The American Rental Association (ARA) has forecasted the U.S. construction equipment rental industry to grow to almost $60 billion by 2021. Growth is forecasted in Canada as well, with the ARA predicting an increase in valuation to $6.11 billion by 2021.
This growth can be attributed to an increase in construction activity in North America, including growth in commercial, industrial, and residential development, as well as an increase in government spending on infrastructure upgrades and development. With this increase in construction, many businesses are opting for rental equipment, choosing a short-term rental cost over a more significant investment.
Benefits To Renting An Air Compressor
When deciding to buy or rent your equipment, there are many factors to consider, which we go over in a previous article, Growth Opportunities in the Rental Market.
In the right situation, choosing to rent your equipment instead of buying can positively impact your bottom line. Rentals offer lower maintenance, operating and insurance costs, as well as a lower initial investment. In addition, choosing to rent an air compressor will often allow you to have access to the newest and most specialized equipment for your specific application.
The VMAC G30 Enters The Rental Market
Newly released to the rental market, the VMAC G30 Gas Engine Driven Air Compressor offers a lightweight, compact, powerful, and affordable solution businesses will be sure to appreciate.
The VMAC G30 rotary screw air compressor weighs just 205 lbs, and is 50% smaller than comparable reciprocating air compressors, making it perfect for mobile applications. It is powerful, producing up to 30 CFM at 100% duty cycle—operators will not need a bulky air receiver tank, nor will they have to wait for air pressure to build. Those interested in renting will be pleased to note the VMAC G30 is priced to be the most affordable gas driven rotary screw air compressor available, which translates to lower rental cost.