Global Compressor Rental Market 2016-2020 - Technological Developments in Compressed Air Rental Solutions a Key Driver - Research and Markets

May 12, 2016, 05:10 ET from Research and Markets

DUBLIN, May 12, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Compressor Rental Market 2016-2020" report to their offering. 

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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. 

Companies Mentioned: 

  • Aggreko
  • Atlas Copco
  • Caterpillar
  • Hertz Equipment
  • Ingersoll Rand
  • Sunbelt Rentals
  • United Rentals
  • ACME Fab-Con
  • AirParts Compressores
  • Ar Brasil Compressores
  • Blueline Rental
  • Cramo
  • Coates Hire
  • Ramirent

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:

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SOURCE Research and Markets