2022 NORTH AMERICAN PUMP EQUIPMENT: OEM AND RENTAL MARKETS

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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.

[Published September 2022]

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:

  1. 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.

  2. 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
  • Market Data
  • Quotes by Industry Participants
  • Market Share Analysis
  • Market Trends 

Companies Featured: 

Major rental market participants include: Sunbelt Rentals, United Rentals, Xylem Inc. (Godwin), Rain for Rent, and HERC Rentals Inc., Global Pumps, Mersino Equipment Rental, MacAllister Machinery Company, Inc., and Moving Water Industries (MWI Pumps), among others.

Major OEM market participants include: Flowserve Corporation, Xylem Inc., Sulzer Ltd., ITT Gould Pumps, KSB, Wilo, Gundfos, EBARA International Corporation, Gorman-Rupp Pumps, and Pentair, among others. 

 

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