Indonesia Power Rental Market size is projected to witness CAGR of 4.2% during 2024-2030

In terms of Type, diesel generators secured the highest revenue share in the Indonesia Power Rental Market – 6Wresearch

By Type, Diesel generators has accomplished highest revenue share in the market, primarily attributed to their superior fuel efficiency and higher energy density compared to natural gas. Diesel engines generally provide more power per unit of fuel, resulting in a cost-effective solution in terms of fuel consumption.

According to 6Wresearch, Indonesia Power Rental Market size is projected to witness CAGR of 4.2% during 2024-2030. The investment in railway infrastructure, combined with government initiatives to enhance public transportation, alongside increasing investments in the hospitality sector, is projected to bolster the demand for power rental services within the country.

Moreover, Indonesian power utility sector is undergoing significant transformation amidst challenges and opportunities. With a total installed capacity of 81 GW in 2022, the national transmission system consists of approximately 58,959 km of electrical lines and 77,514 Mega Volt Amperes of transmission transformer capacity. The distribution system includes approximately 946,101 km of transmission lines and 41,987 MVA of transformer capacity. Furthermore, the distribution system plans to add approximately 456.5 km of lines by 2030. Moreover, the sector is poised for substantial growth, targeting 108.79 GW by 2029, with an annual expansion rate of 4.9%. However, over 60% of the electricity mix is coal-based, raising environmental concerns, and highlighting the need for transitioning to cleaner energy sources.

According to Shivankar, Research Manager, 6Wresearch, the power utilities garnered the highest revenue share in the market, primarily due to the prevalence of operations to homes, businesses, and industries where there is additional requirement for electric supply. Rental gensets emerged as a convenient, cost effective and independent power solution for these industries, addressing their unique power needs.

The Indonesia Power Rental market (2024-2030) report provides an in-depth analysis with 24 figures and 8 tables, covering 80 pages. Indonesia Power Rental market report thoroughly covers the Genset Rentals market by types, kVA Rating, application & region. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities, high growth areas, market drivers, and market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.