The UK power rental market size was valued at USD 335.0 million in 2024 and is expected to reach USD 451.1 million by 2030, growing at a CAGR of 5.08% during the forecast period.

The total turnover of the equipment rental market in the United Kingdom fluctuated widely over the last decade with a positive trend. By 2021, the equipment rental market turnover in the UK reached *** billion euros and is forecasted to exceed *** billion euros by 2023.

Sunbelt, HSS, and Speedy were the leading companies for equipment rental services in the United Kingdom in 2021. Sunbelt held roughly **** percent of the equipment rental market in the UK.

The United Kingdom Power Rental market is projected add more than USD 100 Million from 2024 to 2029.

The UK construction equipment rental market is expected to reach USD 5.57 billion by 2029 from USD 3.82 billion in 2022, growing at a CAGR of 5.54%.

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Power Rental Market Size 2024-2028

The power rental market size is valued to increase by USD 4 billion, at a CAGR of 6.36% from 2023 to 2028. Growing infrastructure-related activities will drive the power rental market.

Market Insights

North America dominated the market and accounted for a 41% growth during the 2024-2028.
By End-user - Utility segment was valued at USD 3.44 billion in 2022
By Application - Continuous load segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 61.25 million 
Market Future Opportunities 2023: USD 3997.80 million
CAGR from 2023 to 2028 : 6.36%

Market Summary

The market is experiencing significant growth due to the increasing adoption of hybrid power generators and the expanding infrastructure sector. With the global shift towards renewable energy sources and the need for backup power solutions, rental companies are seeing an uptick in demand. This trend is particularly evident in industries that rely heavily on oil, such as construction and mining, which face stringent emission standards. One real-world scenario illustrating the importance of power rental in operational efficiency is in the oil and gas industry. During exploration and production activities, temporary power is required to operate drilling equipment and maintain infrastructure. Renting power generators instead of purchasing them outright allows companies to reduce their capital expenditures and maintain flexibility. Moreover, rental companies offer ongoing maintenance and support, ensuring the equipment is always in optimal condition. Despite these opportunities, challenges persist in the market. Regulatory compliance, logistics, and competition are key areas of concern. Ensuring adherence to local, national, and international regulations can be complex and time-consuming. Effective supply chain management is crucial to meeting customer demands while minimizing costs and maximizing efficiency. Lastly, competition from both traditional power generation companies and new entrants in the market keeps rental companies on their toes, necessitating continuous innovation and improvement.

What will be the size of the Power Rental Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market continues to evolve, driven by the increasing demand for reliable power solutions in various industries. One significant trend shaping this market is the prioritization of operational efficiency gains. According to recent studies, companies have achieved up to 30% reduction in processing time by optimizing their power rental supply chains. This improvement is crucial for contract negotiation strategies, as it allows businesses to offer competitive prices and quick turnaround times. Effective rental revenue management, aided by rental software solutions, plays a pivotal role in this process. These systems enable real-time monitoring of equipment utilization rates, inventory levels, and customer satisfaction metrics. Furthermore, they facilitate preventive maintenance plans, fuel consumption monitoring, and energy efficiency improvements. Equipment availability metrics and maintenance cost reduction are essential considerations for power rental providers. Service level agreements, emergency response planning, and risk mitigation strategies are all essential components of a comprehensive rental offering. Technical expertise provision and project management software are also vital for ensuring operational efficiency and customer satisfaction. Moreover, power generation technologies are evolving rapidly, with renewable energy sources gaining popularity. Equipment refurbishment processes and inventory management systems are crucial for maintaining a competitive edge in this market. Rental fleet optimization and regulatory compliance audits are also essential for ensuring environmental impact assessment and adherence to industry standards. In conclusion, the market is a dynamic and evolving landscape. Companies must stay informed about the latest trends and technologies to remain competitive. By focusing on operational efficiency gains, rental revenue management, and regulatory compliance, power rental providers can deliver high-quality, cost-effective solutions to their clients.

Unpacking the Power Rental Market Landscape

In the market, equipment transportation logistics play a crucial role in ensuring timely installation and commissioning of power systems. Renewable energy integration necessitates flexible rental agreements to accommodate changing power generation capacity requirements. Equipment maintenance schedules are essential for power system reliability and compliance with electrical safety regulations.

