Compressor Rental Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Compressor Rental Market is segmented By Compressor Type (Rotary Screw, Reciprocating), By End-use Industry (Construction, Mining, Oil and Gas, Power,....

Compressor Rental Market Size

Market Size in USD Bn

CAGR5.76%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR5.76%
Market ConcentrationHigh
Major PlayersAtlas Copco AB, Ingersoll Rand, Caterpillar Inc., Ashtead Group PLC, Aggreko PLC and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Compressor Rental Market Analysis

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.