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Construction Equipment Rental Market 2025| Ahern Rentals Inc, AJ Networks Co Ltd, Aktio Corporation, Ashtead Group, Boels Rental, Caterpillar Inc, Cramo PLC, Fortrent, Herc Holdings, Kiloutou

03-23-2020 07:46 AM CET | Industry, Real Estate & Construction

Press release from: Construction Equipment Rental Market

Construction Equipment Rental Market 2020

Construction Equipment Rental Market 2020

Construction Equipment Rental Market 2020: 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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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.

In 2018, the global Construction Equipment Rental market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Construction Equipment Rental status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Construction Equipment Rental development in United States, Europe and China.

The key players covered in this study
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

Market segment by Type, the product can be split into
Online Rental
Offline Rental

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Market segment by Application, split into
Enterprise
Municipal
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Construction Equipment Rental status, future forecast, growth opportunity, key market and key players.
To present the Construction Equipment Rental development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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