Power outage mitigation is a significant business outcome, with rental equipment uptime averaging 98%,

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Mobile Power Generation Equipment Rentals Market Size 2025-2029

The mobile power generation equipment rentals market size is valued to increase USD 570.8 million, at a CAGR of 5.1% from 2024 to 2029. Increasing infrastructural activities will drive the mobile power generation equipment rentals market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 30% growth during the forecast period.
By Application - Enterprise segment was valued at USD 935.00 million in 2023
By Product - Generator segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 53.87 million
Market Future Opportunities: USD 570.80 million
CAGR from 2024 to 2029 : 5.1%

Market Summary

The market is a dynamic and evolving sector, characterized by the continuous adoption of advanced technologies and shifting market trends. Core technologies, such as fuel cells and lithium-ion batteries, are gaining traction due to their efficiency and environmental sustainability. Applications in various industries, including construction, oil and gas, and disaster recovery, are driving market growth. Service types, including rental and lease, are becoming increasingly popular due to their flexibility and cost-effectiveness. Regulations, such as emissions standards, are influencing the market's direction. For instance, the shift to gas generators is on the rise, accounting for over 40% of the market share, due to their lower emissions compared to diesel generators. However, increasing competition from microgrids and energy storage systems presents challenges for market players. These trends underscore the ongoing evolution of the market and its potential for growth and innovation.

What will be the Size of the Mobile Power Generation Equipment Rentals Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Mobile Power Generation Equipment Rentals Market Segmented ?

The mobile power generation equipment rentals industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationEnterprisePersonalProductGeneratorTurbinePower RatingUp to 50 kW51 kW to 500 kWAbove 500 kWEnd-userConstruction industryOil and gas industryMining industryGeographyNorth AmericaUSCanadaEuropeUKMiddle East and AfricaSouth AfricaUAEAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW)

By Application Insights

The enterprise segment is estimated to witness significant growth during the forecast period.

Mobile power generation equipment rentals have gained significant traction in various industries as businesses seek flexible and cost-effective solutions for their short-term or remote power requirements. According to recent market reports, the enterprise segment holds the largest revenue share in this market, accounting for approximately 45% of the total rentals in 2024. Construction sites, large-scale events, and data centers are among the primary enterprise applications for mobile power generation equipment rentals. These industries rely on portable generators to ensure operational efficiency and maintain uninterrupted power supply. For instance, construction companies use diesel generator rentals at off-grid job sites, event planners rent backup power solutions for large-scale events, and data centers rely on mobile power solutions for maintenance and emergency power needs. The market for mobile power generation equipment rentals is expected to grow substantially in the coming years, with an estimated 30% of businesses planning to increase their usage of rental power systems. Furthermore, the adoption of advanced technologies, such as remote diagnostics, power outage mitigation, and preventive maintenance, is driving the demand for mobile power generation equipment rentals. Power system design, power distribution systems, and equipment uptime are critical factors that businesses consider when renting power generation equipment. Fuel consumption rates, power system reliability, and rental service agreements are also essential aspects of the rental process. Equipment lifecycle management, generator maintenance, and load bank testing are crucial for ensuring the optimal performance and longevity of the rented equipment. Gas generator rentals are another popular choice for businesses due to their fuel efficiency and lower emissions. Fuel management systems and emission control systems are increasingly being integrated into rental power contracts to address environmental concerns and improve overall efficiency. In conclusion, the market is a dynamic and evolving industry that caters to the diverse power needs of businesses across various sectors. The flexibility, c

Market Size statistics on the Construction Equipment Rental & Leasing industry in the UK

Construction companies rent or lease equipment to minimise costs, providing opportunities for machinery suppliers. Equipment providers' fortunes are strongly tied to the construction sector, with the residential market a primary driver of sales. Funding for large-scale projects like HS2 and London’s Crossrail provided both long- and short-term demand for construction equipment suppliers as commercial construction output has recovered in recent years. Revenue is projected to climb at a compound annual rate of 1.5% over the five years through 2024-25 to £9 billion, including an expected 2% hike in 2024-25. The average industry profit margin is set to fall to 7.9% in 2024-25.

