
HVAC Rental Equipment Market by Type (Air Conditioner, Chiller, Cooling Tower), Rental Duration (Long Term, Short Term), Application - Global Forecast 2024-2030
Description
HVAC Rental Equipment Market by Type (Air Conditioner, Chiller, Cooling Tower), Rental Duration (Long Term, Short Term), Application - Global Forecast 2024-2030
The HVAC Rental Equipment Market size was estimated at USD 2.43 billion in 2023 and expected to reach USD 2.53 billion in 2024, at a CAGR 4.61% to reach USD 3.34 billion by 2030.HVAC rental equipment is available for temporary use through rental services, typically used when there is a temporary need for heating, cooling, or ventilation, such as during events, construction projects, emergencies, or when regular HVAC systems are undergoing repairs or maintenance. Specialized rental companies typically provide HVAC rental equipment that offers a range of equipment options to meet specific consumer needs. These rental services often include delivery, installation, maintenance, and removal of the rented equipment, and the rental duration varies from a few days to several months, depending on the customer's requirements. Moreover, the rising need for energy-efficient solutions in various residential and commercial areas enhanced the adoption of HVAC rental equipment. However, huge costs and multiple risk factors associated with renting equipment impede the utilization of HVAC rental equipment. In addition, the emergence of technologically advanced and innovative HVAC rental equipment and the availability of rental platforms is expected to create tremendous opportunities for market growth.Regional InsightsIn North America, the demand for energy-efficient solutions in large commercial spaces, the availability of technologically advanced and innovative HVAC rental equipment, and vendors providing sustainable HVAC equipment to end-users encourage end-users to opt for HVAC rental equipment. In the Asia-Pacific region, the increasing residential and commercial construction activities, growing disposable incomes of people, and rising construction of data centers raised the adoption of HVAC rental equipment. Asian vendors focus on offering HVAC rental equipment based on customers' requirements and are expected to face intense competition from the growing market in emerging countries, including India and China. In Europe, the ever-increasing demand for nuclear-powered HVAC systems in industrial and commercial spaces boosts the adoption of HVAC rental equipment. European manufacturers of HVAC rental equipment have started to use advanced raw materials and production technologies as consumers are increasingly focusing on environment-friendly and energy-efficient products.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the HVAC Rental Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the HVAC Rental Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the HVAC Rental Equipment Market, highlighting leading vendors and their innovative profiles. These include Aerco Systems LLC, Aggreko Ltd., Air on Location, Inc., Air Solutions, LLC, Ashtead Group, Big Ten Rentals Inc., Carrier Global Corp., Complete MEP Solutions LLP, Cross Rental Ltd., Enercare Inc., Entech Sales and Service LLC, Evam Canada Heating & Cooling, Fairent, GAL Power Systems, Herc Rentals Inc., HVAC Rentals, Ingersoll Rand Inc., Johnson Controls International PLC, MacAllister Machinery Company, Inc., Max Cool (MEP) System, Mobile Air & Power Rentals, Ottawa Home Services, Priority Rental by Herc Rentals, Reliance Comfort Ltd., Rescue Cooling, Sunbelt Rentals, Inc., Temperature Control Rental Services by Ohio Machinery Co., TK Rentals Sdn Bhd, Trane Technologies PLC, and United Rentals Inc..
Market Segmentation & Coverage
This research report categorizes the HVAC Rental Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
Air Conditioner
Chiller
Cooling Tower
Heating Pumps
Radiator
Stoves
Ventilation
Rental Duration
Long Term
Short Term
Application
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the HVAC Rental Equipment Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the HVAC Rental Equipment Market?
