Home > Energy & Power > Electrical Equipment > Power Rental > Prime Diesel Fueled Power Rental Market

Prime Diesel Fueled Power Rental Market Trends

Report ID: GMI12384
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

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.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of prime diesel-fueled power rental reached USD 4.9 billion in 2024 and is set to grow at a 3.6% CAGR from 2025 to 2034, driven by stringent environmental regulations and increasing power outages.

The oil & gas segment is expected to grow at a CAGR of over 3% through 2034, led by ongoing extraction, exploration, and refining activities.

The U.S. market is set to reach over USD 150 million by 2034, driven by technological advancements in engine systems and growth in key industries.

The key players in the industry include 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, and United Rentals.