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Yahoo
4 hours ago
- Business
- Yahoo
North American Power Rental Market Report 2025, Profiles of United Rentals, Aggreko, Sunbelt Rentals, Caterpillar, and Herc Rentals
The North American Power Rental Market, worth $2.8 billion in 2024, is projected to soar to $4.4 billion by 2031, driven by robust oil & gas activity, grid instability, and mega projects. Key players include United Rentals, Aggreko, and Sunbelt. Diesel and natural gas generators, especially in the Permian Basin, cater to rising demand from data centers and utilities amidst aging infrastructure and severe weather. The comprehensive report provides insights into market size, growth drivers, and trends from top companies. Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "2025 North American Power Rental Market" report has been added to offering. The North American Power Rental Market reached $2.8 billion in 2024 and is forecasted to grow to $4.4 billion by 2031. The market expanded by 9.6% between 2024 and 2025, propelled by a combination of sustained oil & gas activity, grid modernization needs, and surging demand from large-scale infrastructure projects. This research report includes market size, growth rates, vertical end-user split, competitive market share data and revenue forecasts from 2024-2031 for the United States and Canada. The study is a comprehensive analysis including market share splits by fuel type (diesel, natural gas, others), output power, application, end user group and rental provider. Furthermore, profiles of key companies, growth drivers, restraints, challenges, and quotations from industry participants are also included in this analysis of the temporary power opportunity. The North American Power Rental Market is mature and competitive with the presence of regional and national market participants trying to get a strong foothold in the market. Growth is fueled by strong oil & gas activity, grid instability, and mega projects. United Rentals, Aggreko, and Sunbelt lead a highly consolidated and competitive market. Oil & gas remained one of the top drivers, accounting for 20% of total market revenues in 2024. The segment continues to demand reliable rental solutions across exploration, production, and midstream activities, especially in off-grid locations. Concurrently, aging utility infrastructure and more frequent weather-related outages elevated the need for temporary power across North America. Other key growth segments include industrial and construction, with data center expansion and federally backed mega projects boosting long-term rental opportunities. Despite regulatory and cost pressures from Tier 4 Final emissions standards, demand remains strong for diesel and natural gas generators. Notably, natural gas units now represent 30% of the market, favored for their lower emissions and fuel flexibility. United Rentals, Aggreko, Sunbelt Rentals, Caterpillar, and Herc Rentals were the top five players in 2024. Other companies included in the report are H&E Equipment Services, EquipmentShare, Sunstate Equipment Co., PowerSecure, Mesa Solutions, VoltaGrid, Enchanted Rock, Electro-Motion, and others. Report Scope This study captures the following information on North American Power Rental Market: Market Size, Growth Rate, Revenue Forecasts (2024-2031) Growth Drivers & Restraints Market Revenues by Fuel Type (Diesel, Natural Gas, Others) Market Revenues by Output (less than 100kw, 100-500kw, 500.1-1000kw, over 1000kw) Market Revenues by Application (Prime, Standby, Peak Shaving) Market Revenues by End User 2024 and estimated 2031 (Industrial, Oil & Gas, Construction, Utility, Commercial, Entertainment, Others) Quotes by Key Industry Participants Market Share Analysis Market Trends Key Topics Covered: I. Research Scope, Methodology II. Segmentation by Type of Fuel, Application, End-user, and Output Range III. Executive Summary Revenues by end-user Major Data Points North American Power Rental Market Revenues, 2024 & 2031 Major trends Market drivers Market restraints Main market participants IV. Strategic Recommendations & Opportunities V. Market Drivers VI. Market Restraints VII. Market Trends Shift to Energy-as-a-Service Models Integration of BESS into Power Rental Fleets Hydrogen-Battery Hybrid Surge Shift Toward Natural Gas Generators Industry consolidation VIII. Market Data North American Power Rental Market revenues (2024-2031) United States power rental market revenues (2024-2031) Canada power rental market revenues (2024-2031) North American Power Rental Market revenues by fuel type (Diesel, Natural Gas, and Others) North American Power Rental Market revenues by output North American Power Rental Market revenues by application (Prime, Standby, and Peak Shaving North American Power Rental Market revenues by end user, 2024 (Industrial, oil & gas, construction, utility, commercial, entertainment, others) North American Power Rental Market revenues by end user, 2031 (Industrial, oil & gas, construction, utility, commercial, entertainment, others IX. Competitive Landscape North American Power Rental Market share by company, 2024 Competitive factors Quotes from the industry X. Company Profiles United Rentals, Inc. Aggreko plc Sunbelt Rentals, Inc. Caterpillar, Inc. Herc Rentals A selection of companies mentioned in this report includes, but is not limited to: United Rentals, Inc. Aggreko plc Sunbelt Rentals, Inc. Caterpillar, Inc. Herc Rentals H&E Equipment Services EquipmentShare Sunstate Equipment Co. PowerSecure Mesa Solutions VoltaGrid Enchanted Rock Electro-Motion For more information about this report visit About 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. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ 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 +353-1-416-8900Error 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
