The Compressor Rental Market was estimated at USD 4.47 billion in 2023 and is expected to reach USD 7.64 billion by 2032, with a growing CAGR of 6.14% over the forecast period 2024-2032. This report offers unique insights into operational efficiency and utilization trends in the Compressor Rental Market, focusing on industry-specific utilization rates and regional rental duration patterns. It analyzes maintenance and downtime metrics, highlighting efficiency challenges and service optimization. The study explores technological advancements, including IoT-enabled monitoring and energy-efficient compressors shaping the rental landscape. Additionally, global trade trends provide a macroeconomic perspective on rental compressor demand. To enhance uniqueness, the report includes insights on the impact of sustainability initiatives on compressor rentals and the rising demand for hybrid/electric rental compressors in response to stricter emission regulations.
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Drivers
The compressor rental market is growing rapidly due to rising construction activities, increasing urbanization, and the adoption of energy-efficient and IoT-enabled solutions.
The compressor rental market is experiencing significant growth, driven by the increasing demand from the construction industry. The demand for compressed air solutions has grown as infrastructure projects continue to increase worldwide from residential, commercial, and industrial development. Air compressors are prominent in construction activities to drive pneumatic tools, spray concrete, and etc. Contractors renting compressors gain flexibility and cost savings easy access to advanced equipment without the need for heavy capital investment. Urbanization, especially in Asia-pacific and the middle east, and smart city projects will also drive demand in emerging economies. Sustainable and energy-efficient compressors are being adopted, in line with growing strict environmental rules. Moreover, the trend of IoT-based rental solutions minimizes operational downtime and increases real-time insights thereby making rental air compressors more appealing. The increase in construction activity will lead to steady growth in the compressor rental industry and lucrative opportunities for service providers.
Restraint
Although renting compressors reduces upfront costs, high maintenance, energy consumption, and operational expenses can still make it a costly option.
While renting compressors eliminates the need for large upfront investments, maintenance and operational costs remain a significant concern. And the multi-facility rental companies must ensure that each compressor gets regular maintenance and servicing as well as meets safety and environmental standards, which raises the operations costs. In addition, since compressors are power-intensive equipment, energy consumption is a leading contributor, with high electricity or fuel costs contributing to the overall cost. Frequent breakdowns, or performance inefficiencies, might even prompt rapid repairs, or replacements, adding additional costs. Additional to this, rental agreements commonly encompass insurance, transportation and assembly charges; further centering in on cost outlay. In certain industries, where the compressor is in constant or periodic use over an extended period, cumulative rental and servicing costs can sometimes exceed the cost of ownership. Focus on Cost Effective Solutions: Companies should consider rental plans, energy-efficient models, and predictive maintenance plans, which will help in reducing operational costs while still maintaining up-time. However, despite these costs, renting is a perfectly qualifying solution for companies looking for flexibility and to avoid capital expenditures and fixed overheads.
Opportunities
Rapid industrialization, urbanization, and infrastructure growth in Asia-Pacific and Africa are driving the demand for rental compressors.
The expansion of the compressor rental market in emerging regions, particularly Asia-Pacific and Africa, is driven by rapid industrialization and urbanization. As a result of this, these areas are especially undergoing more infrastructure developments, manufacturing activities, energy projects, and so on that require easy access to compressed air solutions. The majority of companies in these markets use compressors, albeit on a rental rather than a purchase basis, as this requires lower initial expenditures and fewer maintenance responsibilities. Moreover, government initiatives promoting industrial growth and the rise of foreign investments in construction, mining, and oil & gas sectors are also driving demand for rental of compressors. The growing number of smart cities and megastructures, particularly in India, China and South Africa, has also bolstered market opportunities. Stock image and stock photo may combine to be available in stock market However, challenges such as inconsistent regulatory frameworks and lack of awareness among small businesses may hinder growth. Due to this, the demand in emerging markets for affordable and flexible air compression solutions makes these areas significant growth markets for compressor rental.
Challenges
Limited awareness among SMEs about the cost-saving and flexible benefits of compressor rentals hinders market penetration.
Many small and medium-sized enterprises (SMEs) lack awareness of the advantages of compressor rentals, limiting market penetration. In developing regions, many businesses still choose to buy compressors, believing it is a more economical long-term investment. However, you also need to consider elements like maintenance costs, depreciation, and how rentals allow for flexibility. This is also due to limited access to information and a failure of rental service providers to actively promote their services. When deep on the investment side, SMEs who are operating on a shoestring may not have delved into the vast pool of ownership and rental options available, thinking that renting will be more expensive or just not available to them. In addition, rental companies are not engaging in targeted marketing campaigns or educational initiatives, leading to low adoption rates. Addressing this gap needs more awareness programs, forming strategic partnerships, and developing customized rental solutions for SMEs. As such, the compressor rental market could grow further by overcoming these challenges to reach small enterprises with lower-priced offerings.
By End-Use Industry
The construction segment dominated with a market share of over 32% in 2023, owing to the extensive use of compressed air for a wide range of applications which includes road construction, tunneling, concrete spraying, and demolition. Large construction projects, for example, need a temporary yet efficient compressed air solution, so in general, it is more cost beneficial to rent a compressor rather than buy one. Construction operations are usually in remote or temporary sites, so permanent compressors are not practical. The growing emphasis on smart cities and urbanization alongside infrastructure development accelerates compressor rentals. To reduce maintenance cost and the flexibility of operations, contractors and construction firms prefer rental options. The expanding usage of green and energy-efficient compressors further plays a role in increasing the dependence of the construction industry on rental solutions.
By compressor type
The Rotary Screw segment dominated with a market share of over 68% in 2023, due to its superior efficiency, reliability, and ability to deliver a continuous supply of compressed air. They are extensively utilized in construction, manufacturing, oil & gas, and mining sectors, where a steady stream of high-volume airflow is essential. Low maintenance requirements, energy efficiency, and operation for an extended period without overheating have made them a popular choice for large scale industrial application. New developments in rotor screws, such as their energy-saving models with variable-speed drives, have also solidified the market leaders. In recent years, as industries are becoming more focused on productivity and value for money, the rental market for rotary screw compressors is also continuously increasing.
The Asia-Pacific region dominated with a market share of over 38% in 2023, due to its rapid industrial growth, urbanization, and large-scale infrastructure projects in countries like China, India, and Japan. Increasing construction, manufacturing and oil & gas sectors to drive demand for rental compressors due to their cost and flexibility advantage over purchased of compressors. Moreover, government initiatives encouraging industrialization coupled with the implementation of energy-efficient equipment is further anticipated to fuel the market growth. The preference for renting over purchasing, particularly among cost-conscious businesses, bolsters the region’s dominance in the market. The increasing foreign investment and technological advancement in compressed air solutions are likely to drive the growth of the APAC compressor rental market even further.
North America is witnessing significant growth, driven by the increasing demand from industries such as oil & gas, construction, mining, and power generation. The growing demand for shale gas exploration, as well as offshore drilling activities, especially in North America, is anticipated to further drive the demand for high-performance rental compressors. Moreover, the increasing number of infrastructure projects and tight environmental regulations favoring energy-saving solutions are accelerating the uptake of advanced rental compressors. Also, renting solutions are preferred over capital investments, and technological advancements making compressors more efficient and durable add to the growth of the market as well. North America is one of the rapidly growing compressor rental markets globally, owing to the cost-effectiveness and operational flexibility offered.
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Some of the major key players in the Compressor Rental Market
Atlas Copco (Rotary Screw Compressors, Oil-Free Air Compressors)
United Rentals, Inc. (Portable Air Compressors, High-Pressure Compressors)
Ingersoll Rand (Electric & Diesel Air Compressors, Reciprocating Compressors)
Caterpillar Inc. (Diesel-Powered Compressors, Portable Compressors)
Hertz Equipment Rental Corporation (Industrial Air Compressors, Towable Compressors)
Ashtead Group Plc (High-Pressure Compressors, Air Boosters)
H&E Equipment Services (Rotary Screw Compressors, Oil-Free Compressors)
Loxam Group (Portable Compressors, High-Capacity Air Compressors)
HSS Hire (Electric & Diesel Air Compressors, Silent Compressors)
Aggreko (Oil-Free Air Compressors, Modular Air Systems)
Sunbelt Rentals (Towable Compressors, High-Pressure Compressors)
Boels Rental (Electric Compressors, Industrial Air Compressors)
Blueline Rental (Portable Air Compressors, Diesel Compressors)
Aerzen Rental (Oil-Free Screw Compressors, Turbo Compressors)
Sullair (Rotary Screw Air Compressors, High-Capacity Compressors)
Kaeser Kompressoren (Industrial Air Compressors, Blowers)
Doosan Portable Power (Portable Air Compressors, High-Pressure Air Compressors)
ELGi Compressors (Rotary Screw Air Compressors, Oil-Free Compressors)
Quincy Compressor (Reciprocating Air Compressors, Rotary Screw Compressors)
BAUER Compressors (Breathing Air Compressors, High-Pressure Compressors)
Suppliers for (High-quality oil-free and oil-lubricated air compressors for various industries) on Compressor Rental Market
Atlas Copco Specialty Rental
Modern Energy Rental
Shiv Shakti Air Compresso
Aggreko
Shaktiman Equipments
Kirloskar Pneumatic Company Limited
ELGi Equipments Limited
Ingersoll Rand
Sullair
Doosan Portable Power
Recent Development
In July 2024: Atlas Copco launched the X-Aira 1200-40, an advanced addition to its DrillAir range. This portable air compressor is specifically designed for deep drilling applications, offering enhanced efficiency with a lower carbon footprint.
