Power Rental Market Size, Share and Forecast 2024 | TechSci Research

MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2014 – 2024
GLOBAL POWER RENTAL MARKET
FORECAST & OPPORTUNITIES

2
Scope of Report
Product of Interest (POI): Power Rental
Review Period
2014 – 2017
Base Year
2018
Estimated Year
2019
Forecast Period
2020 – 2024
Year Range
REGION
Global power rental market is anticipated to grow at a CAGR of 9% and surpass $ 20 billion by 2024 on
account of increasing power loss due to aging infrastructure and limited access to electricity in rural areas.
Rental power plants are the best solution for the temporary power shortage. The rental power plants are
designed to stabilize the utility power grids and to provide extra energy to the communities and support
industries that are facing efficiency problems due to insufficient power supply. Upsurge in the demand from
the events and entertainment industry and power needs in the natural disaster-affected regions are some of
the factors driving the power rental market growth, globally. Growing demand for electricity coupled with
power outages, which is a common problem in underdeveloped and developing nations, would boost the
global power rental market.
Market Segmentation
END-USER
• Commercial
• Manufacturing
• Events
• Construction
• Utilities
• Mining
• Oil & Gas
• Others
POWER RATING
• Up to 50 kW
• 51 kW–500 kW
• 501 kW–1000 kW
• Above 1000 kW
• Diesel Generators
• Gas Generators
• Others
FUEL TYPE
• Asia-Pacific
• North America
• Europe
• south America
• Middle East & Africa
APPLICATION
• Prime Power
• Standby Power
• Continuous Power

3
Table of Contents
S. No. Contents Page No.
1. Power Rental: Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Brand Recall
4.3. Brand Satisfaction
4.4. Factors Influencing Purchase Decision
4.5. Challenges/Issues Faced Post Purchase
4.6. Unmet Needs
5. Global Power Rental Market Overview
6. Global Power Rental Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Fuel Type (Diesel Generators, Gas Generators, Others)
6.2.2. By Power Rating (Up to 50 kW, 51 kW–500 kW, 501 kW-1000 kW, Above 1000 kW)
6.2.3.
By End-User (Commercial, Manufacturing, Events, Construction, Utilities, Mining, Oil & Gas,
Others)
6.2.4. By Application (Prime Power, Standby Power, Continuous Power)
6.2.5. By Company
6.2.6. By Region
6.3. Product Market Map

4
Table of Contents
7. Asia-Pacific Power Rental Market Outlook
7.1.1. By Value
7.2.1. By Power Rating
7.2.2. By End-User
7.2.3. By Application
7.2.4. By Country
7.4. Asia-Pacific: Country Analysis
7.4.1. China Power Rental Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Power Rating
7.4.1.2.2. By End-User
7.4.2. India Power Rental Market Outlook
7.4.2.1.1. By Value

5
Table of Contents
7.4.3. Japan Power Rental Market Outlook
7.4.3.1.1. By Value
7.4.4. South Korea Power Rental Market Outlook
7.4.4.1.1. By Value
7.4.5. Australia Power Rental Market Outlook
7.4.5.1.1. By Value
7.4.6. Indonesia Power Rental Market Outlook
7.4.6.1.1. By Value

6
Table of Contents
7.4.7. Malaysia Power Rental Market Outlook
7.4.7.1.1. By Value
8. Europe Power Rental Market Outlook
8.1.1. By Value
8.2.2. By End-User
8.2.4. By Country
8.4. Europe: Country Analysis
8.4.1. France Power Rental Market Outlook
8.4.1.1.1. By Value

7
Table of Contents
8.4.2. Germany Power Rental Market Outlook
8.4.2.1.1. By Value
8.4.3. United Kingdom Power Rental Market Outlook
8.4.3.1.1. By Value
8.4.4. Italy Power Rental Market Outlook
8.4.4.1.1. By Value
8.4.5. Spain Power Rental Market Outlook
8.4.5.1.1. By Value

8
Table of Contents
9. North America Power Rental Market Outlook
9.1.1. By Value
9.2.2. By End-User
9.2.4. By Country
9.4. North America: Country Analysis
9.4.1. United States Power Rental Market Outlook
9.4.1.1.1. By Value
9.4.2. Mexico Power Rental Market Outlook
9.4.2.1.1. By Value

9
Table of Contents
9.4.3. Canada Power Rental Market Outlook
9.4.3.1.1. By Value
10. South America Power Rental Market Outlook
10.1.1. By Value
10.2.2. By End-User
10.2.4. By Country
10.4. South America: Country Analysis
10.4.1. Brazil Power Rental Market Outlook
10.4.1.1.1. By Value

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Table of Contents
10.4.1.2.2. By End-User
10.4.2. Argentina Power Rental Market Outlook
10.4.2.1.1 By Value
10.4.2.2.2. By End-User
10.4.3. Colombia Power Rental Market Outlook
10.4.3.1.1. By Value
10.4.3.2.2. By End-User
11. Middle East & Africa Power Rental Market Outlook
11.1.1. By Value
11.2.2. By End-User
11.3.4. By Country

11
Table of Contents
Contents Page No.
11.4. Middle East & Africa: Country Analysis
11.4.1. Nigeria Power Rental Market Outlook
11.4.1.1.1. By Value
11.4.1.2.2. By End-User
11.4.2. Saudi Arabia Power Rental Market Outlook
11.4.2.1.1. By Value
11.4.2.2.2. By End-User
11.4.3. UAE Power Rental Market Outlook
11.4.3.1.1. By Value
11.4.3.2.2. By End-User
11.4.4. Qatar Power Rental Market Outlook

