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Generator Rental for Temporary Power-Global Market Insights and Sales Trends 2024

Generator Rental for Temporary Power-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1817555

No of Pages : 112

Synopsis
Increasing power consumption for industrial and commercial applications has built up a demand-supply gap in the power market. This gap is even more evident during the peak hours for electricity consumption. This has led to the development of power rental systems which are capable of providing temporary power during phases of the low power supply.Increasing power demand, lack of grid stability & support and low electrification rates are the major driving factors of the power rental market in the utilities segment. Lacking of electricity access, aging T&D infrastructure are driving the market for power rental solutions. The rise in construction and infrastructural activities are driving the market for power rental solutions. Increasingly frequent business activities are also a stimulating factor.
The global Generator Rental for Temporary Power market size is expected to reach US$ 18740 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Generator Rental for Temporary Power in various end use industries. The expanding demands from the Government & Utilities, Oil & Gas, Events and Construction, are propelling Generator Rental for Temporary Power market. Diesel Generator, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gas Generator segment is estimated at % CAGR for the next seven-year period.
The Generator Rental for Temporary Power market, which involves the rental of generators for temporary and backup power supply in various industries and applications, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Generator Rental for Temporary Power market:

Drivers:

Power Outages: The need for backup power solutions arises from power outages caused by natural disasters, grid failures, and other unforeseen events, driving the demand for generator rentals.

Construction and Infrastructure Projects: The construction industry relies on temporary power for tools, equipment, and site operations, leading to a consistent demand for generator rentals on construction sites.

Events and Entertainment: Concerts, festivals, sports events, and outdoor entertainment venues require reliable temporary power sources for lighting, sound systems, and other equipment.

Industrial Shutdowns: Manufacturing plants and industries undergoing maintenance, repairs, or shutdowns often require temporary power to avoid production disruptions.

Emergency Response: Disaster relief efforts, medical facilities, and emergency services depend on generator rentals to maintain essential operations during crises.

Remote Locations: Off-grid and remote locations, such as mining sites and remote construction projects, rely on generator rentals for power supply.

Cost Efficiency: Renting generators can be more cost-effective than purchasing and maintaining them, making it an attractive option for businesses and organizations.

Fuel Efficiency: Modern generator rental units are designed for fuel efficiency and comply with emission standards, reducing operational costs.

Restrictions:

Initial Investment: Some businesses may hesitate to rent generators due to the initial cost, particularly for long-term projects, although this is generally less expensive than purchasing.

Fuel Costs: The ongoing cost of fuel for running generators can be a significant expense for generator rentals, especially during extended periods of use.

Maintenance and Repairs: Regular maintenance and occasional repairs are essential for generator reliability, and renters may face additional costs or downtime for maintenance.

Emission Regulations: Compliance with emission regulations and local environmental laws can affect the choice and use of generator rentals.

Availability and Lead Times: During peak demand or emergencies, finding available generator rentals can be challenging, and lead times may be longer than desired.

Transportation and Logistics: Moving and transporting large generators to and from rental sites can be logistically challenging and costly.

Noise and Environmental Impact: Noise pollution and environmental concerns may arise in residential or sensitive areas, affecting the use of generator rentals.

Technical Expertise: Proper installation, operation, and maintenance of generators require technical expertise, and some renters may lack the necessary skills.

Rental Terms and Contracts: Complex rental agreements, terms, and conditions can be a barrier to renting generators for some businesses.

