Europe Power Rental Market by Type (Diesel, Gas), Power Rating, End Users (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping, Data Center), Application (Peak Shaving, Base Load, Standby, Others), Country - Forecasts to 2024

Europe Power Rental Market by Type (Diesel, Gas), Power Rating, End Users (Utilities, Oil & Gas, Events, Construction, Mining, Manufacturing, Shipping, Data Center), Application (Peak Shaving, Base Load, Standby, Others), Country - Forecasts to 2024

“The Europe power rental market is projected to grow at a CAGR of 7.1%, from 2019 to 2024.”
The Europe power rental market is projected to reach USD 2.3 billion by 2024, from an estimated USD 1.6 billion in 2019, at a CAGR of 7.1%. Power rental equipment is used for standby, prime, continuous, and peak shaving applications in various end-use sectors such as utilities, oil & gas, construction, mining, manufacturing, shipping, data centers, and events. The main driver for the Europe power rental market is primarily due to increasing power loss due to aging infrastructure, and limited access to electricity in rural areas. The slowdown of economies and uncertainty in raw material prices can hinder the growth of the market.

“The 501-2,500 kW segment is expected to grow at the fastest CAGR from 2019 to 2024.”
The 501-2,500 kW segment is expected to be the fastest growing market during the forecast period. These range generators are used in the mining, oil & gas, manufacturing, shipping, and utility sectors. These generators required to provide standby power as well as power during peak shaving. 501 kW-2,500 kW are used in remote locations where emergency power is needed. Thus, these range generators are used when there is high demand for electricity. Above 501-2,500 kW generators are economical and can be deployed for continuous power applications. The adoption of natural gas and other renewable gases for the 501-2,500 generators is the major reason for the fastest growth projection of the segment during the forecast period.

“The standby power segment is expected to be the largest segment in Europe power rental market during the forecast period.”
The standby power segment is expected to be the largest market during the forecast period. The standby generator is an emergency generator which is used when there is a power outage. 501 kW-500 kW and 501 kW-2,500 kW power rating is used as a standby generator. The generator is required for oil & gas, mining, construction, and manufacturing, among others. The demand for the standby power application will increase as in some regions, due to the aging infrastructure and less access to electricity. A standby generator is an electrical back-up system that operates within seconds of a power outage. The transfer switch senses the loss of power and accordingly starts or shuts off the generator. Most units run on diesel, natural gas, or liquid propane gas. These generators are used in hospitals, office buildings, and schools, among others.

“UK”: The largest market for Europe Power Rental.”
Russia is currently the largest market within the Europe power rental industry, followed by UK and Germany. Russia accounted for the maximum share of the market in Europe in 2018. Germany is projected to grow at the highest CAGR, from 2019 to 2024. Growth of the construction, mining, and manufacturing sectors in countries such as Russia, UK, Germany, Netherland, Italy, and Belgium are expected to drive the Europe power rental market during the forecast period. The frequent power outage, unstable power supply, and aging power infrastructure are resulting in mine operators inclining towards power rental solutions to meet their power requirement.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 70%, Tier 2- 20%, and Tier 3-10%
By Designation: C-Level- 50%, Director Level- 20%, and Others- 30%
By Region: North America- 40%, Asia Pacific- 21%, Europe- 15%, The Middle East & Africa- 13%, and South America- 11%

Note: Others includes product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2017. Tier 1: >USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:

The leading players in the Europe power rental market include Caterpillar, Inc. (U.S.), Aggreko, PLC (U.K.), Atlas Copco (Sweden), Bredenoord (Netherland), and Loxam (France).

Research Coverage:
The report defines, describes, and forecasts the Europe power rental market by fuel type, application, power rating, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the Europe power rental market.

