DUBLIN, May 12, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Compressor Rental Market 2016-2020" report to their offering.
The report forecasts the global compressor rental market to grow at a CAGR of 6.9% during the period 2016-2020.
These equipment find application in a broad range of end-user industries such as construction, mining, oil and gas, power, and other industries, including food and beverage and water and wastewater treatment. The demand for compressor rental services is highly influenced by the performance of these process industries.
Compressor manufacturers are designing and developing air compressors that make use of variable speed technology and also have a special drive that controls the speed. A VSD automatically controls compressor operation based on user requirement for compressed air. The excellent energy efficiency provided by this type of air compressor is attributed to its continuous and real-time operational nature. This helps in reducing the demand for electric power and fuel, thus aiding in decreasing the emission levels.
According to the report, compressed air is used to drive pneumatic power tools. Pneumatic power tools include nailers/staplers, drills and screwdrivers, impact wrenches, and percussion tools. These tools are safer to operate and maintain compared to electric power tools. They have a higher power-to-weight ratio that allows smaller and lighter tools to accomplish a complex task quickly. Moreover, the general grade pneumatic power tools with a shorter lifespan, also known as disposable tools in the tooling industry, are cheaper; whereas, industrial-grade power tools with a longer lifespan are expensive.
Further, the report states that vendors have to deal with price fluctuation of raw materials, which is a significant challenge, to remain competitive in the market.
- Atlas Copco
- Hertz Equipment
- Ingersoll Rand
- Sunbelt Rentals
- United Rentals
- ACME Fab-Con
- AirParts Compressores
- Ar Brasil Compressores
- Blueline Rental
- Coates Hire
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit: http://www.researchandmarkets.com/research/4fbjxk/global_compressor
Laura Wood, Senior Manager
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SOURCE Research and Markets