Home > Energy & Power > Electrical Equipment > Power Rental > Standby Power Rental Market

Standby Power Rental Market Share

Report ID: GMI12461
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Standby Power Rental Market Share

Standby Power Rental Company Market Share Analysis, 2024

The industry is characterized by intense competition driven by a diverse range of players, from global power rental companies to regional and local providers. Major players focus on offering advanced technologies including remote monitoring and fuel-efficient systems, to differentiate their offerings. Pricing strategies, reliability of equipment, and the ability to provide rapid deployment play a critical role in maintaining a competitive edge. Smaller regional firms often compete by providing flexible, customized solutions and localized customer support.

Standby Power Rental Market Companies

Major players operating in the standby power rental industry are:

Aggreko
Al Faris
Atlas Copco
BPC Power Rentals
Bredenoord
Caterpillar
Cummins
Finning International
Herc Rentals
HIMOINSA
Rehlko
Modern Hiring Service
Pon Energy Rental
Prime Power Rentals
Wartsila

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for standby power rental was reached USD 9.1 billion in 2024 and is estimated to grow at a 3.8% CAGR from 2025 to 2034, driven by stringent environmental regulations promoting efficient power sources.

The > 75 kVA - 375 kVA rated standby power rental segment is projected to surpass USD 750 million by 2034, supported by the increasing occurrence of weather-related events and the need for reliable power systems.

The diesel standby power rental market is expected to grow at a CAGR of approximately 3.5% through 2034, led by robust infrastructure development and rising energy consumption in key regions.

The U.S. standby power rental market is set to exceed USD 4 billion by 2034, fueled by innovations in genset technology and expanding industrial activities.

Key players in the standby power rental industry include Aggreko, Al Faris, Atlas Copco, BPC Power Rentals, Bredenoord, Caterpillar, Cummins, Finning International, Herc Rentals, HIMOINSA, Rehlko, Modern Hiring Service, Pon Energy Rental, Prime Power Rentals, and Wartsila.