Key Benefits of Buying the Report
The report will provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Europe power rental market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKETS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • MARKET SIZE ESTIMATION
      • IDEAL DEMAND-SIDE ANALYSIS
        • Table INCREASING INVESTMENT IN THE CONSTRUCTION SECTOR IS A KEY DETERMINING FACTOR FOR THE EUROPE POWER ENTAL MARKET
      • SUPPLY-SIDE ANALYSIS
      • FORECAST
    • SOME OF THE INSIGHTS OF INDUSTRY EXPERTS
  • EXECUTIVE SUMMARY
    • Table EUROPE POWER RENTAL MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE EUROPE POWER RENTAL MARKET
    • EUROPE POWER RENTAL MARKET, BY FUEL & COUNTRY
    • EUROPE POWER RENTAL MARKET, BY POWER RATING
    • EUROPE POWER RENTAL MARKET, BY APPLICATION
    • EUROPE POWER RENTAL MARKET, BY END-USER
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
        • Table EUROPE: PROPOSED STAGE V EMISSION STANDARD FOR NON-ROAD ENGINES (NRE)
  • EUROPE POWER RENTAL MARKET, BY FUEL TYPE
    • INTRODUCTION
      • Table EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
    • DIESEL
      • EASY AVAILABILITY & TRANSPORTATION OF DIESEL IS EXPECTED TO DRIVE THE SEGMENT DURING THE FORECAST PERIOD
        • Table DIESEL: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
    • GAS
      • RUSSIA IS EXPECTED TO DOMINATE THE GAS SEGMENT DURING THE FORECAST PERIOD
        • Table GAS: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
  • EUROPE POWER RENTAL MARKET, BY POWER RATING
    • INTRODUCTION
      • Table GENERATOR POWER RATING CATEGORIES REQUIRED BY DIFFERENT END-USERS
      • Table EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
    • UP TO 50 KW
      • GROWTH OF INDUSTRIES SUCH AS DATA CENTERS, SHIPPING, AND EVENTS IS EXPECTED TO DRIVE THE POWER RENTAL MARKET
        • Table UP TO 50 KW: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSANDS)
    • 51–500 KW
      • RISING INVESTMENT IN THE CONSTRUCTION INDUSTRY IS EXPECTED DRIVE THE 51-500 KW SEGMENT
        • Table 51–500 KW: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • 501–2,500 KW
      • HEAVY INDUSTRIES, UTILITIES, AND OIL & GAS SECTORS ARE EXPECTED TO DRIVE THE 501-2,500 KW SEGMENT
        • Table 501–2,500 KW: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
  • EUROPE POWER RENTAL MARKET, BY APPLICATION
    • INTRODUCTION
      • Table EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
    • PEAK SHAVING
      • RUSSIA IS EXPECTED TO DOMINATE THE PEAK SHAVING SEGMENT DURING THE FOREACAST PERIOD
        • Table PEAK SHAVING: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • STANDBY POWER
      • COMMERCIAL, FACILITIES, AND DATA CENTERS ARE EXPECTED TO DRIVE THE STANDBY POWER SEGMENT DURING THE FORECAST PERIOD
        • Table STANDBY POWER: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • BASE LOAD/CONTINUOUS POWER
      • MINING AND OIL & GAS INDUSTRIES ARE EXPECTED TO BE KEY INDUSTRIES FOR THE BASE LOAD SEGMENT DURING THE FORECAST PERIOD
        • Table BASE LOAD/CONTINUOUS POWER: POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
  • EUROPE POWER RENTAL MARKET, BY END-USER
    • INTRODUCTION
      • Table EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION)
    • UTILITIES
      • DE-COMMISIONING OF NUCLEAR POWER PLANTS & MORDERNIZING OF TRANSMISSION NETWORK ARE EXPECTED TO DRIVE THE POWER RENTAL MARKET DURING THE FORECAST PERIOD
        • Table UTILITIES: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
    • OIL & GAS
      • RISING DEMAND FOR ENERGY IS EXPECTED TO DRIVE THE DEMAND FOR POWER RENTAL SOLUTIONS
        • Table OIL & GAS: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
    • CONSTRUCTION
      • INCREASING INVESTMENT IN CONSTRUCTION PROJECTS IS EXPECTED TO BOOST THE DEMAND FOR POWER RENTAL SOLUTIONS
        • Table CONSTRUCTION: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
    • MINING
      • RUSSIA IS EXPECTED TO DOMINATE THE MINING SEGMENT DURING THE FOREACAST PERIOD
        • Table MINING: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • MANUFACTURING
      • GERMANY IS EXPECTED TO GROW AT THE FASTEST RATE IN THE MANUFACTURING SEGMENT
        • Table MANUFACTURING: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • SHIPPING
      • UK AND DENMARK ARE KEY MARKET FOR THE SHIPPING INDUSTRY IN THE REGION
        • Table SHIPPING: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • DATA CENTERS
      • RISING INVESTMENTS IN THE IT & DATA CENTERS
        • Table DATA CENTERS: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD THOUSAND)
    • EVENTS
      • EVENTS SEGMENT IN GERMANY IS EXPECTED TO GROW AT THE FASTEST RATE
        • Table EVENTS: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
    • OTHERS
      • Table OTHERS: EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
  • EUROPE POWER RENTAL MARKET, BY COUNTRY
    • INTRODUCTION
      • Table EUROPE POWER RENTAL MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION)
    • UK
      • OIL & GAS, CONSTRUCTION, AND EVENTS ARE KEY INDUSTRIES DRIVING THE DEMAND FOR POWER RENTAL SOLUTIONS IN THE UK
        • Table UK: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table UK: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
        • Table UK: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table UK: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION)
    • GERMANY
      • FAVORABLE POLICY FOR CONSTRUCTION SECTOR IS EXPECTED TO DRIVE THE POWER RENTAL MARKET IN THE SEGMENT
