Market Overview:
The global compressor rental market grew at a CAGR of around 6% during 2014-2019. A compressor is a compact and noise-free device used to increase the pressure of a gas by decreasing its volume. It finds applications in the various sectors including mining, construction, power, manufacturing, chemical and oil and gas. In recent years, compressor rental services have emerged as a preferred option among end users as compared to installing the new devices, as compressor rental provides the advantage of saving capital expenses while keeping production operations smooth and consistent.
The increasing application of compressors in piling, blasting, concrete spraying, and operating pneumatic tools in the construction sector represents one of the key factors bolstering the market growth. Moreover, the rising mining activities on account of the escalating demand for precious metals, such as gold, silver and platinum, is spurring the growth of the market. Furthermore, the leading players are introducing advanced energy efficient compressors with variable speed drives, which is acting as another growth-inducing factor. The increasing demand of customized compressor rental solutions across construction, healthcare and oil & gas industries is also augmenting the market growth as these systems reduce additional repair costs resulting from system breakdowns and thus are cost-efficient. Besides this, as these compressors are also used in the air filtration systems, emergency mattresses, service carts and wheelchairs inside the hospitals, the demand for rental services is anticipated to escalate in the healthcare sector in the upcoming years. Looking forward, IMARC Group expects the global compressor rental market to continue its moderate growth during the next five years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global compressor rental market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, technology type, compressor type and end use industry.
Breakup by Technology Type:
- Rotary Screw
- Reciprocating
- Centrifugal
Breakup by Compressor Type:
- Air Compressor
- Gas Compressor
Breakup by End Use Industry:
- Construction
- Mining
- Oil and Gas
- Power
- Manufacturing
- Chemical
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Acme Fabcon India Private Limited, Aggreko Plc, Ar Brasil Compressores Ltda, Ashtead Group Plc, Atlas Copco AB, Caterpillar Inc., Herc Rentals Inc., Ingersoll-Rand US Trane Holdings Corporation (Trane Technologies Plc), Ramirent Finland Oy (Loxam) and United Rentals Inc.
Key Questions Answered in This Report:
- How has the global compressor rental market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global compressor rental market?
- What are the key regional markets?
- What is the breakup of the market based on the technology type?
- What is the breakup of the market based on the compressor type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global compressor rental market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Compressor Rental Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology Type
6.1 Rotary Screw
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Reciprocating
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Centrifugal
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Compressor Type
7.1 Air Compressor
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Gas Compressor
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Mining
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Oil and Gas
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Power
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Manufacturing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Chemical
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Acme Fabcon India Private Limited
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Aggreko Plc
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Ar Brasil Compressores Ltda
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Ashtead Group Plc
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Atlas Copco AB
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Caterpillar Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Herc Rentals Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Ingersoll-Rand US Trane Holdings Corporation (Trane Technologies plc)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Ramirent Finland Oy (Loxam)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 United Rentals Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Compressor Rental Market: Major Drivers and Challenges
Figure 2: Global: Compressor Rental Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Compressor Rental Market: Breakup by Technology Type (in %), 2019
Figure 4: Global: Compressor Rental Market: Breakup by Compressor Type (in %), 2019
Figure 5: Global: Compressor Rental Market: Breakup by End Use Industry (in %), 2019
Figure 6: Global: Compressor Rental Market: Breakup by Region (in %), 2019
Figure 7: Global: Compressor Rental Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Compressor Rental (Rotary Screw) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Compressor Rental (Rotary Screw) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Compressor Rental (Reciprocating) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Compressor Rental (Reciprocating) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Compressor Rental (Centrifugal) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Compressor Rental (Centrifugal) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Compressor Rental (Air Compressor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Compressor Rental (Air Compressor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Compressor Rental (Gas Compressor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Compressor Rental (Gas Compressor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Compressor Rental (Construction) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Compressor Rental (Construction) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Compressor Rental (Mining) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Compressor Rental (Mining) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Compressor Rental (Oil and Gas) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Compressor Rental (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Compressor Rental (Power) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Compressor Rental (Power) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Compressor Rental (Manufacturing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Compressor Rental (Manufacturing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Compressor Rental (Chemical) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Compressor Rental (Chemical) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Compressor Rental (Other End Use Industries) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Compressor Rental (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: North America: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: North America: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: United States: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: United States: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Canada: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Canada: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Asia Pacific: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Asia Pacific: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: China: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: China: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Japan: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Japan: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: India: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: India: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: South Korea: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: South Korea: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Australia: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Australia: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Indonesia: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Indonesia: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Others: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Others: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Europe: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Europe: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Germany: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Germany: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: France: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: France: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: United Kingdom: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: United Kingdom: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Italy: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Italy: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Spain: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Spain: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Russia: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Russia: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Others: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Others: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Latin America: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Latin America: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Brazil: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Brazil: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Mexico: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Mexico: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Others: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Others: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Middle East and Africa: Compressor Rental Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Middle East and Africa: Compressor Rental Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Global: Compressor Rental Industry: SWOT Analysis
Figure 81: Global: Compressor Rental Industry: Value Chain Analysis
Figure 82: Global: Compressor Rental Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Compressor Rental Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Compressor Rental Market Forecast: Breakup by Technology Type (in Million US$), 2020-2025
Table 3: Global: Compressor Rental Market Forecast: Breakup by Compressor Type (in Million US$), 2020-2025
Table 4: Global: Compressor Rental Market Forecast: Breakup by End Use Industry (in Million US$), 2020-2025
Table 5: Global: Compressor Rental Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Compressor Rental Market Structure
Table 7: Global: Compressor Rental Market: Key Players