Construction Equipment Rental Market to Experience Substantial Growth of USD 187.46 billion in 2022 | Size, Share, Demand, Opportunities, Growth Rate and Competitive Landscape

The global construction equipment rental market size was valued at USD 187.46 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.12% from 2023 to 2030

The Construction Equipment Rental Market research report explains the market in terms of revenue and emerging market trends and drivers and includes an up-to-date analysis and forecasts for various market segments, major players and all geographical regions till 2029 And the Global pandemic of COVID-19 calls for redefining of business strategies. This Construction Equipment Rental Market report includes the impact analysis necessary for the same.

The Construction Equipment Rental Market report provides detailed profile assessments and current scenario revenue projections for the most promising industry participants. The Global Construction Equipment Rental report focuses on the latest trends in the Global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition.

The main sources are mainly industry experts in the core and related industries and manufacturers involved in all sectors of the industry supply chain. The bottom-up approach is used to plan the market size of Construction Equipment Rental based on end-user industry and region in terms of value/volume. With the help of data, we support the primary market through the three-dimensional survey procedure and the first interview and data verification through expert telephone, determine the individual market share and size, and confirm with this study.

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Key Players Mentioned in the Global Construction Equipment Rental Market Research Report:

Sunbelt Rentals, Cramo, Loxam, Herc Rentals, United Rentals, Ramirent, Speedy Hire, Select Plant Hire, MEDIACO, HSS Hire Service Group, Kiloutou, HKL Baumaschinen GmbH, Zeppelin, RSC Equipment Rental, Finning International, H&E Equipment Services, American Equipment Company, Maxim Crane Works, Neff Rental, Ahern Rentals, Coates Hire, Nishio Rent All, Kanamoto Co, Emeco, Komatsu Group, Hitachi Construction Machinery.

Global Construction Equipment Rental Market Segmentation:

On the basis of equipment:

• Earthmoving
• Material Handling
• Road Building & Concrete

On the basis product:

• Backhoes
• Excavators
• Loaders
• Crawler Dozers
• Cranes
• Concrete Pumps
• Compactors
• Transit Mixers
• Concrete Mixers
• Others

The Research Report focuses on competitive landscape of industry that includes company profiles, business overview, sales area, market performance and manufacturing cost structure. The report analyzes the global primary production, consumption, and fastest-growing countries with prominent players in the global industry. Key market observation is showed to make key findings on business growth. In the competitive assessment section, this Construction Equipment Rental Market report sheds light on the list of manufacturers, market conditions, current trends, company profiles, and market innovations. It also includes various growth opportunities of top players.

The base of geography, the world market of Construction Equipment Rental has segmented as follows:

• North America includes the United States, Canada, and Mexico
• Europe includes Germany, France, UK, Italy, Spain
• South America includes Colombia, Argentina, Nigeria, and Chile
• The Asia Pacific includes Japan, China, Korea, India, Saudi Arabia, and Southeast Asia

Recent Developments

• In January 2019, Nationwide Platforms Limited, Loxam’s wholly-owned UK subsidiary, completed the acquisition of UK Platforms Limited (UKP) from HSS Hire Group plc. UKP has approximately 120 employees and operates a fleet of circa 3,000 powered access units.
• In October 2018, United Rentals, Inc. acquired WesternOne Rentals & Sales LP, a Canada-based leading equipment rental provider of aerial lifts and heat solutions, to expand its business in Western Canada.
• In March 2018, Ashtead Group acquired the business and assets of Above and Beyond Equipment Rentals, LLC, and Above and Beyond of Fairfield County, Inc. (A&B). A&B is an aerial work platform rental business in Connecticut, US.
• In August 2017, Kanamoto acquired Toyu Engineering Co., Ltd. and Meigi Engineering Co., Ltd., both of which deal in the renting or leasing of heavy construction equipment.

Goals and objectives of the Construction Equipment Rental Market Study

• Understanding the opportunities and progress of Construction Equipment Rental determines market highlights, as well as key regions and countries involved in market growth.
• Study the different segments of the Construction Equipment Rental market and the dynamics of Construction Equipment Rental in the market.
• Categorize Construction Equipment Rental segments with increasing growth potential and evaluate the futuristic segment market.
• To analyze the most important trends related to the different segments that help to decipher and convince the Construction Equipment Rental market.
• To verify region-specific growth and development in the Construction Equipment Rental market.
• Understand the key stakeholders in the Construction Equipment Rental market and the value of the competitive image of the Construction Equipment Rental market leaders.
• To study key plans, initiatives and strategies for the development of the Construction Equipment Rental market.

Table of Content:

Chapter 1: Preface

Chapter 2: Executive Summary

Chapter 3: Market Dynamics

Chapter 4: Global Construction Equipment Rental Market, by Product Type

Chapter 5: Global Construction Equipment Rental Market, by Application

Chapter 6: Global Construction Equipment Rental Market, by Region

Chapter 7: Competitive Intelligence

Chapter 8: Company Profiles – with focus on Company Fundamentals, Product Portfolio, Financial Analysis, Recent News and Developments, Key Strategic Instances, SWOT Analysis

Chapter 9: About Us

Conclusion: At the end of Construction Equipment Rental Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.

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