A Global Construction Equipment Rental Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Construction Equipment Rental industry, encompassing key business details and extensive geographical coverage. Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Construction Equipment Rental industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Construction Equipment Rental industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Construction Equipment Rental industry. In addition to providing crucial statistical data about the Construction Equipment Rental market, this study covers qualitative and quantitative aspects of the Construction Equipment Rental market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2030 for the Construction Equipment Rental market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
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 latest study provides an insightful analysis of the broad competitive landscape of the global Construction Equipment Rental market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report.
Key Companies Profiled 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 analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Construction Equipment Rental market and pinpoint the fundamental growth trends.
- North America
- Latin America
- Middle East Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
Product Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
- Crawler Dozers
- Concrete Pumps
Application Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
- Real Estate
- Commercial Estate
- Transport Power Energy Infrastructure
- Besides offering a vivid depiction of the global Construction Equipment Rental business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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