Press release
Construction Equipment Rental Market Trend Analysis by Top Key Players Sunbelt Rentals, Cramo, Loxam, Herc Rentals, United Rentals, Ramirent
Construction Equipment Rental, also called plant hire in some countries (in the UK for instance), is a service industry providing machinery, equipment and tools of all kinds and sizes (from earthmoving to powered access, from power generation to hand-held tools, etc.) for a limited period of time to final users, mainly to construction contractors but also to industry and individual consumers.
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Market Segment by Companies, this report covers: 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
This market research report identifies the high prices of equipment that meet emission regulations as one of the primary drivers for the growth of the global construction equipment rental market.
One of the key trends that will gain traction in the global construction equipment rental market is the growing preference for a joint venture in equipment rental. Joint ventures among big construction equipment rental companies enable them to enhance their product portfolio and help them obtain cost optimality in large-scale projects.
The customers in the US are becoming more accustomed to the flexibility of the outsourcing model, which drives the penetration of rental construction equipment in North America. In the forthcoming years, the rental market penetration in the US is expected to increase by 10%. The region will continue to adopt rental construction equipment during the estimated period due to the rising technical changes in equipment.
The global Construction Equipment Rental market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Construction Equipment Rental.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Regions, regional analysis covers
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
Market Segment by Type, covers
• Online Rental
• Offline Rental
Market Segment by Applications, can be divided into
• Enterprise
• Municipal
• Others
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There are 15 Chapters to deeply display the global Construction Equipment Rental market.
Chapter 1, to describe Construction Equipment Rental Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Construction Equipment Rental, with sales, revenue, and price of Construction Equipment Rental, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Construction Equipment Rental, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Construction Equipment Rental market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Construction Equipment Rental sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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