smart, IoT-connected power rental solutions that offer real-time monitoring, performance analytics, and predictive maintenance features.
• Portable Power Solutions – Focus on growing the market for compact, portable power rental units, particularly for industries requiring temporary or remote energy solutions.

Top 5 Leading Players in the Global Power Rental Market

Some leading players operating in the Global Power Rental Market Share include:

1. United Rentals

United Rentals is a major player in the power rental market, offering a wide range of rental solutions, including generators for various sectors like construction, manufacturing, and utilities.

2. Aggreko

Aggreko provides temporary power solutions worldwide, offering diesel, gas, and hybrid power systems for industries like oil and gas, construction, and events.

3. Caterpillar Inc.

Caterpillar offers rental services for a wide range of power generation solutions, including diesel and gas generators, to meet the needs of various industries.

4. Atlas Copco

Atlas Copco provides energy-efficient power rental solutions, focusing on sustainable and cost-effective power generation systems for a range of industrial applications.

5. Kohr Group

Kohr Group is a prominent provider of power rental solutions in Europe, specializing in temporary power systems for construction, events, and industrial sectors.

Government Regulations Introduced in the Global Power Rental Market

Several government regulations promote the use of rental power systems across sectors. For example, many countries are implementing stricter emissions standards for diesel generators, encouraging the shift to cleaner gas-powered units. Subsequently, initiatives like the EU energy efficiency programs are driving the adoption of sustainable and energy-efficient rental power solutions. These regulations aim to reduce environmental impact while ensuring reliable and efficient power supply, further accelerating the growth of the rental power market.

Future Insights of the Global Power Rental Market

The Global Power Rental Market is set for continuous growth, driven by growing industrial activities and a rising need for backup and temporary power solutions. Demand for portable, hybrid, and gas-powered systems will grow, supported by government regulations promoting sustainability. However, advancements in cleaner energy systems and the integration of IoT technologies for enhanced monitoring and management of power systems will further accelerate market expansion, ensuring more efficient and sustainable power rental solutions across various sectors.

Market Segmentation Analysis

Diesel Power Rental to Dominate the Market- By Types

According to Ritika Kalra, Senior Research Analyst at 6Wresearch, Diesel Power Rental dominates the market due to its widespread use in emergency backup power, construction projects, and remote areas with no access to a power grid. Diesel generators offer high power output and are often more cost-effective for short-term use.

750.1 KVA-1000 KVA to Dominate the Market- By KVA Rating

750.1 KVA-1000 KVA and Above 1000 KVA segments dominate in the Diesel Power Rental category. These higher KVA ratings are preferred in large-scale applications such as construction, manufacturing, and events that require substantial power for machinery, temporary infrastructure, or entire sites.

Construction to Dominate the Market - By End-User Applications

Construction dominates the End-User Applications segment. The construction industry relies heavily on power rental solutions to support operations on job sites where there is limited access to permanent electricity. Rental power is essential for powering machinery, tools, and temporary lighting. It is also used in off-grid locations where establishing a power supply would be costly and time-consuming.

North America to Dominate the Market- By Regions

North America dominates the Global Power Rental Market due to the region's substantial demand for temporary power solutions in various industries, including construction, oil and gas, and events. The growing number of infrastructure projects, natural disasters requiring backup power, and the oil and gas industry reliance on portable power for exploration and production activities drive the demand for power rental services.

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:

• Global Power Rental Market Overview
• Global Power Rental Market Outlook
• Global Power Rental Market Forecast
• Historical Data of Global Power Rental Revenues for the Period 2021-2031
• Global Power Rental Market Size and Forecast of Revenues, Until 2031
• Historical Data of Global Power Rental Market Revenues, By Types, for the Period 2021-2031
• Market Size & Forecast of Global Power Rental Market Revenues, By Types, until 2031
• Historical Data of Global Power Rental Market Revenues, By KVA ratings, for the Period 2021-2031
• Market Size & Forecast of Global Power Rental Market Revenues, By KVA rating, until 2031
• Historical Data of Global Power Rental Market Revenues, By End-User Applications, for the Period 2021-2031
• Market Size & Forecast of Global Power Rental Market Revenues, By End-User Applications, until 2031
• Historical Data of North America Power Rental Market Revenues, for the Period 2021-2031
• Market Size & Forecast of North America Power Rental Market Revenues, until 2031
• Historical Data of Europe Power Rental Market Revenues, for the Period 2021-2031
• Market Size & Forecast of Europe Power Rental Market Revenues, until 2031
• Historical Data of APAC Power Rental Market Revenues, for the Period 2021-2031
• Market Size & Forecast of APAC Power Rental Market Revenues, until 2031
• Historical Data of the Middle East & Africa Power Rental Market Revenues, for the Period 2021-2031
• Market Size & Forecast of the Middle East & Africa Power Rental Market Revenues, until 2031
• Historical Data of Latin America Power Rental Market Revenues, for the Period 2021-2031
• Market Size & Forecast of Latin America Power Rental Market Revenues, until 2031
• Market Drivers and Restraints
• Global Power Rental Market Trends and Industry Life Cycle
• Global Power Rental Market Share, By Regions
• Global Power Rental Market Share, By Players
• Global Power Rental Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Covered

The Global Power Rental Market report provides a detailed analysis of the following market segments

By Type

Diesel Power Rental

Gas Power Rental

By KVA Rating

• Diesel Power Rental
• Up to 100 KVA
• 1 KVA-350 KVA
• 1 KVA-750 KVA
• 1 KVA-1000 KVA
• Above 1000 KVA

By End-User

• Power Utilities
• Oil & Gas
• Construction
• Manufacturing
• Quarrying and Mining
• Others
• Hospitality
•  Retail
•  Hospital
•  Educational Institutes
• Commercial Offices

By Region

• North America
• Europe
• APAC
• Middle East & Africa
• Latin America