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Renting compressors can offer operators additional advantages, including decreased equipment maintenance expenses, the flexibility to customise air compressor performance according to specific processing requirements, and lower capital investments. As a result, the use of compressors, particularly air compressors, in the oil and gas sector to ensure proper operating conditions, is rising.
Furthermore, compressor rental providers are offering value-added services, including equipment transport, re-rental options, fleet management, on-site services and more to enhance customer experiences. With the growing trend of sustainability, the use of rental compressors powered by electricity is anticipated to increase.
Compressor Rental Market Trends
Compressor Rental Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Compressor Rental Market Analysis
8.1 Key Industry Highlights
8.2 Global Compressor Rental Historical Market (2018-2023)
8.3 Global Compressor Rental Market Forecast (2024-2032)
8.4 Global Compressor Rental Market by Type
8.4.1 Centrifugal
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Reciprocating
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Rotary Screw
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Compressor Rental Market by Compressor Type
8.5.1 Air Compressor
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Gas Compressor
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Compressor Rental Market by End Use
8.6.1 Mining and Construction
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Oil and Gas
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Utility
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Chemical
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Manufacturing
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.7 Global Compressor Rental Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Compressor Rental Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Compressor Rental Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.1 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Compressor Rental Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Compressor Rental Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Compressor Rental Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Turkey
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Iran
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Aggreko Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Atlas Copco AB
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ingersoll Rand Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Caterpillar Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Herc Rentals Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Compressor Rental Market: Key Industry Highlights, 2018 and 2032
2. Global Compressor Rental Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Compressor Rental Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Compressor Rental Historical Market: Breakup by Compressor Type (USD Billion), 2018-2023
5. Global Compressor Rental Market Forecast: Breakup by Compressor Type (USD Billion), 2024-2032
6. Global Compressor Rental Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Compressor Rental Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Compressor Rental Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Compressor Rental Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Compressor Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Compressor Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Compressor Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Compressor Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Compressor Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Compressor Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Compressor Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Compressor Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Compressor Rental Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Compressor Rental Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Compressor Rental Market Structure
In 2023, the market value was approximately USD 4.47 billion.
The market is projected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 6.64 billion by 2032.
The major drivers include the cost-efficiency offered by compressor renting and growing energy demand.
The key trends include the rising application of portable air compressors and the growing demand for customised compressors.
The different types of compressor rental include centrifugal, reciprocating, and rotary screw.
The major end uses of compressor rental include mining and construction, oil and gas, utility, chemical and manufacturing.
The major players in the market include Aggreko Ltd, Atlas Copco AB, Ingersoll Rand Inc., Caterpillar Inc., and Herc Rentals Inc.
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