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

Prime Diesel Fueled Power Rental Market Size

The global prime diesel fueled power rental market size was valued at USD 4.9 billion in 2024 and is estimated to grow at a CAGR of 3.6% from 2025 to 2034. Stringent environmental regulations promoting energy-efficient power solutions coupled with the growing frequency of power outages, grid failures, and natural disasters will stimulate the business growth. Expanding infrastructure development in emerging economies in association with increasing demand for reliable and temporary power solutions will augment the industry landscape.
 

For instance, the International Energy Agency forecasts global electricity demand to rise at an average annual rate of over 3%, underscoring the urgent need for adaptable and responsive power solutions capable of managing demand spikes & addressing emergency situations.
 

Prime diesel fueled power rental refers to the provision of temporary power solutions using diesel gensets designed for continuous operation at variable load conditions over extended periods. These rental power systems are typically employed in scenarios where the primary power source is unavailable, insufficient, or impractical, ensuring reliable electricity supply for industrial, commercial, and critical infrastructure applications. Rapid urbanization, active construction projects, and advancements in diesel engines will fuel the demand for power rental services.
 

Moreover, the growing adoption of remote monitoring and IoT technology in modern generator sets enhances control over power output, simplifies maintenance, and optimizes fuel efficiency, which will encourage industry momentum.
 

Prime Diesel Fueled Power Rental Market Trends

The industry is poised for substantial growth fueled by the reliability of rental units in providing consistent power to remote and off-grid locations. Rising demand for these solutions at events including concerts, festivals, and emergency response operations during natural disasters will fortify the industry expansion. In addition, the continuous development of industrial and commercial facilities combined with the ongoing modernization of aging power grid infrastructure will proliferate the demand for diesel fueled power rental solutions.
 

Prime Diesel Fueled Power Rental Market Analysis

The > 75 kVA - 375 kVA rated segment will exceed USD 2 billion by 2034. The growing frequency of weather-related events comprising of cyclones and thunderstorms coupled with the essential need for reliable power to sustain daily operations will positively influence the demand for these systems. The incorporation of advanced technological features including quieter performance and efficient noise reduction will strengthen the industry landscape. Furthermore, supportive regulatory policies and rising demand for advanced power solutions across industrial and commercial sectors will boost product penetration.
 

The oil & gas prime diesel fueled power rental market size will witness a growth at a CAGR of over 3% through 2034. The industry is positioned for substantial growth driven by ongoing extraction, exploration, and refining activities that sustain the need for dependable, temporary power solutions. The steady growth of oil & gas operations into remote and off-grid locations, combined with a growing reliance on diesel generators for consistent power supply will escalate the industry scenario.
 

Furthermore, the increasing demand for emergency backup systems to maintain operational continuity and mitigate costly disruptions during power outages will accelerate business growth.
 

U.S. prime diesel fueled power rental market is set to reach over USD 150 million by 2034. Continuous technological advancements in engine system aimed at improving performance, reliability, and fuel efficiency coupled with the growth of key industries comprising of construction, oil & gas, and manufacturing will complement the business expansion. Furthermore, an aging power grid and occasional failures in tandem with ongoing focus on improving reliability and reduce operating cost will drive the product deployment.
 

The Asia Pacific prime diesel-fueled power rental industry is poised for substantial growth driven by the adoption of advanced technologies and the increasing need for efficient power solutions. The surge in urban construction activities and the demand for reliable, temporary power at construction sites, commercial facilities, and event venues will propel the industry potential. Additionally, the incorporation of smart technologies designed to enhance performance and optimize fuel consumption will accelerate the business growth.
 

Prime Diesel Fueled Power Rental Market Share

The competition in the market is intense driven by a large number of established and emerging players offering similar services across diverse sectors, including construction, industrial, and infrastructure. Major companies, often with vast fleets of high-capacity generators, compete on factors including reliability, fuel efficiency, and the ability to provide rapid deployment in emergency or remote locations. Pricing strategies also play a crucial role, with companies offering flexible rental terms, including daily, weekly, or long-term contracts, to appeal to a broad range of customers.
 

Prime Diesel Fueled Power Rental Market Companies

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

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

Prime Diesel Fueled Power Rental Industry News

• In August 2024, Atlas Copco bolstered its market position by acquiring Generator Rental Services, a leading provider of power rental solutions. This strategic acquisition significantly enhanced Atlas Copco's portfolio, enabling the company to offer cutting-edge power and temperature control equipment. The move strengthened its competitive edge in the technical power rental market and opened new growth opportunities in the Oceania region. With this acquisition, Atlas Copco is now better equipped to deliver tailored solutions to key industries, including general manufacturing, power utilities, and civil construction, further expanding its footprint in these high-demand sectors.
   
• In February 2024, Byrne Equipment Rental significantly expanded its fleet to meet the growing demand driven by regional project activity. This strategic investment in state-of-the-art machinery and tools is designed to optimize operational efficiency and cater to a broad spectrum of industrial needs. The upgraded fleet features reliable, high-performance equipment tailored to thrive in challenging and dynamic work environments. This expansion boosts Byrne’s ability to effectively support the evolving demands of its clients, positioning the company to better serve its expanding customer base and reinforce its competitive advantage in the market.
   

The prime 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

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