Our team of analysts has meticulously curated the Emerging Research publication titled “Global Construction Equipment Rental Market” to the reader's understanding and includes an industry distribution database overview. To accurately predict the outlook of the Global Construction Equipment Rental Market during the forecast period (2022-2030), the report takes a deeper look at historical and current market scenarios. The factors affecting the overall growth of the market have been highlighted by the researchers in their analysis of the global market. To examine the advantages, disadvantages, opportunities, and threats involved in expanding into different market segments, research uses effective analytical tools such as Porter's five forces and analysis. SWOT. The most recent research report is an excellent illustration of the thorough examination of the global Construction Equipment Rental market. The table of contents, a list of tables and figures, the research methodology, the competitive landscape, geographic segmentation, future developments, and technological innovation are all included. This business field has been affected in almost every way by the global disruption. However, the most recent study predicts the effects of the pandemic on this industry and discusses the current market situation. Besides, the significant parts of the market have been talked about in the report, with well-qualified conclusions on the ongoing status of the market.
The global construction equipment rental market size reached USD 104.46 Billion in 2021, and is expected to register a revenue CAGR of 5.4% during the forecast period, according to latest analysis by Emergen Research. High maintenance cost of construction equipment is a key factor driving revenue growth of the global construction equipment rental market.
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The global Construction Equipment Rental market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Construction Equipment Rental market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
Loxam Group, United Rentals, Inc.,, Mtandt Rentals Limited, Cramo PLC., Nesco Rentals, The Hertz Corporation, Boels Rentals, Unirent LLC, Caterpillar Inc., Ahern Rentals, Inc.
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.
On the basis of type, the market is segmented into
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
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Construction Equipment Rental in the near future?
- What is the regulatory framework governing the application of Construction Equipment Rental in the food industry?
- Which manufacturing processes are utilized for the production of Construction Equipment Rental?
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Construction Equipment Rental market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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