Yahoo
4 hours ago
- Business
- Yahoo
North American Temporary Cooling Market Report 2025 Featuring Aggreko, Carrier, Daikin, Herc, Mobile Air & Power, Polygon, Resolute Industrial, Sunbelt, Caterpillar, Trane Technologies, United Rentals
The North American Temporary Cooling Market surged to nearly $2 billion in 2024, driven by AI demand, construction, and equipment shortages, and is set to reach $3 billion by 2031. Key players like United Rentals and Sunbelt are addressing rising rental needs with energy-efficient solutions and strategic partnerships. Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "2025 North American Temporary Cooling Market" report has been added to offering. Fueled by a perfect storm of AI-driven demand, soaring construction activity, and persistent equipment shortages, the North American Temporary Cooling Market reached nearly $2 billion in revenues in 2024 and is projected to hit $3 billion by 2031 The market experienced significant growth in 2024 compared to the previous year and is now expanding at a compound annual growth rate (CAGR) of over 6%, signaling a lasting shift in how businesses approach climate control. This report provides an overview of the cooling equipment rental market in North America (United States and Canada). The report captures the growth drivers, restraints, market trends, market share by revenue, market share by equipment type, market share by tonnage, market share by end user, competitive supplier landscape and forecasts to 2031. In 2024, AI adoption outpaced infrastructure capacity across the tech sector, forcing data centers to rent large-scale chiller systems as a stopgap while awaiting permanent installations. Although post-COVID delays have eased, lead times remain long - driven now more by surging demand than by supply chain disruptions. At the same time, prolonged heat waves strained cooling infrastructure in healthcare, education, and manufacturing, further boosting rental demand. Despite intensified competition putting pressure on margins, rising rental prices in certain segments straining customer budgets, and ongoing shortages of skilled labor, the market continues to push forward with strong momentum. Major trends reshaping the industry include the rise of energy-efficient, innovative eco-friendly cooling solutions and adoption of telematics for remote monitoring. Re-rental activity is also climbing, as regional players increasingly collaborate to meet peak demands during hot seasons or overlapping project timelines. This trend has helped bridge fleet shortages while offering national coverage to clients operating across multiple job sites. As the market grows more crowded and complex - marked by concentration in larger chiller segments and increasing fragmentation in smaller units - operational efficiency is becoming an increasingly important differentiator. Companies with broad equipment fleets, strong logistics capabilities, and strategic re-rental partnerships are gaining traction. Market leaders such as United Rentals, Sunbelt Rentals, Aggreko, Trane Technologies, and Herc Rentals are leveraging their scale and infrastructure to meet both immediate and long-term cooling needs across sectors. Some other key companies covered in the report include Carrier Corporation, Daikin Applied Americas, the Caterpillar Dealership Network, Resolute Industrial, Mobile Air & Power, and Polygon, among others. Market Summary Market Size, Growth Rate, Revenue Forecasts 2024-2031 Market Drivers & Restraints Market Trends Technology Trends Market Landscape Supplier Landscape Competitive Factors Strategic Recommendations Market Trends Energy Efficiency Rental Fleet Telematics Eco-friendly Cooling Solutions Re-rental Partnerships Company Profiles Aggreko plc Carrier Corporation Daikin Applied Americas Herc Rentals Mobile Air & Power Polygon Resolute Industrial Sunbelt Rentals The Caterpillar Dealership Network Trane Technologies United Rentals Report Scope Rental cooling equipment has been segmented in the following categories: Spot Coolers Air Conditioners Chillers Cooling Towers Air Handling Units (AHUs) Customer: Industrial Commercial Healthcare Data centers Education Events Cooling Capacity (Tonnage): Less than 25 tons 25 to 100 tons 101 to 400 tons More than 400 tons For more information about this report visit About 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. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ 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
Yahoo
a day ago
- Business
- Yahoo
IES Holdings, Inc. (IESC): A Bull Case Theory
We came across a bullish thesis on IES Holdings, Inc. (IESC) on FluentInQuality's Substack. In this article, we will summarize the bulls' thesis on IESC. IES Holdings, Inc. (IESC)'s share was trading at $264.15 as of 2nd June. IESC's trailing P/E was 21.73 according to Yahoo Finance. An executive overlooking a modern technology facility, emphasizing the cutting-edge solutions the company provides. IES Holdings (IESC) is a quietly powerful force behind America's modern infrastructure, delivering essential services that make everything from data centers to solar farms function reliably. Rather than constructing headline-grabbing skyscrapers, IES focuses on building the critical systems that power, connect, and automate them. Operating through four distinct segments—Communications, Residential, Commercial & Industrial, and Infrastructure Solutions—the company maintains a diversified, recession-resilient revenue stream across vital sectors. Each segment targets a