IMARC Group, a leading market research company, has recently releases report titled “Compressor Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global compressor rental market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Compressor Rental Market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 4.2 Billion |
| Market Forecast in 2028 | US$ 6.0 Billion |
| Growth rate (2023 to 2028) | CAGR of 6% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is Compressor Rental?
Compressor rental is a service that enables renting of a compressor for a predefined period. It is widely utilized by industries, including mining, manufacturing, power, and chemical. At present, it is gaining immense traction around the world as it saves capital expenses and helps keep the production operations smooth and consistent.
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What Are the Growth Prospects and Trends in the Compressor Rental Market?
There is currently a rise in mining activities worldwide on account of the escalating demand for precious metals, such as silver, gold, and platinum. This represents one of the key factors propelling the growth of the market. Apart from this, there is a rise in the utilization of compressor rental solutions in the healthcare and oil and gas industries across the globe. This can be accredited to the benefits of renting, such as reduced additional repair costs. Furthermore, the increasing application of compressors in concrete spraying, piling, blasting, and operating pneumatic tools in the construction sector is positively influencing the demand for compressor rental services.
Who Are the Key Players Operating in the Compressor Rental Industry?
The report has also analysed the competitive landscape of the market with some of the key players.
- Acme Fabcon India Private Limited
- Aggreko Plc
- Ar Brasil Compressores Ltda
- Ashtead Group Plc
- Atlas Copco AB
- Caterpillar Inc.
- Herc Rentals Inc.
- Ingersoll-Rand US Trane Holdings Corporation (Trane Technologies Plc)
- Ramirent Finland Oy (Loxam)
- United Rentals Inc.
What is Included in Market Segmentation?
The report has categorized the market based on technology type, compressor type and end use industry.
Breakup by Technology Type:
- Rotary Screw
- Reciprocating
- Centrifugal
Breakup by Compressor Type:
- Air Compressor
- Gas Compressor
Breakup by End Use Industry:
- Construction
- Mining
- Oil and Gas
- Power
- Manufacturing
- Chemical
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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