2024 EUROPEAN POWER RENTAL MARKET

This study focuses on the overall European power rental market market revenues and forecasts of the United Kingdom (UK), Germany, France, Italy, Spain, Benelux, the Nordics, and the rest of Europe. For purposes of this research, power rental is defined as generator sets rental that run on either gas, diesel, or any other fuel. These generator sets can be set up as transactional power or power projects that utilize fuel for power generation. This study does not include other rental equipment used for compression, cooling, heating, or others. The base year for the study is 2023. [Published May 2024]  The demand for power rental in Europe is poised to rise, primarily due to the aging infrastructure of power grids, the advantages of renting over owning, and the widening gap between peak electricity demand and the capacity available for dispatch.  The United Kingdom (U.K.) emerged as the leading power rental market in Europe in 2023. The country will continue to lead the market through