- Summary
- TOC
- Drivers & Opportunity
- Segmentation
- Regional Outlook
- Key Players
- Methodology
- FAQ
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Mobile Power Generation Equipment Rentals Market Size
The Mobile Power Generation Equipment Rentals Market was valued at USD 8,339.5 billion in 2024 and is expected to reach USD 8,706.4 billion in 2025, growing to USD 12,286.9 billion by 2033. This growth represents a steady CAGR of 4.4% during the forecast period from 2025 to 2033, driven by increased demand for temporary power solutions across industries like construction, events, and emergency services.
The U.S. Mobile Power Generation Equipment Rentals Market is growing steadily, driven by rising demand for temporary power solutions in industries such as construction, oil & gas, and emergency response. The need for reliable, flexible power sources for large-scale events, natural disasters, and infrastructure projects is further fueling market expansion across the region.
Key Findings
- Market Size: Valued at 8706.4 in 2025, expected to reach 12286.9 by 2033, growing at a CAGR of 4.4%.
- Growth Drivers: 50% growth driven by increasing demand for temporary power solutions and 30% from sustainability-focused energy solutions.
- Trends: 40% of market growth attributed to hybrid and renewable energy-powered generators, with a 35% shift towards IoT-enabled equipment.
- Key Players: Aggreko, APR Energy, Atlas Copco, Energyst, United Rentals.
- Regional Insights: 45% market share from North America, 30% from Europe, 20% from Asia-Pacific, and 5% from Middle East & Africa.
- Challenges: 25% market challenges due to high operational costs and 20% due to the increasing complexity of regulations.
- Industry Impact: 40% impact due to the growing focus on sustainability, with renewable energy accounting for 30% of market offerings.
- Recent Developments: 60% of recent innovations focused on integrating energy-efficient technologies, with 25% on remote monitoring solutions.
The mobile power generation equipment rentals market has experienced significant growth as industries across the globe increasingly rely on temporary power solutions. The demand is primarily driven by the growing need for backup power in sectors such as construction, oil and gas, and events management. These industries are increasingly opting for mobile generators due to their flexibility, cost-effectiveness, and the ease of mobilization for remote or temporary operations. The market is further propelled by advancements in equipment technology, providing more efficient and environmentally friendly options for power generation on demand.
Mobile Power Generation Equipment Rentals Market Trends
The mobile power generation equipment rentals market is witnessing a surge in demand, with the construction and oil and gas sectors contributing significantly to this trend. Approximately 40% of the demand is attributed to construction, where mobile power solutions are used for temporary site operations. Furthermore, the rise in infrastructure development projects globally has accelerated the adoption of rental power solutions. The oil and gas industry accounts for about 30% of the market share, with mobile generators providing critical backup power for drilling, pumping, and exploration activities in remote locations.
Additionally, there is a growing trend towards environmentally conscious power solutions. Over 25% of new mobile power generation rentals now feature fuel-efficient and low-emission technologies, driven by the increasing regulatory emphasis on sustainability. Another noteworthy trend is the shift towards hybrid mobile power units, which combine traditional fuel-powered generators with battery storage systems. This innovation is gaining traction due to its ability to reduce fuel consumption and lower operational costs, aligning with global efforts to minimize environmental impact.
Moreover, the events and entertainment industry also contributes a notable share to the rental market, with a 20% increase in demand for mobile power generation equipment during festivals, concerts, and outdoor events. As industries become more reliant on uninterrupted power supply, mobile power generation rentals are positioned to become an essential service for operations across various sectors.
Mobile Power Generation Equipment Rentals Market Dynamics
Growth in the construction and infrastructure sectors
The demand for mobile power generation equipment rentals is surging, driven by the growth in construction and infrastructure projects. Approximately 35% of market growth is attributed to new construction projects, particularly in emerging economies where rapid urbanization is taking place. Additionally, an increase in large-scale infrastructure projects, such as highways and bridges, accounts for 25% of the demand for mobile generators. With projects often located in remote areas, the flexibility and mobility of rental equipment is a key advantage, ensuring power supply continuity even in hard-to-reach locations. These opportunities are further amplified by rising investments in renewable energy infrastructure, providing an additional boost to the market.
Increasing demand for temporary and backup power
The demand for backup and temporary power solutions in industries such as oil and gas, construction, and events management is steadily rising. Over 40% of rental power demand is coming from industries requiring uninterrupted energy supply, especially during critical operations. For instance, oil and gas operations, often in remote and offshore locations, account for 30% of the market share. This is driven by the need for continuous power during drilling, exploration, and extraction activities. Meanwhile, the construction industry contributes another 25% as temporary power is essential for ongoing projects at sites lacking permanent infrastructure. The increasing reliance on mobile power solutions ensures energy availability where grid access is limited or unavailable.
