About Industrial Pump Rental

The global industrial pump rental market comprises pumps that are procured by industries on a contract basis for a particular period or until the completion of a project. Vendors provide pumps, its machinery, and tools of all kinds and sizes that are required by the end-users for a limited period. Rented pumps are an attractive option for end-users when compared with the outright purchase of new pumps. This is because renting of pumps helps reduce costs and allows end-users to get assistance from pump manufacturing experts in reviewing the condition of pumps on a timely basis.

Technavio’s analysts forecast the global industrial pump rental market to grow at a CAGR of 8.24% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial pump rental market for 2017-2021. To calculate the market size, the report considers sales, replacement, and services market.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Industrial Pump Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Xylem
• MWI
• United Rentals
• Cornell Pump
• Thompson Pump

Other prominent vendors
• Holland Pump
• Integrated Pump Rental
• Selwood
• ACTION
• Global Pump
• Barco Pump
• Tsurumi

Market driver
• Higher flexibility in terms of movement and labor requirements
• For a full, detailed list, view our report

Market challenge
• Renting pumps can be cumbersome for end-users
• For a full, detailed list, view our report

Market trend
• Increasing merger and acquisition activities
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.