Construction Equipment Rental Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2027

Market Size – USD 97.70 Billion in 2019, Market Growth – at a CAGR of 4.1%, Market Trend – High demand from the APAC region.

The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Construction Equipment Rental market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

The growth of this Construction Equipment Rental 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 renting of construction equipment helps capital-intensive companies to expand their business as per their requirement. This, in turn, allows these companies to serve niche markets and bag multiple specialty construction projects.

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Top competitors of the Construction Equipment Rental Market profiled in the report 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.

The research provides answers to the following key questions:

  • What will be the growth rate of the Construction Equipment Rental market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
  • What are challenges and threats faced by the prominent vendors operating in the Construction Equipment Rental market?
  • Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
  • What are the past, present and emerging trends likely to influence the growth rate of the Construction Equipment Rental market for the forecast period, 2018 to 2028?
  • What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?

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SCOPE OF THE REPORT

The study draws a forecast of the growth of the Construction Equipment Rental market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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 Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)

 

  • Earthmoving
  • Material Handling
  • Road Building
  • Concrete

 

Product Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)

  • Excavators
  • Cranes
  • Backhoes
  • Crawler Dozers
  • Concrete Pumps

Application Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)

  • Real Estate
  • Commercial Estate
  • Transport Power Energy Infrastructure
  • Others

 

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America  

 

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