Power rental market forecasts 2025-2030, with company profiles for united rentals, sunbelt rentals, wacker neuson, herc rentals, modern energy rental, pon energy rental, bpc power rental & more

Dublin, jan. 21, 2025 (globe newswire) -- the "power rental market - forecasts from 2025 to 2030" report has been added to researchandmarkets.com's offering. the global power rental market is expected to grow at a cagr of 7.59%, reaching a market size of us$35.188 billion in 2030 from us$24.408 billion in 2025. the increasing power consumption in various parts of the world is one of the most important factors driving the market for power rental during the analysis period. notably, the oil and gas industry is the most prominent user of rented power generators, which serve its exploration and production activities and for building infrastructure. this is also complemented by awareness of the benefits of outsourcing power equipment. another emerging demand is for scalable rental equipment to cope with outages and voltage sags and swells. moreover, the construction of hotels and malls, besides government initiatives promoting the expansion of metro and airport networks, is also driving power rental demand in developed and developing countries. the market will register faster growth due to other factors, such as the increasing use of renewable energy resources in place of fossil fuels in an attempt to cut down carbon emissions.
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