Global HVAC Rental Equipment Market 2024-2028

Global Hvac Rental Equipment Market 2024-2028


The hvac rental equipment market is forecasted to grow by USD 1993.2 mn during 2023-2028, accelerating at a CAGR of 5.8% during the forecast period. The report on the hvac rental equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of cleanrooms across industries, rising number of data centers, and enforcement of favorable regulations driving hvac equipment rental market.

Technavio's hvac rental equipment market is segmented as below:

By End-user
  • Industrial
  • Commercial
  • Residential
By Type
  • Air conditioning
  • Heating
  • Ventilation
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the use of energy-efficient hvac solutions as one of the prime reasons driving the hvac rental equipment market growth during the next few years. Also, growing adoption of industry 4.0 and rising demand from end-user industries that use hvac rental equipment will lead to sizable demand in the market.

The report on the hvac rental equipment market covers the following areas:
  • Hvac rental equipment market sizing
  • Hvac rental equipment market forecast
  • Hvac rental equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hvac rental equipment market vendors that include 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.. Also, the hvac rental equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global HVAC Rental Equipment Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global HVAC Rental Equipment Market 2018 - 2022 ($ million)
    • End-user segment analysis 2018 - 2022
    • Type segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Industrial - Market size and forecast 2023-2028
      • Table Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • Commercial - Market size and forecast 2023-2028
      • Table Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • Residential - Market size and forecast 2023-2028
      • Table Data Table on Residential - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Type
    • Market segments
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Data Table on Comparison by Type
    • Air conditioning - Market size and forecast 2023-2028
      • Table Data Table on Air conditioning - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Air conditioning - Year-over-year growth 2023-2028 (%)
    • Heating - Market size and forecast 2023-2028
      • Table Data Table on Heating - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Heating - Year-over-year growth 2023-2028 (%)
    • Ventilation - Market size and forecast 2023-2028
      • Table Data Table on Ventilation - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Ventilation - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Data Table on Market opportunity by Type ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Italy - Market size and forecast 2023-2028
      • Table Data Table on Italy - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Growing adoption of cleanrooms across industries
      • Rising number of data centers
      • Enforcement of favorable regulations driving HVAC equipment rental market
    • Market challenges
      • High initial investments
      • Failure issues in HVAC equipment
      • Regulations pertaining to use of fluorinated greenhouse gases in HVAC equipment
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Use of energy-efficient HVAC solutions
      • Growing adoption of Industry 4.0
      • Rising demand from end-user industries that use HVAC rental equipment
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Aggreko Plc
    • 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.
    • Ingersoll Rand Inc.
    • Johnson Controls International Plc.
    • Trane Technologies Plc
    • United Rentals Inc.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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