Despite these restrictions, the Generator Rental for Temporary Power market is expected to continue growing as businesses and industries recognize the value of reliable backup and temporary power solutions. Addressing concerns related to maintenance, fuel efficiency, and environmental impact, as well as offering flexible rental terms, will be essential for the sustained growth of this market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Generator Rental for Temporary Power, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Generator Rental for Temporary Power market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Generator Rental for Temporary Power market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Generator Rental for Temporary Power sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Generator Rental for Temporary Power covered in this report include Aggreko, Cummins, Caterpillar, United Rentals, APR Energy, Ashtead Group, Sudhir Power, Atlas Copco and Herc Holdings, etc.
The global Generator Rental for Temporary Power market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Aggreko
Cummins
Caterpillar
United Rentals
APR Energy
Ashtead Group
Sudhir Power
Atlas Copco
Herc Holdings
Power Electrics
Generator Power
Speedy Hire
HSS
Shaanxi Communication Power Technology
Trinity Power Rentals
Diamond Environmental Services
Rental Solutions & Services
Quippo Energy
Temp-Power
Global Generator Rental for Temporary Power market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Generator Rental for Temporary Power market, Segment by Type:
Diesel Generator
Gas Generator
Others
Global Generator Rental for Temporary Power market, by Application
Government & Utilities
Oil & Gas
Events
Construction
Industrial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Generator Rental for Temporary Power companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Generator Rental for Temporary Power
1.1 Generator Rental for Temporary Power Market Overview
1.1.1 Generator Rental for Temporary Power Product Scope
1.1.2 Generator Rental for Temporary Power Market Status and Outlook
1.2 Global Generator Rental for Temporary Power Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Generator Rental for Temporary Power Market Size by Region (2018-2029)
1.4 Global Generator Rental for Temporary Power Historic Market Size by Region (2018-2023)
1.5 Global Generator Rental for Temporary Power Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Generator Rental for Temporary Power Market Size (2018-2029)
1.6.1 North America Generator Rental for Temporary Power Market Size (2018-2029)
1.6.2 Europe Generator Rental for Temporary Power Market Size (2018-2029)
1.6.3 Asia-Pacific Generator Rental for Temporary Power Market Size (2018-2029)
1.6.4 Latin America Generator Rental for Temporary Power Market Size (2018-2029)
1.6.5 Middle East & Africa Generator Rental for Temporary Power Market Size (2018-2029)
2 Generator Rental for Temporary Power Market by Type
2.1 Introduction
2.1.1 Diesel Generator
2.1.2 Gas Generator
2.1.3 Others
2.2 Global Generator Rental for Temporary Power Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Generator Rental for Temporary Power Historic Market Size by Type (2018-2023)
2.2.2 Global Generator Rental for Temporary Power Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Generator Rental for Temporary Power Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Generator Rental for Temporary Power Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Generator Rental for Temporary Power Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Generator Rental for Temporary Power Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Generator Rental for Temporary Power Revenue Breakdown by Type (2018-2029)
3 Generator Rental for Temporary Power Market Overview by Application
3.1 Introduction
3.1.1 Government & Utilities
3.1.2 Oil & Gas
3.1.3 Events
3.1.4 Construction
3.1.5 Industrial
3.1.6 Others
3.2 Global Generator Rental for Temporary Power Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Generator Rental for Temporary Power Historic Market Size by Application (2018-2023)
3.2.2 Global Generator Rental for Temporary Power Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Generator Rental for Temporary Power Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Generator Rental for Temporary Power Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Generator Rental for Temporary Power Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Generator Rental for Temporary Power Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Generator Rental for Temporary Power Revenue Breakdown by Application (2018-2029)
4 Generator Rental for Temporary Power Competition Analysis by Players
4.1 Global Generator Rental for Temporary Power Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Generator Rental for Temporary Power as of 2022)
4.3 Date of Key Players Enter into Generator Rental for Temporary Power Market
4.4 Global Top Players Generator Rental for Temporary Power Headquarters and Area Served
4.5 Key Players Generator Rental for Temporary Power Product Solution and Service
4.6 Competitive Status
4.6.1 Generator Rental for Temporary Power Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Aggreko
5.1.1 Aggreko Profile
5.1.2 Aggreko Main Business
5.1.3 Aggreko Generator Rental for Temporary Power Products, Services and Solutions
5.1.4 Aggreko Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.1.5 Aggreko Recent Developments
5.2 Cummins
5.2.1 Cummins Profile
5.2.2 Cummins Main Business
5.2.3 Cummins Generator Rental for Temporary Power Products, Services and Solutions
5.2.4 Cummins Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.2.5 Cummins Recent Developments
5.3 Caterpillar
5.3.1 Caterpillar Profile
5.3.2 Caterpillar Main Business
