Industrial Pump Rental Market
Industrial Pump Rental Market Global Industry Assessment & Forecast
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 Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 1.2 Billion |
Revenue 2028: | 2.09 Billion |
Revenue CAGR (2021 - 2028): | 7.2 |
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
What is the global demand for Industrial Pump Rental in terms of revenue?
-
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%.
Which are the prominent players in the market?
-
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..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
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.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Industrial Pump Rental in 2020.