HVAC Rental Equipment Market to grow by USD 1.43 Billion by 2026, Segmentation by End-User and Geography - Technavio

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Nov 22, 2022, 01:00 ET

NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The HVAC rental equipment market is expected to grow by USD 1.43 billion during 2021-2026, progressing at a CAGR of 4.67% during the forecast period, according to Technavio. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Request a Free Sample Report.

HVAC Rental Equipment Market 2022-2026: Segmentation

Technavio has announced its latest market research report titled Global HVAC Rental Equipment Market 2022-2026

By End-user

Industrial

During the anticipated period, the industrial segment will significantly increase its market share of HVAC rental equipment. Due to rising investments in the food and beverage, pharmaceutical, oil and gas, mining, and power industries, the category is anticipated to dominate the market over the forecast period.

Commercial
Residential

By Geography

APAC

APAC will account for 56% of market growth. The main markets in APAC for HVAC rental equipment are China and Japan. This region's market will grow more quickly than other regions' markets. Over the projected period, rising data center buildings will support the expansion of the APAC HVAC rental equipment market.

North America
Europe
Middle East And Africa
South America

Learn more about the additional trends impacting the future of the market - Download a free sample report.

HVAC Rental Equipment Market 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our HVAC rental equipment market report covers the following areas:

The increasing residential and commercial construction activities, increasing construction of data centers, and enforcement of favorable regulations driving the HVAC equipment rental market will offer immense growth opportunities. However, the easy availability of HVAC equipment financing might hamper market growth To make the most of the options, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy a Sample Report.

HVAC Rental Equipment Market 2022-2026: Vendor Insights

We provide a detailed analysis of around 25 vendors operating in the HVAC Rental Equipment Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the HVAC Rental Equipment Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Aggreko Plc
Air on Location Inc.
Air Solutions LLC
Andrews Sykes Group Plc
Ashtead Group plc
Big Ten Rentals Inc.
Carrier Global Corp.
Caterpillar Inc.
City Air Toronto
Enercare Inc.
Entech Sales and Service LLC
GAL Power Systems
Herc Rentals Inc.
HVAC Rentals
Ingersoll Rand Inc.
Johnson Controls International Plc
Reliance Comfort Ltd. Partnership
TK Rentals Sdn Bhd

To find additional highlights on vendors and their product offerings- Sample Download a FREE Sample Report.

HVAC Rental Equipment Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist HVAC rental equipment market growth during the next five years
Estimation of the HVAC rental equipment market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the HVAC rental equipment market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of HVAC rental equipment market vendors

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HVAC Rental Equipment Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.67%
Market growth 2022-2026	$1.43 billion
Market structure	Fragmented
YoY growth (%)	3.91
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 56%
Key consumer countries	US, Canada, China, India, Germany, and Italy
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Aggreko Plc, Air on Location Inc., Air Solutions LLC, Andrews Sykes Group Plc, Ashtead Group plc, Big Ten Rentals Inc., Carrier Global Corp., Caterpillar Inc., City Air Toronto, Enercare Inc., Entech Sales and Service LLC, GAL Power Systems, Herc Rentals Inc., HVAC Rentals, Ingersoll Rand Inc., Johnson Controls International Plc, Reliance Comfort Ltd. Partnership, TK Rentals Sdn Bhd, Trane Technologies Plc, and United Rentals Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments

Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

5.2 Comparison by End-user

Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user

5.3 Industrial - Market size and forecast 2021-2026

Exhibit 28: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Industrial - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Industrial - Year-over-year growth 2021-2026 (%)

5.4 Commercial - Market size and forecast 2021-2026

Exhibit 32: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Commercial - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Commercial - Year-over-year growth 2021-2026 (%)

5.5 Residential - Market size and forecast 2021-2026

Exhibit 36: Chart on Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Residential - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Residential - Year-over-year growth 2021-2026 (%)

