Multiple R&D Projects in the Pipeline to Boost the Growth of the Compressor Rental Market 2017 – 2025

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Global Compressor Rental Market Report 2019 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Compressor Rental industry.

The report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.

There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.

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For competitor segment, the report includes global key players of Compressor Rental as well as some small players.

segmentation. The leading market players are analyzed in terms of their market shares, product portfolios, and business strategies.

Global Compressor Rental Market: Drivers and Restraints

With the development of designs of compressors, more efficiency has been attained so as to meet the demands of various end-users. Some of the compressors being portable, are extensively used in industrial and domestic activities, benefitting the growth of the global compressor rental market. Technological advancement in the field of compressors is expected to boost the adoption rate of compressors. One example is that of air compressors. Traditional air compressors are run at full speed, and have to be stopped when they reach the right pressure. Then, the compressed air is stored to allow pressure hysteresis. As this is a wasteful practice, technological upgrades in air compressors have been carried out to control speed, thereby saving energy, and contributing toward market growth. Air compressors facilitate transfer of air in several industries such as chemical plants, oil extraction, food and beverage, automobiles, and transport. This is expected to expand the global compressor rental market.

On the other hand, factors such as high maintenance costs and the contamination of air caused by oil lubrication are expected to limit growth. Also, oil-free compressors can be noisy, and thus can restrict demand for them.

Global Compressor Rental Market: Key Segments

The compressor rental market can be segmented based on end user, technology, types, and geography. On the basis of their design and function, compressors can be divided into centrifugal compressors and positive displacement compressors. In terms of end user, the market for compressor rentals was dominated by the construction segment. The construction segment gained prominence because the execution of construction and building activities such as blasting, piling, spraying, and operating pneumatic tools require portable air compressors.

Oil-free air compressors have been growing popular recently as they supply non-contaminated air. The portable air compressors, on account of the convenience they offer, are high in demand in off-site operations. The key end-user segments for air compressors can be industrial, commercial, and residential. Industrial air compressors are similar to commercial air compressors; only they are more powerful and bigger in size and volume. Commercial level air compressors are not very portable when compared to residential ones, but they are certainly more powerful. They can run for a long time without a refill. On the residential level, air compressors are used to spray paint, fill air in balloons, balls, and tires. These functions are generally conducted with electric air compressors, which are ideal for domestic purposes. As the demand for air compressors in all these sectors increases, the compressor rental market is slated to present significant opportunities.

Global Compressor Rental Market: Regional Outlook

According to geography, the key segments can be Asia Pacific, Latin America, North America, Europe, and EMEA. The region of Asia Pacific has been exhibiting substantial growth, thanks to the presence of a number of capital-intensive companies that are inclined towards renting compressors instead of buying them. Large- scale construction projects in the countries of Asia Pacific, such as China, Thailand, and India, will further fuel compressor rental market growth.

Global Compressor Rental Market: Vendor Landscape

Some of the key players operating in the global compressor rental market include Caterpillar Inc., Ingersoll Rand, Atlas Copco, Aggreko plc, and United Rentals, Inc. One key development in the competitive landscape is the launch of new GA VSD+ oil-injected, compact, rotary screw compressors by Atlas Copco in 2013. These air compressors are designed to cut energy consumption to half the amount required by traditional compressors of similar type. The leading companies in the global compressor rental market have been emphasizing on better product offerings through increased investments in R&D activities.

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Important Key questions answered in Compressor Rental market report:

What will the market growth rate, Overview, and Analysis by Type of Compressor Rental in 2024?

What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Compressor Rental market?

What is Dynamics, This Overview Includes Analysis of Scope and price analysis of top Manufacturers Profiles?

Who Are Opportunities, Risk and Driving Force of Compressor Rental market? Knows Upstream Raw Materials Sourcing and Downstream Buyers.

Who are the key manufacturers in space? Business Overview by Type, Applications, Gross Margin, and Market Share

What are the opportunities and threats faced by manufacturers in the global market?

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The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Compressor Rental product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Compressor Rental , with price, sales, revenue and global market share of Compressor Rental in 2019 and 2015.

Chapter 3, the Compressor Rental competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Compressor Rental breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2019 to 2025.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2019 to 2025.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2019 to 2025.

Chapter 12, Compressor Rental market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025.

Chapter 13, 14 and 15, to describe Compressor Rental sales channel, distributors, customers, research findings and conclusion, appendix and data source.

This post was originally published on Food and Beverage Herald

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