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Diesel Fueled Power Rental Market Size

Report ID: GMI11798
Published Date: Nov 2024
Report Format: PDF

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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.

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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 Report Attributes
Report Attribute	Details
Base Year:	2024
Diesel Fueled Power Rental Market Size in 2024:	USD 12.9 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	3.6%
2034 Value Projection:	USD 18.6 Billion
Historical Data for:	2021 to 2023
No. of Pages:	105
Tables, Charts & Figures:	45
Segments covered:	Power Rating, End Use, Application and Region
Growth Drivers:	Increasing intensity & frequency of weather-related disasters Unreliable grid infrastructure coupled with rapid population growth Rapid industrialization & infrastructure development
Pitfalls & Challenges:	Shifting trends toward renewable power generation

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Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market fo diesel-fueled power rental was reached USD 12.9 billion in 2024 and is estimated to grow at a 3.6% CAGR from 2025 to 2034, driven by stringent environmental regulations and increasing power outages.

What is the projected value of the diesel-fueled power rental market by 2034?

The 75 kVA - 375 kVA segment is expected to exceed USD 5.5 billion by 2034, led by the increasing occurrence of weather-related events and advancements in quieter operation technology.

The standby diesel-fueled power rental market is projected to grow at a CAGR of over 3% through 2034, propelled by the rapid development of essential infrastructure and the upgrading of aging power grids.

The U.S. diesel-fueled power rental market is set to surpass USD 3.5 billion by 2034, led by advancements in engine technology and the growth of key industrial sectors.

Key players in the industry include 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, and United Rentals.