        • Table GERMANY: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table GERMANY: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
        • Table GERMANY: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table GERMANY: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION)
    • RUSSIA
      • STEADY RISE IN DEMAND FOR ENERGY IS EXPECTED TO DRIVE THE RUSSIAN POWER RENTAL MARKET IN THE OIL & GAS SEGMENT
        • Table RUSSIA: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table RUSSIA: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
        • Table RUSSIA: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table RUSSIA: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION)
    • ITALY
      • RISING NUMBER OF EVENTS IS EXPECTED TO DRIVE THE DEMAND FOR THE POWER RENTAL MARKET IN ITALY
        • Table ITALY: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table ITALY: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
        • Table ITALY: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table ITALY: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • FRANCE
      • CONSTRUCTION & UTILITES ARE KEY INDUSTRIES WHICH ARE EXPECTED TO DRIVE THE DEMAND FOR POWER RENTAL SOLUTIONS IN FRANCE
        • Table FRANCE: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table FRANCE: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
        • Table FRANCE: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table FRANCE: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • TURKEY
      • 501-2,500 KW SEGMENT IS EXPECTED TO DOMINATE THE POWER RENTAL MARKET IN TURKEY
        • Table TURKEY: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table TURKEY: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
        • Table TURKEY: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table TURKEY: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • THE NETHERLANDS
      • OIL & GAS, UTILITIES, AND MANUFACTURING ARE KEY SECTORS WHICH ARE EXPECTED TO DRIVE THE DEMAND FOR POWER RENTAL SOLUTIONS IN THE NETHERLANDS
        • Table THE NETHERLANDS: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
        • Table THE NETHERLANDS: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD THOUSAND)
        • Table THE NETHERLANDS: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
        • Table THE NETHERLANDS: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • BELGIUM
      • PEAK SHAVING AND STANDBY POWER ARE MAJOR APPLICATIONS FOR POWER RENTAL IN BELGIUM
        • Table BELGIUM: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD THOUSAND)
        • Table BELGIUM: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD THOUSAND)
        • Table BELGIUM: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD THOUSAND)
        • Table BELGIUM: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • LUXEMBOURG
      • CONSTRUCTION AND UTILITES ARE KEY INDUSTRIES WHICH ARE EXPECTED TO DRIVE THE DEMAND FOR POWER RENTAL SOLUTIONS IN LUXEMBOURG
        • Table LUXEMBOURG: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD THOUSAND)
        • Table LUXEMBOURG: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD THOUSAND)
        • Table LUXEMBOURG: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD THOUSAND)
      • BY END-USER
        • Table LUXEMBOURG: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • DENMARK
      • CONSTRUCTION, SHIPPING, AND MANUFACTURING ARE KEY ENDUSERS FOR POWER RENTAL SOLUTIONS IN DENMARK
        • Table DENMARK: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD THOUSAND)
        • Table DENMARK: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD THOUSAND)
        • Table DENMARK: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD THOUSAND)
        • Table DENMARK: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
    • REST OF EUROPE
      • Table REST OF EUROPE: EUROPE POWER RENTAL MARKET SIZE, BY FUEL TYPE, 2017–2024 (USD MILLION)
      • Table REST OF EUROPE: EUROPE POWER RENTAL MARKET SIZE, BY POWER RATING, 2017–2024 (USD MILLION)
      • Table REST OF EUROPE: EUROPE POWER RENTAL MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION)
      • Table REST OF EUROPE: EUROPE POWER RENTAL MARKET SIZE, BY END-USER, 2017–2024 (USD THOUSAND)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET SHARE, 2018
    • COMPETITIVE SCENARIO
      • NEW PRODUCT DEVELOPMENTS
      • INVESTMENTS & EXPANSIONS
      • MERGERS & ACQUISITIONS
      • CONTRACTS & AGREEMENTS
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING
  • COMPANY PROFILES
    • AGGREKO
      • OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • CATERPILLAR
      • OVERVIEW
        • Table CATERPILLAR EUROPEAN RENTAL PARTNER, BY COUNTRY
      • RENTING PARTNER OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ATLAS COPCO
      • OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • BREDENOORD
      • OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
      • MNM VIEW
    • LOXAM
      • OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BOELS RENTAL
      • OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ZWART TECHNIEK
      • OVERVIEW
      • PRODUCTS OFFERED
    • COLLE RENTAL & SALES
      • OVERVIEW
      • PRODUCTS OFFERED
    • POWER SOLUTIONS
      • OVERVIEW
      • PRODUCTS OFFERED
    • GENERAC
      • OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BULTERYS
      • OVERVIEW
      • PRODUCTS OFFERED
    • THE POWERSHOP
      • OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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