different market, yet collectively they form a cohesive, cash-generating engine that benefits from rising demand for connectivity, automation, and resilient infrastructure. IES differentiates itself from typical cyclical contractors by emphasizing recurring, high-margin technical services and decentralized operations. This focus allows each business unit to act with agility while benefiting from shared capital discipline and low corporate overhead. Backed by a significant ownership stake from Chairman Jeff Gendell, IES operates with a founder's mindset—conservative leverage, selective acquisitions, and an unwavering emphasis on cash flow over optics. While its margins may not dazzle, they're steady, and the company has built a track record of disciplined execution and consistent growth. With structural tailwinds from cloud expansion, Sunbelt housing growth, industrial automation, and the energy transition, IES stands to benefit from broad-based, secular demand. It achieves mid-to-high single-digit organic growth, generates healthy free cash flow, and reinvests wisely through tuck-in acquisitions. Largely under the radar, IES is not about hype but about execution and endurance—delivering the kind of durable, compound growth that's rare in today's market. For long-term investors, it represents a resilient and underappreciated opportunity. For a comprehensive understanding of the industry check out our summary on Miller Industries (MLR), covered on 30th May 2025 currently trading at $44.84 with a P/E of 9.56. IES Holdings, Inc. (IESC) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held IESC at the end of the first quarter which was 28 in the previous quarter. While we acknowledge the risk and potential of IESC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. 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
CNBC
6 days ago
- Business
- CNBC
The setup is ‘compelling' for these two real estate stocks, Wolfe says – and they pay big dividend yields
The real estate sector has been a lackluster performer in recent weeks, but some dividend-paying stocks in the group could be showing signs of promise, according to Wolfe Research. While the S & P 500 was up more than 6% in May, the real estate sector only advanced about 0.9% in that time. Real estate's performance last month coincided with a volatile period for longer-dated Treasurys, including the 10-year note, as investors grappled with shakiness around tariff policy and deficit worries as the House of Representatives cleared a massive tax and spending bill . The 10-year Treasury is closely tied to the real estate sector, as a spike in yields raises borrowing costs and hurts returns on real estate investments. But even as the real estate sector has had a rough go, one corner of the market is standing out. "A more diluted group that intrigues us is Office [real estate investment trusts]," wrote Wolfe Research managing director and technical analyst Rob Ginsberg in a May 30 report. Indeed, the S & P 500's office REIT sub-industry group was up more than 5% in May – its first winning month in 2025. "[T]he group is starting to come around nicely following months of aggressive underperformance," Ginsberg added, noting that two names in particular are seeig "compelling setups." COPT Defense Properties Ginsberg called out COPT Defense Properties , noting that once the stock punches through its 200-day moving average of $29, its November high at $34 will be "the only thing left in its path." COPT Defense ended Tuesday's trading at $27.56. Shares are off more than 11% in 2025, and pay a current dividend yield of 4.4%. COPT Defense, based in Maryland, has a tenant base that includes U.S. government agencies and defense contractors. It also owns and operates more than 30 data centers. Earlier this year, the REIT lifted its quarterly dividend by 3.4%, a move that caught the attention of Wedbush analyst Richard Anderson. "The company confidently raised the dividend as results are beating essentially every guidance building block," he said in a May 12 report. Anderson rates COPT outperform. "Bigger picture, even though CDP appears protected from [Department of Government Efficiency] cuts and other military forced departures, we think the market [sees] the company as too close for comfort," he added. "Assuming CDP continues to perform, we expect it to shake that stigma." Wall Street also likes the name, with most analysts rating it a buy or strong buy, according to LSEG, and the consensus price target calling for 15% upside. Highwoods Properties Ginsberg also highlighted North Carolina-based Highwoods Properties , which owns and manages real estate in business districts in major Sunbelt cities, including Atlanta, Charlotte and Orlando. The key level for investors to watch is the $30.50 mark – Highwoods' 200-day moving average, Ginsberg said. Once the stock tops that, it would open a "sizable runway to the high $30s," he added. Shares ended Tuesday at $30.31. Highwoods' stock is off about 1% in 2025, and it pays a dividend yield of 6.6%. "We see the set-up into FY26-27 as promising but still see some execution risk and remain Neutral," Mizuho analyst Vikram Malhotra said in a report last week after meeting with Highwoods' CFO Brendan Maiorana. Malhotra noted that the South is still benefiting from migration trends, which is lifting office demand in Highwoods' markets. "Getting back to steady 'mid-single-digit' cash flow growth combined with a well-covered 7% dividend is the opportunity for investors," the analyst added. Analysts largely rate the company a hold, and the consensus price target sees just 1% upside from current levels, according to LSEG. —CNBC's Michael Bloom contributed reporting.
