Screw Compressor Rental Market Size, Share & Trends Analysis Report By Type (Stationary Portable), By Lubrication, By End-use (Manufacturing), By Region And Segment Forecasts, 2024 - 2030

Screw Compressor Rental Market Size, Share & Trends Analysis Report By Type (Stationary Portable), By Lubrication, By End-use (Manufacturing), By Region And Segment Forecasts, 2024 - 2030

Screw Compressor Rental Market Trends

The global screw compressor rental market size was estimated at USD 3.87 billion in 2023 and is projected to grow at a CAGR of 4.3% from 2024 to 2030. The demand for market emerges from a combination of industry needs and broader economic trends. Many industries require compressed air for short-term or project-based operations, where investing in a permanent compressor is not cost-effective. This is particularly prevalent in construction, mining, and oil and gas exploration projects, where the site may be operational for a limited time, making rentals a more viable option.

Moreover, increasing emphasis on energy-efficient operations and the rise of industries where compressed air is critical. Additionally, technological advancements that enhance the performance, energy efficiency, or environmental footprint of screw compressors can expand the rental market by increasing the types of applications they can serve.

As air compressors are used in various stages of vehicle production, right from the usage of compressed air by spray painting guns to its utilization for pushing paints through robots or paint guns onto the body of automobiles, the surge in vehicle production is anticipated to fuel the growth of the screw compressor rental market. However, the presence of oil in compressed air can cause beading in the body paint, thereby affecting the quality and finish of the vehicle. In automotive vehicle production assembly lines, compressed air is required for operating pneumatic tools such as actuators and nut runners. Thus, increasing demand for compressed air in automotive production is expected to augment the market growth.

Global Screw Compressor Rental Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the screw compressor rental market based on type, lubrication, end use, and region:

• Type Outlook (Revenue, USD Million; 2018 - 2030)
• Stationary
• Portable
• Lubrication Outlook (Revenue, USD Million; 2018 - 2030)
• Oil-filled compressor
• Oil-free compressor
• End use Outlook (Revenue, USD Million; 2018 - 2030)
• Healthcare & Medical
• Manufacturing
• Oil & Gas
• Mining
• Chemical
• Others
• Regional Outlook (Revenue, USD Million; 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Please note The report will be delivered in 4-8 business days upon order notification. Show more