India Compressor Rental Market (2025-2031) Outlook | Revenue, Analysis, Growth, Value, Companies, Size, Trends, Share, Industry & Forecast
Market Forecast By Compressor Type (Reciprocating, Rotary Screw), By End Use Industry (Construction, Mining, Oil & Gas, Power, Manufacturing) And Competitive Landscape
| Product Code: ETC4495765 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India Compressor Rental Market Import Shipment Trend (2020-2024)
The India compressor rental market import shipment demonstrated a robust growth trend from 2020 to 2024, with a double-digit CAGR of 11.0%. Notably, the market accelerated further between 2023 and 2024, exhibiting a substantial growth rate of 27.2%. The market expanded significantly, indicating strong momentum and a positive overall trend during the period.
India Compressor Rental Market Overview
The compressor rental market in India has seen considerable growth as industries seek cost-effective solutions for compressed air and gas needs. Compressors play a vital role in various applications, including manufacturing, construction, and energy production. Renting compressors has become an attractive option for companies looking to avoid capital expenditures and meet fluctuating demand. The market expansion is driven by the need for flexibility, energy efficiency, and reduced maintenance costs.
Drivers of the Market
The compressor rental market in India is expanding due to the temporary and cost-effective solutions it offers to various industries. Rental compressors are used in construction, manufacturing, and oil and gas exploration, where businesses may need additional air or gas compression capacity for short-term projects. As industries seek flexibility and cost savings, the compressor rental market is thriving.
Challenges of the Market
The compressor rental market in India confronts challenges related to economic fluctuations and market competition. The demand for compressor rental services is closely tied to various industries, including construction, manufacturing, and energy. Economic downturns can lead to reduced capital expenditure in these sectors, affecting the demand for compressor rentals. Additionally, increased competition in the compressor rental industry puts pressure on service providers to offer competitive pricing and innovative solutions, while maintaining the quality and reliability of their equipment.
COVID-19 Impact on the Market
The compressor rental market faced a downturn as industrial operations scaled down. The recovery of this market depends on the revival of manufacturing and construction activities.
Key Players in the Market
Key Players in the market are Atlas Copco, Ingersoll Rand, and ELGi Equipments Limited.
Key Highlights of the Report:
- India Compressor Rental Market Outlook
- Market Size of India Compressor Rental Market, 2024
- Forecast of India Compressor Rental Market, 2031
- Historical Data and Forecast of India Compressor Rental Revenues & Volume for the Period 2021-2031
- India Compressor Rental Market Trend Evolution
- India Compressor Rental Market Drivers and Challenges
- India Compressor Rental Price Trends
- India Compressor Rental Porter's Five Forces
- India Compressor Rental Industry Life Cycle
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Compressor Type for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Reciprocating for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Rotary Screw for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By End Use Industry for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Construction for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Mining for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Oil & Gas for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Power for the Period 2021-2031
- Historical Data and Forecast of India Compressor Rental Market Revenues & Volume By Manufacturing for the Period 2021-2031
- India Compressor Rental Import Export Trade Statistics
- Market Opportunity Assessment By Compressor Type
- Market Opportunity Assessment By End Use Industry
- India Compressor Rental Top Companies Market Share
- India Compressor Rental Competitive Benchmarking By Technical and Operational Parameters
- India Compressor Rental Company Profiles
- India Compressor Rental Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Compressor Rental Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Compressor Rental Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Compressor Rental Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Compressor Rental Market Revenues & Volume, 2021 & 2031F |
3.3 India Compressor Rental Market - Industry Life Cycle |
3.4 India Compressor Rental Market - Porter's Five Forces |
3.5 India Compressor Rental Market Revenues & Volume Share, By Compressor Type, 2021 & 2031F |
3.6 India Compressor Rental Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Compressor Rental Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for compressed air in various industries such as construction, manufacturing, and oil gas. |
4.2.2 Growing trend of renting equipment to reduce upfront costs and maintenance expenses. |
4.2.3 Rise in infrastructure development projects driving the need for temporary compressor solutions. |
4.3 Market Restraints |
4.3.1 High initial investment in purchasing compressors leading companies to opt for rental services. |
4.3.2 Lack of awareness about the benefits of compressor rental services among small and medium enterprises. |
4.3.3 Competition from established compressor manufacturers offering rental services. |
5 India Compressor Rental Market Trends |
6 India Compressor Rental Market, By Types |
6.1 India Compressor Rental Market, By Compressor Type |
6.1.1 Overview and Analysis |
6.1.2 India Compressor Rental Market Revenues & Volume, By Compressor Type, 2021-2031F |
6.1.3 India Compressor Rental Market Revenues & Volume, By Reciprocating, 2021-2031F |
6.1.4 India Compressor Rental Market Revenues & Volume, By Rotary Screw, 2021-2031F |
6.2 India Compressor Rental Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Compressor Rental Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 India Compressor Rental Market Revenues & Volume, By Mining, 2021-2031F |
6.2.4 India Compressor Rental Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 India Compressor Rental Market Revenues & Volume, By Power, 2021-2031F |
6.2.6 India Compressor Rental Market Revenues & Volume, By Manufacturing, 2021-2031F |
7 India Compressor Rental Market Import-Export Trade Statistics |
7.1 India Compressor Rental Market Export to Major Countries |
7.2 India Compressor Rental Market Imports from Major Countries |
8 India Compressor Rental Market Key Performance Indicators |
8.1 Utilization rate of rented compressors. |
8.2 Average rental duration per customer. |
8.3 Number of new contracts signed for compressor rentals. |
8.4 Customer satisfaction ratings for compressor rental services. |
8.5 Percentage of repeat customers in the compressor rental market. |
9 India Compressor Rental Market - Opportunity Assessment |
9.1 India Compressor Rental Market Opportunity Assessment, By Compressor Type, 2021 & 2031F |
9.2 India Compressor Rental Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Compressor Rental Market - Competitive Landscape |
10.1 India Compressor Rental Market Revenue Share, By Companies, 2024 |
10.2 India Compressor Rental Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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