The construction equipment rental market is projected to reach value of USD 135.7 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market is attributable to availability of numerous rental options a firm can have to fill the void during outages and give required flexible options that supports logistics and finance.
The Global Construction Equipment Rental Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.
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Global Construction Equipment Rental Market – Overview:
The latest market intelligence report, titled ‘Global Construction Equipment Rental Market’, is intended to provide the target audience with the necessary information about the global Construction Equipment Rental industry. The report comprises a detailed analysis of the vital elements of the Construction Equipment Rental market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.
Further Key Findings from the Report Suggest:
- In March 2019, Cooper Equipment Rentals announced the purchase of Prime Rentals, an equipment rental company located in Canada. This investment helped the acquirer to expand its business in South Alberta.
- In 2019, Siddha Group initiated the use of new construction technologies such as Precast, PEB, and Drywall in its works to secure a better output
- The market in Asia Pacific is expected to expand at the highest CAGR of 4.5% from 2020 to 2027. The region is likely to continue its dominance in the global construction equipment rental market in terms of both usage and manufacturing throughout the forecast period.
The key players in the market are adopting various strategies such as mergers and acquisitions, product launches, partnerships, collaborations and brand promotions to retain their market position and enhance their product base. The report also sheds light on the market players in the global Construction Equipment Rental Market with important details about each market player such as its global position, financial standing, production and manufacturing capacity, license agreement, and business expansion plans.
Key Companies in the market include: Loxam Group, United Rentals, Inc., Mtandt Rentals Limited, Cramo PLC., Nesco Rentals, The Hertz Corporation, Boels Rentals, Unirent LLC, Caterpillar Inc., and Ahern Rentals, Inc.
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The primary aim of the report is to offer precise information to the readers and investor and help them invest after understanding the market dynamics at glance. The report offers in depth information about the competitive landscape of the global Construction Equipment Rental Market with extensive profiling of each market player with its global position, financial standing, business expansion plans, and license agreement.
The report sheds light on the region expected to dominate the Construction Equipment Rental market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Construction Equipment Rental market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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For the purpose of this report, Emergen Research has segmented the global construction equipment rental market based on equipment type, product type, application, and region as follows:
- Equipment TypeOutlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
- Material Handling
- Road Building
- Product Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
- Crawler Dozers
- Concrete Pumps
- Application Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
- Real Estate
- Commercial Estate
- Transport Power & Energy Infrastructure
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Table of Content
Chapter 1. Methodology & Sources
1.1. Construction Equipment Rental Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Construction Equipment Rental Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Construction Equipment Rental Market Segmentation & Impact Analysis
4.1. Construction Equipment Rental Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Construction Equipment Rental Market indicators analysis
4.2.2. Construction Equipment Rental Market drivers analysis
Key Questions Answered in the Report:
- What is the growth rate of the Construction Equipment Rental market? What is the anticipated market valuation of Construction Equipment Rental industry by 2028?
- What are the key growth driving and restraining factors of the Construction Equipment Rental market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Construction Equipment Rental industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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