Piyasa bakış

The power rental market in Germany experienced a valuation of USD 261.0 million in 2022 USD'ye ulaşması bekleniyor 358.5 million by 2029, with a compound annual growth rate (CAGR) ile ilgili 4.64% tahmin dönemi boyunca. In August 2020, the Federal Ministry for Transport and Digital Infrastructure, in collaboration with Deutsche Bahn (DB), announced plans for a digital rail hub in Stuttgart, with an investment of USD 473.4 milyon. The project aims to digitize the city’s railways, implement autonomous train operations, and install advanced signaling and control systems. It will be funded by the Federal Ministry of Finance and is expected to commence operations in 2025, reaching full functionality by the end of 2030. This government initiative has increased the demand and acceptance of rental models, further driving the growth of the power rental market in Germany.

İçinde 2022, the German government prioritized investments in rail infrastructure over road infrastructure. Bremen, Hamburg, Mecklenburg-Western Pomerania, Lower Saxony, Schleswig-Holstein, and Deutsche Bahn (DB) are investing USD 32.1 billion to modernize the rail network until 2030.

Tesvolt is expanding its giga-factory plant in Lutherdtadt Wittenberg, Saxony-Anhalt, with an anticipated launch in 2024. This upgrade will increase the production capacity of industrial and commercial energy storage batteries using lithium-ion materials to up to 4GWh. Tesvolt is investing approximately USD 64 milyon (€60 million) to construct two new manufacturing complexes and renovate its existing facility.

According to a survey conducted by the German Hospital Institute, 59% of hospitals in Germany can manage a power outage for several days, with only 21% able to ensure continued power supply for a few hours. If a power blackout lasts for multiple days, only 14% of hospitals can provide uninterrupted patient care, sırasında 40% can do so with significant limitations.

In February, severe winter storms swept across northern and northwestern Europe, causing hurricane-force winds. The impact was particularly severe in Ireland, England, parts of Belgium, the Netherlands, northern Germany, and the Baltic coast. The total losses from these storms amounted to USD 5.2 milyar.

Germany has been providing support and aid to Ukraine and other countries facing ongoing socio-economic challenges. To address the energy crisis resulting from the Russian invasion of Ukraine, generators are being donated or supplied to various European Union countries. As a result, the demand for generator sales and rentals is expected to increase, as supply within Germany may be affected and local customers may opt for rental options.

The Russian invasion of Ukraine and disruptions in supply chains have severely impacted Germany’s energy sector. In January 2023, Equinor and RWE announced plans to build new power plants initially fueled by natural gas and later transitioning to hydrogen from Norway. The use of low-carbon hydrogen will reduce reliance on coal and lower CO2 emissions.

As part of its 2021-2026 National Recovery and Resilience Plan (NRRP), Germany aims to complete extensive renovations on 40,000 homes by 2026. This program includes the use of municipal living laboratories to pilot innovative ideas for effective and sustainable energy supply in urban areas.

The Federal Network Agency (Bundesnetzagentur) of Germany has launched an auction for four new offshore wind sites, with a combined capacity of 7 GW. Three sites, each with a capacity of 2 GW, are located in the North Sea, approximately 120 km northwest of Helgoland. The fourth site, with a capacity of 1 GW, is situated in the Baltic Sea zone, about 25 km off the island of Rugen.

To meet the power demand at the Port of Hamburg, Bredenoord provided mobile battery storage starting from August 2022. These mobile power units can deliver up to 40% output immediately, while the Battery Box provides 100% capacity from the start. With the Battery Box, only a 300 kVA generator is needed to handle high loads, whereas without it, four 300 kVA generators would be required.

Municipalities in Germany are also taking measures to prepare for emergency power outages. They are purchasing backup generators and converting fire stations into lighthouses to provide information, essential services, and charging facilities for electronic devices. Government agencies, fire departments, police, rescue services, disaster control, grid operators, and energy suppliers collaborate in developing plans to procure or rent power generators. They identify critical infrastructure and establish designated locations for people during blackout periods.

Since May 18, the new VDE 0100-704 safety requirements for electrical systems have been in effect for all newly constructed or converted building sites. Boels Rental has renewed 400 generators in compliance with these new regulations in partnership with Atlas Copco.

As part of the Federal Transport Route Plan 2030, the 16th construction stage of the A100 aims to extend its length by 3.2 km from Neukölln to the Treptower Park junction in Berlin. This expansion will connect to the 17th construction phase and facilitate better access from the eastern districts of Berlin to the middle ring road. The federal and state governments will invest approximately USD 652 milyon (610 million euros) by 2024 to expand Berlin’s infrastructure. Bredenoord provided the necessary energy through a 500 kVA generator, along with an external 5,500-liter fuel tank.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including fuel, power rating, equipment, son kullanıcı, başvuru, ve coğrafya.

