Compressor Rental Market 2024- Analysis and Trends

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Compressor Rental Market Analysis to 2024 and
Forecasts Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Compressor Rental Market

• North America compressor rental market is
  expected to upsurge at healthy growth with
  increase in construction, chemical and mining
  activities in the region. Recent boom in shale
  gas in the region has further flourished the
  industry market. Another prime indicator to drive
  the market will be stringent regulations made by
  government on low emissions and shift away from
  purchasing this equipment to renting out in order
  to save money will further fuel the market.
• Asia-Pacific is expected to be the fastest
  growing rental compressor market attributable to
  rapid industrialization and urbanization in the
  region. Sprouting infrastructure operations will
  create enormous opportunities for the use of
  these products. Government focus on saving energy
  will additionally augment the market. Numerous
  emerging economies including China, India,
  Malaysia, Philippines, Thailand and Indonesia are
  predictable to see high construction activities,
  in turn, escalating the product market over the
  forecasted years.

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Regional Analysis of Compressor Rental Market

• Middle East and Africa region will be one of the
  promising rental compressor market during the
  estimated timeframe. Rapid industrial
  transformation in the region will propel the
  market size. Drilling activities coupled with oil
  and gas industries in the region has also been
  increased, which will also have a positive impact
  on the industry growth.
• Global compressor rental market is competitive in
  nature. Some of the key competitors across the
  globe are Aggreko, Caterpillar, Hertz equipment,
  Ingersoll Rand and Atlas Copco. Few other
  prominent leading vendors present in the market
  are Blueline, Sunbelt, Cramo, ACME fab-con and
  Coates Hire.

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Application Analysis of Compressor RentalMarket

• Based on the end-user industry compressor rental
  market can be categorized into chemical,
  manufacturing, power, oil gas, mining and
  construction industries.
• Among them, the construction segment is
  estimated to stimulate the product market owing
  to evolution of various sectors, including
  commercial residential buildings, demolition
  road construction equipment, and infrastructure
  development in various region, in turn,
  propelling the market.
• These tools are used in chemical industries for
  transporting fluids under high pressure. Further,
  they are used in aeration tanks and pressurizing
  tanks.

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Competitive Market Share of Compressor
RentalMarket

• Global compressor rental market is competitive in
  nature. Some of the key competitors across the
  globe are Aggreko, Caterpillar, Hertz equipment,
  Ingersoll Rand and Atlas Copco. Few other
  prominent leading vendors present in the market
  are Blueline, Sunbelt, Cramo, ACME fab-con and
  Coates Hire.
• In 2016, Atlas Copco launched 10 new 8 series
  compressor range models. All the products fall
  below the 750 kg limit, making it 150 kg lighter
  as compared to other products. Lightweight and
  compact design of this equipment enables them to
  lessen the fuel consumption thereby, improving
  the efficiency.

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