Compressor Rental Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Report Code: ZMR-3333 | Report Format : | Status : Upcoming |

Abstract

Global Compressor Rental Market: Overview

The compressor is a mechanical device that reduces the volume and increases the pressure of the gas. The compressors are mostly used in construction, oil and gas, mining, power, and other industries. The compressor rental market is expanding due to industrialization and infrastructure development. Increasing demand for compressor rental in the construction sector will proliferate the demand of this market.

Global Compressor Rental Market: Growth Factors

The drivers leading to the growth of compressor rental market are the technological advancement in the compressor. The development of compressors in various designs to meet the needs and demands of the end-users are helping to increase the demand of the market. The compressors are mostly used in industries and for domestic purposes. It also helps in the transfer of air in various industries such as chemical plants, foods, and beverages, oil extraction, transport, and automobile. The major restraining factor of compressor rental market is the high maintenance cost and the emission of harmful air which contaminates the atmosphere and the noise produced by it.

Global Compressor Rental Market: Segmentation 

The compressor rental market has been bifurcated by the end user, type, and region. On the basis of the end user, it is divided into construction, mining, oil, and gas and power. By type, the market is divided into the reciprocating and rotary screw. On the basis of region, the market is classified as North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

Global Compressor Rental Market: Regional Analysis

Asia- Pacific dominates the market for compressor rental market due to increasing infrastructure and industrialization. Countries such as India, Indonesia, and Thailand are leading to the growth of the compressor rental market as many firms rent out compressor instead of purchasing it. North America and Europe are a mature market for compressor rental market and expected to grow at a decent pace during the forecast period. Latin America is also expected to grow owing to the development of mining and construction industries. 

Global Compressor Rental Market: Competitive Analysis

Some of the major players include in compressor rental market are Caterpillar, Atlas Copco, Aggreko, Sunbelt Rentals, United Rentals, and Hertz Equipment. Others are AirParts Compressores, ACME Fab-Con, Cramco, Ramirent, and Ar Brasil Compressores Blueline Rental and many others. 

Global Compressor Rental Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 


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