Compressor Rental Market: Global Industry Analysis and Forecast (2023 to 2029)

Compressor Rental Market size was valued at US$ 4.03 Bn in 2022 and the total revenue is expected to grow at 6.5 % through 2022 to 2029, reaching nearly US$ 6.27 Bn. The Compressor Rental Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Compressor Rental report also provides trends by market segments, technology, and investment with a competitive landscape. Compressor Rental MarketTo know about the Research Methodology :- Request Free Sample Report

Compressor Rental Market Overview:

The compressor rental market is expected to develop steadily during the forecast period thanks to the recovery of the mining equipment market. Rising demand for modified rental air solutions to meet the needs of the industry is driving the market, along with the growing usage of customized air compressor rental systems in the medical, construction, and oil & gas sectors.

Compressor Rental Market Dynamics:

A large-scale need for new rental air services is anticipated to drive the growth of the compressor rental industry during the forecast period 2023-2029. Growing demand for efficient rental air solutions and rising need for mining equipment are some of the key and vital factors driving compressor rental market growth and the rise in utilization of air compressor rental systems with customization in various sectors like construction, medical, and oil & gas propel the market growth. Furthermore, technological development with the innovation of new age compressors equipped with energy efficiency and renting of personalized compressors are predicted to provide cost benefits to the buyer along with reduction of greater repair costs attributed to the breakdown of the system expand market growth during the forecast period. Customers prefer technologically upgraded air compressors as pneumatic power equipment in the commercial sector. Moreover, these products are used as air saws, pneumatic drills, and jackhammers. Increasing demand for pneumatic devices in the construction & manufacturing sectors result in huge compressor rental market demand during the forecast period. Volatile raw material prices and decreasing investment in mining in regions like Europe and North America are restraining factors for the market. The rising interest for innovatively overhauled equipment like pneumatic force hardware and the rising mining area create lucrative opportunities for the market.

Compressor Rental Market Segment Analysis:

By Compressor Type, the compressor rental market is segmented into Reciprocating, Rotary Screw. The rotary screw compressor segment is expected to grow at a rapid pace during the forecast period. The mining equipment market witnessed significant growth in terms of demand for mining equipment. Rotary compressors are used in heavy-duty applications in mining operations. These compressors offer high-efficiency performance and safety during mining processes. These aforementioned factors help to grow the market during the forecast period. By End-Use Industry, the market is segmented into Construction, Mining, Oil & Gas, Power, and Manufacturing.

Recent Development

In October 2019, LOT Cargo concurred with CSafe lobal for temperature-controlled dynamic holders to address the critical cold-chain transport needs of life science organizations. CSafe configuration joins progressed compressors driven cooling advances with better protection than manage the payload temperature. In July 2019, Atlas coco dispatched a progression of five new progressed air compressors for the Indian market. The new arrangement incorporates a cylinder air blower, screw air blower, and site nitro generator to satisfy the changing modern need across India.

Compressor Rental Market Regional Insights:

Asia Pacific is Dominate the Compressor Rental Market Asia Pacific region held the largest market share in 2020 and is expected to propel the compressor rental market during the forecast period. China is the dominating market for compressor rental in the APAC region, due to the continuous growth of the chemical and mining industries in the country. Growth of the construction industry and general manufacturing industries in china is also expected to fuel the demand for compressor rental in the china, thereby contributing to the growth of the Asia-Pacific compressor rental market during the forecast period. The objective of the report is to present a comprehensive analysis of the Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Compressor Rental Market dynamics, structure by analyzing the market segments and project the Compressor Rental Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.