Revenue dropped in 2020-21 as the pandemic put the brakes on on-site construction work, reducing the need for construction machinery. The volume of new residential construction work is falling because of a hike in interest rates, causing more people to delay home purchases. The hike in funding by the government for more housebuilding and the Help to Buy scheme, which ended in March 2023, led to a resurgence in residential construction activity, boosting sales for construction equipment suppliers. Before the end of the programme, residential construction contractors brought forward projects to enjoy funding from the Help to Buy scheme, boosting orders for construction machinery rentals. Construction activity is rising in 2024-25, aided by a jump in housebuilding and elevated investment in commercial construction projects. According to the ONS, construction output expanded by 0.4% in the three months to January 2025.
Revenue is forecast to climb at a compound annual rate of 3% over the five years through 2029-30 to £10.5 billion. Funding for more homebuilding, like the £3 billion fund that aims to build 300,000 homes in England annually until 2025-26, will propel sales for construction machinery. The government is targeting the construction of 1.5 million homes by 2030 to address the shortage of affordable homes, further providing opportunities for equipment providers. Work on large infrastructure projects like HS2 and the Thames Tideway Tunnel will provide a steady revenue stream for equipment providers. Profitability is set to benefit from rising demand and a healthy construction sector despite companies on track to pour funds into more environmentally friendly powered equipment.

According to Cognitive Market Research, the global Power Generator Rental Market size will be USD 178.9 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.20% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 66.19 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue, with a market size of USD 51.88 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 42.94 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue, with a market size of USD 6.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 7.16 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 3.94 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2033.
>Diesel generators are the fastest growing segment of the Power Generator Rental Market industry

Market Dynamics of Power Generator Rental Market

Key Drivers for Power Generator Rental Market

Rising Power Outages Boost Demand for Backup Generator Rentals, Expected to Boost Market Growth

The U.S. Energy Information Administration (EIA) has reported that electricity customers are facing more frequent and longer power outages these days, averaging over 8 hours of downtime each year for every household. This increase is mainly due to extreme weather, aging infrastructure, and stress on the grid. As a result, there's a growing demand for power generator rentals, with businesses, municipalities, event planners, and essential facilities like hospitals and data centers all looking for dependable backup power solutions. Since the EIA started tracking this data in 2013, the duration of outages has been on the rise, and concerns about power supply reliability—especially during storms and due to grid weaknesses—have made us more aware of the risk of blackouts. Both the government and private sectors are stepping up their investments in rented generators to ensure they can keep operations running smoothly during both planned and unexpected outages. As electrical interruptions become more common, the generator rental market is becoming a crucial part of regional strategies for energy security and disaster preparedness. In February 2025, the EIA announced that the planned retirements of coal-fired power plants in the U.S. are set to double this year, while the demand for new energy capacity continues to grow, raising further concerns about grid reliability during this transition.

https://www.reuters.com/business/energy/planned-us-coal-fired-power-retirements-double-2025-eia-says-2025-02-25/”/

Government-Backed Emergency & Infrastructure Preparedness Is Expected To Boost Market Growth

Government agencies in the U.S., especially FEMA, are actively involved in promoting the use of power generators to bolster the resilience of critical infrastructure. They do this through programs like the Hazard Mitigation Grant Program (HMGP) and Pre-Disaster Mitigation (PDM). These initiatives provide funding for both portable and permanently installed generators at essential public facilities, including hospitals, water treatment plants, and emergency services. The goal is to ensure a steady power supply during disasters and outages. FEMA also has a Schedule of Equipment Rates that lists the approved rental or lease rates for generators used in emergencies, highlighting the government's commitment to enhancing generator deployment capabilities. This federal backing makes it easier for municipalities and utility providers to access rental generators, which in turn boosts demand in the Power Generator Rental Market.

Restraint Factor for the Power Generator Rental Market

Stricter Emissions Regulations on Diesel Generator Sets Will Limit Market Growth

The EPA’s Nonroad Diesel Engine Regulations, which fall under the Tier 4 standards, require sign...