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Table of Contents
11.4.4.1.1 By Value
11.4.4.2.2. By End-User
12. Pricing Analysis
13. Market Dynamics
13.1. Drivers
13.2. Challenges
14. Market Trends and Developments
15. Competitive Landscape
15.1. Competition Outlook
15.2. Company Profiles (Top 10 Global Player)
15.2.1. Basic details
15.2.2. Financials (As Reported)
15.2.3. Supply chain analysis
15.2.4. Key market focus and geographical presence
15.2.5. Planned investments
15.2.6. Pricing of target products
15.2.6. Market positioning
16. Strategic Recommendations
17. About Us & Disclaimer

14
Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the global power rental
market, overall market size
and segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global power rental
market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
Paid Sources
 Company Websites
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
 Associations, etc.
Secondary
Research
Primary Research

15
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global power rental market. The team has
market, while considering the major influencing factors such as aging infrastructure and limited access to electricity in rural areas. The
enable our clients to take better decisions while planning their strategy to achieve sustainability in the global power rental market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value: Market size, in terms of value, for the year 2018 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as power rental companies,
use industries, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 power rental companies, 100 – 120 end use industries, and 15 – 20 industry experts and
Rental market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard
averaged out, to arrive at the market size data during 2015-2019.

16
• Respondents were asked about the current and future market growth rates, market shares by fuel type, by power rating, by end-user, by application, by region and by company.
Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the
final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
Market shares by fuel type, by power rating, by end-user, by application, by region and by company were calculated based on the responses received through primary surveys with
industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of Power Rental market. The final shares were calculated
by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global Power Rental market, TechSci Research used
various forecast techniques such as:
 Moving Average
 Time Series Analysis
 Regression Analysis
 Econometric and Judgmental Analysis

17
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
 Kohler Co.
 Atlas Copco
 Caterpillar Inc.
 Aggreko, PLC
 Speedy Hire PLC
 Herc Holdings Inc.
 Multiquip Inc.
 Bredenoord Exploitatiemij B.V.
 Wacker Neuson SE
 Wärtsilä Corporation
 World Bank
 TechSci Research Proprietary Database & Knowledge Repository
 Company Annual Reports
 Industry Magazines
 Industry Reports
 News Dailies
 Credible Paid Databases

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INDUSTRY BRIEF
According to a report published by TechSci Research on “Global Power Rental System By Fuel Type, By Power Rating, By End-User, By Application,
By Region, By Company, Competition, Forecast & Opportunities, 2024”, global power rental market is projected to surpass $ 20 billion by 2024, on the
back of rising demand for electricity, in addition to power cuts, a typical issue in developing and underdeveloped countries. The existing gap between power
supply and demand is expected to result in lucrative growth opportunities for players operating in power rental system market, globally, during the forecast
period.
By power rating, 51 kW – 500 kW category accounted for the largest share of global power rental market in 2018 and is anticipated to continue its
dominating market position during the forecast period as well. Rising demand for rental generators of power rating 51 kW - 500 kW for various commercial
and residential purposes is the primary factor driving the segment.
By application, the standby category dominates global power rental market, followed by the prime power category. The continuous power segment in global
power rental market is anticipated to grow at a steady rate during the forecast period, owing to the capacity of continuous power generators to provide
electricity at constant loads for an unlimited time period. North America emerged as the largest demand generating region for power rental across the globe
in 2018, primarily on account of growing infrastructure development and rising demand for power from oil & gas, utilities, industrial, construction and mining
sectors. Moreover, increasing demand for power supply from emerging nations in Africa is aiding the market’s expansion in the Middle East & Africa region.
“Globally, power requirement is on the rise and same trend is expected during the forecast period. As the demand for uninterrupted power is growing at a
robust pace, power rental market would register significant growth over the course of next five years. Increasing industrial and construction activities across
the globe are also expected to have a positive impact on the market growth.”, said, Mr. Karan Chechi Research Director with TechSci Research, a research
based global management consulting firm.

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SAMPLE DATA - SNAPSHOT
Global Power Rental Market Size, By Value (USD Million), 2014–2024F
5.00
6.00
7.00
8.00
9.00
10.00
11.00
12.00
13.00
14.00
15.00
2014 2018 2019E 2024F
By Value (USD Million)
CAGR By Value CAGR By Value
XX% YY%
Europe Power Rental Market Share, By Power Rating, By Value, 2014–2024F
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25%
2014 2015 2016 2017 2018 2019E 2020F 2021F 2022F 2023F 2024F
Up to 50 kW 51 kW–500 kW 501 kW–1000 kW Above 1000 kW
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
30%
30%
30%
30%
30%
30%
30%
30%
30%
30%
30%
2014
2015
2016
2017
2018
2019E
2020F
2021F
2022F
2023F
2024F
Commercial Manufacturing Events Construction Utilities Mining Oil & Gas Others
Germany Power Rental Market Share, By End-User, By Value, 2014–2024F

20
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Report Name: GLOBAL POWER RENTAL MARKET
FORECAST & OPPORTUNITIES
2014 – 2024

About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
approval of TechSci Research.
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