Machinery Leasing Market Size, Growth, Industry Outlook with Trends, Opportunities and Forecast to 2030

The Business Research Company offers "Machinery Leasing Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global machinery leasing market is expected to grow from $344.7 billion in 2019 to $346.4 billion in 2020 at a compound annual growth rate (CAGR) of 0.6%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $425.7 billion in 2023.

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The machinery rental market consists of the sales of machinery rental services by entities (organizations, sole traders and partnerships) that rent out or lease commercial-type and industrial-type machinery and equipment. Establishments in this generally provide capital or investment-type equipment that clients use in their business operations.

Fleet management software is increasingly being used by the machinery rental companies for vehicle and driver management. Fleet management software provides information related to repair and accident tracking, vehicle tracking, equipment wear-out and maintenance forecasting, vehicle inventory management, and driver management and licensing.

Machinery Leasing Market Segmentation:
By Type
1. Heavy Construction Machinery Rental
2. Commercial Air, Rail, and Water Transportation Equipment Rental
3. Mining, Oil And Gas, And Forestry Machinery And Equipment Rental
4. Office Machinery And Equipment Rental
5. Other Commercial And Industrial Machinery And Equipment Rental

By Mode
1. Online
2. Offline

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Machinery Leasing Market Characteristics
4. Machinery Leasing Market Product Analysis
5. Machinery Leasing Market Supply Chain
……
20. Key Mergers And Acquisitions In The Machinery Leasing Market
21. Market Background: Leasing Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the machinery leasing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the machinery leasing market are United Rental, Sunbelt Rental, Blueline Rental, H&E Equiment Services, Home Depot Rentals

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