Compressor Rental Market Along with Key Drivers,Business Insights by 2026

Posted by Robin White on August 6th, 2019

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 – 2015

•          Estimated Year – 2016

•          Projected Year – 2026

•          Forecast Period – 2016 to 2021 (mid-term) and 2016 to 2026 (long-term)

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For the companies profiled in the report on the compressor rental market, 2015 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.

 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 region
•          To 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 market
•          To strategically analyze  micromarkets with respect to individual growth trends, future prospects, and contributions made to the compressor rental  market
•          To analyze  opportunities in the compressor rental market for stakeholders and draw a competitive landscape of the market
•          To 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 America
•          To strategically profile key players operating in the compressor rental market and comprehensively analyze their core competencies
•          To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product launches, and research & development activities (R&D) 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. The breakdown of profiles of primaries is depicted in the figure below.

The compressor rental market has a diversified ecosystem of key players, including component suppliers, along with stakeholders, vendors, end users, and government organizations. Companies operating in the compressor rental market include Atlas Copco, Ingersoll Rand, United Rentals, Inc., Caterpillar Inc., Hertz Equipment Rental Corporation, and Aggreko plc., among others.

Target Audience

•          Compressor Manufacturers
•          Traders, Suppliers, and Distributors of Compressor Rentals
•          Government and Research Organizations
•          Association and Industrial Bodies
•          Suppliers and Distributors of Raw Materials
•          Shipping Companies
•          Industry Associations

Scope of the Report: This research report categorizes the compressor rental market on the basis of end-use industry, compressor type, and region. It forecasts revenues as well as analyzes trends in each of these submarkets.

Compressor Rental Market, by End-Use Industry:

•          Construction
•          Mining
•          Oil & Gas
•          Power
•          Manufacturing
•          Chemical
•          Others

Compressor Rental Market, by Compressor Type:

•          Rotary Screw
•          Reciprocating

Compressor Rental Market, by Region:

•          Asia-Pacific
•          Europe
•          North America
•          Middle East & Africa
•          South America