The APAC Generator Rental Market to Reach $1.84 Billion by 2029 - Arizton

According to the latest report by focus reports by Arizton, the APAC generator rental market 2024 – 2029 sheds light on the dynamic and rapidly evolving industry.

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The APAC generator rental market was valued at $1.35 billion in 2023 and is projected to reach $1.84 billion by 2029, growing at a CAGR of 5.28% during the forecast period. The market is experiencing significant growth driven by the region's expanding industrial and commercial sectors. Rising construction activities, infrastructure development, and the need for reliable power sources contribute to the market's expansion.

Reliable Diesel Generators for Continuous Power Supply Drives the Market

Increasing power outages from weather, grid issues, or maintenance drive demand for generator rentals. Businesses prioritize reliable backup power for uninterrupted operations, fueling the need for rental services. In Japan, power utilities anticipate a reserve power supply capacity ratio of 5.8%, below the recommended 8%. A power supply deficit prompted warnings and increased demand for backup power during peak demand in February 2022. Generator rental powered by diesel has become the reliable backup power source to ensure uninterrupted operations, creating a heightened demand for generator rental services. Reliability and ease of usage alongside large-scale industries' demand push this segment. Due to their robust performance and ability to offer a stable power supply, diesel generators are often used in several construction sites, events, and emergency backup applications. In addition, uncertainty in electricity supply and low emission packages in generators fuel the segment's growth.

Rise in Construction Booming the Growth of Generator Rentals in the APAC Region

Generator rentals play a pivotal role in the construction industry by providing temporary power solutions to construction sites. During various construction phases, they ensure a reliable and continuous power supply for tools, machinery, and lighting. Construction projects in remote or off-grid locations often use generator rentals for power. Generators support remote site operations, including site preparation, excavation, and early construction stages. Generator rentals provide construction companies with flexibility in deploying power sources as needed. As construction sites progress, generators can be relocated to different areas, adapting to changing power demands during the construction project. Renting generators for construction projects is more cost-effective than purchasing and maintaining dedicated power infrastructure. This is particularly beneficial for temporary construction sites with varying project durations.

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REPORT HIGHLIGHTS

SEGMENTATION & FORECAST 

·        Fuel Type (Revenue)

o  Diesel

o  Natural Gas

o  Others  

·        Power Rating (Revenue)

o  <75KVA

o  75-375KVA

o  376-1000KVA

o  >1000KVA  

·        Application (Revenue)

o  Standby Power

o  Continuous Power

o  Peak Shaving

·        End-User (Revenue)

o  Construction

o  Retail

o  Oil & Gas

o  Mining

o  Events

o  Utilities

o  I.T. & Data Centers

o  Manufacturing

o  Others      

LIST OF VENDORS

Key Vendors

·        Aggreko

·        Atlas Copco

·        Caterpillar

·        Cummins

·        Kohler

Other Prominent Vendors

·        Aksa Power Generation

·        Aver Asia

·        East Coast Generators

·        Generac Power Systems

·        Generators Australia

·        HIMOINSA

·        Kaltimex Energy

·        Kanamoto

·        Modern Energy Rental

·        Nishio

·        Powermak

·        Sudhir

·        UMAC

·        Unicel Autotech 

·        United Rentals 

Key Question Answered in the Report 

How big is the APAC generator rental market?

What is the projected growth rate of the APAC generator rental market?

What are the rising trends in the APAC generator rental market?

Who are the key players in the APAC generator rental market?

TOC

CHAPTER – 1: APAC Generator Rental Market Overview

·        Executive Summary

·        Introduction

·        Key Findings

CHAPTER – 2: APAC Generator Rental Market Projected Revenue

·        APAC: Projected Revenue of Generator Rental Market (2023-2029) ($Billions)

CHAPTER – 3: APAC Generator Rental Market Segmentation Data

·        APAC: Projected Revenue by Fuel Type (2023-2029); (Revenue $ BN)

o  Fuel Type Snapshot

o  Diesel

o  Natural Gas

o  Others  

·        APAC: Projected Revenue by Power Rating (2023-2029); (Revenue $ BN)

o  Power Rating Snapshot

o  <75KVA

o  75-375KVA

o  376-1000KVA

o  >1000KVA

·        APAC: Projected Revenue by Application (2023-2029); (Revenue $ BN)

o  Application Snapshot

o  Standby Power

o  Continuous Power

o  Peak Shaving

·        APAC: Projected Revenue by End-User (2023-2029); (Revenue $ BN)

o  End-User Snapshot

o  Construction

o  Retail

o  Oil & Gas

o  Mining

o  Events

o  Utilities

o  I.T. & Data Centres

o  Manufacturing

o  Others

CHAPTER – 4: APAC Generator Rental Market Prospects & Opportunities

·        APAC Generator Rental Market Trends

·        APAC Generator Rental Market Drivers

·        APAC Generator Rental Market Constraints

CHAPTER – 5: APAC Generator Rental Market Industry Overview

·        APAC Generator Rental Market - Competitive Landscape

·        APAC Generator Rental Market - Key Players

·        APAC Generator Rental Market – Other Prominent Vendors

CHAPTER – 6: Appendix

·        Research Methodology

·        Abbreviations

·        About Arizton

List of Exhibits

·        Exhibit 1: APAC Generator Rental Market 2020-2029 ($ billion)

·        Exhibit 2: APAC Generator Rental Market by Fuel Type 2020–2029 ($ billion)

·        Exhibit 3: Market by Diesel Generator Rental 2020-2029 ($ billion)

·        Exhibit 4: Market by Natural Gas Generator Rental 2020-2029 ($ billion)

·        Exhibit 5: Market by Other Generator Rental 2020-2029 ($ billion)

·        Exhibit 6: APAC Generator Rental Market by Power Rating 2020–2029 ($ billion)

·        Exhibit 7: Market by Power Rating >1,000KVA 2020-2029 ($ billion)

·        Exhibit 8: Market by Power Rating 75-375KVA 2020-2029 ($ billion)

·        Exhibit 9: Market by Power Rating 376-1,000KVA 2020-2029 ($ billion)

·        Exhibit 10: Market by Power Rating<75KVA 2020-2029 ($ billion)

·        Exhibit 11: APAC Generator Rental Market by Application 2020–2029 ($ billion)

·        Exhibit 12: Market by Continuous Power 2020-2029 ($ billion)

·        Exhibit 13: Market by Peak Shaving 2020-2029 ($ billion)

·        Exhibit 14: Market by Standby Power 2020-2029 ($ billion)

·        Exhibit 15: APAC Generator Rental Market by End-User 2020–2029 ($ billion)

·        Exhibit 16: Market by Construction 2020-2029 ($ billion)

·        Exhibit 17: Market by Utilities 2020-2029 ($ billion)

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