The global HVAC Rental Equipment market is valued at 990 million US$ in 2018 is expected to reach 1800 million US$ by the end of 2025, growing at a CAGR of 7.8% during 2019-2025.
Los Angeles, CA -- (SBWIRE) -- 03/22/2019 -- 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 Americas contributed the majority of share to the HVAC rental equipment market during 2017. The region will continue to lead the HVAC rental units market for the next four years.
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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.
This report focuses on HVAC Rental Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall HVAC Rental Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Aggreko
Ingersoll-Rand
Johnson Controls
United Rentals
UNITED TECHNOLOGIES
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HVAC Rental Equipment Market Segment by Regions
North America
Europe
China
Japan
HVAC Rental Equipment Market Segment by Type
Heating
Ventilation
Air Conditioning
HVAC Rental Equipment Market Segment by Application
Industrial
Commercial
Residential
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