Title: Global Construction Equipment Rental Market Research Report: Forecast (2022-27)
1Global Construction Equipment Rental Market
Research Report Forecast (2022-27)
The Global Construction Equipment Rental Market
is projected to grow at a CAGR of around 4.7
during the forecast period, i.e., 2022-27.
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3Market Insights
- The Global Construction Equipment Rental Market
is projected to grow at a CAGR of around 4.7
during the forecast period, i.e., 2022-27. The
growth of the market is driven principally by the
swiftly increasing number of construction
activities across different countries worldwide
owing to the growing government focus on
infrastructural developments, i.e., surging the
demand for construction equipment. - Moreover, since the high cost of construction
equipment ownership for transportation
maintenance can be challenging, contractors are
swiftly inclining toward their rental supply for
different construction applications. Besides,
rapid technological advancements in construction
equipment, with the integration of telematics
automation, are also propelling the demand for
construction equipment among contractors on a
rental basis and, in turn, driving the global
market.
4Global Construction Equipment Rental Market
Leading key players
- United Rentals, Inc., Herc Holdings Inc., Loxam
SaS, HE Equipment Services, Inc., Aktio
Corporation, Kanamoto Co., Ltd., Cramo Group,
Sarens NV, Ramirent PLC, Nikken Corporation,
Others
5Global Construction Equipment Rental Market
Segmentation Analysis
- By Type of Equipment (Earthmoving Equipment,
Material Handling Equipment, Road Building
Concrete), - By Type of Product (Excavator, Loader, Grader,
Bulldozer, Road Roller, Tipper, Forklifts,
Cranes, Diesel Generator, Concrete Pumps,
Concrete Mixers), - By Application (Power Utilities, Mining,
Hospitality, Residential, Healthcare
Educational Institutes, Manufacturing Units), - By Regions (North America, South America, Europe,
Middle East, Africa, Asia-Pacific), - By Countries (The US, Canada, Mexico, Brazil,
Chile, Argentina, The UK, Germany, France, Russia
CIS, Saudi Arabia, UAE, Qatar, Kuwait, South
Africa, Nigeria, China, India, Japan, South East
Asia)
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