MICE, Travel & Hospitality Indirect · Indirect
Monitoring · monthlyProcurement Category Intelligence
AV Equipment Rental - Events
Overview
Market size
$18,200
global, USD
CAGR
7.5%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$26128
What changed
Demand by region
North America demand45%
Europe demand25%
Asia Pacific demand18%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Specialized technician and crew labor40%
Equipment depreciation and technology lifecycle maintenance25%
Logistics, transport, and freight fuel15%
Warehouse overhead, facility utility, and storage10%
Liability insurance and commercial licensing10%
share of delivered cost (analyst estimate)