Construction Equipment Rental Market: A Comprehensive Study of the Industry

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Increasing government spending on industrial and commercial construction activities and projects is a key factor driving construction equipment rental market revenue growth

Emergen Research's Comprehensive Global Construction Equipment Rental Market Research Report, added to its ever-expanding collection, contains insights into the Construction Equipment Rental Market and its key components. The report provides insights into the industry's growth factors Construction Equipment Rentals, opportunities, lucrative business prospects, promising growth areas, and estimated growth rates through 2030. Aside from revenue growth drivers restraints, production consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. Accurately predicting the keyword market for the coming years, the report looks at both the current situation and past data. In addition, the report provides a comprehensive assessment of the factors that are likely to support or hinder market expansion in the coming years. The overall impact of the pandemic on the Construction Equipment Rental Market and its key segments is comprehensively estimated in the report. In addition, the report discusses the impact of the pandemic on different market sectors. Additionally, it provides an assessment of the current and future impact of the pandemic on the keyword market.  The report is the result of extensive primary and secondary research and has been compiled with the aim of giving readers and businesses a competitive edge over their industry peers.

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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North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also studies the key companies of the Construction Equipment Rental market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.

Some players analyzed in the report are:

Loxam Group, United Rentals, Inc.,, Mtandt Rentals Limited, Cramo PLC., Nesco Rentals, The Hertz Corporation, Boels Rentals, Unirent LLC, Caterpillar Inc., Ahern Rentals, Inc.

The report further divides the Construction Equipment Rental market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Construction Equipment Rental market.

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On the basis of type, the market is segmented into

 

  • 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 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.

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Construction Equipment Rental market?

What are the key product types and applications of the Construction Equipment Rental industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Construction Equipment Rental market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Construction Equipment Rental Market by 2027?

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