<div style="text-align: justify;"><span style="font-weight: bold;"><span style="background-color: transparent;">Power Rental Market&nbsp;</span>Introduction and Overview&nbsp;</span></div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold; font-style: italic;">According to SPER Market Research, the Global Power Rental Market is estimated to reach USD 20.66 billion by 2034 with a CAGR of 6.36%.</span></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The report includes an in-depth analysis of the Global Power Rental Market, including market size and trends, product mix, Applications, and supplier analysis. The global power rental market is predicted to reach USD 11.15 billion in 2024, growing at a CAGR of 6.36% between 2025 and 2034. Several significant reasons contribute to market growth, making it an important component in a variety of sectors. One of the key delivers is the increasing requirement for reliable power supply. Many sectors, particularly those in developing countries, experience frequent power outages or a lack of dependable grid infrastructure. Power rental solutions provide a flexible and quick alternative for ensuring continuous operations in industries such as construction, manufacturing, and oil and gas. The demand for temporary power solutions is increasing as these industries become more reliant on them.</div><div style="text-align: justify;"><img src="https://reports.sperresearch.com/data/power_rental_market_1-005085117042025.webp" alt="Power Rental Market " style="text-align: left; max-width: 100%;" id="img_1744867922048"></div><div style="text-align: justify;"><span style="font-weight: bold;">By Fuel Type Insights</span></div><div style="text-align: justify;">The diesel segment had the largest revenue share in 2024. Diesel fuel continues to lead the power rental market due to important factors. Diesel generators are popular for their high efficiency, reliability, and capacity to produce large power amounts at low operational costs. In industries like construction, mining, and oil &amp; gas, where operations may be in remote areas, diesel generators provide a reliable solution for temporary and emergency power needs. The global availability and easy transportation of diesel fuel make it a practical option, especially in developing regions with unreliable grid infrastructure.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold;">By Equipment Insights</span></div><div style="text-align: justify;">The generators segment held the largest revenue share in 2024. The rising need for continuous and reliable power in industries like construction, oil &amp; gas, mining, and manufacturing drives the demand for generator rentals. These sectors often operate in remote areas where power supply is unstable, making generators vital for temporary power needs. The increasing frequency of natural disasters and grid failures has also led to a greater need for rental generators as backup power to prevent disruptions and financial losses.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The transformer rental segment is seeing more demand for smart transformers that enable real-time monitoring and energy optimization. Companies are adopting advanced technologies for better efficiency, including features like predictive maintenance and automated fault detection. There is also a trend toward sustainable transformers that aim to reduce energy losses and environmental impact, responding to global calls for greener energy and compliance with stricter emissions regulations.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold;">By End User Insights</span></div><div style="text-align: justify;">The construction segment saw the highest revenue share in 2024 due to the need for power in remote areas where grid power is not available or unreliable. Rental power equipment helps avoid delays in large infrastructure projects, as construction power needs change throughout different project phases, making renting more cost-effective than investing in permanent power setups.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The events sector is another important user, requiring reliable temporary power for concerts, festivals, sports, exhibitions, and corporate events. These activities often occur in places without stable power systems. As events expand, the need for nonstop power for lighting, sound, catering, and security becomes crucial. Renting tailored generators helps event organizers operate efficiently and economically.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold;">Regional Insights</span></div><div style="text-align: justify;">Asia Pacific led the global power rental market, holding the largest revenue share in 2024. The region is growing quickly due to urbanization, industrial growth, and more infrastructure projects in countries like India, China, and Southeast Asia. A major trend is the rising need for temporary power in construction as governments invest in roads, bridges, and railways. Additionally, there is a growing demand for reliable power in remote areas, especially in mining and oil &amp; gas.</div><div style="text-align: justify;">In North America, the power rental market is also growing steadily. This growth is mainly due to aging power infrastructure and frequent outages in the U.S., leading industries like construction and event management to depend more on rental power.