SAN ANTONIO, July 29, 2014 /PRNewswire/ -- Natural disasters, building system failures, planned maintenance, repairs and equipment replacement impacts the normal operation of an organization's ability to function properly. Every company and organization needs to include an HVAC contingency plan as part of its comprehensive crisis-response strategy to avert such situations. Leading HVAC rental service companies provide their customers with a wide range of new, state of the art HVAC equipment.
The rental HVAC equipment market is valued at over $550 million. The market is expected to show continued growth with the recovering economy, GDP growth and new building construction. Growth in this market is also expected due to the shift in end-user preference of renting equipment, rather than purchasing it. The HVAC rental market is expected to rise at a fast pace as customers increasingly discover the benefits of renting equipment.
The top seven market participants made up an almost 80 percent of the market in 2013. The remaining 20 percent of the market consists of smaller regional companies. Most of the demand for rental HVAC equipment in 2013 came from the industrial, manufacturing and commercial sector.
The key companies in this market include: Aggreko, United Rentals, Inc., Sunbelt Rentals, Inc., Rental Solutions- Johnson Controls Inc., Carrier Rental Systems, Inc. and Trane Rental Services.
This report provides an overview of the rental HVAC equipment market in the United States. The report captures the growth drivers, restraints, revenue forecasts, trends, market landscape, and supplier landscape and provides strategic recommendations.
This study has solely focused on the rental HVAC equipment market in US. It has not focused on rental power/generator, rental equipment, rental fleet, etc.
The base year of the study is 2013 and revenue forecasts are provided up to 2020. A copy of the US- Rental HVAC Equipment Market: research report can be obtained at www.verifymarkets.com.
Contact: Haley Rico
Phone: 210-595-9687
Email: haley@verifymarkets.com
SOURCE Verify Markets
