PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1794480
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1794480
Global Mobile Power Generation Equipment Rentals Market to Reach US$2.4 Billion by 2030
The global market for Mobile Power Generation Equipment Rentals estimated at US$2.0 Billion in the year 2024, is expected to reach US$2.4 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2024-2030. Generator Rental, one of the segments analyzed in the report, is expected to record a 2.3% CAGR and reach US$1.5 Billion by the end of the analysis period. Growth in the Turbine Rental segment is estimated at 4.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$538.9 Million While China is Forecast to Grow at 5.6% CAGR
The Mobile Power Generation Equipment Rentals market in the U.S. is estimated at US$538.9 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$461.3 Million by the year 2030 trailing a CAGR of 5.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
Global Mobile Power Generation Equipment Rentals Market- Key Trends & Drivers Summarized
Why Are Mobile Power Equipment Rentals Gaining Market Attention?
Mobile power generation rentals provide temporary power supply using movable generators. These units are rented by businesses, government agencies, and event organizers when permanent power is unavailable, unstable, or insufficient. Use is rising due to increasing demand for uninterrupted operations across construction sites, disaster zones, infrastructure projects, and public events.
Organizations prefer renting over purchasing to reduce upfront costs and avoid long-term maintenance. Rentals offer flexibility in managing short-term power needs during peak load periods, outages, or project work. Customers select generator capacity, fuel type, and runtime duration based on site conditions. Services often include delivery, setup, monitoring, and on-site support, which helps reduce operational burden for end users.
How Are Product Features and Service Models Evolving?
Modern mobile power equipment is designed for high fuel efficiency, lower emissions, and easier transport. Units are available in diesel, gas, hybrid, and battery-integrated options. Enclosed models help reduce noise in populated or sensitive zones. Generators come equipped with remote monitoring tools, smart load management, and automated fault alerts.
Rental providers are offering tailored contracts based on project length, usage frequency, and environmental regulations. Customers benefit from scalable solutions that adjust to shifting energy loads. Many providers integrate additional equipment such as fuel tanks, power distribution panels, and cables to support site-specific power demands. Digital tools support inventory tracking, maintenance scheduling, and service dispatch, improving rental responsiveness and efficiency.
Which End-Use Sectors Rely Most on Mobile Power Rentals?
Construction and infrastructure projects represent a large portion of demand, especially in remote or new development zones. Generators support lighting, tools, and equipment during phases when grid access is unavailable. Events, exhibitions, and film shoots also rely on rentals for stage setups, lighting rigs, and sound systems.
Utility companies use mobile units for backup power during maintenance or emergency restoration. Healthcare facilities, telecom networks, and manufacturing plants rent generators to maintain operations during grid interruptions. Disaster response and military operations deploy mobile units for field operations where fixed supply lines are not feasible. Growth in distributed renewable installations is also leading to increased use of temporary generators during grid transition periods.
What Is Driving Growth in Equipment Rental Services for Power Generation?
Growth in the mobile power generation equipment rentals market is driven by demand for temporary, scalable energy solutions across industrial, commercial, and emergency settings. Expansion of infrastructure and road projects in remote areas increases reliance on rental units. Rising frequency of extreme weather events and power disruptions creates consistent demand for backup supply. Shift toward cleaner energy is encouraging rental of hybrid and gas-powered models with lower emissions. Need for operational flexibility in sectors like construction, logistics, and public services supports adoption of short-term rental models. Advancements in fuel efficiency, automation, and remote system management improve performance and ease of use, making rentals more viable across changing energy environments.
SCOPE OF STUDY:
The report analyzes the Mobile Power Generation Equipment Rentals market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product Type (Generator Rental, Turbine Rental); Application (Enterprise Application, Personal Application)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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