The global HVAC Rental Equipment market was valued at US$ 2232 million in 2020 and it is expected to reach US$ 3011 million by the end of 2027, growing at a CAGR of 4.3% during 2021-2027.
HVAC systems are used for heating, cooling, and air conditioning spaces such as commercial buildings, and industrial facilities. End-users opt for HVAC rental services owing to the cost constraints or short duration requirements.
The food and beverages industry highly focus on ensuring uninterrupted production process and food safety. In addition, the quality of food produced directly depends on the quality of air within the facility. This compels foodservice outlets to rely on HVAC equipment to maintain the prescribed temperature levels, humidity, and permissible level of contamination. Consequently, the adoption of HVAC rental equipment is gaining prominence as an emergency backup or a contingency plan to counter seasonal variations in temperatures. Technavio’s market research report identifies the rising demand for HVAC rental equipment from the food and beverages industry to be one of the primary growth drivers for the global HVAC rental equipment market till 2023.
Global HVAC Rental Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global HVAC Rental Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Aggreko, Ingersoll-Rand, Johnson Controls, United Rentals, United Technologies and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-hvac-rental-equipment-market-outlook
Segment by Type
- Air Conditioning
Segment by Application
Table of Content:
1 HVAC Rental Equipment Market Overview
2 HVAC Rental Equipment Market Competition by Manufacturers
3 HVAC Rental Equipment Retrospective Market Scenario by Region
4 Global HVAC Rental Equipment Historic Market Analysis by Type
5 Global HVAC Rental Equipment Historic Market Analysis by Application
6 Key Companies Profiled
7 HVAC Rental Equipment Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 HVAC Rental Equipment Market Dynamics
10 Global HVAC Rental Equipment Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta