The US Rental Equipment Market 2020 Business Scenario – United Rentals, Inc., Ashtead Group (Sunbelt), Herc Holdings Inc

“The US Rental Equipment Market” research study is segmented on the basis of applications, technology, geography and types. The report provides a detailed Rental Equipment Industry Overview along with the analysis of industry’s gross margin, cost structure, consumption value, and sale price. The leading companies of the Rental Equipment Market, manufacturers, and distributors are profiled in the report along with the latest Industry development current and future trends.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key vendors in this market are:

United Rentals, Inc.
Ashtead Group (Sunbelt)
Herc Holdings Inc
The Home Depot, Inc.

Scope of the Report

The report entitled The US Rental Equipment Market: Size, Trends and Forecast (2019-2023 Edition) provides an in-depth analysis of the US rental equipment market including detailed description of market sizing and growth. The report provides an analysis of the US rental equipment market by value, by penetration rate and includes segment analysis as well.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the US rental equipment market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

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Executive Summary

The rental equipment includes different machineries and tools of various types and sizes, which is provided by the rental companies on lease or on rent. The equipment is used by the customers for a limited span of time. The customers need to pay rental charges to the rental companies, along with some extra charging elements, such as travel cost, installation or services cost, etc.

Rental equipment can help many industries to fulfill the seasonal demand of equipment. The main benefits of the rental equipment include the catering to short-term equipment need, forgoing the upfront investment, decreasing long-run expense, saving tax, solving equipment storage issues, shielding from market fluctuation and eliminating the responsibility of testing, maintenance and service.

The rental equipment market can be segmented on the basis of type (Party and Event equipment, General Tools & Construction and Industrial Equipment) and industry (Oil & Gas Industry, Construction Industry, Mining Industry & Power Industry). The construction and Industrial rental equipment market can be further segmented on the basis of type (Earthmoving Machinery, Material Handing Machinery and Concrete Road Construction).

The US rental equipment market has increased significantly during the years 2016-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The rental equipment market is expected to increase due to growing construction spending, escalating oil and natural gas production, rising employment, soaring investment in rental equipment, increasing labor cost, etc. Yet the market faces some challenges such as complex business and use of rental equipment by unqualified operators, etc..

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This report on The US Rental Equipment market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the The US market for Rental Equipment. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

Essential points covered in The US Rental Equipment Market 2020 Research are:-
What will the market size and the growth rate be in 2023?
What are the key factors driving the The US Rental Equipment market?
What are the key market trends impacting the growth of the The US Rental Equipment market?
What are the challenges to market growth?
Who are the key vendors in the The US Rental Equipment market?
What are the market opportunities and threats faced by the vendors in the The US Rental Equipment market?
What are the key outcomes of the five forces analysis of the The US Rental Equipment market?

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