Compressor Rental Market is segmented By Compressor Type (Rotary Screw, Reciprocating), By End-use Industry (Construction, Mining, Oil and Gas, Power,....
Market Size in USD Bn
CAGR5.76%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.76% |
Market Concentration | High |
Major Players | Atlas Copco AB, Ingersoll Rand, Caterpillar Inc., Ashtead Group PLC, Aggreko PLC and Among Others |
The compressor rental market is estimated to be valued at USD 5.37 Bn in 2024 and is expected to reach USD 7.95 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 5.76% from 2024 to 2031. There is an increasing focus on upgrading and maintaining existing infrastructure which is also driving the temporary compressor rental market.