Press release
Compressor Rental Market 2018 by Top Key Players: Atlas Copco, Ingersoll Rand, United Rentals, Inc., Caterpillar Inc., Hertz Equipment Rental Corporation, Ashtead Group PLC, Aggreko PLC,
Compressor Rental Market
The global Compressor Rental market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of 6.4% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
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Market Segment by Companies, this report covers
Atlas Copco, Ingersoll Rand, United Rentals Inc., Caterpillar Inc., Hertz Equipment Rental Corporation, Ashtead Group PLC, Aggreko PLC,
This report studies the Compressor Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market and splits the Compressor Rental market by product type and applications/end industries.
Technologically advanced air compressors are preferred as pneumatic power tools in commercial applications. They are used as jackhammers, pneumatic drills, pneumatic nail guns, and air saws, among others. Increasing demand for these pneumatic tools in the construction and manufacturing end-use industries is driving the demand for compressors, thereby fueling the growth of the compressor rental market.
Based on end-use industry, the construction segment led the compressor rental market in 2015 by accounting for the largest market share of the market. The growth of the construction segment of the compressor rental market can be attributed to growth of various sectors, such as residential & commercial construction, infrastructure development, demolition & road building equipment, and civil engineering in the Asia-Pacific region.
Compressors are considered to be the most efficient tools for bulk handling & lifting as well as drilling applications in the construction industry. Increased use of compressors in the construction industry is one of the driving factors for the compressor rental market.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Compressor Rental.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Type, covers
Rotary Screw
Reciprocating
Market Segment by Applications, can be divided into
Construction
Mining
Oil & Gas
Power
Manufacturing
Chemical
Others
Complete report at https://www.marketstudyreport.com/reports/global-compressor-rental-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023
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