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Dec 20, 2022
The North American Pump Equipment: OEM and Rental Markets is projected to grow over 7.0% in 2022. The market is expected to be driven by increasing oil & gas prices, population and urbanization growth, the consequential increase in residential and non-residential construction activities, and water and wastewater infrastructure expansions and upgrades. Revenues derived from pump equipment rental were estimated to be over $1.5 billion in 2021 and reach over $2.5 billion in 2028. Sales of new pump equipment were estimated to be over $2.0 billion in 2021 and are expected to grow at a CAGR of over 3.0% from 2021 to 2028. This study aims to provide a detailed analysis of the North American Pump Equipment Market along with qualitative trends for the year 2021. The market numbers included in this report represent revenues generated by companies operating in the pump equipment market in the United States and Canada, both manufacturing and rental. The base year for the study is 2021 and the forecast period is from 2021 until 2028. The report captures the growth drivers, restraints, market trends, market share by revenue, and the competitive supplier landscape. The North American Pump Equipment: OEM and Rental Markets are mature and competitive with the presence of local, regional, and national market participants trying to gain market share and maintain a foothold in the market. The market is projected to experience moderate growth during the next seven years driven by growing urbanization, an increase in long-term construction activities, and upgrades to water and wastewater infrastructure. Rental pump equipment is defined as a portable unit system that typically consists of a pump, engine, and other operating components assembled on a skid, trailer, or cage. The pump rental market can be mainly divided into two segments based on the type of rental contract: Transactional model: A temporary contract where the rental company offers the equipment at a fixed price and provides basic services such as regular on-site service, maintenance, and 24/7 technical support. Project Solutions A medium to long-term contract where the rental company provides the equipment as well as piping systems and the labor associated with rental activities, including job-site system design, delivery/setup, equipment monitoring/maintenance, and deconstruction/equipment pickup at the end of the job. This study captures the following information: Market Size, Growth Rate, Revenue Forecasts (2021-2028) Growth Drivers and Restraints a. Pump equipment by size (0-4 inches, 4-8 inches, 8-12 inches, more than 12 inches) b. Pump equipment by type: characteristics and common applications ii. Pump Equipment Rental Market a. Pump equipment rental market revenues (2021-2028) b. Pump equipment rental market revenues by end user, 2021 (municipality, construction, oil & gas, industrial, mining, others) c. Pump equipment rental market revenues by end user, est. 2028 (municipality, construction, oil & gas, industrial, mining, others) iii. Pump Equipment Manufacturing Market a. Pump equipment rental market revenues (2021-2028) b. Pump equipment rental market revenues by end user, 2021 (municipality, construction, oil & gas, industrial, mining, others) c. Pump equipment rental market revenues by end user, est. 2028 (municipality, construction, oil & gas, industrial, mining, others) d. Pump equipment rental market revenues by type, 2021 (pumps, aftersale parts, services, accessories) e. Pump equipment rental retrofit vs. new construction VIII. Competitive Landscape b. Pump equipment manufacturing market share by company, 2021 c. Competitive factors Companies Mentioned
Rain for Rent Frequently Asked Questions (FAQ)
Where is Rain for Rent's headquarters?
Rain for Rent's headquarters is located at 3404 State Road, Bakersfield.
Who are Rain for Rent's competitors?
Competitors of Rain for Rent include Germfree and 4 more.
Compare Rain for Rent to Competitors
Lance Rental is a service-oriented business specializing in renting shoring, pumping, and filtration equipment. It was founded in 2008 and is based in Houston, Texas.
Germfree is a manufacturing company. The company manufactures and designs a comprehensive line of barrier systems for aseptic control and containment, as well as mobile and modular cGMP facilities. The company offers advanced solutions to maintain cGMP processes and production for a variety of biopharmaceutical applications. The company was founded in 1962 and is based in Ormond Beach, Florida.
Housing Headquarters is a provider of emergency relocation services for the insurance industry. The company offers access to the temporary housing accommodations market, places policyholders in hotels and temporary housing facilities after they have experienced an insured incident that makes their homes unlivable, and coordinates move-in and move-out procedures. It was founded in 1997 and is based in Vernon Hills, Illinois.
Water Intelligence (LON: WATR) is an environmental services and technology company. It offers a range of services such as leak detection and repair, sewer flood prevention and monitoring, sewer surveys, and more. It was formerly known as Qonnectis. It was founded in 1974 and is based in London, United Kingdom.
McGrath (Nasdaq: MGRC) is a company that provides business-to-business rental services. It rents and sells relocatable modular buildings, storage containers and offices, electronic test equipment, and liquid and solid containment tanks and boxes. The company was founded in 1979 and is based in Livermore, California.
Tetra Tech (NASDAQ: TTEK) provides consulting, engineering, program management, construction management, and technical services. It offers solutions for water, the environment, energy, infrastructure, and natural resources. The company was founded in 1966 and is based in Pasadena, California.