Latin America Power Rental Market Size & Outlook, 2025-2030
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Latin America power rental market highlights
- The Latin America power rental market generated a revenue of USD 3,138.3 million in 2024.
- The market is expected to grow at a CAGR of 9.9% from 2025 to 2030.
- In terms of segment, government and utilities was the largest revenue generating end use in 2024.
- Government and Utilities is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 3,138.3 million |
| Market revenue in 2030 | USD 5,462.2 million |
| Growth rate | 9.9% (CAGR from 2025 to 2030) |
| Largest segment | Government and utilities |
| Fastest growing segment | Government and Utilities |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Government and Utilities, Oil & Gas, Construction, Industrial, Event Management |
| Key market players worldwide | Caterpillar Inc, Cummins Inc, Aggreko, Atlas Copco AB ADR, Kohler, Shenton Group, NIDS Group, JTC, Jassim Transport & Stevedoring, United Rentals Inc, Sudhir Power, Modern Hiring Service, Global Power Supply, FG Wilson, APR Energy |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.0% of the global power rental market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,040.5 million by 2030.
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Power Rental Market Scope
Power Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Global Power Supply | View profile | 11-50 | Santa Barbara, California, United States, North America | http://globalpwr.com/ |
| Modern Hiring Service | View profile | 11-50 | Mumbai, Maharashtra, India, Asia | https://www.modernhiring.com |
| Sudhir Power | View profile | 501-1000 | Gurgaon, Haryana, India, Asia | http://www.sudhirpower.com/ |
| Jassim Transport & Stevedoring | View profile | 1001-5000 | Safat, Al Kuwayt, Kuwait, Asia | https://www.jtckw.com |
| JTC | View profile | 1001-5000 | St. Helier, NA - Jersey, Jersey, Europe | https://www.jtcgroup.com |
| NIDS Group | View profile | 251-500 | Pune, Maharashtra, India, Asia | https://www.nids-group.com |
| Shenton Group | View profile | 51-100 | London, England, United Kingdom, Europe | http://www.shentongroup.co.uk |
| APR Energy | View profile | 501-1000 | Jacksonville, Florida, United States, North America | http://www.aprenergy.com |
| Aggreko | View profile | 5001-10000 | Glasgow, Glasgow City, United Kingdom, Europe | http://www.plc.aggreko.com/ |
| FG Wilson | View profile | 501-1000 | Antrim, Antrim, United Kingdom, Europe | https://www.fgwilson.com/ |
| United Rentals Inc | View profile | 26300 | 100 First Stamford Place, Suite 700, Stamford, CT, United States, 06902 | https://www.unitedrentals.com |
| Kohler | View profile | 10001+ | Kohler, Wisconsin, United States, North America | http://www.kohler.com |
| Atlas Copco AB ADR | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Cummins Inc | View profile | 75500 | 500 Jackson Street, Box 3005, Columbus, IN, United States, 47202-3005 | https://www.cummins.com |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
Latin America power rental market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power rental market will help companies and investors design strategic landscapes.
Government and utilities was the largest segment with a revenue share of 27.27% in 2024. Horizon Databook has segmented the Latin America power rental market based on government and utilities, oil & gas, construction, industrial, event management covering the revenue growth of each sub-segment from 2018 to 2030.
The Power Rental market in Central and South America is poised for growth, driven by several key factors. Infrastructure development is a major driver, as many countries in the region are investing heavily in large-scale projects, including roads, bridges, and urban development.
These construction activities often require temporary power solutions, particularly in remote or less-developed areas where the local grid infrastructure is insufficient. The need for reliable, on-site power to support these projects is fueling demand for rental services across the region.
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Target buyers of Latin America power rental market databook
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Our clientele includes a mix of power rental market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America power rental market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America power rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America power rental market size, by country, 2018-2030 (US$M)
Latin America Power Rental Market Outlook Share, 2024 & 2030 (US$M)
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