5.3.3 Caterpillar Generator Rental for Temporary Power Products, Services and Solutions
5.3.4 Caterpillar Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.3.5 United Rentals Recent Developments
5.4 United Rentals
5.4.1 United Rentals Profile
5.4.2 United Rentals Main Business
5.4.3 United Rentals Generator Rental for Temporary Power Products, Services and Solutions
5.4.4 United Rentals Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.4.5 United Rentals Recent Developments
5.5 APR Energy
5.5.1 APR Energy Profile
5.5.2 APR Energy Main Business
5.5.3 APR Energy Generator Rental for Temporary Power Products, Services and Solutions
5.5.4 APR Energy Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.5.5 APR Energy Recent Developments
5.6 Ashtead Group
5.6.1 Ashtead Group Profile
5.6.2 Ashtead Group Main Business
5.6.3 Ashtead Group Generator Rental for Temporary Power Products, Services and Solutions
5.6.4 Ashtead Group Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.6.5 Ashtead Group Recent Developments
5.7 Sudhir Power
5.7.1 Sudhir Power Profile
5.7.2 Sudhir Power Main Business
5.7.3 Sudhir Power Generator Rental for Temporary Power Products, Services and Solutions
5.7.4 Sudhir Power Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.7.5 Sudhir Power Recent Developments
5.8 Atlas Copco
5.8.1 Atlas Copco Profile
5.8.2 Atlas Copco Main Business
5.8.3 Atlas Copco Generator Rental for Temporary Power Products, Services and Solutions
5.8.4 Atlas Copco Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.8.5 Atlas Copco Recent Developments
5.9 Herc Holdings
5.9.1 Herc Holdings Profile
5.9.2 Herc Holdings Main Business
5.9.3 Herc Holdings Generator Rental for Temporary Power Products, Services and Solutions
5.9.4 Herc Holdings Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.9.5 Herc Holdings Recent Developments
5.10 Power Electrics
5.10.1 Power Electrics Profile
5.10.2 Power Electrics Main Business
5.10.3 Power Electrics Generator Rental for Temporary Power Products, Services and Solutions
5.10.4 Power Electrics Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.10.5 Power Electrics Recent Developments
5.11 Generator Power
5.11.1 Generator Power Profile
5.11.2 Generator Power Main Business
5.11.3 Generator Power Generator Rental for Temporary Power Products, Services and Solutions
5.11.4 Generator Power Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.11.5 Generator Power Recent Developments
5.12 Speedy Hire
5.12.1 Speedy Hire Profile
5.12.2 Speedy Hire Main Business
5.12.3 Speedy Hire Generator Rental for Temporary Power Products, Services and Solutions
5.12.4 Speedy Hire Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.12.5 Speedy Hire Recent Developments
5.13 HSS
5.13.1 HSS Profile
5.13.2 HSS Main Business
5.13.3 HSS Generator Rental for Temporary Power Products, Services and Solutions
5.13.4 HSS Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.13.5 HSS Recent Developments
5.14 Shaanxi Communication Power Technology
5.14.1 Shaanxi Communication Power Technology Profile
5.14.2 Shaanxi Communication Power Technology Main Business
5.14.3 Shaanxi Communication Power Technology Generator Rental for Temporary Power Products, Services and Solutions
5.14.4 Shaanxi Communication Power Technology Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.14.5 Shaanxi Communication Power Technology Recent Developments
5.15 Trinity Power Rentals
5.15.1 Trinity Power Rentals Profile
5.15.2 Trinity Power Rentals Main Business
5.15.3 Trinity Power Rentals Generator Rental for Temporary Power Products, Services and Solutions
5.15.4 Trinity Power Rentals Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.15.5 Trinity Power Rentals Recent Developments
5.16 Diamond Environmental Services
5.16.1 Diamond Environmental Services Profile
5.16.2 Diamond Environmental Services Main Business
5.16.3 Diamond Environmental Services Generator Rental for Temporary Power Products, Services and Solutions
5.16.4 Diamond Environmental Services Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.16.5 Diamond Environmental Services Recent Developments
5.17 Rental Solutions & Services
5.17.1 Rental Solutions & Services Profile
5.17.2 Rental Solutions & Services Main Business
5.17.3 Rental Solutions & Services Generator Rental for Temporary Power Products, Services and Solutions
5.17.4 Rental Solutions & Services Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.17.5 Rental Solutions & Services Recent Developments
5.18 Quippo Energy
5.18.1 Quippo Energy Profile
5.18.2 Quippo Energy Main Business
5.18.3 Quippo Energy Generator Rental for Temporary Power Products, Services and Solutions
5.18.4 Quippo Energy Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.18.5 Quippo Energy Recent Developments
5.19 Temp-Power
5.19.1 Temp-Power Profile
5.19.2 Temp-Power Main Business
5.19.3 Temp-Power Generator Rental for Temporary Power Products, Services and Solutions
5.19.4 Temp-Power Generator Rental for Temporary Power Revenue (US$ Million) & (2018-2023)
5.19.5 Temp-Power Recent Developments
6 North America
6.1 North America Generator Rental for Temporary Power Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Generator Rental for Temporary Power Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Generator Rental for Temporary Power Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Generator Rental for Temporary Power Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Generator Rental for Temporary Power Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Generator Rental for Temporary Power Market Dynamics
11.1 Generator Rental for Temporary Power Industry Trends
11.2 Generator Rental for Temporary Power Market Drivers
11.3 Generator Rental for Temporary Power Market Challenges
11.4 Generator Rental for Temporary Power Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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