Compressor Rental Market size was valued at US$ 4.29 Bn in 2023 and the total revenue is expected to grow at 6.5 % through 2024 to 2030, reaching nearly US$ 6.66 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 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.To know about the Research Methodology :- Request Free Sample Report
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 2024-2030. 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 2023 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.Compressor Rentals Industry Ecosystem
Compressor Rental Market Scope: Inquire before buying
Compressor Rental Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 4.29 Bn. Forecast Period 2024 to 2030 CAGR: 6.5% Market Size in 2030: USD 6.66 Bn. Segments Covered: by Compressor Type Reciprocating Rotary Screw Centrifugal Compressor Others by End-Use Industry Construction Mining Oil & Gas Utility Manufacturing Chemical Others 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 RentalFrequently Asked Questions:
1. Which region has the largest share in Market? Ans: Asia Pacific region holds the highest share in 2023. 2. What is the growth rate of Market? Ans: The Market is growing at a CAGR of 6.5% during forecasting period 2024-2030. 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 2023 to 2030.
1. Compressor Rentals Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Compressor Rentals Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Company Location 2.5.3. Product Segment 2.5.4. End-user Segment 2.5.5. Revenue (2023) 2.5.6. Growth Rate (Y-O-Y in %) 2.5.7. Key Development 2.5.8. Market Share 2.6. Industry Ecosystem Analysis 2.7. Market Structure 2.7.1. Market Leaders 2.7.2. Market Followers 2.7.3. Emerging Players 2.8. Consolidation of the Market 2.8.1. Strategic Initiatives and Developments 2.8.2. Mergers and Acquisitions 2.8.3. Collaborations and Partnerships 2.8.4. Product Launches and Innovations 3. Compressor Rentals Market: Dynamics 3.1. Compressor Rentals Market Trends 3.2. Compressor Rentals Market Dynamics 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Threat of New Entrants 3.3.2. Threat of Substitutes 3.3.3. Bargaining Power of Suppliers 3.3.4. Bargaining Power of Buyers 3.3.5. Intensity of Competitive Rivalry 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.6. Technology Analysis 3.7. Regulatory Landscape 3.7.1. Tariffs Related to the Compressor Rentals Market 3.7.2. Regulatory Bodies, Government Agencies, and other organizations 3.8. Trends/Disruptions Impacting Customer Business 4. Compressor Rentals Market: Global Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 4.1. Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 4.1.1. Reciprocating 4.1.2. Rotary Screw 4.1.3. Centrifugal Compressor 4.1.4. Others 4.2. Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 4.2.1. Construction 4.2.2. Mining 4.2.3. Oil & Gas 4.2.4. Utility 4.2.5. Manufacturing 4.2.6. Chemical 4.2.7. Others 4.3. Compressor Rentals Market Size and Forecast, by Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Compressor Rentals Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 5.1. North America Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 5.1.1. Reciprocating 5.1.2. Rotary Screw 5.1.3. Centrifugal Compressor 5.1.4. Others 5.2. North America Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 5.2.1. Construction 5.2.2. Mining 5.2.3. Oil & Gas 5.2.4. Utility 5.2.5. Manufacturing 5.2.6. Chemical 5.2.7. Others 5.3. North America Compressor Rentals Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 5.3.1.1.1. Reciprocating 5.3.1.1.2. Rotary Screw 5.3.1.1.3. Centrifugal Compressor 5.3.1.1.4. Others 5.3.1.2. United States Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 5.3.1.2.1. Construction 5.3.1.2.2. Mining 5.3.1.2.3. Oil & Gas 5.3.1.2.4. Utility 5.3.1.2.5. Manufacturing 5.3.1.2.6. Chemical 5.3.1.2.7. Others 5.3.2. Canada 5.3.2.1. Canada Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 5.3.2.1.1. Reciprocating 5.3.2.1.2. Rotary Screw 5.3.2.1.3. Centrifugal Compressor 5.3.2.1.4. Others 5.3.2.2. Canada Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 5.3.2.2.1. Construction 5.3.2.2.2. Mining 5.3.2.2.3. Oil & Gas 5.3.2.2.4. Utility 5.3.2.2.5. Manufacturing 5.3.2.2.6. Chemical 5.3.2.2.7. Others 5.3.3. Mexico 5.3.3.1. Mexico Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 5.3.3.1.1. Reciprocating 5.3.3.1.2. Rotary Screw 5.3.3.1.3. Centrifugal Compressor 5.3.3.1.4. Others 5.3.3.2. Mexico Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 5.3.3.2.1. Construction 5.3.3.2.2. Mining 5.3.3.2.3. Oil & Gas 5.3.3.2.4. Utility 5.3.3.2.5. Manufacturing 5.3.3.2.6. Chemical 5.3.3.2.7. Others 6. Europe Compressor Rentals Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 6.1. Europe Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.2. Europe Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3. Europe Compressor Rentals Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.1.2. United Kingdom Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.2. France 6.3.2.1. France Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.2.2. France Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.3.2. Germany Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.4.2. Italy Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.5.2. Spain Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.6.2. Sweden Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.7.2. Austria Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 6.3.8.2. Rest of Europe Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7. Asia Pacific Compressor Rentals Market Size and Forecast by Segmentation (by Value in USD Billion ) (2023-2030) 7.1. Asia Pacific Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.2. Asia Pacific Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3. Asia Pacific Compressor Rentals Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.1.2. China Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.2.2. S Korea Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.3.2. Japan Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.4. India 7.3.4.1. India Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.4.2. India Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.4.3. India Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.5.2. Australia Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.6. ASEAN 7.3.6.1. ASEAN Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.6.2. ASEAN Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 7.3.7. Rest of Asia Pacific 7.3.7.1. Rest of Asia Pacific Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 7.3.7.2. Rest of Asia Pacific Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 8. Middle East and Africa Compressor Rentals Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030) 8.1. Middle East and Africa Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 8.2. Middle East and Africa Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 8.3. Middle East and Africa Compressor Rentals Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 8.3.1.2. South Africa Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 8.3.2. GCC 8.3.2.1. GCC Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 8.3.2.2. GCC Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 8.3.3. Rest of ME&A 8.3.3.1. Rest of ME&A Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 8.3.3.2. Rest of ME&A Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 9. South America Compressor Rentals Market Size and Forecast by Segmentation (by Value in USD Billion) (2023-2030 9.1. South America Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 9.2. South America Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 9.3. South America Compressor Rentals Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 9.3.1.2. Brazil Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 9.3.2.2. Argentina Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest Of South America Compressor Rentals Market Size and Forecast, by Compressor Type (2023-2030) 9.3.3.2. Rest Of South America Compressor Rentals Market Size and Forecast, by End-User (2023-2030) 10. Company Profile: Key Players 10.1. Atlas Copco Ltd. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Ingersoll-Rand plc. 10.3. Cisco Air Systems 10.4. Ar Brasil Compressors 10.5. United Rentals, Inc. 10.6. Kompresory PEMA 10.7. Coates Hire 10.8. Caterpillar 10.9. Hertz Equipment 10.10. Sunbelt Rentals 10.11. Acme Fabcon India Private Limited 10.12. Aggreko plc. 10.13. AirParts Compressores 10.14. ACME Fab-Con 10.15. Cramco 10.16. Ramirent 10.17. Ar Brasil Compressores Blueline Rental 11. Key Findings & Analyst Recommendations 12. Global Compressor Rentals Market: Research Methodology 12.1. Top Down Approach 12.2. Bottom Up Approach
