Diesel Fueled Power Rental Market Size – By Power Rating, By End Use, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

Diesel Fueled Power Rental Market Size

The diesel fueled power rental market was valued at USD 12.9 billion in 2024 and is estimated to grow at a CAGR of 3.6% from 2025 to 2034. Ongoing stringent environmental regulations that advocate for energy-efficient solutions combined with the increasing frequency of natural disasters, grid failure, and power outages will encourage the business growth. The expansion of infrastructure projects in key regions in line with a surging demand for temporary power solutions will positively sway industry penetration.
 

Diesel fueled power rental solution refers to the temporary provision of electricity generation systems powered by diesel engines, typically used in scenarios where a reliable power supply is needed on a short-term basis. The surge in urban development and the continuous rollout of construction projects coupled with advancements in diesel engine technology will influence the need for power rental solutions. Furthermore, the increasing incorporation of remote monitoring and IoT technologies in diesel generators facilitates enhanced control over power output, improved fuel efficiency, and streamlined maintenance processes, significantly boosting the industry potential.
 

Diesel Fueled Power Rental Market Trends

The power rental industry is poised for significant growth, driven by its reliability and capacity to deliver stable electricity in remote and off-grid areas. The escalating demand for these solutions during events such as concerts, festivals, and emergency situations caused by natural disasters will further propel the business dynamics. Furthermore, continuous development and expansion of commercial and industrial facilities along with necessary upgrades to aging power grid infrastructure will proliferate industry penetration.
 

Diesel Fueled Power Rental Market Analysis

The > 75 kVA - 375 kVA rated diesel fueled power rental industry will exceed USD 5.5 billion by 2034. The increasing occurrence of weather-related events comprising of cyclones and thunderstorms in line with the rising demand for reliable power to sustain daily operations will bolster the business outlook. Continuous advancements in technology particularly in quieter operation and noise reduction will further escalate the industry penetration. Moreover, favorable regulatory policies and a growing appetite for sophisticated power solutions in commercial and industrial sectors will encourage the adoption of these units.
 

The standby diesel fueled power rental market size will witness at a CAGR of over 3% through 2034, propelled by the rapid development of essential infrastructure comprising of hospitals, data centers, and manufacturing facilities. An upgradation of aging power grids combined with increasing demand for standby generators to ensure continuous power during outages will strengthen the product deployment. In addition, heightened environmental consciousness and stringent emissions regulations in association with the adoption of advanced control & automation systems will create favorable business opportunities.
 

The U.S. diesel fueled power rental market is set to surpass USD 3.5 billion by 2034. Continuous advancements in engine technology focused on enhancing reliability, performance, and fuel efficiency in association with the growth of key industrial sectors including manufacturing, construction, and oil and gas will propel the business prospects. Moreover, the implementation of carbon pricing and cap-and-trade programs in various states combined with the shift toward lower-emission solutions will accelerate the deployment of these products.
 

The North America diesel fueled power rental market is poised for robust growth on account of integration of cutting-edge technologies and the demand for highly efficient power solutions. The increase in construction projects across urban areas coupled with a strong need for temporary power at construction sites and office facilities will invigorate industry prospects. The rising implementation of smart technologies equipped with remote monitoring and control features will enhance performance optimization and fuel efficiency, further propelling the business growth.
 

Diesel Fueled Power Rental Market Share

The competition in the diesel-fueled power rental market is characterized by a blend of established players and emerging companies, all vying for market share through innovation and service excellence. Major industry participants including Caterpillar, Aggreko, and Cummins dominate the landscape by offering a broad range of high-capacity generators tailored for diverse applications, including construction, events, and emergency backup. Competitive strategies often revolve around technological advancements, with many companies integrating digital solutions and IoT capabilities to enhance operational efficiency and monitoring.
 

Diesel Fueled Power Rental Market Companies

Major players operating in the diesel fueled power rental industry are:

• Aggreko
• APR Energy
• Ashtead Group
• Atlas Copco
• Bredenoord
• Byrne Equipment Rental
• Caterpillar
• Cummins
• Generac Power Systems
• Herc Rentals
• Himoinsa
• Modern Hiring Service
• Perennial Technologies
• Shenton Group
• Sudhir Power
• United Rentals
   

Diesel Fueled Power Rental Industry News

• In August 2024, Atlas Copco completed its acquisition of Generator Rental Services Limited, a firm renowned for its expertise in power rental solutions. This strategic move significantly bolstered Atlas Copco's capabilities in delivering specialized power & temperature control equipment, enhancing its footprint in the technical power rental market. Furthermore, this acquisition provides a solid growth platform within the Oceania region, enabling the company to offer advanced, tailored solutions to sectors including power utilities, general industry, and civil construction.
   
• In February 2024, Byrne Equipment Rental announced the expansion of its fleet to meet the increasing project activity in the region. This initiative involves the acquisition of cutting-edge machinery and tools designed to enhance operational efficiency and serve a diverse array of industrial applications. The upgraded fleet features state-of-the-art equipment that prioritizes reliability and performance across various operational settings. This strategic initiative positions Byrne to adeptly address the escalating demands of its clientele.
   

This diesel fueled power rental market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2021 to 2034, for the following segments:

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Market, By Power Rating

• ≤ 75 kVA
• > 75 kVA - 375 kVA
• > 375 kVA - 750 kVA
• > 750 kVA

Market, By End Use

• Telecom
• Data Center
• Healthcare
• Oil & Gas
• Electric Utilities
• Offshore
• Manufacturing
• Construction
• Mining
• Marine
• Others

Market, By Application

• Standby
• Peak Shaving
• Prime/Continuous

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Russia
  • UK
  • Germany
  • France
  • Spain
  • Austria
  • Italy
• Asia Pacific
  • China
  • Australia
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Vietnam
  • Philippines
• Middle East
  • Saudi Arabia
  • UAE
  • Qatar
  • Türkiye
  • Iran
  • Oman
• Africa
  • Egypt
  • Nigeria
  • Algeria
  • South Africa
  • Angola
  • Kenya
  • Mozambique
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile