The Saudi Arabia power rental market size reached USD 201.40 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 340.26 Million by 2033, exhibiting a growth rate (CAGR) of 6.00% during 2025-2033. The nation's ambitious Vision 2030 initiatives, which encompass large-scale infrastructure projects, a surge in industrial activities, and a heightened demand for reliable power solutions in remote areas are driving the need for flexible and scalable power rental services.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 201.40 Million |
Market Forecast in 2033 | USD 340.26 Million |
Market Growth Rate 2025-2033 | 6.00% |
Mega-Projects and Industrial Expansion Creating Massive Temporary Power Needs
Saudi Arabia’s Vision 2030 blueprint has catalyzed an unprecedented wave of infrastructure and industrial projects, from NEOM’s giga-city to the Riyadh Metro and the Red Sea tourism developments, which routinely outpace grid deployment and require reliable rental power solutions. In 2023, temporary power demand surged as construction firms leased high-capacity generators, often exceeding 1,000 kVA to support heavy machinery and site facilities. The oil and gas sector further intensifies this need, with remote drilling and processing stations relying on mobile power for both baseload generation and critical backup to maintain uninterrupted operations in harsh desert environments. Additionally, Saudi Arabia hosted over 100 international sporting events in 2024, including the Esports World Cup, the Formula 1 Saudi Arabian Grand Prix, the WTA Finals, and the ATP Next Gen Finals, each necessitating scalable, short-term power for lighting, audio-visual setups, and HVAC systems. This confluence of rapid development and high-profile events continues to drive robust growth in the rental power market.
Transition to Cleaner Fuels and Smart Telematics for Efficiency and Compliance
By 2060, Saudi Arabia aims to achieve net-zero greenhouse gas emissions, with an interim target of reducing 278 million tons of CO₂ equivalent per year by 2030 under Vision 2030. In response, environmental regulations and corporate ESG mandates are driving the rapid adoption of natural-gas and hybrid generator sets, leveraging the Kingdom’s abundant domestic gas alongside solar-battery hybrids to lower life-cycle emissions compared with diesel-only units. Rental power providers are outfitting their fleets with IoT sensors and cloud-based dashboards that track fuel consumption, engine performance, and emissions in real time, enabling predictive maintenance to minimize downtime. These digital solutions also facilitate compliance reporting for the Ministry of Energy’s clean-fuel incentives and support seamless integration with on-site renewables during grid tie-ins. As Saudi Aramco and ACWA Power commission large-scale renewable installations, temporary hybrid systems are capturing growing market share, particularly in data centers and industrial parks where both reliability and decarbonization are paramount.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on fuel type, equipment type, power rating, application, and end use industry.
Fuel Type Insights:
The report has provided a detailed breakup and analysis of the market based on the fuel type. This includes diesel, natural gas, and others.
Equipment Type Insights:
A detailed breakup and analysis of the market based on the equipment type have also been provided in the report. This includes generator, transformer, load bank, and others.
Power Rating Insights:
The report has provided a detailed breakup and analysis of the market based on the power rating. This includes up to 50 kW, 51–500 kW, 501–2,500 kW, and above 2,500 kW.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes peak shaving, standby power, and base load/continuous power.
End Use Industry Insights:
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes utilities, oil and gas, events, construction, mining, data centers, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Fuel Types Covered | Diesel, Natural Gas, Others |
Equipment Types Covered | Generator, Transformer, Load Bank, Others |
Power Ratings Covered | Up to 50 kW, 51–500 kW, 501–2,500 kW, Above 2,500 kW |
Applications Covered | Peak Shaving, Standby Power, Base Load/Continuous Power |
End Use Industries Covered | Utilities, Oil and Gas, Events, Construction, Mining, Data Centers, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: