The global mobile power generation equipment rental market will be driven by the growing demand for backup power during natural disasters during the forecast period 2021-2026


Expert Market Research’s new report titled ‘Global Mobile Power Generation Equipment Rental Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Mobile Power Generation Equipment Rental Market mobile power generation, assessing the market based on its segments like type, application, and major regions like North America, Europe, Asia-Pacific, Latin America, Middle East, and L ‘Africa. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Note 1: For an overview of primary and secondary market data (2016-2026), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.

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Key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 6.2%

The mobile power generation equipment rental market has witnessed substantial growth due to factors such as increased development of public infrastructure, growing industrial base and the need for large volumes of power during events and activities. Also, increased knowledge across different industries provides huge market opportunity for key players in the mobile power generation equipment rental market. The market is also expected to grow on the back of increased construction activity and rising demand from mining, oil and gas industries. Nevertheless, growing competition from microgrids, growing use of energy storage systems and anti-pollution regulations may hamper the growth of the mobile power generation equipment rental industry during the period. forecast.

Industry definition and major segments

The mobile power generation equipment rental industry can be broadly classified based on types and applications.

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On the basis of type, the industry is divided into:

On the basis of application, the industry is divided into:

Regional markets for rental of mobile power generation equipment include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market trends

Geographically, the market in North America is expected to grow rapidly with diesel generators leading the market. However, as environmental rules tighten in order to reduce the carbon footprint, there is an increasing focus on alternative fuel generators. The United States is one of the leading countries using natural gas power generators to reduce pollution. Natural gas generators have higher reliability because they have fewer breakdowns during operation. Additionally, during operation, natural gas generators often save between $1,000 and $3,000 per kilowatt. Growing energy demand, infrastructure projects and the need for contact power are just some of the major reasons driving the North America mobile power generation equipment rental market. Also, it is expected to invest in the oil and gas sector in the United States, which is expected to fuel the market over the forecast period. During the forecast period, the construction sector in the region is expected to outpace investment. The generator rental business, as well as the oil and gas industry, should benefit from the growth of the sector.

Main market players

Major market players include Aggreko Plc, APR Energy Plc, Caterpillar Inc. (NYSE: CAT), Cummins Inc., Siemens AG, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the globe, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analysis on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.

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