Segmentation By Fuel
Natural Gas
Diesel
Diğerleri (Propane, Hydrogen, Renewable Sources)

Segmentation By Power Rating
>75KVA
75-375KVA
375-1,000KVA
Above 1,000 KVA

Segmentation By Equipment
Generators
Load Banks
Transformers
Diğerleri

Segmentation By End-User
Yapı
Retail
Oil & Gas
Mining
Events
Utilities
IT & Data Center
Manufacturing
Diğerleri

Segmentation By Application
Standby
Continuous
Peak Shaving

The highest incremental opportunity in the power rental market is led by diesel, due to its reliability and sturdiness compared to other fuels. The preference for diesel stems from its proven reliability.

bunlara ek olarak, the Others segment is gaining traction as power generation through renewable sources increases, promoting clean energy practices. Notably, Rolls-Royce Power Systems, a German engine manufacturer, experienced a surge in demand for MTU emergency power generators, primarily from Europe, leading to an exhaustion of their generator availability until 2023. The company recorded a revenue of $3.4 milyar 2021, with approximately one-third generated from the power generation business, which includes emergency generator sets.

The segment above 1,000 KVA continues to be the most favored, presenting the highest incremental opportunity due to the growing need for continuous power. Similarly, the 375 – 1,000 KVA segment exhibits a higher incremental opportunity during the forecast period. This is attributed to the substantial power requirements in various industrial sectors, such as mining, manufacturing, oil & gas, and petroleum refining.

In terms of construction, the Krampnitz Housing Development project in Potsdam, Brandenburg is underway, occupying 150 hectares of land. With a budget of $1,831 milyon, the construction work began in 2022 and is expected to be completed by 2038. Germany’s residential program aims to renovate 40,000 homes extensively by 2026, as outlined in the 2021-2026 National Recovery and Resilience Plan (NRRP). Municipal living laboratories will be employed alongside this initiative, conducting pilot programs that explore effective and sustainable energy supply ideas in urban areas.

Generators hold the dominant share in the power rental market as the increasing reliance on power, coupled with the ongoing energy transition, has boosted the demand for backup power generators. Generators are expected to have the highest incremental opportunity during the forecast period, driven by an increase in power outages caused by weather patterns across the nation. These generators serve two primary applications: providing a constant power supply during outages and supplying power to locations without access to the public power grid. The growing demand for generators is attributed to their ability to provide necessary power access in remote areas.

The construction sector is anticipated to present significant incremental opportunities due to various infrastructure projects in the pipeline by the federal government. For instance, Hanova, a metropolitan housing supplier, received a loan of $64.1 milyon (€60 million) from the European Investment Bank (EIB) in August 2022. This loan supports Hanova’s construction program for social and affordable housing in Hanover, which will meet the European Union’s high energy efficiency standards. This project marks the first loan granted by the EIB in Germany under the new Invest EU program.

Lastly, the continuous power rental segment is expected to witness significant growth due to booming demand from industrial applications and sectors. This segment holds the highest incremental value compared to others, driven by the continuous need to address supply and demand issues. An example of such demand can be seen in the desludging of three rainwater retention basins in Wiefelstede near Oldenburg, where Amodes utilized a complex compact system technology comprising various combinations and frequency converters. Designing and ensuring a safe power supply are critical considerations in this context.

Rekabetçi Ortam

The prominent vendors in the power rental market in Germany include United Rentals, Sunbelt, Aggreko, Atlas Copco, Caterpillar, Cummins, and Kohler Power.
In July 2018, United Rentals successfully finalized the acquisition of Baker Corp International Holdings, A.Ş., enabling their entry into specific European markets.
The top four leading vendors in the Germany power rental market, namely United Rentals, Sunbelt, Aggreko, and Speedy, collectively hold more than 52% of the market share.

Key companies profiled in this report include United Rentals, Sunbelt Rentals, Aggreko, Caterpillar, Atlas Copco, Cummins Inc., KOHLER, Generac Power Systems, Inc., Boels Rental, Bredenoord, Collé Rental & Sales, KILOTOU Group.

Cevaplanan Anahtar Sorular

What is the expected size of the power rental market in the United Kingdom?

The power rental market in the United Kingdom was valued at USD 303.1 million in 2022 USD'ye ulaşması bekleniyor 429.8 million by 2029.

What is the growth rate forecast for the power rental market in the United Kingdom?

The power rental market in the United Kingdom is expected to grow at a compound annual growth rate (CAGR) ile ilgili 5.12% during the forecast period from 2022 ile 2029.

What are some significant opportunities in the power rental market in the United Kingdom?

The demand for rental power equipment to support infrastructure development and provide backup power during severe weather events presents significant opportunities in the power rental market in the United Kingdom.

Which fuel type is expected to dominate the power rental market in the United Kingdom?

Diesel is projected to dominate the power rental market in the United Kingdom. It is considered more reliable and has the highest incremental opportunity compared to other fuel types.

Who are the key vendors in the power rental market in the United Kingdom?

The key vendors in the power rental market in the United Kingdom include United Rentals, Sunbelt Rentals, Aggreko, Caterpillar, Atlas Copco, Cummins Inc., and KOHLER.