Selected research
Industry Research
Oil and Gas Equipment Rental Industry Research Report 2026
Market perspective
The global Oil and Gas Equipment Rental market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Oil and Gas Equipment Rental market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Oil and Gas Equipment Rental market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Oil and Gas Equipment Rental market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Oil and Gas Equipment Rental include Aquaterra Energy, Benoit Rentals, Byrne Oilfield Rentals, ChampionX, Diamond T Services, Ensign Energy, Grady Rentals, Halliburton and Herc Rentals, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Oil and Gas Equipment Rental market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Oil and Gas Equipment Rental.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Oil and Gas Equipment Rental Market by Company
Aquaterra Energy
Benoit Rentals
Byrne Oilfield Rentals
ChampionX
Diamond T Services
Ensign Energy
Grady Rentals
Halliburton
Herc Rentals
Precision Drilling
Stingray Energy Services
Sunbelt Rentals Oil & Gas Services
Tasman
Tiger Industrial Rentals
Oil and Gas Equipment Rental Segment by Type
Drilling Equipment
Valves & Pumps
Oil & Gas Separation Equipment
Oil & Gas Storage Equipment
Other
Oil and Gas Equipment Rental Segment by Application
Oil & Gas Upstream
Oil & Gas Midstream
Oil & Gas Downstream
Oil and Gas Equipment Rental Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Oil and Gas Equipment Rental market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Oil and Gas Equipment Rental and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Oil and Gas Equipment Rental.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Oil and Gas Equipment Rental companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Drilling Equipment
- Valves & Pumps
- Oil & Gas Separation Equipment
- Oil & Gas Storage Equipment
- Other
Applications
- Oil & Gas Upstream
- Oil & Gas Midstream
- Oil & Gas Downstream
Companies covered
- Aquaterra Energy
- Benoit Rentals
- Byrne Oilfield Rentals
- ChampionX
- Diamond T Services
- Ensign Energy
- Grady Rentals
- Halliburton
- Herc Rentals
- Precision Drilling
- Stingray Energy Services
- Sunbelt Rentals Oil & Gas Services
- Tasman
- Tiger Industrial Rentals
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Oil and Gas Equipment Rental by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Drilling Equipment
- 2.2.3 Valves & Pumps
- 2.2.4 Oil & Gas Separation Equipment
- 2.2.5 Oil & Gas Storage Equipment
- 2.2.6 Other
- 2.3 Oil and Gas Equipment Rental by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Oil & Gas Upstream
- 2.3.3 Oil & Gas Midstream
- 2.3.4 Oil & Gas Downstream
- 2.4 Assumptions and Limitations
3 Oil and Gas Equipment Rental Breakdown Data by Type
- 3.1 Global Oil and Gas Equipment Rental Historic Market Size by Type (2021-2026)
- 3.2 Global Oil and Gas Equipment Rental Forecasted Market Size by Type (2027-2032)
4 Oil and Gas Equipment Rental Breakdown Data by Application
- 4.1 Global Oil and Gas Equipment Rental Historic Market Size by Application (2021-2026)
- 4.2 Global Oil and Gas Equipment Rental Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Oil and Gas Equipment Rental Market Perspective (2021-2032)
- 5.2 Global Oil and Gas Equipment Rental Growth Trends by Region
- 5.2.1 Global Oil and Gas Equipment Rental Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Oil and Gas Equipment Rental Historic Market Size by Region (2021-2026)
- 5.2.3 Oil and Gas Equipment Rental Forecasted Market Size by Region (2027-2032)
- 5.3 Oil and Gas Equipment Rental Market Dynamics
- 5.3.1 Oil and Gas Equipment Rental Industry Trends
- 5.3.2 Oil and Gas Equipment Rental Market Drivers
- 5.3.3 Oil and Gas Equipment Rental Market Challenges
- 5.3.4 Oil and Gas Equipment Rental Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Oil and Gas Equipment Rental Players by Revenue
- 6.1.1 Global Top Oil and Gas Equipment Rental Players by Revenue (2021-2026)
- 6.1.2 Global Oil and Gas Equipment Rental Revenue Market Share by Players (2021-2026)
- 6.2 Global Oil and Gas Equipment Rental Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Oil and Gas Equipment Rental Head Office and Area Served
- 6.4 Global Oil and Gas Equipment Rental Players, Product Type & Application
- 6.5 Global Oil and Gas Equipment Rental Manufacturers Established Date
- 6.6 Global Oil and Gas Equipment Rental Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Oil and Gas Equipment Rental Market Size (2021-2032)
- 7.2 North America Oil and Gas Equipment Rental Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Oil and Gas Equipment Rental Market Size by Country (2021-2026)
- 7.4 North America Oil and Gas Equipment Rental Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Oil and Gas Equipment Rental Market Size (2021-2032)
- 8.2 Europe Oil and Gas Equipment Rental Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Oil and Gas Equipment Rental Market Size by Country (2021-2026)
- 8.4 Europe Oil and Gas Equipment Rental Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Oil and Gas Equipment Rental Market Size (2021-2032)
