2108 rd20logo 11

The HVAC Rental Equipment Market is projected to register a CAGR of 5.4% by 2026, to reach USD 6.29 Billion in 2026 from USD 4.07 Billion in 2018. The increasing demand from the food and beverage industry is one of the main drivers of this market. In expanding economic opportunities, the food and beverage industry plays a key role. The industry is recording growing changes in the pattern of consumption. The increasing disposable incomes of people, especially in APAC, are driving change.

The latest market-driven trend is increasing strict regulations on the use of refrigerants in Europe. In many countries around the world, the growing demand for manufactured refrigerants for use in air conditioners is a major concern. These refrigerants are an important source of greenhouse gasses contributing to global warming worldwide.

Low preference for rental services is one of the main factors that hinder this market’s growth. One of the main challenges affecting the growth of the global HVAC rental market is that people still tend to buy and sell equipment after its intended purpose has been met.

To get sample PDF copy of the report, visit @ https://reportsanddata.com/sample-enquiry-form/1146

Top Players Analyzed in the Report are:

Trane (Ireland), Sunbelt Rentals (US), United Rentals (US), Cool Breeze Rentals (Australia), Hertz Equipment Rental (US), HVAC Rentals (Canada), Aggreko (UK), Carrier (US), Johnson Controls (US), Reliance Commercial Solutions (India), and Temp-Air (US).

Further key findings from the report suggest

  • North America dominated the market for commercial HVAC leasing equipment and accounted for almost 45% of the market share in 2018. The US is the main generator of revenue and the rapid growth of the construction industry and an increase in LEED buildings will drive growth prospects in the Americas for the HVAC rental market.
  • The HVAC Rental Equipment Market is projected to grow at a rate of 5.4% by 2026, to reach USD 6.29 Billion in 2026 from USD 4.07 Billion in 2018. The increasing demand from the food and beverage industry is one of the main drivers of this market. In expanding economic opportunities, the food and beverage industry plays a key role. The industry is recording growing changes in the pattern of consumption. The increasing disposable incomes of people, especially in APAC, are driving change.
  • The industrial segment dominated the market and accounted for more than 56% of market share in 2018. This segment will remain the largest segment and by 2026 it is expected to reach more than USD 4.8 Billion. Factors such as the growing demand for nuclear-powered HVAC systems and mining sectors stimulate the growth prospects of this market segment in the coming years. In addition, strict food and beverage industry regulations will further drive this segment’s growth prospects

The report offers a panoramic view of the competitive landscape of the Global HVAC Rental Equipment Market. The report covers comprehensive data about current and recent trends, technological advancements, and methodologies. The research document offers a detailed and concise data to assist in making strategic business decisions. The report contains a graphical representation of the important statistical data in the form of tables, graphs, charts, figures, and diagrams.

Segments covered in the report:

This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2019 to 2026. For the purpose of this study, Reports and Data have segmented the HVAC Rental Equipment Market on the basis of type, application and region:

Type (Revenue, USD Million; 2016-2026)

  • Air Conditioner
  • Ventilation
  • Stoves
  • Chiller
  • Heating Pumps
  • Radiator
  • Other

Application Outlook (Revenue, USD Million; 2016-2026)

  • Industrial
  • Commercial
  • Residential

Request discount on the report @ https://reportsanddata.com/discount-enquiry-form/1146

The report covers extensive analysis of the regions where the industry operates. According to the regional analysis, the market is segmented into key geographical areas such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regions have been examined on the basis of the production and manufacturing capacities and costs. Research analysts have formulated this report through extensive primary and secondary research on the regional segmentation.

Key questions addressed in the report are:

  • What are the emerging trends and how they influence market growth?
  • What are the opportunities for expansion of the global HVAC Rental Equipment market?
  • What is the estimated market size and share in the forecast period?
  • What are the key driving factors of the Global HVAC Rental Equipment market?
  • What are the risks and challenges the companies will have to face in the forecast period?
  • Which region is expected to dominate the market during the forecast period?

To know more about the “HVAC Rental Equipment Market” report, visit @ https://www.reportsanddata.com/report-detail/hvac-rental-equipment-market

For comprehensive coverage, the report also segments the market based on types, applications, and regions. Analysis of each market segment, along with projections, is offered in the report. The report discusses profitability, gross margins, global demand, sales volume, and growth prospects of each market segment.

Thank you for reading our report. Customization of the report is available as per requirements. Please connect with us and our team will ensure you get the report well-suited to your needs.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Power and Energy, and Chemicals. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Explore our related report from different Publications:

Air Freight Unit Load Device (ULD) Market Forecast

Aluminum Curtain Wall Market Growth

Blended Cement Market Analysis

Battery Storage Inverter Market Size

Seismic Isolation Systems Market Share

Tags: HVAC Rental Equipment Market Analysis, HVAC Rental Equipment Market Size, HVAC Rental Equipment Market, HVAC Rental Equipment Market Trend

See Campaign: https://www.reportsanddata.com/report-detail/hvac-rental-equipment-market
Contact Information:

John W

Head of Business Development

40 Wall St. 28th floor New York City

NY 10005 United States

Direct Line: +1-212-710-1370

Reports and Data | Web: www.reportsanddata.com

Tags:
PR-Wirein, Reportedtimes, Menafn, iCN Internal Distribution, Research Newswire, English