April 29, 2020 — Global Construction Equipment Rental Market is expected to reach USD 230 billion by 2025. Construction Equipment Rental are the machines designed for constructing earthwork operations on a rental basis. These are termed as heavy-duty vehicles, which are mainly used in construction and mining sites to relocate and transport heavy materials. The Construction Equipment Rental Market is estimated to grow at a significant CAGR of 4.8% over the forecast period as the scope and its applications are rising enormously across the globe.
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Rising tendency of renting heavy construction equipment’s like loaders and excavators, presence of enhanced technological equipment, growing number of construction activities, and growth in infrastructure investment are documented as major factors of Construction Equipment Rental industry that are estimated to enhance the growth in the years to come. Construction Equipment Rental Market is segmented based on product type, material handling, concrete equipment, and region. Compaction equipment, backhoes, loaders, excavators, and other product types could be explored in Construction Equipment Rental in the forecast period.
Bulk material handling equipment, storage and handling equipment, industrial trucks, engineered systems, and another material handling may be explored in Construction Equipment Rental in the forecast period. The market may be categorized based on concrete equipment like batching plants, concrete pumps, asphalt pavers, crushers, transit mixers, and others that could be explored in the forecast period.
Global Construction Equipment Rental Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Construction Equipment Rental Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Construction Equipment Rental Business, Market Share of Product, Application and Regional Scope of Construction Equipment Rental which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.
This report studies the global Construction Equipment Rental market status and forecast, categorizes the global Construction Equipment Rental market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
This research report offers a comprehensive analysis of key elements of the Construction Equipment Rental Market such as potential top key Manufacturers along with their strengths and weaknesses. The Construction Equipment Rental Market report also comprises some useful strategies and scenario for the new players in the market. While forecasting the growth of the global Construction Equipment Rental market, various statistical tools were utilized to get an accurate result of the Demographic data.
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Table of Contents
Chapter 1 Construction Equipment Rental Market Overview
1.1 Construction Equipment Rental Definition
1.2 Construction Equipment Rental Market Size Status and Outlook (2013-2028)
1.3 Global Construction Equipment Rental Market Size Comparison by Region (2013-2028)
1.4 Global Construction Equipment Rental Market Size Comparison by Type (2013-2028)
1.5 Global Construction Equipment Rental Market Size Comparison by Application (2013-2028)
1.6 Global Construction Equipment Rental Market Size Comparison by Sales Channel (2013-2028)
1.7 Construction Equipment Rental Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 Construction Equipment Rental Market Segment Analysis by Player
Chapter 3 Construction Equipment Rental Market Segment Analysis by Type
And Continue…
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Construction Equipment Rental Industry 2021The global Construction Equipment Rental Industry was valued at US$ 79.73 Bn in 2019 and is anticipated to witness a compound annual growth rate of 4.5% over the forecast period.The covid-19 outbreak is expected positively impact the global Construction Equipment Rental Industry.
Lowered risk-taking capacity by construction companies owing to the pandemic is expected to contribute to the growth of the market.High cost associated with the purchase of construction equipment such as heavy down payment, repair and maintenance expense and other adding operational expenses such as licensing, insurance and tax amongst others is influencing the adoption equipment on rental basis, especially among large construction sites.Access Full Report Details and Order this Premium Report @ https://www.absolutemarketsinsights.com/reports/Construction-Equipment-Rental-2019-%E2%80%93-2027-746Major Key Players:Some of the players operating in the global construction equipment market are ACCES INDUSTRIE, Aggreko, AIR AERZEN INTERNATIONAL RENTAL B.V., AKTIO Corporation, Ashtead Group plc, CNH Industrial America LLC, Herc Rentals Inc., Hitachi Construction Machinery Europe NV., KILOUTOU, SAS, LAXYO, LOXAM, Maxim Crane Works, L.P, MCE, Ramirent, Sarens n.v./s.a., Sociam Equipment Solutions Pvt.
Ltd., Speedy Hire Plc, UNIC Cranes Europe, United Rentals, Inc and other market participants.Key findings of the report:Rising investment by government bodies on public infrastructure is expected to contribute towards the market growth.
For instance, according to U.S. Transportation Department database, 37% of bridges across United States requires repair owing to poor condition, which is anticipated to supplement the market growth.This rise in adoption of rental equipment across the construction industry is also influencing the equipment manufacturers to expand their offering portfolio of equipment renting services, in order to cater a larger consumer base.
For instance, MCE (Mahindra Construction Equipment), not only sells its product offerings but also offers them on rental basis to construction companies.North America held the highest market share in global Construction Equipment Rental Industry in 2019.
Asia Pacific is expected to register highest growth rate over the forecast period owing to the increasing constructional activities across developing countries such as India and China amongst others.Market SegmentationBy RegionNorth AmericaEuropeAsia PacificChinaJapanIndiaNew ZealandAustraliaSouth KoreaSoutheast AsiaIndonesiaThailandMalaysiaSingaporeRest of Southeast AsiaRest of Asia PacificMiddle East and AfricaSaudi ArabiaUAEEgyptKuwaitSouth AfricaRest of Middle East & AfricaLatin AmericaBrazilArgentinaRest of Latin America .…Contact us:Shreyas TannaPhone: +91-740-024-2424Absolute Markets InsightsEmail: [email protected]