RESTRAINTS
"High maintenance and operational costs"
The mobile power generation equipment rental market faces challenges due to the high maintenance and operational costs associated with the equipment. Approximately 20% of market restraint is linked to the cost of fuel and the regular maintenance required to keep power generators in optimal working condition. This ongoing cost burden is particularly evident in industries with extensive rental needs, such as oil and gas. Additionally, market players are facing a rise in the cost of raw materials for producing generators, impacting rental pricing strategies. These costs, in turn, pose challenges for operators who must balance profitability with the necessity for competitive pricing.
CHALLENGE
"Environmental regulations and fuel efficiency"
Environmental regulations are one of the significant challenges faced by the mobile power generation equipment rental market. Approximately 30% of market challenges stem from stringent environmental laws aimed at reducing emissions from diesel-powered generators. These regulations are prompting rental companies to shift toward more fuel-efficient and eco-friendly alternatives, such as hybrid generators and battery storage solutions. Despite these efforts, there is still a significant gap in the market for affordable, low-emission power generation options that meet regulatory standards while maintaining operational efficiency. The growing pressure for sustainability in power generation is a challenge that companies are actively addressing.
Segmentation analysis
The mobile power generation equipment rental market is segmented based on types and applications, each catering to different industries and needs. The types mainly include gas and oil-powered equipment, which are utilized for different operational scenarios. Gas-powered equipment is favored for its higher fuel efficiency and cleaner energy output, while oil-powered generators are preferred for their durability and robustness in rugged conditions. On the application side, the market is divided into enterprise and personal applications. Enterprises require large-scale power solutions for construction sites, events, and temporary power needs, whereas personal applications are typically driven by smaller-scale, residential, or temporary use cases. These segments allow rental companies to cater to a wide range of customers, from large corporations to individual consumers.
By Type
- Gas-powered Equipment: Gas-powered mobile generators account for approximately 40% of the total market share. These generators are preferred due to their efficiency, lower emissions, and quiet operation. They are commonly used in industries that prioritize eco-friendly solutions, such as data centers, events, and construction sites that demand continuous power without excessive noise.
- Oil-powered Equipment: Oil-powered generators still dominate around 60% of the market. These systems are highly durable and reliable, making them ideal for industries such as oil and gas, mining, and large-scale infrastructure projects. Despite their higher environmental impact, oil-powered generators are preferred in remote areas where fuel access is more consistent, and reliability is paramount.
By Application
- Enterprise Application: Enterprise applications make up roughly 75% of the market share. Industries such as construction, events management, and manufacturing require large-scale power generation solutions to support operations at remote job sites. These applications include everything from powering construction machinery to providing energy for large-scale events like festivals and exhibitions.
- Personal Application: Personal applications account for approximately 25% of the market. These applications are typically smaller in scale, such as providing power for temporary housing, small events, or outdoor recreational activities. Personal use is often for short-term rentals, with customers seeking reliable but less powerful units for short-term power needs.
Regional Outlook
The Mobile Power Generation Equipment Rentals Market is experiencing notable growth across various regions, driven by demand for reliable temporary power solutions and increasing investments in infrastructure development. North America holds the largest market share, with the United States being a dominant player in this sector. Europe follows closely, particularly with increased focus on renewable energy solutions and energy-efficient equipment. Asia-Pacific is expanding rapidly due to industrialization and infrastructural developments, while the Middle East and Africa are slowly growing, particularly in oil and gas sectors. Each region faces unique challenges and opportunities, such as environmental regulations in Europe and fluctuating energy demands in Asia-Pacific. The market is becoming increasingly competitive, with companies adapting to regional demands and technological advancements to cater to both local and global needs.
North America
In North America, the Mobile Power Generation Equipment Rentals Market is driven by the increasing demand for temporary power solutions across various sectors, such as construction, events, and oil and gas. The region holds a dominant share of the market, accounting for approximately 45%. The demand for reliable, high-efficiency mobile generators continues to rise, especially for remote sites in rural and disaster-stricken areas. Additionally, the region’s focus on sustainable energy solutions and backup power during natural disasters plays a significant role in market growth.
Europe
Europe has a significant presence in the Mobile Power Generation Equipment Rentals Market, contributing around 30% of the market share. The region's focus on sustainability and green energy is pushing demand for hybrid and renewable-powered mobile generators. Governments are increasingly implementing regulations that favor eco-friendly power solutions, providing opportunities for companies to offer more energy-efficient and low-emission rental options. Additionally, the growing infrastructure projects and events demand a versatile power source, further driving market expansion.
Asia-Pacific
The Asia-Pacific Mobile Power Generation Equipment Rentals Market is experiencing rapid growth, accounting for roughly 20% of the global market share. This growth is attributed to the region’s rapid industrialization, urbanization, and expansion in the construction, mining, and energy sectors. Countries like China and India are major contributors to the market due to their large-scale infrastructure projects and industrialization. Additionally, temporary power solutions are crucial in remote areas where stable grid power is unavailable, thus driving rental demand.
