Industrial Fan Rental Services Market Report 2025

The industrial fan rental services market size has grown strongly in recent years. It will grow from $1.97 billion in 2024 to $2.15 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth observed in the historic period is driven by the increasing demand from the construction sector, a growing need for temporary cooling, wider adoption within manufacturing industries, the rising popularity of flexible rental solutions, and heightened demand for event ventilation.

The industrial fan rental services market size is expected to see strong growth in the next few years. It will grow to $2.96 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period is expected to stem from expanding infrastructure projects, greater awareness of cost-effective rental models, accelerating industrialization in developing regions, an increased focus on efficient ventilation, and heightened demand during extreme weather conditions. Key trends anticipated during this period include innovations in energy-efficient fan models, incorporation of smart and connected technologies, technology-led fleet expansion, advancements in portable and lightweight fan designs, and improvements in service and delivery options.

The increasing construction activities are anticipated to drive the growth of the industrial fan rental services market in the coming period. Construction activities encompass all tasks involved in building structures such as homes, roads, bridges, and buildings. The rise in construction due to population growth generates a greater demand for housing, schools, and healthcare facilities to accommodate the expanding population. Industrial fan rental services support construction projects by providing flexible and cost-effective ventilation and temperature control solutions to manage dust, fumes, and heat, thereby ensuring a safer and more comfortable work environment. For example, a report published in January 2025 by the Department for Business and Trade, a UK-based government organization, noted that total new construction orders increased by 15.9% ($1,944 million / £1.43 billion) in the first quarter of 2024 compared to the fourth quarter of 2023. Thus, the rising construction activities are contributing to the expansion of the industrial fan rental services market.

The surge in oil and gas exploration is expected to propel the growth of the industrial fan rental services market moving forward. Oil and gas exploration involves the identification and location of potential underground or underwater petroleum and natural gas deposits using scientific and technological methods. The increase in exploration is driven by the growing global demand for energy, motivating countries and companies to seek new reserves to secure long-term energy supply and economic stability. Industrial fan rental services aid oil and gas exploration by delivering effective ventilation and cooling solutions in remote or hazardous locations, helping to maintain safe working conditions and optimize equipment performance without the costs of permanent installations. For instance, in June 2025, the International Energy Agency (IEA), a France-based intergovernmental organization, projected that global oil supply will increase by 1.8 million barrels per day in 2025, reaching 104.9 million barrels per day, with an additional rise of 1.1 million barrels per day expected in 2026. Therefore, the growth in oil and gas exploration is driving the industrial fan rental services market.

In December 2023, Source Capital LLC, a US-based private equity firm, acquired Rapid Prep LLC for an undisclosed sum. With this acquisition, Source Capital LLC intends to reinforce its presence in the surface preparation and environmental services sector and expand its portfolio by backing a company that serves the maritime, defense, industrial, and infrastructure industries. Rapid Prep LLC is a US-based firm specializing in industrial fan rental services.

Major players in the industrial fan rental services market are United Rentals Inc., Sunbelt Rentals Inc., Herc Rentals Inc., Aggreko Plc, Nishio Rent All Vietnam Co Ltd., CORT Business Services Corporation, Big Ass Fans Inc., Cooper Equipment Rentals Ltd., Source Capital LLC, Dahl's Equipment Rentals Inc., Neat Heat & Cooling Inc., Preferred Climate Solutions LLC, OnSite HVAC Rentals LLC, EZ Equipment Rental LLC, Cool Breeze Rentals Pty Ltd., Cold Air Rentals LLC, Anytime Rentals LLC, Aircon Rentals Pty Ltd., North Point Equipment Rentals, and Mist Fan Rental.

North America was the largest region in the industrial fan rental services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in industrial fan rental services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the industrial fan rental services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the services sector, particularly in business services, IT, and professional consulting operations. Higher costs for imported technology, office equipment, and essential digital infrastructure have raised operating expenses for service providers, forcing them to either pass on costs to clients or absorb margin pressures. Outsourcing firms and IT service companies are also facing challenges due to increased costs of hardware components and delayed global supply chains, affecting project delivery timelines and profitability. Additionally, retaliatory tariffs have dampened demand for U.S.-based professional services in key international markets, leading to a slowdown in export-driven revenue streams. The sector must now prioritize digital transformation, cost optimization, and expanding domestic client bases to sustain growth and maintain competitiveness amid ongoing trade uncertainty.

Industrial fan rental services involve the short-term supply of heavy-duty ventilation equipment designed to control airflow and maintain appropriate environmental conditions in industrial environments. These services are provided by rental companies that handle the supply, installation, and maintenance of the equipment throughout the rental period. This model allows businesses to address temporary needs without investing in permanent assets, providing a cost-efficient and flexible solution.

The primary categories of industrial fan rental services include centrifugal fans, axial fans, blowers, portable fans, exhaust fans, and industrial ceiling fans. Centrifugal fans are mechanical devices that move air or gas by boosting its pressure and velocity through a rotating impeller. Rentals are available for various durations, including short-term, medium-term, and long-term options, catering to different sizes and capacities such as small, medium, large, and extra-large. These services are utilized by small and medium enterprises (SMEs) as well as large corporations across multiple industries, including construction and infrastructure, oil and gas, agriculture, emergency services, entertainment and events, and transportation and logistics.

The industrial fan rental services market research report is one of a series of new reports that provides industrial fan rental services market statistics, including industrial fan rental services industry global market size, regional shares, competitors with an industrial fan rental services market share, industrial fan rental services market segments, market trends and opportunities, and any further data you may need to thrive in the industrial fan rental services industry. This industrial fan rental services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial fan rental services market includes revenues earned by entities through temporary ventilation setup, emergency cooling, dust and fume extraction, humidity control and drying, and event ventilation services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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