The global compressor rental market reached a value of nearly USD 4.47 Billion in 2024 . The market is projected to grow at a CAGR of 4.50% between 2025 and 2034 and reach around USD 6.94 Billion by 2034 .
The renting of compressors allows companies with budget constraints to meet their financial requirements and ensure stable manufacturing productivity and uptime. There is a rising use of portable air compressors in a wide range of industries for applications such as powering pneumatic tools in car systems, construction sites and farms, and air conditioners and pumps as they are easy, cordless, and compact solutions.
One of the factors driving the compressor rental market growth is the affordability associated with renting compressors. Compressor rentals are being adopted by industries to meet the increased seasonal demands, contributing to efficient and cost-effective fulfilment of high-volume orders. Rental compressors provide end users with the latest improvements in safety, performance, and efficiency affordably.
Furthermore, compressor rental providers are offering value-added services, including equipment transport, re-rental options, fleet management, on-site services and more to enhance customer experiences. With the growing trend of sustainability, the use of rental compressors powered by electricity is anticipated to increase.
Rentals of reciprocating and rotary screw compressors are quite popular because they can assist firms meet seasonal production demands, minimise equipment downtime from unplanned breakdowns, and maintain output levels during periodic maintenance and outages.
The availability of suppliers who provide a full service-oriented approach that combines great on-site knowledge with a range of compressor systems to meet end users' needs efficiently in terms of both cost and time supports the demand for rotary screw compressor rentals.
The availability of rental centrifugal compressors with advanced impeller designs provides advantages to end users in terms of reliability, durability, efficiency, and minimal maintenance requirements.
Other key players in the compressor rental market include Herc Rentals Inc.
In Europe, the need for rental compressors has increased due to their widespread application in the construction sector, which is booming in Germany, as well as in the maintenance and upgrading of already-existing manufacturing facilities. With the largest building stock on the continent, Germany is the largest construction market in Europe and is expected to grow by 1% in 2024.
In the Asia Pacific, rising manufacturing activities, the robust growth of the oil and gas sector, and rising chemical and automotive production have favoured the compressor rental market growth. Due to favourable government regulations aimed at boosting manufacturing and construction activities, compressor rentals are gaining popularity in the Asia Pacific. Expanding manufacturing facilities in countries, including China, India, and Japan, necessitates the employment of compressor rental to meet seasonal demand.
The renting of compressors allows companies with budget constraints to meet their financial requirements and ensure stable manufacturing productivity and uptime. There is a rising use of portable air compressors in a wide range of industries for applications such as powering pneumatic tools in car systems, construction sites and farms, and air conditioners and pumps as they are easy, cordless, and compact solutions.
One of the factors driving the compressor rental market growth is the affordability associated with renting compressors. Compressor rentals are being adopted by industries to meet the increased seasonal demands, contributing to efficient and cost-effective fulfilment of high-volume orders. Rental compressors provide end users with the latest improvements in safety, performance, and efficiency affordably.
Key Trends and Developments
Cost-efficiency of renting compressors; rising demand for portable air compressors; rising demand for customised compressors; and rising energy demand are favouring the global compressor rental market growthApril 2023
Atlas Copco acquired the compressed air operations of Asven S.R.L located in the Rosario region of Santa Fe province. The acquisition encompasses the sales, installation, and maintenance of compressed air systems.November 2022
Atlas Copco acquired the operational assets of Northeast Compressor, a provider of air compressors, equipment, and services to industrial clients located in Upstate New York, USA.October 2022
Atlas Copco expanded its geographic presence by acquiring Vector Sp. z o.o., a compressed air systems sales, installation, and maintenance company based in Tarnowo Podgórne, Poland.August 2022
Holt Cat's subsidiary, Texas First Rentals, acquired Class A Equipment Rentals, a Texas-based construction equipment rental company. The acquisition adds to Texas First Rentals' product portfolio, consolidating its position in the construction equipment rental market.Cost-Efficiency offered by compressor renting
The renting of compressors allows for the use of the equipment for a specific duration of time under a fixed price.Rising application of portable air compressors
There is the rising use of portable air compressors in a wide range of industries for applications such as powering pneumatic tools in car systems, construction sites and farms, and air conditioners and pumps as they are an easy, cordless, and compact solution.Growing demand for customised compressors
There is an increased demand for customised compressors across various end-use industries such as construction, mining, and oil and gas industries. Companies are offering easy-to-set-up compressors suitable for customer requirements and the demands of the production sites.Growing energy demand
The increasing global population is fueling the energy demand. The expanding oil and gas sector, thus, aids the growth of the rental compressors market as it requires compressed air from transportation to using pneumatic tools.Compressor Rental Market Trends
Renting compressors can offer operators additional advantages, including decreased equipment maintenance expenses, the flexibility to customise air compressor performance according to specific processing requirements, and lower capital investments. As a result, the use of compressors, particularly air compressors, in the oil and gas sector to ensure proper operating conditions, is rising.Furthermore, compressor rental providers are offering value-added services, including equipment transport, re-rental options, fleet management, on-site services and more to enhance customer experiences. With the growing trend of sustainability, the use of rental compressors powered by electricity is anticipated to increase.
