- Companies: 10+ – Including Ashtead Group Plc, Franklin Electric Co. Inc., Holland Pump Co., KSB SE and Co. KGaA, Mersino Dewatering Inc., MWI Pumps, Selwood Ltd., Speedy Hire Plc, United Rentals Inc., and Xylem Inc., among others.
- Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; and Vendor landscape
- Segments: End-user (industrial, water utility, and construction), type (centrifugal pumps, positive displacement pumps, and other pumps)
- Geographies: APAC, Europe, North America, MEA, and South America
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According to the recent market study by Technavio, the Industrial Pump Rental Market size is expected to increase by USD 1.50 million from 2020 to 2025, with an accelerated CAGR of 7.25%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
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Vendor Insights-
The industrial pump rental market is fragmented. Vendors are deploying growth strategies such as price, quality, technology, brand identity, and distribution to compete in the market. The key offerings of some of the major vendors are listed below:
- Ashtead Group Plc - The company offers an extensive, modern, and well-maintained pump rental fleet varying in total head pressure that includes both centrifugal pumps and positive displacement pumps.
- Franklin Electric Co. Inc. - The company offers a wide variety of rental alternatives in mining, municipal, dewatering, and industrial applications with their tailored pump solutions.
- Holland Pump Co. - The company offers dewatering pumps available for rent on a daily, weekly, and monthly basis with services such as consulting, estimating, dewatering plans, permit facilitation, and 24/7 services including delivery, set up, service, troubleshooting, repairs, and pickup.
Find additional highlights on the vendors and their product offerings. Download a Sample Report
Regional Market Outlook
The industrial pump rental market share growth in APAC will be significant during the forecast period. China, India, Japan, and Australia are the key countries for the market in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The significant rise in the number of offshore and onshore oil and gas E&P activities and the growth in industrialization has led to high demand for water that will drive the industrial pump rental market growth in APAC during the forecast period.
Download our sample report for more key highlights on the regional market share
Latest Drivers & Trends Driving the Market-
- Industrial Pump Rental Market Driver:
- Increasing benefits of pump rental services:
Renting is a cost-efficient alternative to owning equipment, especially on a short-term basis. Factors such as flexible work delivery setup, professional services and consulting, timely service responses, and the availability of a wide range of products for fluid handling systems are the major benefits provided by pump rental service providers.
- Industrial Pump Rental Market Trend:
- Service delivery innovation:
Vendors are focusing on new service delivery options to ensure the availability of pump rentals on time. They are providing real-time information about pump services through mobile apps, which helps in speeding up the delivery of pumps.
Find additional information about various other market Drivers & Trends mentioned in our sample report.
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Metering Pumps Market by End-user and Geography - Forecast and Analysis 2022-2026
Rotary Seals Market by End-user and Geography - Forecast and Analysis 2022-2026
Industrial Pump Rental Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.25% |
Market growth 2021-2025 |
USD 1.50 million |
Market structure |
Fragmented |
YoY growth (%) |
7.00 |
Regional analysis |
APAC, Europe, North America, MEA, South America, APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 42% |
Key consumer countries |
China, US, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Ashtead Group Plc, Franklin Electric Co. Inc., Holland Pump Co., KSB SE and Co. KGaA, Mersino Dewatering Inc., MWI Pumps, Selwood Ltd., Speedy Hire Plc, United Rentals Inc., and Xylem Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for 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
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis – Industrial machinery market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
- 5.2 Comparison by End user
- 5.3 Industrial - Market size and forecast 2020-2025
- Exhibit 17: Industrial - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Industrial - Year-over-year growth 2020-2025 (%)
- 5.4 Water Utility - Market size and forecast 2020-2025
- Exhibit 19: Water Utility - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Water Utility - Year-over-year growth 2020-2025 (%)
- 5.5 Construction - Market size and forecast 2020-2025
