North America Rental Air Compressor Market Size, Share & Trends Analysis Report By Rental Type (Short Term Rental, Long Term Rental), By Country (U.S., Canada), And Segment Forecasts, 2025 - 2030
North America Rental Air Compressor Market Size, Share & Trends Analysis Report By Rental Type (Short Term Rental, Long Term Rental), By Country (U.S., Canada), And Segment Forecasts, 2025 - 2030
North America Rental Air Compressor Market Growth & Trends
The North America rental air compressor market size is anticipated to reach USD 1,539.5 million by 2030 and is projected to grow at a CAGR of 6.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market driven growth of the short-term rental segment includes rapid urbanization and the ongoing need for construction and infrastructure development across North America. Construction projects are a major contributor, as contractors often need compressors on-site for a few weeks or months, making rentals a cost-effective and convenient solution. Moreover, industries undergoing maintenance or downtime often rely on short-term rentals to keep operations running smoothly. The flexibility of short-term rentals allows businesses to adjust capacity as needed without the burden of maintaining or storing equipment when it is not in use.
Technological advancements and digitalization are also reshaping the short-term rental landscape. Providers are increasingly offering online platforms for booking, tracking, and managing rental agreements, allowing customers to access the equipment they need with minimal delay. This ease of access, combined with flexible payment options, is helping the short-term rental segment grow rapidly. However, the segment remains susceptible to economic cycles, as fluctuations in industrial activity, construction, and manufacturing can cause sharp increases or decreases in demand
North America Rental Air Compressor Market Report Highlights
Based on rental type, the short term rental segment led the market with the largest revenue share of 67.0% in 2024. This segment is heavily driven by industries such as construction, events, and infrastructure projects, which often require air compressors for short durations. Short-term rentals, typically ranging from a few days to several weeks, offer flexibility to companies needing quick solutions without the long-term investment of purchasing equipment.
One key advantage of long-term rentals is the inclusion of comprehensive service and maintenance packages. Rental providers often offer regular maintenance, repairs, and replacements as part of the contract, ensuring that businesses face minimal downtime and operational interruptions. This allows companies to focus on core operations while the rental provider handles all aspects of equipment performance and upkeep.
In July 2022, OTC Industrial Technologies partnered with Quincy Compressors to expand its operations into the Southwestern U.S., specifically in the cities of Pheonix and Las Vegas in the U.S. This collaboration aims to enhance OTC's market presence and support Quincy’s growth in the region.
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