The Compressor Rentals market is expected to grow at a CAGR of 6% over the forecast period 2021-2027. Along with rapid infrastructure development and industrialization around the world, strong demand from the mining industry will drive the market growth. In the mining sector, the demand for equipment such as hydraulic shovels, cable shovels and continuous machinery is steadily increasing as the demand for precious metals such as gold, silver, coal and platinum is soaring.
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The compressor rental market has a diversified ecosystem of key players, including component suppliers, along with stakeholders, vendors, end users, and government organizations. Companies operating in the compressor rental market include Atlas Copco, Ingersoll Rand, United Rentals, Inc., Caterpillar Inc., Hertz Equipment Rental Corporation, and Aggreko plc., among others.
Compressor Rental Market Segmentations
By end-use industry:
• Oil & Gas
• Construction
• Mining
• Power
• Manufacturing
• Chemical
• Manufacturing
By compressor type:
• Reciprocating
• Rotary Screw
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