HVAC Rental Equipment Market by End-user, Type and Geography - Forecast and Analysis 2023-2027

Published: Sep 2023 Pages: 172 SKU: IRTNTR44021

HVAC Rental Equipment Market Analysis Report 2023 - 2027

The HVAC rental equipment market size is estimated to grow at a CAGR of 5.53% between 2022 and 2027. The market size is forecast to increase by USD 1,799.86 million. The growth of the market depends on several factors, such as the growing adoption of cleanrooms across industries, the rising number of data centers and the enforcement of favorable regulations driving the HVAC equipment rental market. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

This report extensively covers market segmentation by end-user (industrial, commercial, and residential), type (air conditioning, heating, and ventilation), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Size of the HVAC Rental Equipment Market During the Forecast Period?

HVAC Rental Equipment Market Forecast 2023-2027

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HVAC Rental Equipment Market Dynamic

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver - Growing adoption of cleanrooms across industries

A cleanroom is a controlled environment where all environmental conditions such as airborne particulates, air pressure, temperature, humidity, static charges, airflow patterns, motion, and lighting are maintained within strict parameters. Dirt and dust are prevented from adhering to surfaces to ensure that high-quality and reliable electronic and medical end-products are produced within. The demand for cleanrooms is driven by government mandates and the need to enhance the manufacturing process and product quality across various industries. Cleanrooms also have emerging applications in photovoltaic (PV) solar cell manufacturing, fossil fuel exploration, and battery production.

In addition, HVAC systems are crucial to maintaining cleanliness standards in cleanrooms, and their adoption rate has increased in industrial applications that require their use. As a result, the growing adoption of cleanrooms across different industry verticals is expected to drive the growth of the global HVAC rental equipment market during the forecast period.

Trends - Rising demand from end-user industries that use HVAC rental equipment

The global chemical industry is experiencing an upsurge in investments in advanced HVAC equipment for process optimization. Primary end-users that use HVAC rental equipment are chemical, food and beverages, construction, electronics, warehouses, and pharmaceutical industries. To preserve inventories, such as food products, dairy products, and pharmaceutical drugs, which have a short shelf life, refrigerated warehouses are operated at specific temperatures. The major end-users of refrigerated warehouses are the food and pharmaceutical industries. The increase in pharmaceutical sales globally will boost the production of pharmaceutical products. The use of advanced HVAC equipment in warehouses reduces the possibility of contamination.

Moreover, the temperature of cold storage systems needs to be maintained at as low as -31F to preserve items, such as ice cream and sea produce. Without any difficulty, advanced HVAC equipment can efficiently operate for a prolonged period under such conditions. Consequently, the use of advanced HVAC equipment in refrigerated warehouses is increasing, which will drive the growth of the market during the forecast period.

Challenge - High initial investments 

Significant upfront investments are required for acquiring and maintaining HVAC rental equipment. Such investments comprise the purchase of HVAC equipment, setting up the equipment fleet, conducting the necessary inspections, and ensuring compliance with industry standards and regulations. The significant initial capital outlay can be a financial burden, particularly for small and medium-sized rental companies. Over time, HVAC equipment depreciates owing to wear and tear, technological advancements, and changing market preferences. Such depreciation influences the resale value of HVAC equipment and affects decisions about fleet renewal and equipment retirement.

However, cash flow shortages can affect the ability of the business to provide timely services to customers. Allocating resources for such expenses while managing the initial investments can be a juggling act that may be hard to sustain, which will adversely affect the growth of the market during the forecast period.

HVAC Rental Equipment Market Segmentation by End-user, Type, Region

End-user Segment Analysis:

The market share growth by the industrial segment will be significant during the forecast period. Because of the increasing investments in the food and beverages, pharmaceutical, oil and gas, mining, and power industries, the segment is anticipated to dominate the air conditioning (HVAC) rental equipment market. The investments include the expenditure on industrial HVAC that makes industrial processes efficient. The need for efficiency, speed, and security to carry out operations efficiently in the various industrial end-user sectors is growing worldwide. 

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The industrial segment was the largest and was valued at USD 2,596.93 million in 2017. Various industries, including oil and gas, metal processing, chemical and petrochemical, and construction, make significant contributions to the HVAC rental equipment market. Industries such as oil and gas have a higher risk of explosion due to the presence of gases, fumes, dust, and mist, which can ignite and cause explosions. To maintain standard air quality and heating produced from machines construction sites use air coolers, ventilation, and dust extraction equipment. With the increase in construction activities, there is a growing demand for HVAC equipment rentals worldwide. As a result, the industrial segment's high use of HVAC equipment will drive market growth during the forecast period.

