Global Construction Equipment Rental Market: Industry Analysis and forecast 2027: Equipment, Product and Region. Global Construction Equipment Rental Market was valued US$ 169.75 Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.
Developments in the infrastructure sector, clubbed with a varied range of advanced construction equipment in rental fleets are anticipated to drive demand for the construction equipment rentals market. Safety and security features such as adaptive cruise control, lane departure warning, and automated break systems ensure driver safety. However, these safety features come at a high price, which is not affordable to many small builders and contractors. Thus, these professionals prefer to rent construction machinery. Safety and security features such as adaptive cruise control, lane departure warning, and automated break systems ensure driver safety. However, these safety features come at a high price, which is not affordable to many small builders and contractors. Thus, these professionals prefer to rent construction machinery. Strict regulations, rising ownership cost and financial constraints are some of the key reasons fueling the construction equipment rental market. The global construction equipment rental market based on product and region. In terms of product, the global construction equipment market is segmented into earthmoving & road
building equipment, material handling & cranes, and concrete equipment. Region wise market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. In terms of product, the earth moving machinery segment dominated the market in 2018. Moreover, the material handling machinery segment is expected to exhibit the XX% CAGR during forecast period. Demand for concrete and road construction machinery are expected to grow at rapid pace over the forecast period. Construction pumps are estimated to gain XX% market share, especially in Middle East and Africa, wherein the trend of building massive infrastructures is high. In terms of region, Asia Pacific is dominated the global construction equipment rental market in 2018. The growth can be attributed to the escalating infrastructure reconstruction activities followed by heavy investments in the construction sector in regions such as China, India, and Japan. Also, the Europe market has less demand for new equipment, it is one of the prominent markets for used ones. Europe imports construction machinery from U.S. and China. Some of the key players in the global construction equipment rental market are Ahern Rentals, Inc., Ashtead Group, Blueline Rental LLC, Cramo PLC, Loxam Group, Shanghai Hongxin Equipment Engineering Co., Ltd., Caterpillar, Inc., Herc Holdings, Riwal, Nesco Rentals, and United Rentals, Inc. The objective of the report is to present a comprehensive analysis of the Global Construction Equipment Rental Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Construction Equipment Rental Market dynamics, structure by analyzing the market segments and project the Global Construction Equipment Rental Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Construction Equipment Rental arket make the report investor’s guide. The scope of the Global Construction Equipment Rental Market Global Construction Equipment Rental Market, by Product • Earthmoving & Road Building Equipment • Material Handling & Cranes
• Concrete Equipment Global Construction Equipment Rental Market, by Geography • North America • Europe • Asia-Pacific • Middle East & Africa • Latin America Key Players operating in the Global Construction Equipment Rental Market • Ahern Rentals, Inc. • Ashtead Group • Blueline Rental LLC • Cramo PLC • Loxam Group • Shanghai Hongxin Equipment Engineering Co., Ltd. • Caterpillar, Inc. • Herc Holdings • Riwal • Nesco Rentals • United Rentals, Inc. • Zahid Group. • Industrial Supplies Development Co. Ltd • JCB • Caterpillar Inc. • Gemini Equipment and Rentals (GEAR) • Hertz Equipment • John Deere • KOMATSU EQUIPMENT • Maxim Crane Works • Neff Rental Global Construction Equipment Rental Market Request For View Sample Report Page : @ https://www.maximizemarketresearch.com/request-sample/20860 About Us: Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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