The report "Compressor Rental Market by Compressor Type (Reciprocating, Rotary Screw), End-Use Industry (Construction, Mining, Oil & Gas, Power), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2028", was valued at USD 4.4 billion in 2022 and is projected to reach USD 6.2 billion by 2028, at a CAGR of 5.8% between 2023 and 2028. Compressors are in demand to meet the short-term demands of building projects during peak construction seasons or times of increased construction activity.
Browse 196 market data Tables and 37 Figures spread through 220 Pages and in-depth TOC on "Compressor Rental Market by Compressor Type (Reciprocating, Rotary Screw), End-Use Industry (Construction, Mining, Oil & Gas, Power), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2028"
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Based on end-use industry, chemical segment of the compressor rental market expected to grow at the highest CAGR from 2023 to 2028
Construction companies can modify their equipment capacity in accordance with the needs of individual projects due to rental services. Large-scale financial investments are frequently made in a variety of sectors during construction projects. By choosing compressor rentals, construction companies can save their capital for essential tasks like buying supplies, recruiting qualified labor, and paying other project costs. For small or medium-sized construction enterprises, this financial flexibility is very beneficial, thus propelling the growth of compressor rentals in the construction industry.
Based on compressor type, the rotary screw segment is expected to lead the compressor rental market from 2023 to 2028
In comparison to other types of compressors, rotary screw compressors are known for their energy efficiency. They can produce more compressed air with the same amount of energy, which saves money and has a smaller negative effect on the environment. The need for energy-efficient rotary screw compressors in rental applications is still rising as companies place more emphasis on sustainability and energy efficiency. This further provides growth opportunities of the rotary screw segment in the compressor rental market.
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Asia Pacific was the largest region in the compressor rental market in 2022
With accelerated urbanization, rising populations, and greater funding for residential, commercial, and industrial construction projects, the Asia Pacific region is experiencing a construction boom. For construction tasks including demolition, excavation, concrete pumping, and running pneumatic instruments, compressors are essential. The increase in new construction is driving up demand for compressor rental services as businesses look for affordable ways to satisfy their short-term and project-specific compressed air needs. Also, the rental market is expanding significantly in the Asia Pacific region. The transition to the rental model across a number of industries, such as manufacturing, construction, and industrial applications, has favored the growth of the compressor rental industry.
Compressor Rental Market Key Players
Key players operational in the compressor rental market are Atlas Copco (Sweden), United Rentals, Inc. (US), Ingersoll Rand (US), Caterpillar Inc. (US), Hertz Equipment Rental Corporation (US), Ashtead Group Plc (UK), H&E Equipment Services (US), Loxam Group (France), HSS Hire (UK) are major players in the global compressor rental market. These players focus on acquisition, agreement, investment, joint venture, merger, product launch, expansion, divestment, and partnership to cater to the increasing demand for compressor rental from various industries.
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Atlas Copco is one of the major players operating in the compressor rental market. In June 2023, Atlas Copco finalized the acquisition of National Pump & Energy (NPE), a leading provider of dewatering, environmental services, and water treatment solutions in Australia and New Zealand. By adding NPE's capabilities to portfolio, Atlas Copco strengthens its offerings in these areas, providing customers with a more comprehensive range of solutions for their dewatering and water treatment needs.
United Rentals, Inc. is another largest equipment rental companies in the world. The company has an extensive network of more than 890 rental locations in 49 states of the US and in every province of Canada. In December 2022, United Rentals Inc. completed the acquisition of assets of Ahern Rentals Inc., one of the largest independent family-owned equipment rental company The acquisition enabled United Rentals expand its market share and strengthen its position in the equipment rental.
The Report published on UpMarketResearch.com about “Air Conditioner Compressor Market” is spread across 112 pages and provides newest industry data, market future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
Get free sample report: https://www.upmarketresearch.com/home/requested_sample/7004 Air Conditioner Compressor Market Research Report is a professional and in-depth study on the current state which focuses on the major drivers and restraints for the key players.
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The major manufacturers covered in this report PanasonicCopelandBristolDanfossEmbracoHitachiSecopDensoCarrierLGDaikinJaguar Global Air Conditioner Compressor Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2013-2023): United StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South America On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into ReciprocatingScrollScrewRotary By Application, the market can be split into CommercialIndustrial Buy this report : https://www.upmarketresearch.com/buy/air-conditioner-compressor-market Major Points in Table of Content: 1 Industry Overview of Air Conditioner Compressor 2 Manufacturing Cost Structure Analysis of Air Conditioner Compressor 3 Technical Data and Manufacturing Plants Analysis of Air Conditioner Compressor 4 Global Air Conditioner Compressor Overall Market Overview 5 Air Conditioner Compressor Regional Market Analysis 6 Global 2013-2018E Air Conditioner Compressor Segment Market Analysis (by Type) 7 Global 2013-2018E Air Conditioner Compressor Segment Market Analysis (by Application) 8 Major Manufacturers Analysis of Air Conditioner Compressor 9 Development Trend of Analysis of Air Conditioner Compressor Market 10 Air Conditioner Compressor Marketing Type Analysis 11 Consumers Analysis of Air Conditioner Compressor 12 Conclusion of the Global Air Conditioner Compressor Market Professional Survey Report 2017 Key Stakeholders Air Conditioner Compressor ManufacturersAir Conditioner Compressor Distributors/Traders/WholesalersAir Conditioner Compressor Subcomponent ManufacturersIndustry AssociationDownstream Vendors Reasons to Purchase:To gain insightful analyses of the market and have a comprehensive understanding of the Air Conditioner Compressor and its commercial landscape.
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The compressor rental market is projected to reach USD 5.53 billion by 2026, at a CAGR of 6.4% between 2016 and 2026.
The years considered for the study are: Base Year – 2015Estimated Year – 2016Projected Year – 2026Forecast Period – 2016 to 2021 (mid-term) and 2016 to 2026 (long-term) Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23430927For the companies profiled in the report on the compressor rental market, 2015 has been considered as the base year.
The objectives of this study are:To define, describe, and forecast the compressor rental market on the basis of end-use industry, compressor type, and regionTo analyze and forecast the size of the compressor rental market in terms of volume (units) and value (USD million)To provide detailed information about key factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the compressor rental marketTo strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions made to the compressor rental marketTo analyze opportunities in the compressor rental market for stakeholders and draw a competitive landscape of the marketTo forecast the size of the compressor rental market, in terms of value with respect to five main regions (along with countries), namely, Asia-Pacific, North America, Europe, Middle East & Africa, and South AmericaTo strategically profile key players operating in the compressor rental market and comprehensively analyze their core competenciesTo analyze competitive developments, such as joint ventures, mergers & acquisitions, new product launches, and research & development activities (R) in the compressor rental market Research Methodology:The research methodology used to estimate and forecast the compressor rental market began with obtaining data on key vendor revenues through annual reports, company websites, and secondary research, which includes Pneurop (European Committee of Manufacturers of Compressors) Publications and articles from the British Compressed Air Society.
Vendor offerings were also taken into consideration to determine market segmentation.
After arriving at the overall market size, the total market was split into several segments and subsegments, which were later verified through primary research by conducting extensive interviews with key personnel, such as Chief Executive Officers (CEOs), vice presidents, directors, and executives.
Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments of the market.
Report on World Compressor Rental Market by Product Type, Market, Players and Regions-Forecast to 2025 by DecisionDatabases.comCompressor Rental market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/47304-world-compressor-rental-market-reportThe Players mentioned in our reportAggrekoAtlas CopcoHertz EquipmentIngersoll RandSunbelt RentalsUnited RentalsACME Fab-ConAirParts CompressoresAr Brasil CompressoresCaterpillarBlueline RentalCramoGlobal Compressor Rental Market: Product Segment AnalysisOil-flooded typeOil-free typeOthersGlobal Compressor Rental Market: Application Segment AnalysisConstruction industryMining industryOil and gas industryPower industryOthersGlobal Compressor Rental Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Compressor Rental Market @ https://www.decisiondatabases.com/contact/download-sample-47304There are 10 Chapters to deeply display the World Compressor Rental market.Chapter 1 About the Compressor Rental IndustryChapter 2 World Market Competition LandscapeChapter 3 World Compressor Rental Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Compressor Rental Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase the complete World Compressor Rental Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-47304Other Reports by DecisionDatabases.com:World Centrifugal Compressors Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research report provider, enriching decision makers and strategists with qualitative statistics.
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