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Global Compressor Rental Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 4.03 Bn.
Forecast Period 2023 to 2027 CAGR: 6.5% Market Size in 2029: US $ 6.27 Bn.
Segments Covered: by Compressor Type Reciprocating Rotary Screw
by End-Use Industry Construction Mining Oil & Gas Power Manufacturing

Compressor Rental Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Compressor Rental Market Key Players

1.Atalas Copco Ltd. 2.Ingersoll-Rand plc. 3.Cisco Air Systems 4.Ar Brasil Compressors 5.United Rentals, Inc. 6.Kompresory PEMA 7.Coates Hire 8.Caterpillar 9.Hertz Equipment 10.Sunbelt Rentals 11.Acme Fabcon India Private Limited 12.Aggreko plc. 13.AirParts Compressores 14.ACME Fab-Con 15.Cramco 16.Ramirent 17.Ar Brasil Compressores Blueline Rental

Frequently Asked Questions:

1. Which region has the largest share in Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Market? Ans: The Market is growing at a CAGR of 6.5% during forecasting period 2023-2029. 3. What segments are covered in Market? Ans: Market is segmented into compressor type, end-use industry and region. 4. Who are the key players in Compressor Rental Market? Ans: The important key players in theMarket are – Atalas Copco Ltd., Ingersoll-Rand plc., Cisco Air Systems, Ar Brasil Compressors, United Rentals, Inc., Kompresory PEMA, Coates Hire, Caterpillar, Hertz Equipment, Sunbelt Rentals 5. What is the study period of this market? Ans: The Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Compressor Rental Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Compressor Rental Market 3.4. Geographical Snapshot of the Compressor Rental Market, By Manufacturer share 4. Compressor Rental Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Compressor Type s 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Compressor Rental Market 5. Supply Side and Demand Side Indicators 6. Compressor Rental Market Analysis and Forecast, 2022-2029 6.1. Compressor Rental Market Size & Y-o-Y Growth Analysis. 7. Compressor Rental Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 7.1.1. Reciprocating 7.1.2. Rotary Screw 7.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 7.2.1. Construction 7.2.2. Mining 7.2.3. Oil & Gas 7.2.4. Power 7.2.5. Manufacturing 8. Compressor Rental Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Compressor Rental Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 9.1.1. Reciprocating 9.1.2. Rotary Screw 9.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 9.2.1. Construction 9.2.2. Mining 9.2.3. Oil & Gas 9.2.4. Power 9.2.5. Manufacturing 10. North America Compressor Rental Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Compressor Rental Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 12. Canada Compressor Rental Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 13. Mexico Compressor Rental Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 14. Europe Compressor Rental Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 15. Europe Compressor Rental Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Compressor Rental Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 17. France Compressor Rental Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 18. Germany Compressor Rental Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 19. Italy Compressor Rental Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 20. Spain Compressor Rental Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 21. Sweden Compressor Rental Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 22. CIS Countries Compressor Rental Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 23. Rest of Europe Compressor Rental Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 24. Asia Pacific Compressor Rental Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 25. Asia Pacific Compressor Rental Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Compressor Rental Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 27. India Compressor Rental Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 28. Japan Compressor Rental Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 29. South Korea Compressor Rental Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 30. Australia Compressor Rental Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 31. ASEAN Compressor Rental Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 32. Rest of Asia Pacific Compressor Rental Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 33. Middle East Africa Compressor Rental Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 34. Middle East Africa Compressor Rental Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Compressor Rental Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 36. GCC Countries Compressor Rental Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 37. Egypt Compressor Rental Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 38. Nigeria Compressor Rental Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 39. Rest of ME&A Compressor Rental Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 40. South America Compressor Rental Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 41. South America Compressor Rental Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Compressor Rental Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 43. Argentina Compressor Rental Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 44. Rest of South America Compressor Rental Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Compressor Type , 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Compressor Rental Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Use Industrys and R&D Investment 45.2.2. New Compressor Type Launches and Compressor Type Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Atalas Copco Ltd. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Compressor Type Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Ingersoll-Rand plc. 45.3.3. Cisco Air Systems 45.3.4. Ar Brasil Compressors 45.3.5. United Rentals, Inc. 45.3.6. Kompresory PEMA 45.3.7. Coates Hire 45.3.8. Caterpillar 45.3.9. Hertz Equipment 45.3.10. Sunbelt Rentals 45.3.11. Acme Fabcon India Private Limited 45.3.12. Aggreko plc. 45.3.13. AirParts Compressores 45.3.14. ACME Fab-Con 45.3.15. Cramco 45.3.16. Ramirent 45.3.17. Ar Brasil Compressores Blueline Rental 45.3.18. Other Key Players 46. Primary Key Insights
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