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><img src="https://reports.sperresearch.com/data/power_rental_market_2-005105617042025.webp" alt="Power Rental Market " style="text-align: left; max-width: 100%;" id="img_1744867939096"></div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><div style="line-height: 1.5rem; letter-spacing: 0.025rem; text-align: center;"><span style="line-height: 1.5rem; letter-spacing: 0.025rem; text-align: justify; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; font-size-adjust: none; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: bolder; font-stretch: normal;"><a href="https://www.sperresearch.com/report-store/power-rental-market?sample=1" target="_blank" style="font-size: large;">Get more information on this report: Download Free Sample PDF</a></span></div></div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold;">Market Competitive Landscape</span></div><div style="text-align: justify;">The Power Rental market is characterised by a competitive landscape with significant competitors including Caterpillar Inc., Cummins Inc., Aggreko, Atlas Copco, Kohler-SDMO, and others. These organisations are focussing on R&amp;D to improve their product offerings and address the growing need for power backup solutions. Companies are also pursuing strategic collaborations and innovations to improve their market positions and efficiently meet client needs.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold;">Recent Developments:</span></div>https://www.sperresearch.com/report-store/power-rental-market?sample=1<div style="text-align: justify;"><span style="font-weight: bold;"><br></span></div><div style="text-align: justify;"><ul><li>Yak Access, LLC, Yak Mat, LLC, and New South Access &amp; Environmental Solutions, LLC were purchased by United Rentals, Inc. in March 2024 for a total of USD 1.1 billion.</li><li><br></li><li>The Cat® XQ330 mobile diesel generator set, a novel power solution for prime and standby power applications that satisfies U.S. EPA Tier 4 Final emission criteria, was unveiled by Caterpillar Inc. in February 2023. The Cat C9, which uses less fuel, powers the XQ330.</li><li><br></li><li>October 2023 – Shenton Group, a reputable provider of power and energy solutions, is delighted to announce the addition of 500 kVA generators to its rental fleet. Shenton Group, known for its client satisfaction and efficient service, now provides these high-capacity generators for hire to fulfil expanding demand across industries.</li></ul><div><br></div></div><div style="text-align: justify;"><div><span style="line-height: 16.8px; background-color: transparent; font-weight: 700; text-align: center;">Scope of the Report:</span><br></div><div><span style="line-height: 16.8px; background-color: transparent; font-weight: 700; text-align: center;"><br></span></div><div><div style="text-align: left;"><div style="text-align: justify;"><div style="text-align: center;"><table class="table" align="center" cellspacing="1" cellpadding="1" border="1" style="line-height: 21px; border-width: initial; border-style: none; border-color: initial; width: 600px;"><tbody><tr><td style="line-height: 1.42857;"><span style="line-height: 16.8px; font-weight: bold;">&nbsp;Report Metric</span></td><td style="line-height: 1.42857;">&nbsp;<span style="line-height: 16.8px; font-weight: bold;">Details</span></td></tr><tr><td style="line-height: 1.42857;">&nbsp;Market size available for years</td><td style="line-height: 1.42857;">&nbsp;<span style="line-height: 16.8px; text-align: justify;">2021-2034</span></td></tr><tr><td style="line-height: 1.42857;">&nbsp;Base year considered</td><td style="line-height: 1.42857;">&nbsp;<span style="line-height: 16.8px; text-align: justify;">2024</span></td></tr><tr><td style="line-height: 1.42857;">&nbsp;Forecast period</td><td style="line-height: 1.42857;">&nbsp;<span style="line-height: 16.8px; text-align: justify;">2025-2034</span></td></tr><tr><td style="line-height: 1.42857;">&nbsp;Segments covered</td><td style="line-height: 1.42857;"><span style="line-height: 16.8px; text-align: justify; white-space: pre;">	</span><span style="line-height: 16.8px; text-align: justify; background-color: transparent;">By Fuel Type, By Equipment, By End-User</span></td></tr><tr><td style="line-height: 1.42857;">&nbsp;Regions covered</td><td style="line-height: 1.42857;"><div style="font-family: Gotham, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; text-align: justify;">North America, Latin America, Asia-Pacific, Europe, and Middle East &amp; Africa</div></td></tr><tr><td style="line-height: 1.42857;">&nbsp;Companies Covered</td><td style="line-height: 1.42857; text-align: justify;"><div>Caterpillar Inc, Cummins Inc, Aggreko, Atlas Copco, Kohler-SDMO, Shenton Group, NIDS GROUP, Jassim Transport &amp; Stevedoring Co. K.S.C.C, Pump Power Rental, United Rentals, Sudhir Power Ltd, Modern Hiring Service, Newburn Power Rental Ltd, Global Power Supply, FG Wilson, ProPower Rental.</div><div><br></div></td></tr></tbody></table></div></div></div></div></div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><span style="font-weight: bold;">Key Topics Covered in the Report</span></div><div style="text-align: justify;"><ul><li>Global Power Rental Market Size (FY’2021-FY’2034)</li><li>Overview of Global Power Rental Market</li><li>Segmentation of Global Power Rental Market By Fuel Type (Diesel, Natural Gas, Other Fuel Type)</li><li>Segmentation of Global Power Rental Market By Equipment (Generators, Transformers, Load Banks, Other Equipment)</li><li>Segmentation of Global Power Rental Market By End User (Mining, Construction, Manufacturing, Utility, Events, Oil &amp; Gas, Others)</li><li>Statistical Snap of Global Power Rental Market</li><li>Expansion Analysis of Global Power Rental Market</li><li>Problems and Obstacles in Global Power Rental Market</li><li>Competitive Landscape in the Global Power Rental Market</li><li>Details on Current Investment in Global Power Rental Market</li><li>Competitive Analysis of Global Power Rental Market</li><li>Prominent Players in the Global Power Rental Market</li><li>SWOT Analysis of Global Power Rental Market</li><li>Global Power Rental Market Future Outlook and Projections (FY’2025-FY’2034)</li><li>Recommendations from Analyst</li></ul></div>