Compressor Rental Industry Segmentation
Global Compressor Rental Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Centrifugal
- Reciprocating
- Rotary Screw
Market Breakup by Compressor Type
- Air Compressor
- Gas Compressor
Market Breakup by End Use
- Mining and Construction
- Oil and Gas
- Utility
- Chemical
- Manufacturing
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Rentals of reciprocating and rotary screw compressors are quite popular because they can assist firms meet seasonal production demands, minimise equipment downtime from unplanned breakdowns, and maintain output levels during periodic maintenance and outages.
The availability of suppliers who provide a full service-oriented approach that combines great on-site knowledge with a range of compressor systems to meet end users' needs efficiently in terms of both cost and time supports the demand for rotary screw compressor rentals.
The availability of rental centrifugal compressors with advanced impeller designs provides advantages to end users in terms of reliability, durability, efficiency, and minimal maintenance requirements.
Competitive Landscape
Major players in the compressor rental market are increasing their collaboration, partnership, and research and development activities to gain a competitive edgeAggreko Ltd
Aggreko Ltd, headquartered in the UK and founded in 1962, offers a range of rental compressors that fulfill market requirements. These compressors include the 400 cfm, 800 cfm, 1600 cfm electric compressors, as well as the 1500 cfm diesel compressor, 1600 cfm diesel compressor, 1500 cfm electric compressor, among others.Atlas Copco AB
Atlas Copco AB, headquartered in Sweden and founded in 1873, provides a diversified portfolio of rental compressors for air, nitrogen, or water applications. Its product offerings include oil-free air compressor rentals, oil-lubricated air compressors, booster compressors, and other related products.Ingersoll Rand Inc.
Headquartered in USA and founded in 1872, provides rental services for air compressors, including oil-flooded rotary screw compressors, oil-free rotary screw compressors, refrigerated dryers, and desiccant dryers. Its rental offerings are tailored to meet the needs of customers seeking efficient and reliable compressor solutions.Caterpillar Inc.
Headquartered in the USA and founded in 1925, offers compressor rental services through its Cat Rental Store, which falls under its air equipment rentals category. Its rental offerings include gas- and diesel-powered portable air compressors, available in various sizes and configurations.Other key players in the compressor rental market include Herc Rentals Inc.
Global Compressor Rental Market Analysis by Region
The increasing non-residential construction activities, the growing capital investments in the industrial sector, and surging repair, maintenance, and overhaul spending are favouring the demand for compressor rentals in North America. In 2023, there was an 18.1% year-over-year increase in the seasonally adjusted rate of non-residential construction investment overall.In Europe, the need for rental compressors has increased due to their widespread application in the construction sector, which is booming in Germany, as well as in the maintenance and upgrading of already-existing manufacturing facilities. With the largest building stock on the continent, Germany is the largest construction market in Europe and is expected to grow by 1% in 2024.
In the Asia Pacific, rising manufacturing activities, the robust growth of the oil and gas sector, and rising chemical and automotive production have favoured the compressor rental market growth. Due to favourable government regulations aimed at boosting manufacturing and construction activities, compressor rentals are gaining popularity in the Asia Pacific. Expanding manufacturing facilities in countries, including China, India, and Japan, necessitates the employment of compressor rental to meet seasonal demand.
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Compressor Rental Market Analysis
6 North America Compressor Rental Market Analysis
7 Europe Compressor Rental Market Analysis
8 Asia Pacific Compressor Rental Market Analysis
9 Latin America Compressor Rental Market Analysis
10 Middle East and Africa Compressor Rental Market Analysis
11 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Aggreko Ltd
- Atlas Copco AB
- Ingersoll Rand Inc.
- Caterpillar Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2025 |
Regions Covered | Global |
No. of Companies Mentioned | 4 |