Global Power Rental Market Size & Outlook, 2025-2030

The global power rental market size was estimated at USD 26,111.0 million in 2024 and is projected to reach USD 42,737.4 million by 2030, growing at a CAGR of 8.8% from 2025 to 2030.
Revenue, 2024 (US$M)
$26,111.0
Forecast, 2030 (US$M)
$42,737.4
CAGR, 2025 - 2030
8.8%
Report Coverage
Worldwide

Global power rental market highlights

  • The global power rental market generated a revenue of USD 26,111.0 million in 2024 and is expected to reach USD 42,737.4 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 8.8% by 2030.
  • In terms of segment, government and utilities accounted for a revenue of USD 7,308.5 million in 2024.
  • Government and Utilities is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 26,111.0 million
Market revenue in 2030USD 42,737.4 million
Growth rate8.8% (CAGR from 2025 to 2030)
Largest segmentGovernment and utilities
Fastest growing segmentGovernment and Utilities
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGovernment and Utilities, Oil & Gas, Construction, Industrial, Event Management

Other key industry trends

  • In terms of revenue, the North America accounted for 18.3% of the global power rental market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 3,399.5 million by 2030.

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Power Rental Market Companies

Name Profile # Employees HQ Website
Global Power Supply View profile 11-50 Santa Barbara, California, United States, North America http://globalpwr.com/
Modern Hiring Service View profile 11-50 Mumbai, Maharashtra, India, Asia https://www.modernhiring.com
Sudhir Power View profile 501-1000 Gurgaon, Haryana, India, Asia http://www.sudhirpower.com/
Jassim Transport & Stevedoring View profile 1001-5000 Safat, Al Kuwayt, Kuwait, Asia https://www.jtckw.com
JTC View profile 1001-5000 St. Helier, NA - Jersey, Jersey, Europe https://www.jtcgroup.com
NIDS Group View profile 251-500 Pune, Maharashtra, India, Asia https://www.nids-group.com
Shenton Group View profile 51-100 London, England, United Kingdom, Europe http://www.shentongroup.co.uk
APR Energy View profile 501-1000 Jacksonville, Florida, United States, North America http://www.aprenergy.com
Aggreko View profile 5001-10000 Glasgow, Glasgow City, United Kingdom, Europe http://www.plc.aggreko.com/
FG Wilson View profile 501-1000 Antrim, Antrim, United Kingdom, Europe https://www.fgwilson.com/
United Rentals Inc View profile 26300 100 First Stamford Place, Suite 700, Stamford, CT, United States, 06902 https://www.unitedrentals.com
Kohler View profile 10001+ Kohler, Wisconsin, United States, North America http://www.kohler.com
Atlas Copco AB ADR View profile 53728 Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 https://www.atlascopcogroup.com
Cummins Inc View profile 75500 500 Jackson Street, Box 3005, Columbus, IN, United States, 47202-3005 https://www.cummins.com
Caterpillar Inc View profile 121173 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 https://www.caterpillar.com

Global power rental market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power rental market will help companies and investors design strategic landscapes.


Government and utilities was the largest segment with a revenue share of 27.99% in 2024. Horizon Databook has segmented the Global power rental market based on government and utilities, oil & gas, construction, industrial, event management covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Power Rental End Use Outlook (Revenue, USD Million, 2018-2030)
    • Government and Utilities
    • Oil & Gas
    • Construction
    • Industrial
    • Event Management
    • Others
  • Global Power Rental Application Outlook (Revenue, USD Million, 2018-2030)
    • Peak Shaving
    • Continuous Power
    • Standby

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Target buyers of Global power rental market databook

  • Our clientele includes a mix of power rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global power rental market , including forecasts for subscribers. This global databook contains high-level insights into Global power rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global power rental market size, by regions, 2018-2030 (US$M)

Top 10 countries: Power rental market size, 2024 (US$M)

Global power rental market share, by equipment, 2024 & 2030 (%, US$M)

Power rental market: Opportunity assessment by country

Global power rental market, by region, 2024 (US$M)

Global power rental market size, by regions, 2018-2030 (US$M)

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