Business of Fashion
23-05-2025
- Entertainment
- Business of Fashion
How Fashion Can Engage With the Global Culture, the Right Way
Dear BoF Community, The locus of fashion is shifting away from a singular focus on Western fashion capitals to seize on the palpable optimism, creative energy and economic growth of the Global South, a vast region covering the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America. These regions contain some of the world's fastest-growing economies, with young digitally-enabled populations and a hunger to be seen and credited for their creativity — not just their consumption. As the Kazakhstani educator, artist, entrepreneur Aika Alemi said so powerfully in her talk at BoF CROSSROADS in Dubai last month, 'we're not just a raw material appendix. We want to be the author of ideas, author of design and art.' One of the key questions that arose at BoF CROSSROADS was how global brands can find ways of engaging with global cultures in an authentic way, without appropriation. Indeed, in conversations with fashion leaders in India, the Middle East and Brazil, they all underscored that locals are keen for their cultures to be embraced globally, but this requires a nuanced understanding and respect for what they bring to the table. I was debating this very topic with Alexia Niedzielski a few weeks earlier at the Alexander McQueen dinner during Paris Fashion Week. She told me about Sunbelt, her new creative studio and collective focused on working with global brands to amplify the creativity and culture of countries in the Global South, to tell stories that 'feel lived, not staged — working at the intersection of fashion, culture, and identity.' This kind of description can sound a bit highfalutin and theoretical, until you experience it in real life. On a recent trip to Rio de Janeiro, Alexia invited me to Rocinha, the city's largest, most well known favela, one of the low-income urban communities in peripheral neighbourhoods of Brazil's big cities, where she was staging a creative shoot for the French fashion brand Rabanne. But this was not my first time in Rocinha. Late one night many years ago on another trip to Rio, I was escorted there by some local community members who were keen for us to experience their culture and music at a Baile Funk party. Baile Funk (or Funk Carioca) is a local Brazilian music genre that emerged from the favelas of Rio in the 1970s. Its raw, bass-heavy, and syncopated staccato style percussion was influenced by Miami Bass in the 1980s, and is now one of the most culturally and politically significant forms of contemporary Brazilian music. Funk music has become an important medium for marginalised communities and favela youth to express their identities in a society that often ignores or criminalises them, addressing topics like police violence, drug trafficking, love, sexuality and the desire for upward mobility. My night in Rocinha was long before we used smartphones to document everything everywhere, but I'll never forget the electricity and vibe of what I experienced that night, dancing amid the glistening bodies grinding to the sounds of Rio's famous funk music until the wee hours. The Rabanne shoot had the same vibe, just with a high-fashion twist. Rabanne's sparkly clothes and signature chainmail and paillettes moved to the sounds of the funk music and the energy of the more than 70 dancers, deejays and local community members hired to be part of the shoot, which was directed by Emmanuel Cossu and photographed by Melissa de Oliveira, a visual artist from Morro do Dendê, in the north zone of Rio de Janeiro. Watching it all come together in real-time, it seemed to be the perfect blend of Brazilian street culture and high-fashion. The energy was infectious, but I wondered how it would be received in Brazil. The campaign, called Atlantic Allusions, was finally released earlier this week. The feedback on Rabanne's Instagram page has been largely positive, receiving more than 4,000 comments and 6,000 shares. By collaborating directly with local artists and community members, Rabanne avoided stereotypical portrayals and highlighted the rich cultural tapestry of Rocinha. The inclusion of real residents and the focus on everyday life and funk music was seen as an effort to celebrate and elevate the community's culture. The author has shared a YouTube video. You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: YouTube, Instagram or Twitter), in order to view embedded content in this article and others you may visit in future. Instagram user Juliipreta commented: 'Funk, the favela, the racialised body — all of this, which many people in Brazil still marginalise, becomes an aesthetic reference abroad. Brazil isn't following trends, it is the trend!!!! When a global brand chooses this setting, this language, this sound… it's