Global Industrial Pump Rental Market 2017-2021

  • ID: 4372332
  • Report
  • Region: Global
  • 78 pages
  • TechNavio
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FEATURED COMPANIES

  • ACTION
  • Cornell Pump
  • Holland Pump
  • MWI
  • Thompson Pump
  • United Rentals
  • MORE
About Industrial Pump Rental

The global industrial pump rental market comprises pumps that are procured by industries on a contract basis for a particular period or until the completion of a project. Vendors provide pumps, its machinery, and tools of all kinds and sizes that are required by the end-users for a limited period. Rented pumps are an attractive option for end-users when compared with the outright purchase of new pumps. This is because renting of pumps helps reduce costs and allows end-users to get assistance from pump manufacturing experts in reviewing the condition of pumps on a timely basis.

The analysts forecast the global industrial pump rental market to grow at a CAGR of 8.24% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial pump rental market for 2017-2021. To calculate the market size, the report considers sales, replacement, and services market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Industrial Pump Rental Market 2017-2021, 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
  • Xylem
  • MWI
  • United Rentals
  • Cornell Pump
  • Thompson Pump
Other prominent vendors
  • Holland Pump
  • Integrated Pump Rental
  • Selwood
  • ACTION
  • Global Pump
  • Barco Pump
  • Tsurumi
Market drivers
  • Higher flexibility in terms of movement and labor requirements
  • For a full, detailed list, view the full report
Market challenges
  • Renting pumps can be cumbersome for end-users
  • For a full, detailed list, view the full report
Market trends
  • Increasing merger and acquisition activities
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ACTION
  • Cornell Pump
  • Holland Pump
  • MWI
  • Thompson Pump
  • United Rentals
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Market overview
  • Global industrial pump rental market by bypass pumping
  • Global industrial pump rental market by dewatering
  • Global industrial pump rental market by large volume pumping
PART 07: Market segmentation by end-user
  • Market overview
  • Global industrial pump rental market in the oil and gas industry
  • Global industrial pump rental market in the water and wastewater industry
  • Global industrial pump rental market in the chemical industry
  • Global industrial pump rental market in the mining industry
  • Global industrial pump rental market in the power industry
PART 08: Geographical segmentation
  • Market overview
  • Industrial pump rental market in APAC
  • Industrial pump rental market in EMEA
  • Industrial pump rental market in the Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Increasing merger and acquisition activities
  • Rental companies diversifying into new segments to minimize risks
  • Outsourced pump servicing
PART 12: Vendor landscape
  • Competition overview
  • Other prominent vendors
PART 13: Key vendor analysis
  • Xylem
  • MWI
  • United Rentals
  • Cornell Pump
  • Thompson Pump
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Advantages of pump rentals
Exhibit 02: Difference between new pumps and rented pumps
Exhibit 03: Market landscape
Exhibit 04: Global industrial pump rental market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global industrial pump rental market by application 2016 and 2021 (% revenue share)
Exhibit 07: Global industrial pump rental market by bypass pumping 2016-2021 ($ millions)
Exhibit 08: Advantages of bypass pumping
Exhibit 09: Global industrial pump rental market by dewatering 2016-2021 ($ millions)
Exhibit 10: Advantages of dewatering pumps
Exhibit 11: Global industrial pump rental market by large volume pumping 2016-2021 ($ millions)
Exhibit 12: Global industrial pump rental market by end-user 2016 and 2021 (% revenue share)
Exhibit 13: Global industrial pump rental market in the oil and gas industry 2016-2021 ($ millions)
Exhibit 14: Advantages of rented pumps in the oil and gas industry
Exhibit 15: Global industrial pump rental market in the water and wastewater industry 2016-2021 ($ millions)
Exhibit 16: Global industrial pump rental market in chemical industry 2016-2021 ($ millions)
Exhibit 17: Advantages of using pump rentals in the chemical industry
Exhibit 18: Global industrial pump rental market in the mining industry 2016-2021 ($ millions)
Exhibit 19: Global industrial pump rental market in the power industry 2016-2021 ($ millions)
Exhibit 20: Global industrial pump rental market by geography 2016 and 2021 (% revenue share)
Exhibit 21: Industrial pump rental market in APAC 2016-2021 ($ millions)
Exhibit 22: Key investments in APAC
Exhibit 23: Industrial pump rental market in EMEA 2016-2021 ($ millions)
Exhibit 24: Key investments in EMEA
Exhibit 25: Industrial pump rental market in the Americas 2016-2021 ($ millions)
Exhibit 26: Key investments in the Americas
Exhibit 27: Other prominent vendors
Exhibit 28: Xylem: Types of pump rentals
Exhibit 29: Xylem: Product portfolio
Exhibit 30: Xylem: Recent developments
Exhibit 31: MWI: Product portfolio
Exhibit 32: MWI: Recent developments
Exhibit 33: United Rentals: Product portfolio
Exhibit 34: United Rentals: Recent developments
Exhibit 35: Cornell Pump: Product portfolio
Exhibit 36: Cornell Pump: Recent developments
Exhibit 37: Thompson: Types of pump rental
Exhibit 38: Thompson Pump: Product portfolio
Exhibit 39: Thompson Pump: Recent developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ACTION
  • Cornell Pump
  • Holland Pump
  • MWI
  • Thompson Pump
  • United Rentals
  • MORE
New Report Released: - Global Industrial Pump Rental Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial pump rental market: Xylem, MWI, United Rentals, Cornell Pump, and Thompson Pump.

Other Prominent Vendors in the market are: Holland Pump, Integrated Pump Rental, Selwood, ACTION, Global Pump, Barco Pump, and Tsurumi.

Commenting on the report, an analyst from the research team said: “One trend in the market is increasing merger and acquisition activities. The global industrial pump rental market is highly fragmented with various vendors spread across the world. In this situation, the top vendors partner with the medium and small pump manufacturers to deliver the best of the pump rental products at reasonable costs to the end-users.”

According to the report, one driver in the market is higher flexibility in terms of movement and labor requirements. The pump rental services are highly flexible, and the pumps are made available to the end-users at any time of the operation. Any difficulty faced by the pumps are being cleared by the experts provided to the end-users by the manufacturers of pumps. During a harsh process, if any part of the pump is damaged, it becomes very difficult to service it or to replace the pump, and due to this, the entire operation suffers. But when the company rents a pump, it can be serviced or replaced at any stage of the operation.

Further, the report states that one challenge in the market is renting pumps can be cumbersome for end-users. Renting the pumps can be challenging for the end-users as well. In the case of long duration contracts with the pump rental vendors, the end-users end up paying more money when compared with buying a new pump. The rent of the pumps remains the same during the entire operation. Also, the industries that have a low production capacity tend to spend a huge amount on procuring the pumps on rent for a small output. Therefore, the companies require a considerable amount of production to justify the amount spent on the pump rentals.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Xylem
  • MWI
  • United Rentals
  • Cornell Pump
  • Thompson Pump
  • Holland Pump
  • Integrated Pump Rental
  • Selwood
  • ACTION
  • Global Pump
  • Barco Pump
  • Tsurumi
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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