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Diesel Fueled Power Rental Market Trends

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

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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.

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.