UK Power Rental Market Assessment & Forecast Report 2025-2030 with Focus on the Impact of Tariffs
The 'UK Power Rental Market - Strategic Assessment & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The UK Power Rental Market was valued at USD 335 Million in 2024, and is projected to reach USD 451.10 Million by 2030, rising at a CAGR of 5.08%.
The UK is a leading power rental market in Europe, with total rental equipment valued at USD 6–7 billion in 2024, according to the Europe Rental Association (ERA). The power rental segment is highly fragmented, with the top four companies holding only one-third of the market. The UK rental market offers a diverse range of equipment, from large earth-moving machines to small power tools.
Diesel-powered equipment continues to dominate the UK power rental market. However, growing environmental concerns are driving demand for alternative fuels such as HVO, hydrogen, and biofuels. The 375 KVA–1000 KVA range sees the highest demand due to its widespread use across industries like construction and mining.
Power rentals are especially in demand in the construction, utilities, and IT & data center sectors, fueled by rising investments in infrastructure and a surge in data center development. England and Scotland show particularly strong demand, with extreme weather conditions—including heavy rainfall and storms—further increasing the need for temporary power solutions.
Generators are the most commonly rented power equipment. Diesel generators are widely used for backup power in events, retail, and utilities, while natural gas-powered generators are gaining a growing share of the market.
MARKET DRIVERS & OPPORTUNITIES
UK Government Policies for Energy Transition Support the Power Rental Market Growth
The UK government has increased its focus on achieving the goal of carbon neutrality in 2025. The government has introduced several policies for energy transition across the country.
The government planned to invest in a cleaner and resilient energy system under the Powering up Britain program in 2024. It aims to achieve the goal of carbon neutrality by 2050 through various initiatives such as expanding renewable energy sources such as wind, hydro & solar, and boosting the domestic energy production of the country.
In 2024, the Industrial Decarbonization and Hydrogen Revenue Support (IDHRS) scheme witnessed total funding of USD 27.9 million. The scheme allocated the funds for industrial carbon capture, utilization, & storage projects and hydrogen production. The funding is also directed towards the development of new hydrogen-to-power business models.
Demand for Rental Equipment Backed by Infrastructure Investments by the Government
In 2024, the UK government has committed to unlocking USD 95.92 billion for private investment by 2030 and supporting the development of green industries by 2050.
The government has laid out USD 490.2 billion for the infrastructure in its National Infrastructure and Construction Pipeline. This investment will include USD 74.6 billion for the transport infrastructure and USD 45.8 billion for social structures such as schools, housing, and healthcare.
Government infrastructure investment is focused on accelerating the construction of critical infrastructure projects across the country. Key focus areas of investment include decarbonization of the electricity grid and investment in net-zero power generation capacity. Investment is directed toward clean energy generation through wind, solar, and nuclear, and upgrading the energy distribution infrastructure.
In addition to this, the government is also planning to invest in housing projects under the New Town Development projects and the development of essential infrastructure such as healthcare facilities and public transport. Investment is also directed toward the development of rail and roadways to improve connectivity across the country. Such a growing number of investments in the project is projected to support the U.K. power rental market growth.
Use of Alternative Fuel in Rental Equipment
In 2025, European rental companies are focusing on reducing carbon emissions and transitioning to more sustainable energy solutions. Presently, diesel-powered rental equipment is mainly used for rental purposes across the UK. However, the rental companies are exploring alternative fuel options like biofuels, hydrogen, and electricity for powering their rental equipment.
In June 2021, Aggreko undertook its first pilot project of a 50kVA hydrogen combustion power generation unit at its depot in Moerdijk, Netherlands.
The companies in the U.K. power rental market are attempting to transition towards fleets powered by low-carbon fuel alternatives such as hydrotreated vegetable oil (HVO) or natural gas, which are less polluting than diesel. HVO is made from waste vegetable and animal fats that can be used as a replacement for diesel, which leads to high carbon emissions.
Fluctuation in Diesel Prices Impacts U.K. Power Rental Market
Diesel-powered generators have a significant market share of over 70% in the U.K. power rental market. It is mainly used in construction, mining, retail, oil & gas and IT industries. However, fluctuations in the prices of diesel can negatively impact the U.K. power rental market.
In 2025, the diesel prices witnessed an increase, with the average price rising from 142.9p in January to 145.7p in February 2025. The prices of diesel have increased fourth consecutive month. The prices increased by over 4% in February 2025 compared to February 2024.
Several factors have led to the rise in diesel prices in the UK market. Rise in crude oil prices in the global market, supply chain constraints, and variation in currency exchange of the pound & dollar.
U.K. POWER RENTAL MARKET GEOGRAPHICAL ANALYSIS
According to an IEA report, the UK's total electricity consumption in 2024 was 324.084 GWh. The power demand was highest in the England region, followed by Scotland and Wales.
In 2024, the UK experienced extreme weather conditions, including heavy rainfalls and thunderstorms, such as those from storms Henk, Kathleen, and Bert, which caused flooding and strong winds that disrupted the power supply. As a result, these regions are expected to see higher demand for power rentals and support the U.K. power rental market growth.
IMPACT OF TARIFFS
COMPETITIVE LANDSCAPE
Prominent Vendors
Other Prominent Vendors
SEGMENTATION & FORECAST
Segmentation By Fuel
Segmentation By Power Rating
Segmentation By Equipment
Segmentation By End-User
Segmentation By Application
Key Attributes:
For more information about this report visit https://www.researchandmarkets.com/r/evzjkv
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250619774578/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD: UNITED KINGDOM EUROPE
INDUSTRY KEYWORD: TRUCKING AUTOMOTIVE TRANSPORT OIL/GAS MANUFACTURING ALTERNATIVE ENERGY ENERGY MACHINERY FLEET MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2025.
