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Power Rental Market Forecasts 2025-2030, with Company Profiles for United Rentals, Sunbelt Rentals, Wacker Neuson, Herc Rentals, Modern Energy Rental, PON Energy Rental, BPC Power Rental & More

1. Power rental market to grow at 7.59% CAGR by 2030. 2. Demand driven by oil, gas, and infrastructure development. 3. North America leads growth due to extreme weather and tech advancements. 4. Urbanization increases reliance on rented power equipment. 5. United Rentals is a key player in the expanding market.

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FAQ

Why Bullish?

The forecasted growth in the power rental market positively influences URI as a leading provider. Past trends show URI benefits from increasing demand for rental equipment in construction and disaster recovery.

How important is it?

The report highlights market trends that are directly relevant to URI's operations and strategies. Understanding these trends is crucial for anticipating URI's market position and growth opportunities.

Why Long Term?

The expected market growth indicates sustained demand for years, benefitting URI long-term. Historical analysis suggests similar growth cycles have positively impacted URI's financial performance.

Related Companies

URICaterpillarHerc Rentals Inc.AggrekoGenerac Power Systems
Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "Power Rental Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering.The global power rental market is expected to grow at a CAGR of 7.59%, reaching a market size of US$35.188 billion in 2030 from US$24.408 billion in 2025. The increasing power consumption in various parts of the world is one of the most important factors driving the market for power rental during the analysis period. Notably, the oil and gas industry is the most prominent user of rented power generators, which serve its exploration and production activities and for building infrastructure. This is also complemented by awareness of the benefits of outsourcing power equipment. Another emerging demand is for scalable rental equipment to cope with outages and voltage sags and swells.Moreover, the construction of hotels and malls, besides government initiatives promoting the expansion of metro and airport networks, is also driving power rental demand in developed and developing countries. The market will register faster growth due to other factors, such as the increasing use of renewable energy resources in place of fossil fuels in an attempt to cut down carbon emissions. Urbanization and the development of infrastructure are contributing to the global power rental market growthThe growing urbanization propelled by ongoing urban and infrastructure development remains one of the major factors pushing the power rental market in developing economies. As cities grow, the demands for visible and reliable power sources increase as more infrastructure projects arise. Examples of construction activities that consume enormous amounts of power for machinery and equipment are commercial and residential buildings where public infrastructure, intended mainly for roads and bridges, is built. Most firms are more inclined to rent power equipment than purchase and maintain it; power equipment is usually required for short-term use. Such developments thus scaled the demand for becoming mainstream in contemporary urban development initiatives for power rental.North America is witnessing exponential growth during the forecast period.The increasing frequency of extreme weather events like hurricanes, wildfires, and storms is driving significant growth in the North American power rental market. This frequently results in power outages that call for short-term power fixes. Furthermore, a steady and dependable power supply is required for the region's industrial and infrastructure advancements, which makes rental power services crucial for manufacturing facilities, temporary buildings, and construction sites. In addition, the North American market gains from technological developments in generator equipment, such as more ecologically friendly and energy-efficient models that companies are embracing to satisfy strict regulations. Report Coverage: Historical data & forecasts from 2022 to 2030Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend AnalysisCompetitive Positioning, Strategies, and Market Share AnalysisRevenue Growth and Forecast Assessment of segments and regions including countriesCompany Profiling (Strategies, Products, Financial Information, and Key Developments among others) WartsilaUnited Rentals Inc.CaterpillarSunbelt Rentals LtdWacker Neuson SEHerc Rentals Inc.Atlas Copco (India) LtdCummins Inc.AggrekoGenerac Power Systems, IncSudhir PowerModern Energy RentalPON Energy RentalPower Link EnergyBPC Power Rental Report AttributeDetailsNo. of Pages142Forecast Period2025 - 2030Estimated Market Value (USD) in 2025$24.41 BillionForecasted Market Value (USD) by 2030$35.19 BillionCompound Annual Growth Rate7.5%Regions CoveredGlobal Key Topics Covered:1. INTRODUCTION2. RESEARCH METHODOLOGY3. EXECUTIVE SUMMARY3.1. Key Findings3.2. CXO Perspective4. MARKET DYNAMICS4.1. Market Drivers4.2. Market Restraints4.3. Porter's Five Forces Analysis4.4. Industry Value Chain Analysis4.5. Analyst View5. GLOBAL POWER RENTAL MARKET BY FUEL5.1. Introduction5.2. Diesel5.3. Gas6. GLOBAL POWER RENTAL MARKET BY APPLICATION6.1. Introduction6.2. Standby6.3. Peak Shaving6.4. Baseload7. GLOBAL POWER RENTAL MARKET BY END-USER7.1. Introduction7.2. Oil & gas7.3. Construction7.4. Mining7.5. Events7.6. Others8. GLOBAL POWER RENTAL MARKET BY GEOGRAPHY9. COMPETITIVE ENVIRONMENT AND ANALYSIS9.1. Major Players and Strategy Analysis9.2. Market Share Analysis9.3. Mergers, Acquisitions, Agreements, and Collaborations9.4. Competitive Dashboard10. COMPANY PROFILES WartsilaUnited Rentals Inc.CaterpillarSunbelt Rentals LtdWacker Neuson SEHerc Rentals Inc.Atlas Copco (India) LtdCummins Inc.AggrekoGenerac Power Systems, IncSudhir PowerModern Energy RentalPON Energy RentalPower Link EnergyBPC Power Rental For more information about this report visit https://www.researchandmarkets.com/r/ikblhi About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. power rental Market power rental Market power rental Market

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