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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Middle East Oil Free Compressor Rental Market Outlook
The Middle East oil free compressor rental market size is projected to grow at a CAGR of 4.80% between 2024 and 2032. The market is being aided by the growing end-use sectors in the region and the increasing demand for oil free compressors to offer optimal air supply.
Key Trends in the Market
Oil free compressor is equipment which uses various technologies to provide oil-free air supply to various end users. Oil free compressor rental refers to leasing the equipment for a specific time in return for money.
- Oil free compressors play a crucial role in the medical and pharmaceutical sectors in supplying clean, dry, and contaminant-free compressor air for manufacturing ventilators, facilitating dental surgeries, and producing capsules, tablets, ointments, and gels. Hence, the robust growth of the pharmaceutical sector is fuelling the Middle East oil free compressor rental market growth.
- The dynamic growth and evolution of the food and beverage sector of strong economies such as the UAE are escalating the demand for oil-free compressors to ensure the proper quality of food products.
- The growing research and development activities aimed towards producing low-emission and environment-friendly oil-free compressors, built with state-of-art exhaust air treatment systems are the crucial Middle East oil free compressor rental market trends.
Market Analysis
Based on type, the market is segmented into stationary and portable. On the basis of technology, the market is classified into centrifugal compressor, rotary/screw compressor, and piston compressor. By flow range, the market is categorised into up to 800 (CFM), 801-1250 (CFM), and 1251-1600 (CFM), among others.
Based on application, the Middle East oil free compressor rental market segmentations include medical and pharmaceutical, food and beverage, chemical, power generation, electronics, and automotive, among others. The major countries in the market for Middle East oil free compressor include Saudi Arabia, the United Arab Emirates, Turkey, Qatar, Iran, Kuwait, and Oman, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Middle East oil free compressor rental market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Atlas Copco AB
- Access Hire Middle East LLC
- Quality Equipment Rental (QER)
- Byrne Equipment Rental
- Kaeser Compressors, Inc.
- The Cat Rental Store (Caterpillar)
- Ingersoll Rand
- CKG INTERNATIONAL FZC
- Others
Market Share by Type
Portable compressors account for a significant portion of the Middle East oil free compressor rental market share. Portable oil free compressors are easy to move, generate less noise compared to stationary compressors, boast high torque and power, and require less time for transportation between work sites.
In addition, innovative oil portable free compressors offer minimal downtime, which enables the equipment to run with maximum efficiency during continuous operation. This factor is expected to escalate the product’s rental demand in various sectors in the Middle East in the forecast period.
Market Share by Technology
As per the Middle East oil free compressor rental market analysis, centrifugal oil-free compressors are projected to witness a steady growth in the forecast period. This can be attributed to the several advantages offered by this type of compressor, including low weight, easy designability, the presence of fewer rubbing parts, high airflow rate, and excellent energy efficiency. Moreover, these compressors are reliable and easy to maintain, further boosting their rental demand in the Middle Eastern countries.
Competitive Landscape
Atlas Copco AB is a multinational industrial company which provides solutions related to compressor technique, industrial air, oil-free air, gas and process, and medical gas, among others. The product portfolio of this company also includes generators, pumps, and power tools, among others.
Access Hire Middle East LLC is an equipment rental company which offers access hire, material handling, and oil and gas equipment, among others. The product portfolio of this company includes scissor lifts, telescopic boom lifts, telehandlers, and forklifts, among others.
Quality Equipment Rental (QER) is a leading rental company which provides various equipment on rent, such as generators, bulldozers, aerial platforms, spider lifts, rollers, motor graders, and boom trucks, among others.
Other Middle East oil free compressor rental market players include Byrne Equipment Rental, Kaeser Compressors, Inc., The Cat Rental Store (Caterpillar), Ingersoll Rand, and CKG INTERNATIONAL FZC, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Flow Range |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 4.80% between 2024 and 2032.
The thriving healthcare sector of the Middle East and the dynamic growth and evolution of the food and beverage sector are the major drivers of the market.
The key trends in the market include the growing research and development activities aimed towards producing low-emission and environment-friendly oil free compressors and the growing demand for portable oil free compressors.
The major countries included in the market report are Saudi Arabia, United Arab Emirates, Turkey, Qatar, Iran, Kuwait, and Oman, among others.
Stationary and portable are the different types of oil free compressors.
Centrifugal compressor, rotary/screw compressor, and piston compressor are the major technologies included in the market report.
The various applications of the product are medical and pharmaceutical, food and beverage, chemical, power generation, electronics, and automotive, among others.
Atlas Copco AB, Access Hire Middle East LLC, Quality Equipment Rental (QER), Byrne Equipment Rental, Kaeser Compressors, Inc., The Cat Rental Store (Caterpillar), Ingersoll Rand, and CKG INTERNATIONAL FZC, among others, are the key market players.
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