PUB: 06/19/2025 08:48 AM/DISC: 06/19/2025 08:47 AM
http://www.businesswire.com/news/home/20250619774578/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
BT, EE and Plusnet announce new price rises
BT and EE have raised mid-contract price rises for customers taking out a new deal from Thursday. New BT and EE customers who sign up for broadband from July 31 will see their monthly price rise by £4 mid-way through their contract. This will come into effect on March 31 next year, then again on the same date in 2027. The previous mid-contract price rise was £3 a month. Meanwhile, Plusnet customers will also be subject to a mid-contract price rise of £4 a month from August 5. EE, BT and Plusnet mobile customers will also be hit with higher mid-contract price rises. Those who are a Sim-only or Flex Pay customer will see their contract price rise by £2.50 a month from April, while bundled handset and airtime plan customers will face a £4 rise. A BT consumer spokesman said: 'We are very supportive of Ofcom's requirement to show upfront pounds and pence charges. EE was the first provider to introduce this pricing model, offering EE customers a predictable long-term view of their contract terms. Our pricing approach is designed to be clear for our customers. 'We continue to invest in our business, building on 11 years as the best network to better serve our customers with a reliable and quality connection as we roll out the fastest speed technology to 30 million homes by the end of the decade. We're focused on providing value and customer satisfaction, making new technologies available to our customers such as 5G standalone and WiFi 7.' Ernest Doku, telecoms spokesman at said: 'In another pounding for consumers' wallets, BT, EE and Plusnet will hike mid-contract price rises to £4 per month for broadband and EE £2.50 per month for some mobile customers. 'This adds an extra £1 to mid-contract price rises for new and recontracting customers signing up from 31 July 2025 for EE and BT and 5 August 2025 for Plusnet. 'BT's price updates have often set a precedent for other providers to follow suit. If this trend continues, the telecoms industry runs the risk of creating its own, accelerated rate of inflation.' Mr Doku added: 'Based on our research, where the average BT customer pays £31.50, EE customer £29.20 and Plusnet customer £25.80 for home broadband, this represents a staggering rise of between 12.6% and 15.5% – significantly higher than current inflation of 3.6%. 'From 31 July, EE Sim-only and Flex Pay airtime mobile customers signing up for new deals will see a £2.50 monthly increase applied in March 2025. For those taking out EE's cheapest £18 per month Sim-only plan, this is the equivalent of a notable 13.8% hike. 'This change only applies to customers taking out new contracts, so if you are currently a BT, Plusnet or EE customer and your plan is up for renewal before March 2026 you should shop around for other options. Many regional broadband providers such as YouFibre and Trooli and mobile providers including Lebara and Smarty don't raise prices mid-contract.' Which? director of policy and advocacy Rocio Concha said: 'It's shocking that BT is choosing to increase its mid-contract price rises above the rate of inflation for any new customers who sign up for broadband packages from BT, EE or Plusnet from 31st July. 'Any out-of-contract BT, EE and Plusnet customers who aren't happy with these hikes should vote with their feet and switch to a cheaper deal. 'We'd always recommend carefully weighing up the total costs of any new contract to ensure it offers value for money and you're aware of any possible increases.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
43 minutes ago
- Bloomberg
Blackstone Sells Biggest UK CMBS Since 2008 Financial Crisis
Blackstone Inc. sold more than £1.5 billion ($2 billion) in bonds backed by UK holiday parks operated by Haven, the largest ever pound-denominated commercial mortgage security since the 2008 financial crisis, according to a person with knowledge of the matter. The CMBS accounts for about half of a broader refinancing package for Haven, said the person, who asked not to be identified discussing private information.
Yahoo
an hour ago
- Yahoo
Hampshire housebuilder sees growth despite housing market dip
A Hampshire housebuilder has reported a 'solid performance' despite a challenging market. Barratt David Wilson Homes Southampton, part of Barratt Redrow and based in Hedge End, announced the update for the 52 weeks ending 29 June. The firm, which is currently building Pebble Walk on Hayling Island, and Harbour Place in Bedhampton, achieved a net private reservation rate of 0.64 per active sales outlet per week, up from 0.58 in the previous year. A total of 16,565 homes were completed, including 538 from joint ventures. The group's adjusted profit before tax is expected to meet market expectations, reflecting some margin improvement and initial cost synergies. This performance was supported by a strong balance sheet position with year-end net cash of around £772m. Estimated adjusted item charges for the year are expected to be around £229m, including legacy property charges, acquisition-related reorganisation costs, and CMA commitment costs. The Redrow acquisition delivered cost synergies ahead of schedule. READ MORE: New chief executive named for Hampshire Hospitals Trust Matthew Paine, managing director at Barratt David Wilson Homes Southampton division, said: "Against a challenging market backdrop, we have delivered a solid performance this year. "Our adjusted profits are in line with market expectations, despite home completions being slightly below our guided range, mainly due to the impact of fewer international and investor completions than expected in our London businesses. "We are already seeing tangible benefits from the Redrow acquisition, with cost synergies being delivered ahead of schedule, a new divisional structure in place, and revenue synergies progressing well." However, demand during the year was impacted by consumer caution and mortgage rates not falling as quickly as hoped. Despite this, there remains a long-term structural under-supply of housing in the UK. Matthew added: "Our increased scale, three market-leading brands, and strong land pipeline put us in a unique position to rapidly accelerate volume delivery as consumer confidence strengthens and the benefits of planning reform materialise at a local level. "We remain confident in our medium-term ambition to deliver 22,000 high-quality homes a year, and in the long-term demand for our high-quality homes."
