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Global HVAC Rental Equipment Market 2018-2022

Global HVAC Rental Equipment Market 2018-2022

About HVAC Rental Equipment

HVAC systems are used for heating, cooling, and air conditioning spaces such as commercial buildings, and industrial facilities. End-users opt for HVAC rental services owing to the cost constraints or short duration requirements.

Technavio’s analysts forecast the global HVAC rental equipment market to grow at a CAGR of 7.62% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global HVAC rental equipment market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of HVAC rental equipment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global HVAC Rental Equipment Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aggreko
  • Ingersoll-Rand
  • Johnson Controls
  • United Rentals
  • UNITED TECHNOLOGIES
Market driver
  • Increasing demand from food and beverages industry
  • For a full, detailed list, view our report
Market challenge
  • Low preference for rental services
  • For a full, detailed list, view our report
Market trend
  • Rising stringent regulations on refrigerant use in Europe
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global HVAC Rental Equipment Market 2018-2022

Technavio recognizes the following companies as the key players in the global HVAC rental equipment market: Aggreko, Ingersoll -Rand, Johnson Controls, United Rentals, UNITED TECHNOLOGIES

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising stringent regulations on refrigerant use in Europe. The growing demand for manufactured refrigerants for use in air conditioners is a prime concern among many countries across the world. Globally, these refrigerants are a significant source of greenhouse gases that contribute to global warming. Therefore, some countries, particularly in Europe, are introducing increasingly stringent regulations on refrigerants used in air conditioners to combat climate change.”

According to the report, one of the major drivers for this market is Increasing demand from food and beverages industry. The food and beverages industry plays a pivotal role in expanding economic opportunities. The industry is recording increasing change in the consumption pattern. The increasing disposable incomes of people are fueling the change, especially in APAC. The growing population, consolidation, and increasing regulations imposed by various emerging countries in emerging nations have impacted food manufacturing companies not only in terms of revenue but has also compelled them to reorganize business strategies.

Further, the report states that one of the major factors hindering the growth of this market is Low preference for rental services. One of the most prime challenges impacting the growth of the global HVAC rental market is that people still have the tendency to buy equipment and sell it after it has served its intended purpose. However, such a belief is not only impractical but also financially illogical. Buying equipment results in a substantial amount of capital being locked in the purchase of the equipment.



Companies Mentioned

Aggreko, Ingersoll -Rand, Johnson Controls, United Rentals, UNITED TECHNOLOGIES

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global HVAC equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ mn)
      • Table Global - Year-over-year growth 2018-2022 (%)
      • Table Reasons for renting HVAC equipment
      • Table Advantages of rental services over purchasing HVAC equipment
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Industrial sector - Market size and forecast 2017- 2022
      • Table Industrial sector - Market size and forecast 2017-2022 ($ mn)
      • Table Industrial - Year-over-year growth 2018-2022 (%)
    • Commercial sector - Market size and forecast 2017-2022
      • Table Commercial sector - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial - Year-over-year growth 2018-2022 (%)
    • Residential sector - Market size and forecast 2017-2022
      • Table Residential sector - Market size and forecast 2017-2022 ($ mn)
      • Table Residential sector - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • US
    • Canada
    • Russia
    • Germany
    • Japan
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table US value of constructions put in place 2011-2016 ($ bn)
      • Table Construction growth in EU (2013-2016)
    • Market challenges
      • Table Required SEER and HSPF
      • Table Mandated SEER and HSPF for HVAC manufactured and distributed during 2006-2015
      • Table Amended standards for residential HVACs manufactured on or after January 1, 2015
  • Market trends
    • Rising stringent regulations on refrigerant use in Europe
    • Growing use of building automation systems
    • Increasing indoor vertical farming
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aggreko
      • Table Aggreko - Vendor overview
      • Table Aggreko - Business segment
      • Table Aggreko - Organizational developments
      • Table Aggreko - Geographic focus
      • Table Aggreko - Segment focus
      • Table Aggreko - Key offerings
    • Ingersoll-Rand
      • Table Ingersoll-Rand - Vendor overview
      • Table Ingersoll-Rand - Business segment
      • Table Ingersoll-Rand - Organizational developments
      • Table Ingersoll-Rand - Geographic focus
      • Table Ingersoll-Rand - Segment focus
      • Table Ingersoll-Rand - Key offerings
    • Johnson Controls
      • Table Johnson Controls - Overview
      • Table Johnson Controls - Business divisions
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
    • United Rentals
      • Table United Rentals - Overview
      • Table United Rentals - Business divisions
      • Table United Rentals - Organizational developments
      • Table United Rentals - Geographic focus
      • Table Rentals - Segment focus
      • Table United Rentals - Key offerings
    • UNITED TECHNOLOGIES
      • Table UNITED TECHNOLOGIES - Overview
      • Table UNITED TECHNOLOGIES - Business divisions
      • Table UNITED TECHNOLOGIES - Organizational developments
      • Table UNITED TECHNOLOGIES - Geographic focus
      • Table UNITED TECHNOLOGIES - Segment focus
      • Table UNITED TECHNOLOGIES - Key offerings
    • List of abbreviations
  • Explore Technavio

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