- 9.2 Asia-Pacific Oil and Gas Equipment Rental Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Oil and Gas Equipment Rental Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Oil and Gas Equipment Rental Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Oil and Gas Equipment Rental Market Size (2021-2032)
- 10.2 South America Oil and Gas Equipment Rental Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Oil and Gas Equipment Rental Market Size by Country (2021-2026)
- 10.4 South America Oil and Gas Equipment Rental Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Oil and Gas Equipment Rental Market Size (2021-2032)
- 11.2 Middle East & Africa Oil and Gas Equipment Rental Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Oil and Gas Equipment Rental Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Oil and Gas Equipment Rental Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Aquaterra Energy
- 12.1.1 Aquaterra Energy Company Information
- 12.1.2 Aquaterra Energy Business Overview
- 12.1.3 Aquaterra Energy Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.1.4 Aquaterra Energy Oil and Gas Equipment Rental Product Portfolio
- 12.1.5 Aquaterra Energy Recent Developments
- 12.2 Benoit Rentals
- 12.2.1 Benoit Rentals Company Information
- 12.2.2 Benoit Rentals Business Overview
- 12.2.3 Benoit Rentals Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.2.4 Benoit Rentals Oil and Gas Equipment Rental Product Portfolio
- 12.2.5 Benoit Rentals Recent Developments
- 12.3 Byrne Oilfield Rentals
- 12.3.1 Byrne Oilfield Rentals Company Information
- 12.3.2 Byrne Oilfield Rentals Business Overview
- 12.3.3 Byrne Oilfield Rentals Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.3.4 Byrne Oilfield Rentals Oil and Gas Equipment Rental Product Portfolio
- 12.3.5 Byrne Oilfield Rentals Recent Developments
- 12.4 ChampionX
- 12.4.1 ChampionX Company Information
- 12.4.2 ChampionX Business Overview
- 12.4.3 ChampionX Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.4.4 ChampionX Oil and Gas Equipment Rental Product Portfolio
- 12.4.5 ChampionX Recent Developments
- 12.5 Diamond T Services
- 12.5.1 Diamond T Services Company Information
- 12.5.2 Diamond T Services Business Overview
- 12.5.3 Diamond T Services Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.5.4 Diamond T Services Oil and Gas Equipment Rental Product Portfolio
- 12.5.5 Diamond T Services Recent Developments
- 12.6 Ensign Energy
- 12.6.1 Ensign Energy Company Information
- 12.6.2 Ensign Energy Business Overview
- 12.6.3 Ensign Energy Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.6.4 Ensign Energy Oil and Gas Equipment Rental Product Portfolio
- 12.6.5 Ensign Energy Recent Developments
- 12.7 Grady Rentals
- 12.7.1 Grady Rentals Company Information
- 12.7.2 Grady Rentals Business Overview
- 12.7.3 Grady Rentals Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.7.4 Grady Rentals Oil and Gas Equipment Rental Product Portfolio
- 12.7.5 Grady Rentals Recent Developments
- 12.8 Halliburton
- 12.8.1 Halliburton Company Information
- 12.8.2 Halliburton Business Overview
- 12.8.3 Halliburton Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.8.4 Halliburton Oil and Gas Equipment Rental Product Portfolio
- 12.8.5 Halliburton Recent Developments
- 12.9 Herc Rentals
- 12.9.1 Herc Rentals Company Information
- 12.9.2 Herc Rentals Business Overview
- 12.9.3 Herc Rentals Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.9.4 Herc Rentals Oil and Gas Equipment Rental Product Portfolio
- 12.9.5 Herc Rentals Recent Developments
- 12.10 Precision Drilling
- 12.10.1 Precision Drilling Company Information
- 12.10.2 Precision Drilling Business Overview
- 12.10.3 Precision Drilling Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.10.4 Precision Drilling Oil and Gas Equipment Rental Product Portfolio
- 12.10.5 Precision Drilling Recent Developments
- 12.11 Stingray Energy Services
- 12.11.1 Stingray Energy Services Company Information
- 12.11.2 Stingray Energy Services Business Overview
- 12.11.3 Stingray Energy Services Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.11.4 Stingray Energy Services Oil and Gas Equipment Rental Product Portfolio
- 12.11.5 Stingray Energy Services Recent Developments
- 12.12 Sunbelt Rentals Oil & Gas Services
- 12.12.1 Sunbelt Rentals Oil & Gas Services Company Information
- 12.12.2 Sunbelt Rentals Oil & Gas Services Business Overview
- 12.12.3 Sunbelt Rentals Oil & Gas Services Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.12.4 Sunbelt Rentals Oil & Gas Services Oil and Gas Equipment Rental Product Portfolio
- 12.12.5 Sunbelt Rentals Oil & Gas Services Recent Developments
- 12.13 Tasman
- 12.13.1 Tasman Company Information
- 12.13.2 Tasman Business Overview
- 12.13.3 Tasman Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.13.4 Tasman Oil and Gas Equipment Rental Product Portfolio
- 12.13.5 Tasman Recent Developments
- 12.14 Tiger Industrial Rentals
- 12.14.1 Tiger Industrial Rentals Company Information
- 12.14.2 Tiger Industrial Rentals Business Overview
- 12.14.3 Tiger Industrial Rentals Revenue in Oil and Gas Equipment Rental Business (2021-2026)
- 12.14.4 Tiger Industrial Rentals Oil and Gas Equipment Rental Product Portfolio
- 12.14.5 Tiger Industrial Rentals Recent Developments
13 Report Conclusion
14 Disclaimer
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