Market Overview: Power Rental Market FY2024-2030

This reports provides an essential and dependable overview of the Power Rental Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.

Power Rental Market Report Coverage Details:

Base Year: 2023
Historical Data: 2019-22
Forecast Period: 2024-2030
CAGR: 4.93% (2024-2030)

The Global Power Rental Market size was valued at USD 12,898 Million in 2024 and is estimated to grow at a CAGR of around 4.93% during the forecast period, i.e., 2024-30.

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Power Rental Market Challenge:

Stringent Government Regulations Limiting Market Growth – The governments of various countries are focusing on reducing emissions and meeting environmental regulations. With growing environmental concerns, each country has come up with its own sets of regulations and policies to reduce emissions.

Moreover, a country like the US is aiming towards curbing carbon emissions, by regulating diesel fuel consumption, which accounts for CO2 emissions, and greenhouse effects, negative effects on human health. For these reasons, the market growth is decreasing, which affects the market growth of the Power Rental market.

Power Rental Market Segmentation Analysis – FY2024-2030

Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Power Rental Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.

The Power Rental Market segmentation is enlisted below:

By Equipment

Generators- Market Size & Forecast 2019-2030F, USD Million
Transformers- Market Size & Forecast 2019-2030F, USD Million
Load Banks- Market Size & Forecast 2019-2030F, USD Million
Ancillary Equipment- Market Size & Forecast 2019-2030F, USD Million

By Fuel Type

Diesel- Market Size & Forecast 2019-2030F, USD Million
Natural Gas- Market Size & Forecast 2019-2030F, USD Million

By Application

Peak Shaving- Market Size & Forecast 2019-2030F, USD Million
Base Load- Market Size & Forecast 2019-2030F, USD Million
Stand by- Market Size & Forecast 2019-2030F, USD Million

By Power Rating

Up to 50 KW- Market Size & Forecast 2019-2030F, USD Million
51KW – 500KW- Market Size & Forecast 2019-2030F, USD Million
501KW- 2500 KW- Market Size & Forecast 2019-2030F, USD Million
Above 2500KW- Market Size & Forecast 2019-2030F, USD Million

By End-User

Power Utility- Market Size & Forecast 2019-2030F, USD Million
Manufacturing- Market Size & Forecast 2019-2030F, USD Million
Construction- Market Size & Forecast 2019-2030F, USD Million
Mining & Metals- Market Size & Forecast 2019-2030F, USD Million
Others (Events, Corporate & Retail)- Market Size & Forecast 2019-2030F, USD Million

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By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Power Rental Market Competitive Landscape

Aggreko Plc, Ashtead Group Plc., United Rental Inc., Atlas Copco, Caterpillar Inc., Generac Holdings Inc., Bredenoord, Nishio Rent All Singapore Pte Ltd., Herc Rental Inc., Rental Solutions & Services, LM Generating Power Co., Ltd., Speedy Hire Plc, APR Energy, Newburn Power Rental, Others.

Power Rental Industry News:

2023: Aggreko Plc announced the acquisition of Resolute Industrial and Crestchic plc, creating additional growth opportunities through access to high return on capital equipment usually in short supply in the industry.

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Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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