Press release
Global Construction Machinery Leasing Market Size, Industry Status, Growing with a CAGR of 8.4% during 2018-2025
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Construction Machinery Leasing Market” which provides an outlook for current market value as well as the expected growth of Construction Machinery Leasing during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.Click Here to Get the Sample Copy of the Report@ https://www.marketresearchhub.com/enquiry.php?type=S&repid=1859285
This report studies the global Construction Machinery Leasing market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Construction Machinery Leasing market by companies, region, type and end-use industry.
A construction job mandates a large number of heavy machines. There are a number of advantages to lease the construction. Primarily, many contractors want to be able to stay on the cutting edge of technology. New tools are emerging all the time, and leasing equipment means that contractors can utilize the latest products available without taking on extravagant costs. When the lease is up, contractors can simply opt for the newest line of products available.
The practice of leasing instead of purchasing heavy machinery has proven to be beneficial for companies of all sizes across numerous industries, Lower administrative overhead coupled with reduced expense and maintenance will drive construction equipment rental market size. Since industry vendors need to comply with the pervasive regulatory landscape, buyers benefit from elimination of replacement costs and associated expenditure. Other trends positively impacting revenue include growing technological advancements ranging from multifunctional machinery to apps for monitoring fuel consumption.
The Construction Machinery Leasing market is very fragmentation market, United Rentals, Ashtead Group, Aktio Corp, Kanamoto, Hertz Equipment Rental, Loxam Group, Blueline Rent, Ahern Rentals, Nishio Rent, Aggreko, Maxim Crane Works and SCMC are the leaders of the industry; the revenue of top ten manufacturers accounts about 20% of the total revenue in 2017. The high-end products mainly come from USA and Japan.
United States is the worlds most mature rental market, Enjoyed about 43.82% construction machinery lease market share. Asia and Europe are currently witnessing large-scale infrastructure development activities, which is raising demand for construction equipment. Also, as most of the projects are undertaken with private investment money, where the utilization of equipment is limited to a short duration, contractors prefer to use equipment on a rental basis.
Barriers to entry for the Construction Equipment Rental and Leasing industry are high, although they may be medium for some smaller, specialist firms. Large firms in this industry require a substantial stock of construction machinery and equipment to offer customers. Therefore, required funding levels to purchase a wide range, and vast volumes, of this equipment are high. New firms to this industry may have difficulty in accessing the funds required to purchase a large and extensive range of construction products. Prevailing economic uncertainty is likely to result in more stringent lending procedures, also increasing entry barriers for new firms.
The equipment rental industry is gaining huge prominence across the globe. Although, in emerging economies, such as Asia, the industry is still in the nascent stage, it is projected to witness high growth in the coming years. An increase in the awareness of the equipment rental industry and growing investment in the construction industry will drive the equipment rental market.
In 2017, the global Construction Machinery Leasing market size was 63600 million US$ and it is expected to reach 121200 million US$ by the end of 2025, with a CAGR of 8.4% during 2018-2025.
This report focuses on the global top players, covered
United Rentals
Ashtead Group
Aktio Corp
Kanamoto
Hertz Equipment Rental
Loxam Group
Blueline Rent
Ahern Rentals
Nishio Rent
Aggreko
Maxim Crane Works
SCMC
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Market segment by Type, the product can be split into
Earth Moving Equipment
Material Handling and Cranes
Concrete Equipment
Road Building Equipment
Market segment by Application, split into
Commercial
Individual
View Full Report with Table and Content@ https://www.marketresearchhub.com/report/global-construction-machinery-leasing-market-size-status-and-forecast-2025-report.html
Table of Contents
Global Construction Machinery Leasing Market Size, Status and Forecast 2025
1 Industry Overview of Construction Machinery Leasing
1.1 Construction Machinery Leasing Market Overview
1.1.1 Construction Machinery Leasing Product Scope
1.1.2 Market Status and Outlook
1.2 Global Construction Machinery Leasing Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Construction Machinery Leasing Market by Type
1.3.1 Earth Moving Equipment
1.3.2 Material Handling and Cranes
1.3.3 Concrete Equipment
1.3.4 Road Building Equipment
1.4 Construction Machinery Leasing Market by End Users/Application
1.4.1 Commercial
1.4.2 Individual
2 Global Construction Machinery Leasing Competition Analysis by Players
2.1 Construction Machinery Leasing Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 United Rentals
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.2 Ashtead Group
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.3 Aktio Corp
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.4 Kanamoto
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.5 Hertz Equipment Rental
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.6 Loxam Group
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.7 Blueline Rent
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.8 Ahern Rentals
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.9 Nishio Rent
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.10 Aggreko
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Construction Machinery Leasing Revenue (Million USD) (2013-2018)
3.11 Maxim Crane Works
3.12 SCMC
Continued…. @@
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