Type Segment Analysis:

Based on type, the market has been segmented into air conditioning, heating, and ventilation. The air conditioning segment will account for the largest share of this segment.? Air conditioning is an essential part of HVAC systems. It plays a crucial role in maintaining a comfortable indoor temperature for various end-users in residential, commercial, and industrial settings. Air conditioning systems may unexpectedly experience breakdowns or failures. In such cases, rental air conditioning units can provide interim solutions while repairs or replacements are carried out. Renting HVAC equipment, including air conditioning units, offers industrial and residential end-users the flexibility to address specific cooling needs without making a significant upfront investment. This cost-effective approach aligns with the budget constraints faced by various end customers. As a result, these factors will contribute to the growth of the air conditioning segment and propel the market's growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 55% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The highest contributing region in the air conditioning rental equipment market is APAC, and it's expected to remain the same throughout the forecast period. The demand for HVAC rental equipment in APAC is driven by an increase in infrastructure spending in commercial projects.

Moreover, the commercial real estate sector, which is a significant contributor to the HVAC rental equipment market in APAC, is seeing increased spending due to the positive economic scenario in many emerging economies such as India, China, Vietnam, and the Philippines. The top three countries contributing to the global HVAC rental equipment market in APAC are China, Japan, and India. The real estate sector's growth, thanks to the rising number of smart city projects in Asia, is augmenting the demand for HVAC rental equipment in the region.

In addition, the rise in demand for HVAC from the food and beverage industry is supporting the regional market. The growing population is leading to an increase in the consumption of food products, which is encouraging manufacturers operating in the food and beverage industry to open new plants in APAC countries. This increase in the food and beverage industry will also lead to an increase in demand for HVAC systems, thereby propelling the growth of the HVAC rental equipment market in APAC during the forecast period

The outbreak of COVID-19 adversely affected many countries in the region. However, the launch of large-scale vaccination campaigns led to the lifting of lockdown restrictions in 2021. This helped in the restoration of supply chains and the resurgence in demand for HVAC rental equipment from commercial buildings such as offices. Thus, the restoration of the supply chain and a growth in the demand for HVAC rental equipment from commercial buildings will fuel the growth of the regional market during the forecast period.

Who are the Major HVAC Rental Equipment Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aggreko Plc - The company offers HVAC rental equipment products such as 200 kw chiller, 350 kw diesel heater, 50 kw low-temperature chiller, and 250 kw boiler.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Aggreko Plc, Air on Location Inc., AIR SOLUTIONS, Andrews Sykes Group Plc, Ashtead Group Plc, Big Ten Rentals, Brookfield Business Partners LP, Carrier Global Corp., Caterpillar Inc., City Air Toronto Air Conditioning and Heating, Entech Sales and Service LLC, Gal Power Systems, Herc Holdings Inc., HVAC Rentals, Ingersoll Rand Inc., Johnson Controls International Plc, Reliance Comfort Ltd., TK Rentals Sdn Bhd, Trane Technologies Plc, and United Rentals Inc.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The HVAC rental equipment market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Industrial
    • Commercial
    • Residential
  • Type Outlook (USD Million, 2017 - 2027)
    • Air conditioning
    • Heating
    • Ventilation
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

