Global Transformer Rental Market Growth (Status and Outlook) 2025-2031

The global Transformer Rental market size is predicted to grow from US$ 642 million in 2025 to US$ 989 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.

The market for transformer rental services is experiencing steady growth and development. Transformer rental involves the temporary leasing of transformers to address short-term power needs or during equipment maintenance, repairs, or emergencies.

The demand for electricity continues to grow, driven by population growth, urbanization, and industrial expansion. As a result, there is a need for additional power infrastructure, including transformers, to meet the increasing power requirements.

Many power distribution systems around the world are aging, leading to the need for maintenance and upgrades. During these maintenance or upgrade projects, transformers may need to be taken offline temporarily, prompting the need for rental transformers to ensure uninterrupted power supply.

LPI (LP Information)' newest research report, the “Transformer Rental Industry Forecast” looks at past sales and reviews total world Transformer Rental sales in 2024, providing a comprehensive analysis by region and market sector of projected Transformer Rental sales for 2025 through 2031. With Transformer Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transformer Rental industry.

This Insight Report provides a comprehensive analysis of the global Transformer Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Transformer Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transformer Rental market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transformer Rental and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transformer Rental.

This report presents a comprehensive overview, market shares, and growth opportunities of Transformer Rental market by product type, application, key players and key regions and countries.

Segmentation by Type:
Low Voltage Transformer
High Voltage Transformer

Segmentation by Application:
Power Industry
Metallurgy Industry
Petrochemicals Industry
Railways Industry
Urban Construction

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aggreko
United Rentals
RESA Power
Trinity Power
Energyst
Prime Power Rentals
Maddox Transformer
Modern Energy Rental
Bredenoord
Jozi Power
Slaters Electricals
Mobile Air & Power Rentals
ABC Transformers
Daiden Equipment
VCM Solutions
Simplex
HSS Hire Service Group
Perennial Technologies
inning International
Byrne Equipment Rental
Shree Abirami Enggineering Works
Total Generators
Modern Hiring Service
L.M. Generating Power
Wilson Power Solutions
Pioneer India
AmeriTemp Group
BH Rentals and Services

Please note: The report will take approximately 2 business days to prepare and deliver.