Compressor Rental Market 2018-2024 Key Players Aggreko, Atlas Copco, Caterpillar Inc., Hertz Equipment Rental – Qatar, Ingersoll Rand.
Compressor Rental Market size is expected to witness healthy growth during the forecast period owing to its application in manufacturing, power, mining, oil & gas and construction industries.
(EMAILWIRE.COM, August 17, 2018 ) 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.
Compressor Rental Market size is expected to witness healthy growth during the forecast period owing to its application in manufacturing, power, mining, oil & gas and construction industries. Increase in demand for several precious metals including platinum, gold, silver and coal will foster the demand for various mining tools including cable shovels, hydraulic shovels, long-wall machines and continuous machines during the forecasted time.
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Significant upsurge in demand for customized air rental solutions has propelled the compressor rental market. This customized compressors offers amounts of savings and lessens the repairing costs caused due to system failures. Various raw materials including cast iron, carbon steel and stainless steel used in manufacturing these products are tremendously price sensitive regarding macro-economic conditions. A minor change in raw material prices can adversely effect on the product market.
Compressor rental market will be further enhanced by future innovative pneumatic equipment. Numerous prominent manufacturers are continuously involved in developing new products which can make use of speed technology by controlling the compressor speed. These products will be energy efficient owing to their speed controlling nature, in turn, flourishing the industry growth.
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.
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.
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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.
Compressor Rental Market size is expected to witness healthy growth during the forecast period owing to its application in manufacturing, power, mining, oil & gas and construction industries. Increase in demand for several precious metals including platinum, gold, silver and coal will foster the demand for various mining tools including cable shovels, hydraulic shovels, long-wall machines and continuous machines during the forecasted time.
Request for table of contents of this report @ https://www.gminsights.com/request-toc/upcoming/1722
Significant upsurge in demand for customized air rental solutions has propelled the compressor rental market. This customized compressors offers amounts of savings and lessens the repairing costs caused due to system failures. Various raw materials including cast iron, carbon steel and stainless steel used in manufacturing these products are tremendously price sensitive regarding macro-economic conditions. A minor change in raw material prices can adversely effect on the product market.
Compressor rental market will be further enhanced by future innovative pneumatic equipment. Numerous prominent manufacturers are continuously involved in developing new products which can make use of speed technology by controlling the compressor speed. These products will be energy efficient owing to their speed controlling nature, in turn, flourishing the industry growth.
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.
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.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/compressor-rental-market
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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Global Market Insights, Inc.
Arun Hegde
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results