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Construction Equipment Rental Market Size 2025-2029

The construction equipment rental market size is forecast to increase by USD 39.95 billion, at a CAGR of 5.9% between 2024 and 2029.

The market is experiencing significant growth, driven by increased investment in infrastructure projects worldwide. This trend is expected to continue as governments and private entities prioritize infrastructure development to boost economic growth and improve public services. Another key driver is the increasing adoption of automation in the construction industry. Automated equipment rental solutions offer numerous benefits, including increased efficiency, improved safety, and reduced labor costs. However, the market faces a notable challenge: the lack of a skilled workforce in the construction industry. As the demand for construction equipment rental services grows, ensuring a sufficient workforce to operate and maintain the equipment is becoming a significant concern for market players.
To capitalize on the market's opportunities and navigate these challenges effectively, companies must focus on workforce training and development programs, as well as explore partnerships and collaborations to address the labor shortage. Additionally, investing in research and development to create more automated and user-friendly equipment rental solutions can help companies stay competitive and meet the evolving needs of their customers.

What will be the Size of the Construction Equipment Rental Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Light equipment, telehandlers, backhoes, and excavators are in high demand for infrastructure projects, while generators and industrial equipment are essential for utility services and industrial applications. Safety standards, a critical aspect of the rental industry, are continually evolving, with civil engineering projects requiring operator certification, safety training, and adherence to OSHA regulations. Rental agreements come in various forms, including long-term and short-term, with operational costs including equipment availability, maintenance, cleaning, and fuel. Equipment damage and rental contract terms are significant considerations, with insurance coverage and liability insurance playing crucial roles in mitigating risks.

Bulldozers, skid steers, and rollers are integral to heavy construction projects, while cranes and forklifts are essential for commercial and residential construction. Fuel efficiency and environmental compliance are increasingly important factors, with digital platforms and mobile app integration streamlining equipment rental processes. Equipment financing, fleet management, and data analytics are also key areas of focus, with rental rates varying from daily to weekly to monthly. Delivery and pickup, equipment inspection, and customer service are essential components of a successful rental experience. Market trends include the growing popularity of online rental booking, equipment repair, and equipment tracking, as well as the integration of specialty equipment, such as boom and scissor lifts, into rental offerings.The market's continuous dynamism is driven by the evolving needs of various sectors, from infrastructure and industrial projects to commercial and residential construction, and disaster relief operations.

How is this Construction Equipment Rental Industry segmented?

The construction equipment rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  ECRCE
  MHE


Type

  ICE
  Electric


Product Type

  Backhoes
  Excavators
  Loaders
  Crawler dozers
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    The Netherlands
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

.

By Application Insights

The ecrce segment is estimated to witness significant growth during the forecast period.

The earthmoving concrete and road construction equipment (ECRCE) rental market encompasses power-propelled vehicles designed for carrying, digging, spreading, or moving materials. This segment includes excavators, loaders, dozers, and Motor Graders. The infrastructure industry's growing investments, driven by the public and private sectors, present significant expansion opportunities for earthmoving equipment rental companies. Urbanization's rapid expansion, particularly in developing countries, will result in an increase in megacities throughout the forecast period. Equipment availa

United Kingdom Construction equipment Rental market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

The global Power Rental Market size is projected to grow from USD 11.06 billion in 2024 to USD 19.81 billion by 2034, with a CAGR surpassing 6% throughout the forecast period (2025-2034). Top industry players include Caterpillar, Cummins, Aggreko, Atlas Copco, Kohler-SDMO, Shenton Group, NIDS GROUP, Jassim Transport & Stevedoring Co. K.S.C.C., Pump Power Rental, United Rentals, Sudhir Power., Modern Hiring Service, Newburn Power Rental., Global Power Supply, FG Wilson, ProPower Rental, APR Energy.

The global compact power equipment rental market is anticipated to observe notable growth during the period of 2025 till 2035 owing to surging requirement for cost-efficient and versatile equipment solutions across construction, landscaping, and industrial sectors. Businesses and individuals alike find good value in renting compact power equipment as opposed to purchasing it because it allows them to have access to top quality machinery without the high ownership costs.

The market is forecast to grow USD 223.0 Billion by 2035, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.

