How big is the compressor rental market | Market Size, Share & Global Forecast

Q: What is the current size of the compressor rental market?

The compressor rental market was valued at USD 5.9 billion in 2024 and is projected to reach USD 9.7 billion by 2031.

Q: What is the growth rate of the compressor rental market?

The market is anticipated to grow at a CAGR of 7.4% between 2025 and 2031.

Q: Which components contribute the most to the compressor rental market?

Portable diesel compressors, electric compressors, and value-added rental services are major contributors.

Q: What is driving demand in the compressor rental market?

Demand is driven by construction growth, equipment maintenance needs, cost-efficiency, and energy regulation compliance.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5841

Publication Date: Jul 2025

How big is the Compressor Rental Market?

According to 6Wresearch internal database and industry insights, Global compressor rental market was valued at approximatelyUSD 5.9 billion in 2024 and is projected to reachUSD 9.7 billion by 2031, growing at aCAGR of 7.4% during the forecast period.

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The market is expanding steadily due to increasing demand for temporary compressed air solutions across construction, mining, oil and gas, and industrial maintenance applications.

Key Growth Drivers of the Compressor Rental Market

Expensive ownership of the compressor forcing the use of the rental mode
Increasing construction projects and growth of infrastructure
Short term equipment requirements on plant outages or maintenance
The growing need of oil and gas exploration and drilling
Flexibility through short- and long-term renting contracts

Compressor Rental Market Trends

The compressor rental market is witnessing strong demand from industries seeking operational flexibility without the burden of capital investment and maintenance. Diesel-powered portable compressors are in high demand for remote and off-grid projects, while electric compressors are preferred for indoor and urban settings due to lower emissions. Companies are offering value-added services such as on-site support, equipment monitoring, and 24/7 maintenance. Digitalization is enabling real-time fleet tracking, performance analysis, and predictive service planning.

Emerging Developments in the Compressor Rental Market

The compressor rental market of the compressor rental offices is also developing, and investments were made in the purchase of hybrid and electric rental equipment complying with the emission level, and fuel expenses. Companies are also merging IoT and telematics to enhance asset use and forecast repair. OEMs and rental service provider collaboration strategies are boosting the availability of the most up to date technologies, and the efficient management of fleet. The concept of rental is becoming more personalized on the basis of the needs of the industry and the duration of the project.