5.6 Market opportunity by End-user

Exhibit 40: Market opportunity by End-user ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 42: Chart on Market share by geography 2021-2026 (%)
Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.7 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 US - Market size and forecast 2021-2026

Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.10 India - Market size and forecast 2021-2026

Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 Italy - Market size and forecast 2021-2026

Exhibit 82: Chart on Italy - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Italy - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Italy - Year-over-year growth 2021-2026 (%)

7.13 Canada - Market size and forecast 2021-2026

Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.14 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 Aggreko Plc

Exhibit 97: Aggreko Plc - Overview
Exhibit 98: Aggreko Plc - Business segments
Exhibit 99: Aggreko Plc - Key news
Exhibit 100: Aggreko Plc - Key offerings
Exhibit 101: Aggreko Plc - Segment focus

10.4 Ashtead Group plc

Exhibit 102: Ashtead Group plc - Overview
Exhibit 103: Ashtead Group plc - Business segments
Exhibit 104: Ashtead Group plc - Key offerings
Exhibit 105: Ashtead Group plc - Segment focus

10.5 Carrier Global Corp.

Exhibit 106: Carrier Global Corp. - Overview
Exhibit 107: Carrier Global Corp. - Business segments
Exhibit 108: Carrier Global Corp. - Key news
Exhibit 109: Carrier Global Corp. - Key offerings
Exhibit 110: Carrier Global Corp. - Segment focus

10.6 Enercare Inc.

Exhibit 111: Enercare Inc. - Overview
Exhibit 112: Enercare Inc. - Product / Service
Exhibit 113: Enercare Inc. - Key offerings

10.7 Herc Rentals Inc.

Exhibit 114: Herc Rentals Inc. - Overview
Exhibit 115: Herc Rentals Inc. - Product / Service
Exhibit 116: Herc Rentals Inc. - Key offerings

10.8 HVAC Rentals

Exhibit 117: HVAC Rentals - Overview
Exhibit 118: HVAC Rentals - Product / Service
Exhibit 119: HVAC Rentals - Key offerings

10.9 Ingersoll Rand Inc.

Exhibit 120: Ingersoll Rand Inc. - Overview
Exhibit 121: Ingersoll Rand Inc. - Business segments
Exhibit 122: Ingersoll Rand Inc. - Key offerings
Exhibit 123: Ingersoll Rand Inc. - Segment focus

10.10 Johnson Controls International Plc

Exhibit 124: Johnson Controls International Plc - Overview
Exhibit 125: Johnson Controls International Plc - Business segments
Exhibit 126: Johnson Controls International Plc - Key news
Exhibit 127: Johnson Controls International Plc - Key offerings
Exhibit 128: Johnson Controls International Plc - Segment focus

10.11 Reliance Comfort Ltd. Partnership

Exhibit 129: Reliance Comfort Ltd. Partnership - Overview
Exhibit 130: Reliance Comfort Ltd. Partnership - Product / Service
Exhibit 131: Reliance Comfort Ltd. Partnership - Key offerings

10.12 United Rentals Inc.

Exhibit 132: United Rentals Inc. - Overview
Exhibit 133: United Rentals Inc. - Business segments
Exhibit 134: United Rentals Inc. - Key news
Exhibit 135: United Rentals Inc. - Key offerings
Exhibit 136: United Rentals Inc. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 139: Currency conversion rates for US$

11.4 Research methodology

Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources

11.5 List of abbreviations

Exhibit 143: List of abbreviations

The initiation of several smart city projects in the UAE, Qatar, and Saudi Arabia is increasing the use of advanced HVAC rental equipment in the region. Many Middle Eastern countries, such as the UAE, are spending considerably on improving public infrastructure, ranging from the expansion of airports to building new infrastructure. For instance, in 2021, the Government of Saudi Arabia announced plans to invest in the development of a smart city, the King Abdullah Economic City. The total cost of the project is estimated to be $220

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