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Gas Fueled Power Rental Market Share

Report ID: GMI11059
Published Date: Nov 2024
Report Format: PDF

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Gas Fueled Power Rental Market Share

Gas Fueled Power Rental Company Market Share Analysis, 2024

The competition within the gas fueled power rental industry is characterized by a combination of established multinational companies and regional players striving to strengthen their market presence. Major competitors focus on offering technologically advanced products that emphasize high efficiency, reliability, and lower emissions to align with evolving environmental regulations and customer preferences. This competition is intensified by the continuous innovation in engine technology, including enhancements for better fuel efficiency, noise reduction, and remote monitoring capabilities.

Gas Fueled Power Rental Market Companies

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

Aggreko
Ashtead Group
Bredenoord
Byrne Equipment Rental
Caterpillar
Cummins
Generac Power Systems
GMMCO
Herc Rentals
HIMOINSA
Modern Hiring Service
Perennial Technologies
Shenton Group
Sudhir Power
United Rentals
Wagner Equipment

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of gas-fueled power rental reached USD 4.3 billion in 2024 and is set to grow at a 4.6% CAGR from 2025 to 2034, driven by stringent environmental regulations promoting cleaner energy solutions.

The 75 kVA - 375 kVA power rating segment is projected to exceed USD 2 billion by 2034, led by the growing frequency of weather-related incidents and the need for dependable power systems.

The U.S. market is set to surpass USD 1.2 billion by 2034, propelled by the rapid expansion of urban construction projects and the consistent demand across building sites and temporary offices.

The key players in the industry include Aggreko, Ashtead Group, Bredenoord, Byrne Equipment Rental, Caterpillar, Cummins, Generac Power Systems, GMMCO, Herc Rentals, HIMOINSA, Modern Hiring Service, Perennial Technologies, Shenton Group, Sudhir Power, United Rentals, and Wagner Equipment.