3. What are the technology trends and regulatory frameworks in the HVAC Rental Equipment Market?
4. What is the market share of the leading vendors in the HVAC Rental Equipment Market?
5. Which modes and strategic moves are suitable for entering the HVAC Rental Equipment Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
190 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. HVAC Rental Equipment Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing residential and commercial construction activities in emerging economies
- 5.1.1.2. Growing use of energy-efficient solutions in large commercial spaces
- 5.1.1.3. Rising demand of HVAC renting equipment from food & beverage industry
- 5.1.2. Restraints
- 5.1.2.1. High cost and low preference for HVAC rental services
- 5.1.3. Opportunities
- 5.1.3.1. Increasing availability of HVAC equipment on rental platforms
- 5.1.3.2. Introduction of technologically advanced and innovative HVAC rental equipment
- 5.1.4. Challenges
- 5.1.4.1. Risks associated with HVAC equipment renting
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. HVAC Rental Equipment Market, by Type
- 6.1. Introduction
- 6.2. Air Conditioner
- 6.3. Chiller
- 6.4. Cooling Tower
- 6.5. Heating Pumps
- 6.6. Radiator
- 6.7. Stoves
- 6.8. Ventilation
- 7. HVAC Rental Equipment Market, by Rental Duration
- 7.1. Introduction
- 7.2. Long Term
- 7.3. Short Term
- 8. HVAC Rental Equipment Market, by Application
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Industrial
- 8.4. Residential
- 9. Americas HVAC Rental Equipment Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific HVAC Rental Equipment Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa HVAC Rental Equipment Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
- 12.3.1.1. Trane Technologies Acquires MTA
- 12.3.1.2. Sunbelt Rentals Acquires Portable Air
- 12.3.1.3. Aggreko Buys HVAC Specialist in USA
- 12.3.2. Agreement, Collaboration, & Partnership
- 12.3.2.1. Johnson Controls and HD Supply Announce National Distribution Collaboration For Residential HVAC Equipment
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Aerco Systems LLC
- 13.1.2. Aggreko Ltd.
- 13.1.3. Air on Location, Inc.
- 13.1.4. Air Solutions, LLC
- 13.1.5. Ashtead Group
- 13.1.6. Big Ten Rentals Inc.
- 13.1.7. Carrier Global Corp.
- 13.1.8. Complete MEP Solutions LLP
- 13.1.9. Cross Rental Ltd.
- 13.1.10. Enercare Inc.
- 13.1.11. Entech Sales and Service LLC
- 13.1.12. Evam Canada Heating & Cooling
- 13.1.13. Fairent
- 13.1.14. GAL Power Systems
- 13.1.15. Herc Rentals Inc.
- 13.1.16. HVAC Rentals
- 13.1.17. Ingersoll Rand Inc.
- 13.1.18. Johnson Controls International PLC
- 13.1.19. MacAllister Machinery Company, Inc.
- 13.1.20. Max Cool (MEP) System
- 13.1.21. Mobile Air & Power Rentals
- 13.1.22. Ottawa Home Services
- 13.1.23. Priority Rental by Herc Rentals
- 13.1.24. Reliance Comfort Ltd.
- 13.1.25. Rescue Cooling
- 13.1.26. Sunbelt Rentals, Inc.
- 13.1.27. Temperature Control Rental Services by Ohio Machinery Co.
- 13.1.28. TK Rentals Sdn Bhd
- 13.1.29. Trane Technologies PLC
- 13.1.30. United Rentals Inc.
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. HVAC RENTAL EQUIPMENT MARKET RESEARCH PROCESS
- FIGURE 2. HVAC RENTAL EQUIPMENT MARKET SIZE, 2023 VS 2030
- FIGURE 3. HVAC RENTAL EQUIPMENT MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. HVAC RENTAL EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. HVAC RENTAL EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. HVAC RENTAL EQUIPMENT MARKET DYNAMICS
- FIGURE 7. HVAC RENTAL EQUIPMENT MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 8. HVAC RENTAL EQUIPMENT MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. HVAC RENTAL EQUIPMENT MARKET SIZE, BY RENTAL DURATION, 2023 VS 2030 (%)
- FIGURE 10. HVAC RENTAL EQUIPMENT MARKET SIZE, BY RENTAL DURATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. HVAC RENTAL EQUIPMENT MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. HVAC RENTAL EQUIPMENT MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS HVAC RENTAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS HVAC RENTAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES HVAC RENTAL EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES HVAC RENTAL EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC HVAC RENTAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC HVAC RENTAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA HVAC RENTAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA HVAC RENTAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. HVAC RENTAL EQUIPMENT MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. HVAC RENTAL EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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