Rental Compressors & Blowers Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The global Rental Compressors & Blowers Market size was estimated at USD 5.0 billion in 2023 and is projected to reach USD 7.7 billion in 2030 at a CAGR of 6.4% during the forecast period 2024-2030.
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The Compressor and Blowers rental market is poised for significant growth from 2023 to 2030, driven by global trends in infrastructure development and industrialization. This growth is particularly fueled by the expansion of the construction industry worldwide, supported by initiatives in infrastructure development, urbanization projects, and investments across residential, commercial, and industrial sectors.
This has led to a rising demand for rental Compressor and Blowers among construction companies and contractors. Renting Compressor and Blowers provides a cost-effective and flexible solution, allowing businesses to access the latest Compressor and Blowers technology without the upfront capital investment and maintenance costs associated with ownership.
North America to Dominate the Market
North America leads the global compressor rental market with a robust presence of major industry players and increasing demand for compressed air across infrastructure and construction projects. The region benefits from advanced technological capabilities and stringent environmental regulations, driving the adoption of efficient compressor solutions.
Competitive Landscape
· ELGi
· Atlas Copco AB
· Ingersoll Rand
· The Hertz Corporation
· United Rental, Inc
· Ashtead Group
· AKTIO Corporation
· Loxam
· Aggreko
· Ar Brasil Compressores
· Caterpillar
· Cisco Air Systems
· J Pen Medical
· Sullivan-Palatek Inc
· KWIPPED, Inc
· Aditya Air Products and More
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Recent Developments
In June 2023, Atlas Copco completed the acquisition of National Pump & Energy (NPE), a prominent company specializing in dewatering, environmental services, and water treatment solutions across Australia and New Zealand.
In November 2021, Ingersoll Rand successfully acquired Dosatron International L.L.C, a well-known supplier specializing in water-powered dosing pumps and systems. This strategic acquisition bolsters Ingersoll Rand's presence in the market for water-powered dosing pumps and systems.
The Rental Compressors & Blowers Market is segmented into various segments such as Product, Type, Drive Type, Lubrication System, End-Use, and Region:
Based on Product
· Compressors
· Blowers
Based on the Type
· Rotary Screw
· Reciprocating
· Positive Displacement Blowers
· Centrifugal Blowers
Based on the Drive Type
· Electric Driven Compressor
· Gas Driven Compressor
· Engine Driven Compressor
· Hydraulic Driven Compressor
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