In June 2023: Atlas Copco successfully completed the acquisition of National Pump & Energy (NPE), a key provider of dewatering, environmental services, and water treatment solutions across Australia and New Zealand.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 4.47 Billion |
Market Size by 2032 | USD 7.64 Billion |
CAGR | CAGR of 6.14% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By end-use industry (Construction, Mining, Oil & Gas, Power, Manufacturing, Chemical) • By compressor type (Rotary Screw, Reciprocating) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Atlas Copco, United Rentals, Inc., Ingersoll Rand, Caterpillar Inc., Hertz Equipment Rental Corporation, Ashtead Group Plc, H&E Equipment Services, Loxam Group, HSS Hire, Aggreko, Sunbelt Rentals, Boels Rental, Blueline Rental, Aerzen Rental, Sullair, Kaeser Kompressoren, Doosan Portable Power, ELGi Compressors, Quincy Compressor, BAUER Compressors. |
Ans: The Compressor Rental Market is expected to grow at a CAGR of 6.14% during 2024-2032.
Ans: The Compressor Rental Market was USD 4.47 billion in 2023 and is expected to reach USD 7.64 billion by 2032.
Ans: The compressor rental market is growing rapidly due to rising construction activities, increasing urbanization, and the adoption of energy-efficient and IoT-enabled solutions.
Ans: The “construction” segment dominated the Compressor Rental Market.
Ans: Asia-Pacific dominated the Compressor Rental Market in 2023.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Utilization Rates of Rented Compressors, by Industry (2020-2023)
5.2 Average Rental Duration & Frequency, by Region
5.3 Maintenance & Downtime Metrics for Rental Compressors
5.4 Technological Adoption in Rental Compressors
5.5 Export/Import Data for Rental Compressors, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Compressor Rental Market Segmentation, By end-use industry
7.1 Chapter Overview
7.2 Construction
7.2.1 Construction Market Trends Analysis (2020-2032)
7.2.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Mining
7.3.1 Mining Market Trends Analysis (2020-2032)
7.3.2 Mining market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Oil & Gas
7.4.1 Oil & Gas Market Trends Analysis (2020-2032)
7.4.2 Oil & Gas market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Power
7.5.1 Power Market Trends Analysis (2020-2032)
7.5.2 Power market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Manufacturing
7.6.1 Manufacturing Market Trends Analysis (2020-2032)
7.6.2 Manufacturing market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Chemical
7.7.1 Chemical Market Trends Analysis (2020-2032)
7.7.2 Chemical market Size Estimates and Forecasts to 2032 (USD Billion)
8. Compressor Rental Market Segmentation, By compressor type
8.1 Chapter Overview
8.2 Rotary Screw
8.2.1 Rotary Screw Market Trends Analysis (2020-2032)
8.2.2 Rotary Screw Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Reciprocating
8.3.1 Reciprocating Market Trends Analysis (2020-2032)
8.3.2 Reciprocating Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.2.4 North America Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.2.5.2 USA Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.2.6.2 Canada Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.2.7.2 Mexico Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.1.5.2 Poland Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.1.6.2 Romania Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.4 Western Europe Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.5.2 Germany Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.6.2 France Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.7.2 UK Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.8.2 Italy Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.9.2 Spain Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.12.2 Austria Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.4 Asia Pacific Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.5.2 China Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.5.2 India Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.5.2 Japan Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.6.2 South Korea Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.2.7.2 Vietnam Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.8.2 Singapore Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.9.2 Australia Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.1.4 Middle East Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.1.5.2 UAE Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.2.4 Africa Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Compressor Rental Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.6.4 Latin America Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.6.5.2 Brazil Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.6.6.2 Argentina Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.6.7.2 Colombia Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Compressor Rental Market Estimates and Forecasts, By end-use industry (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Compressor Rental Market Estimates and Forecasts, By compressor type (2020-2032) (USD Billion)
10. Company Profiles
10.1 Atlas Copco
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 United Rentals, Inc.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Ingersoll Rand
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Caterpillar Inc.
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Hertz Equipment Rental Corporation
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Ashtead Group Plc
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 H&E Equipment Services
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Loxam Group
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 HSS Hire
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Aggreko
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segmentation
By End-Use Industry
Construction
Mining
Oil & Gas
Power
Manufacturing
Chemical
By Compressor Type
Rotary Screw
Reciprocating
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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