Metric	Value
Market Size in 2025	USD 125.7 Billion
Projected Market Size in 2035	USD 223.0 Billion
CAGR (2025 to 2035)	5.9%

Country-Wise Analysis

Country	CAGR (2025 to 2035)
USA	5.4%

Country	CAGR (2025 to 2035)
UK	5.2%

Country	CAGR (2025 to 2035)
European Union (EU)	5.6%

Country	CAGR (2025 to 2035)
Japan	5.3%

Country	CAGR (2025 to 2035)
South Korea	5.4%

Market Share Analysis by Company

Company Name	Estimated Market Share (%)
United Rentals, Inc.	20-25%
Sunbelt Rentals, Inc.	15-20%
Herc Rentals Inc.	10-14%
Home Depot Rental (Compact Power Equipment, Inc.)	8-12%
Loxam Group	5-9%
Other Companies (combined)	30-40%

UK Construction Equipment Rental Market focuses on the provision of construction machinery and equipment on a rental basis.

In 2023, the majority of owner-occupied homes in the United Kingdom (UK) had energy efficiency rating of C. Local authority and housing association homes were the most energy efficient, with the largest share of properties with a rating of A, B, or C. The energy performance certificate is legally required when buying or renting a home and shows the energy efficiency of a property.

Durable medical equipment (DME) rental market is also expected to experience high growth in the period between 2025 and 2035 due to increased cases of chronic diseases, aging population, and healthcare cost-containment strategies. The market is going to be approximately USD 30,184 million in 2025 and grow up to USD 53,495 million in 2035 at a CAGR of 5.9% during the forecast period.

Metric	Value
Industry Size (2025E)	USD 30,184 million
Industry Value (2035F)	USD 53,495 million
CAGR (2025 to 2035)	5.9%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
USA	5.9%

Country	CAGR (2025 to 2035)
UK	5.9%

Region	CAGR (2025 to 2035)
EU	5.8%

Country	CAGR (2025 to 2035)
Japan	6.0%

Country	CAGR (2025 to 2035)
South Korea	5.8%

Competitive Outlook

Company Name	Estimated Market Share (%)
Hill-Rom Holdings, Inc.	10-15%
Stryker Corporation	8-12%
Getinge AB	6-10%
Siemens Financial Services	5-9%
Universal Hospital Services	4-8%
Other Companies (combined)	50-60%

The United Kingdom, Germany, and France were the largest markets for equipment rental services in Europe in 2021. During this period, the equipment rental market in the UK was worth *** billion euros.

United Rentals, Sunbelt, and Herc Rentals were the leading three companies for equipment rental services in the United States in 2022. United Rentals controlled about ** percent of the market, while Sunbelt held ** percent of the total market. With a strong presence in the U.S., Sunbelt Rentals also operate in Canada and the UK.

Uk & Ireland Home Appliances Rental Market size was valued at USD 0.8 Billion in 2024 and is expected to reach USD 1.9 Billion by 2032, growing at a CAGR of 11.4% from 2026 to 2032.

Uk & Ireland Home Appliances Rental Market Drivers

Flexible Working and Temporary Relocations: Flexible working and temporary relocations are propelling the UK and Ireland home appliances rental market. With 44% of UK working largely remote in 2023, and 15% temporarily moving, the need for furnished, appliance-equipped rentals has increased. The Residential Landlords Association estimates a 28% increase in short-term rentals with appliances between 2021 and 2023, which supports this trend even more.

Increasing Cost of Living Problems: The increasing cost of living problems is driving the UK and Ireland home appliances rental market. With UK inflation peaking at 11.1% in 2022 and appliance prices growing by 8.5%, many customers are looking for renting options to avoid large upfront payments. The Money and Pensions Service, 24% of UK families are now contemplating renting key home equipment.

Expanding Student Population: The expanding student population is boosting the UK and Ireland appliances rental market. In 2023, 562,060 students were accepted into UK institutions, with 70% requiring temporary housing. As more students choose furnished accommodation, there is a greater demand for rentals that include appliances. According to Unipol Student Homes, 35% of students choose rentals that include appliances, up from 22% in 2019. This trend is driven by the need for ease and flexibility in student life.