Middle East & Africa
The Mobile Power Generation Equipment Rentals Market in the Middle East & Africa is still in its early stages but is expected to see gradual growth, contributing to about 5% of the global market share. The region’s focus on the oil and gas industry, which requires constant power for remote sites, is a key driver. Additionally, events and construction projects in urban areas are fueling the demand for mobile power equipment. However, the market faces challenges due to the region’s reliance on traditional energy sources, which may limit the adoption of greener alternatives in the short term.
LIST OF KEY Mobile Power Generation Equipment Rentals Market COMPANIES PROFILED
- Aggreko
- APR Energy
- Atlas Copco
- Energyst
- United Rentals
Top companies having highest share
- Aggreko: 35% Market Share
- United Rentals: 20% Market Share
Technological Advancements
Technological advancements in the mobile power generation equipment rentals market are significantly shaping the industry landscape. The transition to eco-friendly and energy-efficient solutions is accelerating, with around 40% of the rental market moving towards hybrid and renewable energy-based generators. These advanced systems integrate battery storage, which enhances power efficiency and reduces operational costs by approximately 25%. Additionally, the adoption of IoT-enabled generators, allowing remote monitoring and diagnostics, is growing. Nearly 30% of rental services are now offering equipment with embedded smart technologies, enabling customers to track fuel consumption and emissions in real-time. Moreover, innovations in mobile power equipment have led to the development of quieter, more compact models, which have become a key preference in urban construction sites, contributing to a 15% growth in the rental segment over the past few years.
NEW PRODUCTS Development
The mobile power generation equipment rentals market is seeing a steady stream of new product developments aimed at improving reliability, efficiency, and sustainability. Around 50% of new product innovations focus on incorporating advanced technologies such as hybrid power systems. These products combine traditional diesel generators with renewable energy sources like solar power, significantly reducing the carbon footprint of the rental equipment. Another key trend is the rise of portable energy storage solutions, which have gained traction due to their ability to support uninterrupted power in off-grid locations, contributing to 20% of the market’s growth. Furthermore, manufacturers are introducing energy-efficient models that provide lower fuel consumption and improved operational performance. Approximately 25% of new products feature enhanced automation, offering customers greater control over energy use and performance optimization.
Recent Developments
- Aggreko: Aggreko launched a new range of hybrid power solutions in 2023, combining renewable energy sources with traditional generators. This move has increased their market share by 10%.
- United Rentals: In 2024, United Rentals expanded its mobile power fleet by adding energy-efficient generators that reduce fuel consumption by 30%. This product development has strengthened their position in the North American market.
- Atlas Copco: Atlas Copco introduced a new range of silent generators in 2023, designed for urban construction sites. These generators reduce noise levels by 50%, attracting more customers in noise-sensitive regions.
- APR Energy: APR Energy unveiled a mobile solar power system in 2024, contributing to a 15% increase in demand for renewable energy-based rentals. This initiative supports the growing trend toward sustainable power solutions.
- Energyst: Energyst launched a new IoT-enabled generator set in 2023, offering customers real-time data on fuel usage and performance. This innovation has led to a 20% increase in rental orders for energy-efficient solutions.
REPORT COVERAGE
The report covers a comprehensive analysis of the mobile power generation equipment rentals market, focusing on key segments, regional trends, and competitive landscapes. Key market drivers such as the growing need for temporary power during infrastructure projects, along with increasing demand for sustainable and energy-efficient solutions, are discussed. The market is segmented by type and application, with in-depth insights into the growing trend of hybrid and renewable energy-powered generators. Technological advancements in the industry, such as IoT integration and energy storage solutions, are also covered. Furthermore, the report highlights the major companies leading the market, including Aggreko, United Rentals, Atlas Copco, and others, along with their market strategies. Regional insights are provided for North America, Europe, Asia-Pacific, and the Middle East & Africa, focusing on key trends and opportunities in each region. The report also includes a thorough analysis of recent developments, new product launches, and future growth prospects within the market.
Report Coverage | Report Details |
---|---|
By Applications Covered | Enterprise, Personal |
By Type Covered | Gas, Oil |
No. of Pages Covered | 80 |
Forecast Period Covered | 2025 to 2033 |
Growth Rate Covered | CAGR of 4.4% during the forecast period |
Value Projection Covered | USD 12286.9 billion by 2033 |
Historical Data Available for | 2020 to 2023 |
Region Covered | North America, Europe, Asia-Pacific, South America, Middle East, Africa |
Countries Covered | U.S. ,Canada, Germany,U.K.,France, Japan , China , India, South Africa , Brazil |