North America Power Rental Market Size & Outlook, 2025-2030
The power rental market in North America is expected to reach a projected revenue of US$ 6,942.6 million by 2030. A compound annual growth rate of 6.6% is expected of North America power rental market from 2025 to 2030.
The North America power rental market generated a revenue of USD 4,782.3 million in 2024.
The market is expected to grow at a CAGR of 6.6% from 2025 to 2030.
In terms of segment, industrial was the largest revenue generating end use in 2024.
Government and Utilities is the most lucrative end use segment registering the fastest growth during the forecast period.
Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
Market revenue in 2024
USD 4,782.3 million
Market revenue in 2030
USD 6,942.6 million
Growth rate
6.6% (CAGR from 2025 to 2030)
Largest segment
Industrial
Fastest growing segment
Government and Utilities
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Government and Utilities, Oil & Gas, Construction, Industrial, Event Management
Key market players worldwide
Caterpillar Inc, Cummins Inc, Aggreko, Atlas Copco AB ADR, Kohler, Shenton Group, NIDS Group, JTC, Jassim Transport & Stevedoring, United Rentals Inc, Sudhir Power, Modern Hiring Service, Global Power Supply, FG Wilson, APR Energy
Other key industry trends
In terms of revenue, North America region accounted for 18.3% of the global power rental market in 2024.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 18,040.5 million by 2030.
The North American power rental market is experiencing steady growth, driven by several key trends and drivers.
One of the primary factors is the region’s aging power infrastructure and the increasing frequency of power outages, particularly in the United States.
This has prompted industries like construction, oil & gas, mining, and event management to rely more on rental power solutions for both emergency and planned maintenance needs.
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 Outlook will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 26.28% in 2024.
Horizon Databook has segmented the North America 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.
The North American power rental market is experiencing steady growth, driven by several key trends and drivers.
One of the primary factors is the region’s aging power infrastructure and the increasing frequency of power outages, particularly in the United States.
This has prompted industries like construction, oil & gas, mining, and event management to rely more on rental power solutions for both emergency and planned maintenance needs.
North America Power Rental Market End Use Outlook (Revenue, USD Million , 2018-2030)
Government and Utilities
Oil & Gas
Construction
Industrial
Event Management
Others
North America Power Rental Market Application Outlook (Revenue, USD Million , 2018-2030)
Peak Shaving
Continuous Power
Standby
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Power Rental Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Power Rental Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Power Rental Market, 2018-2030 (US$M)