AOTO Electronics Co. Ltd., launched the “Rental Design LED Panel-SW Series’. It is specially designed for renting purposes and can be used as in indoor or outdoor screen stage for events, theatre, trade shows, and more to provide the perfect visual backdrop.
Aaron’s Company Inc., an US based company that leases and retail sales of electronics, home appliances, and furniture had acquired BrandsMart USA for 230 million. This strengthens and expands Aaron’s high-quality products at an affordable cost price.
Author Credits: Parul Atri
Report ID: 1801
Published Date: Nov 08, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of appliances rental is assessed at USD 79.37 billion.
The appliances rental market size was valued at USD 72.68 billion in 2024 and is likely to cross USD 299.22 billion by 2037, registering more than 11.5% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for hi-tech and smart residential and non-residential industries will drive the market growth.
Asia Pacific industry is poised to hold largest revenue share of 43% by 2037, impelled by frequent change in employment locations in the region.
The major players in the market include SmartSource Inc., Flex IT Rent BV, GSE Audiovisual Inc., Aaron’s Company Inc., Radio Rentals, Red Cherry Computer Rentals, Rent-A-Center, Electro Rent Corp., Cityfurnish, Rent One, American Rental, AOTO Electronics Co. Ltd.