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  • Writer's picturesiddhesh kapshikar
    • Dec 6, 2023
    • 4 min read

Generator Hire Market, Global Outlook and Forecast 2023-2030

The global Generator Hire market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


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.

This report aims to provide a comprehensive presentation of the global market for Generator Hire, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Generator Hire. This report contains market size and forecasts of Generator Hire in global, including the following market information:

Global Generator Hire Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global top five companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.

Diesel Generator Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Generator Hire include Aggreko, Cummins, Caterpillar, United Rentals, APR Energy, Ashtead Group, Sudhir Power Ltd., Atlas Copco and Herc Holdings Inc, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Generator Hire companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Generator Hire Market, by Type, 2018-2023, 2024-2030 ($ millions)

Global Generator Hire Market Segment Percentages, by Type, 2022 (%)


  • Diesel Generator

  • Gas Generator

  • Petrol Generator

  • HFO Generator

  • Others


Global Generator Hire Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global Generator Hire Market Segment Percentages, by Application, 2022 (%)


  • Government and Utilities

  • Oil and Gas

  • Events

  • Construction

  • Industrial

  • Others


Global Generator Hire Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global Generator Hire Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Generator Hire revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies Generator Hire revenues share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • Aggreko

  • Cummins

  • Caterpillar

  • United Rentals

  • APR Energy

  • Ashtead Group

  • Sudhir Power Ltd.

  • Atlas Copco

  • Herc Holdings Inc

  • Power Electrics

  • Generator Power

  • Speedy Hire

  • HSS

  • Shaanxi Communication Power Technology Co., Ltd.

  • Trinity Power Rentals

  • Diamond Environmental Services

  • Rental Solutions & Services

  • Quippo Energy

  • Temp-Power


Outline of Major Chapters:

Chapter 1: Introduces the definition of Generator Hire, market overview.

Chapter 2: Global Generator Hire market size in revenue.

Chapter 3: Detailed analysis of Generator Hire company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Generator Hire in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Generator Hire Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Generator Hire Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Generator Hire Overall Market Size 2.1 Global Generator Hire Market Size: 2022 VS 2030 2.2 Global Generator Hire Market Size, Prospects & Forecasts: 2018-2030 2.3 Key Market Trends, Opportunity, Drivers and Restraints 2.3.1 Market Opportunities & Trends 2.3.2 Market Drivers 2.3.3 Market Restraints 3 Company Landscape 3.1 Top Generator Hire Players in Global Market 3.2 Top Global Generator Hire Companies Ranked by Revenue 3.3 Global Generator Hire Revenue by Companies 3.4 Top 3 and Top 5 Generator Hire Companies in Global Market, by Revenue in 2022 3.5 Global Companies Generator Hire Product Type 3.6 Tier 1, Tier 2 and Tier 3 Generator Hire Players in Global Market 3.6.1 List of Global Tier 1 Generator Hire Companies 3.6.2 List of Global Tier 2 and Tier 3 Generator Hire Companies 4 Market Sights by Product 4.1 Overview 4.1.1 By Type - Global Generator Hire Market Size Markets, 2022 & 2030 4.1.2 Diesel Generat

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