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Industrial Pump Rental Market

Industrial Pump Rental Market

Industrial Pump Rental Market Global Industry Assessment & Forecast

# Pages:

145

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0265

Segments Covered
  • By Type Bypass pumping, Dewatering, Wastewater (surface mounted) pump, Others
  • By Application Oil and gas industry, Chemical industry Mining industry, Power industry, Construction, Municipal, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 1.2 Billion
Revenue 2028Revenue 2028: 2.09 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 7.2
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Type  Analysis: Preview

On the basis of Type, the market is segmented into Bypass pumping, Dewatering, Wastewater (surface mounted) pump, Others. LED held the highest share in the global Industrial Pump Rental market and is projected to witness the same trend during the forecast period.

Application Analysis: Preview

Based on Application, the market is segmented into Oil and gas industry, Chemical industry Mining industry, Power industry, Construction, Municipal, Others. Railway accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Analysis: Preview

Based on , the market is segmented into . dominates the global Industrial Pump Rental market and is expected to continue the same trend from 2021 to 2028. 

Global Industrial Pump Rental Market: Type Segment Analysis

    • Bypass pumping
    • Dewatering
    • Wastewater (surface mounted) pump
    • Others

Global Industrial Pump Rental Market: Application Segment Analysis

    • Oil and gas industry
    • Chemical industry Mining industry
    • Power industry
    • Construction
    • Municipal
    • Others
FAQ
Frequently Asked Question
  • The global Industrial Pump Rental valued at 1.2 Billion in 2020 and is expected to reach 2.09 Billion in 2028 growing at a CAGR of 7.2%.

  • The prominent players in the market are Power Zone Equipment Inc, Xylem, United Rentals, Cornell Pump, Holland Pump, MWI, Barco Pump, Global Pump, ACTION, Selwood, Tsurumi, Integrated Pump Rental, Thompson Pump Siemens Healthcare..

  • The market is project to grow at a CAGR of 7.2% between 2021 and 2028.

  • The driving factors of the Industrial Pump Rental include

    • The increasing benefits of pump rental services is anticipated to augment the growth of the market over the forecast period.
    • The advent of digitization and the rising internet penetration has enabled market vendors to provide innovative service delivery options which is further expected to fuel the growth of the market in the years to come.

  • Asia Pacific was the leading regional segment of the Industrial Pump Rental in 2020.