PUBLISHER: Grand View Research | PRODUCT CODE: 1611795
PUBLISHER: Grand View Research | PRODUCT CODE: 1611795
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