According to Fact.MR, a provider of market research and competitive intelligence, the air scrubber rental market is projected to grow from US$ 391.4 million in 2023 to US$ 531.1 million by 2033, at a CAGR of 3.1%, creating an absolute opportunity of US$ 151.5 million.
Air scrubbers, also known as air cleaners, are devices designed to remove pollutants, contaminants, and particles from the air, thereby improving indoor air quality. They are utilized in industrial, commercial, and residential settings to create healthier environments. With increasing awareness about the importance of air quality, the demand for air scrubbers is rising, presenting significant growth opportunities for air scrubber rental service providers during the forecast period.
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Renting is gaining traction as a cost-effective solution for businesses and individuals with short-term needs. Renting air scrubbers allows access to essential equipment without the high costs of purchasing. This approach provides flexibility, enabling users to utilize air scrubbers as needed without long-term financial commitments. Consequently, this trend is creating opportunities for the expansion of rental service providers in the market.
Key Takeaways from Market Study
- The U.S. market for air scrubber rentals is highly lucrative, projected to grow at a CAGR of 3.3% during the forecast period.
- The food & beverage industry is expected to hold a market share of 33.2% in 2023 and grow at a rate of 3.8% during the forecast period.
- The Chinese air scrubber rental market is anticipated to grow at a CAGR of 3.4% during the forecast period.
- The Indian air scrubber rental market is projected to grow at a CAGR of 3.5% during the forecast period, creating an absolute opportunity of US$ 14.3 million.
- The wet air scrubber type is expected to hold a market share of 49.1% in 2023.
“Increasing Demand for Air Scrubbers with the Growing Awareness of Clean Air Importance” says a Fact.MR analyst.
Key Companies Profiled In This Report
- Ashtead Group
- Dynamic Equipment Rentals Ltd.
- BlastOne International
- Discount Equipment
- Herc Rentals
- Sunbelt Rentals
- United Rentals
Market Growth Stratagems
Prominent players operating in the air scrubber rental market are Ashtead Group, Dynamic Equipment Rentals Ltd., BlastOne International, Discount Equipment, Herc Rentals, Sunbelt Rentals, and United Rentals.
Efforts led by market players, such as diversification of rental fleets, strategic partnerships, technological advancements, enhanced customer service, marketing initiatives, sustainability focus, and customized solutions, drive long-term growth in the air scrubber rental market by expanding their reach and delivering comprehensive solutions for effective air pollution control.
Segmentation of Air Scrubber Rental Industry Research Report
- By Type:
- By End Use Industry:
- Food & Beverage
- Metal Processing
- Agriculture
- Construction
- Others
- By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the air scrubber rental market, presenting historical market data (2018–2022) and forecast statistics for the period of 2023–2033.
The study reveals essential insights on the basis of the type (dry, wet, and integrated), end-use industry (Food & Beverage, Metal Processing, Agriculture, Construction, and others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa).
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