- Exhibit 21: Construction - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Construction - Year-over-year growth 2020-2025 (%)
- 5.6 Market opportunity by End user
- Exhibit 23: Market opportunity by End user
6 Market Segmentation by Type
- 6.3 Centrifugal pumps - Market size and forecast 2020-2025
- Exhibit 26: Centrifugal pumps - Market size and forecast 2020-2025 ($ million)
- Exhibit 27: Centrifugal pumps - Year-over-year growth 2020-2025 (%)
- 6.4 Positive displacement pumps - Market size and forecast 2020-2025
- Exhibit 28: Positive displacement pumps - Market size and forecast 2020-2025 ($ million)
- Exhibit 29: Positive displacement pumps - Year-over-year growth 2020-2025 (%)
- 6.5 Other pumps - Market size and forecast 2020-2025
- Exhibit 30: Other pumps - Market size and forecast 2020-2025 ($ million)
- Exhibit 31: Other pumps - Year-over-year growth 2020-2025 (%)
- 6.6 Market opportunity by Type
- Exhibit 32: Market opportunity by Type
7 Customer Landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 34: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 35: Geographic comparison
- 8.3 APAC - Market size and forecast 2020-2025
- Exhibit 36: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 37: APAC - Year-over-year growth 2020-2025 (%)
- 8.4 Europe - Market size and forecast 2020-2025
- Exhibit 38: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 39: Europe - Year-over-year growth 2020-2025 (%)
- 8.5 North America - Market size and forecast 2020-2025
- Exhibit 40: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 41: North America - Year-over-year growth 2020-2025 (%)
- 8.6 MEA - Market size and forecast 2020-2025
- Exhibit 42: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 43: MEA - Year-over-year growth 2020-2025 (%)
- 8.7 South America - Market size and forecast 2020-2025
- Exhibit 44: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 45: South America - Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
- Exhibit 46: Key leading countries
- 8.9 Market opportunity by geography
- Exhibit 47: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
10 Vendor Landscape
- 10.1 Vendor landscape
- Exhibit 49: Vendor landscape
- 10.2 Landscape disruption
- Exhibit 50: Landscape disruption
- Exhibit 51: Industry risks
- 10.3 Competitive scenario
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 52: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 53: Market positioning of vendors
- 11.3 Ashtead Group Plc
- Exhibit 54: Ashtead Group Plc - Overview
- Exhibit 55: Ashtead Group Plc - Business segments
- Exhibit 56: Ashtead Group Plc - Key offerings
- Exhibit 57: Ashtead Group Plc - Segment focus
- 11.4 Franklin Electric Co. Inc.
- Exhibit 58: Franklin Electric Co. Inc. - Overview
- Exhibit 59: Franklin Electric Co. Inc. - Business segments
- Exhibit 60: Franklin Electric Co Inc.– Key news
- Exhibit 61: Franklin Electric Co. Inc. - Key offerings
- Exhibit 62: Franklin Electric Co. Inc. - Segment focus
- 11.5 Holland Pump Co.
- Exhibit 63: Holland Pump Co. - Overview
- Exhibit 64: Holland Pump Co. - Product and service
- Exhibit 65: Holland Pump Co.– Key news
- Exhibit 66: Holland Pump Co. - Key offerings
- 11.6 KSB SE and Co. KGaA
- Exhibit 67: KSB SE and Co. KGaA - Overview
- Exhibit 68: KSB SE and Co. KGaA - Product and service
- Exhibit 69: KSB SE & Co. KGaA – Key news
- Exhibit 70: KSB SE and Co. KGaA - Key offerings
- 11.7 Mersino Dewatering Inc.
- Exhibit 71: Mersino Dewatering Inc. - Overview
- Exhibit 72: Mersino Dewatering Inc. - Product and service
- Exhibit 73: Mersino Dewatering Inc. - Key offerings
- 11.8 MWI Pumps
- Exhibit 74: MWI Pumps - Overview
- Exhibit 75: MWI Pumps - Product and service
- Exhibit 76: MWI Pumps – Key news
- Exhibit 77: MWI Pumps - Key offerings
- 11.9 Selwood Ltd.
- Exhibit 78: Selwood Ltd. - Overview
- Exhibit 79: Selwood Ltd. - Product and service
- Exhibit 80: Selwood Ltd. - Key offerings
- 11.10 Speedy Hire Plc
- Exhibit 81: Speedy Hire Plc - Overview
- Exhibit 82: Speedy Hire Plc - Product and service
- Exhibit 83: Speedy Hire Plc– Key news
- Exhibit 84: Speedy Hire Plc - Key offerings
- 11.11 United Rentals Inc.
- Exhibit 85: United Rentals Inc. - Overview
- Exhibit 86: United Rentals Inc. - Business segments
- Exhibit 87: United Rentals Inc. - Key offerings
- Exhibit 88: United Rentals Inc. - Segment focus
- 11.12 Xylem Inc.
- Exhibit 89: Xylem Inc. - Overview
- Exhibit 90: Xylem Inc. - Business segments
- Exhibit 91: Xylem Inc. – Key news
- Exhibit 92: Xylem Inc. - Key offerings
- Exhibit 93: Xylem Inc. - Segment focus
12 Appendix
- 12.2 Currency conversion rates for US$
- Exhibit 94: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 95: Research Methodology
- Exhibit 96: Validation techniques employed for market sizing
- Exhibit 97: Information sources
- 12.4 List of abbreviations
- Exhibit 98: List of abbreviations
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