not by chance. It's because the world has already understood what many people here still haven't seen.' But there has also been some criticism questioning the tangible benefits for the Rocinha community and the use of a high-fashion platform to depict a community facing socio-economic challenges. Fernando_fernandez365 responded: 'Aesthetic reference? Using favela bodies as hangers. Knowing that they could never afford to wear those clothes outside the video? The people who buy those clothes don't live in favelas. Inclusion or exclusion?' These are exactly the kind of conversations we should be having as fashion expands its cultural inspiration beyond the West. As Khalid Al-Tayer pointed out in his concluding talk at BoF CROSSROADS, making clear how much countries like India, Thailand and Brazil have in common, despite their cultural differences, 'we are moving away from a unipolar definition of fashion and luxury into a multipolar definition of fashion and luxury. The Global South demands and should earn a bigger share of voice in the world.' Exactly how that voice is shaped and shared is an important consideration for where we go next. For anyone interested in these kinds of topics at the intersection of fashion and global culture, we are in the early stages of planning next year's BoF CROSSROADS gathering and would love to hear from you. You can contact about speaking opportunities and our brand partnerships team about sponsorship opportunities and suggestions on where to host the second edition of our special gathering next year. Imran Amed, Founder and Editor-in-Chief P.S. Earlier this week we announced that Hailey Bieber and Tracee Ellis Ross will headline The Business of Beauty Global Forum on June 9-10 in Napa Valley, California. Join us for the global livestream as we gather the leaders shaping the global beauty and wellness industry. Here are my other top picks from our analysis on fashion, luxury and beauty: 1. The Logic Behind Balenciaga's Pierpaolo Piccioli Appointment. Kering has named the former Valentino designer known for his deft use of colour and sculptural couture to succeed Demna in an apparent reset at the Paris-based brand. Pierpaolo Piccioli has been appointed creative director of Kering's Balenciaga label, succeeding current designer Demna, effective July 10th. (David Sims) 2. The End of the Lipstick Index. After years of double-digit growth and a perception of being impervious to wider economic downturns, the beauty industry is finding that cash-strapped customers aren't interested in 'little luxuries.' Beauty's earnings season revealed many steep losses. (BoF Team) 3. A Slap on the Wrist Won't Solve Luxury's Sweatshops Problem. This week, Italy's Competition Authority closed a probe into whether Dior misled consumers about working conditions at its suppliers without finding any wrongdoing. But a new case linking Valentino to poor labour practices suggests this is a problem that won't go away easily. This week, Italy's Competition authority closed a probe into whether the French luxury giant Dior misled consumers about working conditions in its supply chain. (Getty Images) 4. Chanel Pulls Back on Price Hikes as Sales Fall 4%. The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada. In interviews, chief executive officer Leena Nair and chief financial officer Philippe Blondiaux told BoF the luxury market remains 'challenging' as Chanel prepares to revamp its fashion image under new artistic director Matthieu Blazy. Chanel's 2024 sales declined in a luxury market roiled by geopolitical uncertainty and stubborn inflation. 5. Fashion's World-Builder-in-Chief. Niklas Bildstein Zaar's knack for designing immersive experiences has made him a go-to collaborator for the likes of Demna, Haider Ackermann, Anne Imhof and Travis Scott. Niklas Bildstein Zaar's knack for designing immersive experiences has made him a go-to collaborator for the likes of Demna, Haider Ackermann, Anne Imhof and Travis Scott. (Kristina Nagel) This Weekend on The BoF Podcast (System Magazine) This week on The BoF Podcast, we have something a little different: instead of my usual place in the host's seat, I had the pleasure of being a guest for an interview with Jonathan Wingfield, Editor-in-Chief of System Magazine, alongside Luca Solca, Senior Research Analyst at Bernstein – as featured in the debut issue of System Collections, out this week. Together, we explore how major shifts are impacting the global luxury market, the growing fatigue with high prices and mass production, and why creativity, innovation, and strategic alignment between business and creative leadership are more crucial than ever. To receive this email in your inbox each Saturday, sign up to The Daily Digest newsletter for agenda-setting intelligence, analysis and advice that you won't find anywhere else.