HVAC Rental Equipment Market Scope

Report Coverage

Details

Page number

172

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.53%

Market growth 2023-2027

USD 1,799.86 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.06

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 55%

Key countries

US, China, India, Germany, and Italy

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Aggreko Plc, Air on Location Inc., AIR SOLUTIONS, Andrews Sykes Group Plc, Ashtead Group Plc, Big Ten Rentals, Brookfield Business Partners LP, Carrier Global Corp., Caterpillar Inc., City Air Toronto Air Conditioning and Heating, Entech Sales and Service LLC, Gal Power Systems, Herc Holdings Inc., HVAC Rentals, Ingersoll Rand Inc., Johnson Controls International Plc, Reliance Comfort Ltd., TK Rentals Sdn Bhd, Trane Technologies Plc, and United Rentals Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this HVAC Rental Equipment Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the HVAC rental equipment market between 2023 and 2027
  • Precise estimation of the size of the HVAC rental equipment market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of HVAC rental equipment market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global HVAC rental equipment market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global hvac rental equipment market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Industrial - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 6.5 Residential - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 46: Market opportunity by End-user ($ million)
      • Exhibit 47: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Air conditioning - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Air conditioning - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Air conditioning - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Air conditioning - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Air conditioning - Year-over-year growth 2022-2027 (%)
    • 7.4 Heating - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Heating - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Heating - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Heating - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Heating - Year-over-year growth 2022-2027 (%)
    • 7.5 Ventilation - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Ventilation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Ventilation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Ventilation - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Ventilation - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ million)
      • Exhibit 65: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Italy - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Aggreko Plc
              • Exhibit 119: Aggreko Plc - Overview
              • Exhibit 120: Aggreko Plc - Business segments
              • Exhibit 121: Aggreko Plc - Key news
              • Exhibit 122: Aggreko Plc - Key offerings
              • Exhibit 123: Aggreko Plc - Segment focus
            • 12.4 Andrews Sykes Group Plc
              • Exhibit 124: Andrews Sykes Group Plc - Overview
              • Exhibit 125: Andrews Sykes Group Plc - Product / Service
              • Exhibit 126: Andrews Sykes Group Plc - Key offerings
            • 12.5 Ashtead Group Plc
              • Exhibit 127: Ashtead Group Plc - Overview
              • Exhibit 128: Ashtead Group Plc - Business segments
              • Exhibit 129: Ashtead Group Plc - Key offerings
              • Exhibit 130: Ashtead Group Plc - Segment focus
            • 12.6 Big Ten Rentals
              • Exhibit 131: Big Ten Rentals - Overview
              • Exhibit 132: Big Ten Rentals - Key offerings
            • 12.7 Brookfield Business Partners LP
              • Exhibit 133: Brookfield Business Partners LP - Overview
              • Exhibit 134: Brookfield Business Partners LP - Business segments
              • Exhibit 135: Brookfield Business Partners LP - Key offerings
              • Exhibit 136: Brookfield Business Partners LP - Segment focus
            • 12.8 Carrier Global Corp.
              • Exhibit 137: Carrier Global Corp. - Overview
              • Exhibit 138: Carrier Global Corp. - Business segments
              • Exhibit 139: Carrier Global Corp. - Key news
              • Exhibit 140: Carrier Global Corp. - Key offerings
              • Exhibit 141: Carrier Global Corp. - Segment focus
            • 12.9 Caterpillar Inc.
              • Exhibit 142: Caterpillar Inc. - Overview
              • Exhibit 143: Caterpillar Inc. - Business segments
              • Exhibit 144: Caterpillar Inc. - Key offerings
              • Exhibit 145: Caterpillar Inc. - Segment focus
            • 12.10 City Air Toronto Air Conditioning and Heating
              • Exhibit 146: City Air Toronto Air Conditioning and Heating - Overview
              • Exhibit 147: City Air Toronto Air Conditioning and Heating - Key offerings
            • 12.11 Entech Sales and Service LLC
              • Exhibit 148: Entech Sales and Service LLC - Overview
              • Exhibit 149: Entech Sales and Service LLC - Product / Service
              • Exhibit 150: Entech Sales and Service LLC - Key offerings
            • 12.12 Gal Power Systems
              • Exhibit 151: Gal Power Systems - Overview
              • Exhibit 152: Gal Power Systems - Product / Service
              • Exhibit 153: Gal Power Systems - Key offerings
            • 12.13 Herc Holdings Inc.
              • Exhibit 154: Herc Holdings Inc. - Overview
              • Exhibit 155: Herc Holdings Inc. - Product / Service
              • Exhibit 156: Herc Holdings Inc. - Key offerings
            • 12.14 Ingersoll Rand Inc.
              • Exhibit 157: Ingersoll Rand Inc. - Overview
              • Exhibit 158: Ingersoll Rand Inc. - Business segments
              • Exhibit 159: Ingersoll Rand Inc. - Key offerings
              • Exhibit 160: Ingersoll Rand Inc. - Segment focus
            • 12.15 Johnson Controls International Plc
              • Exhibit 161: Johnson Controls International Plc - Overview
              • Exhibit 162: Johnson Controls International Plc - Business segments
              • Exhibit 163: Johnson Controls International Plc - Key news
              • Exhibit 164: Johnson Controls International Plc - Key offerings
              • Exhibit 165: Johnson Controls International Plc - Segment focus
            • 12.16 Trane Technologies Plc
              • Exhibit 166: Trane Technologies Plc - Overview
              • Exhibit 167: Trane Technologies Plc - Business segments
              • Exhibit 168: Trane Technologies Plc - Key news
              • Exhibit 169: Trane Technologies Plc - Key offerings
              • Exhibit 170: Trane Technologies Plc - Segment focus
            • 12.17 United Rentals Inc.
              • Exhibit 171: United Rentals Inc. - Overview
              • Exhibit 172: United Rentals Inc. - Business segments
              • Exhibit 173: United Rentals Inc. - Key news
              • Exhibit 174: United Rentals Inc. - Key offerings
              • Exhibit 175: United Rentals Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis