DUBLIN, Nov. 13, 2020 /PRNewswire/ -- The "Compressor Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
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, the global compressor rental market to continue its moderate growth during the next five years.
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?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
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
7 Market Breakup by Compressor Type
7.1 Air Compressor
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Gas Compressor
8 Market Breakup by End Use Industry
8.1.1 Market Trends
8.1.2 Market Forecast
8.3 Oil and Gas
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
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
Acme Fabcon India Private Limited
Ar Brasil Compressores Ltda
Ashtead Group Plc
Atlas Copco AB
Herc Rentals Inc.
Ingersoll-Rand US Trane Holdings Corporation (Trane Technologies Plc)
Ramirent Finland Oy (Loxam)
United Rentals Inc.
For more information about this report visit https://www.researchandmarkets.com/r/96pgmb
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