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New Study: Global Construction Equipment Rental Market 2021 Size, Growth Analysis Report, Forecast to 2026

05-08-2021 04:25 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Reports

The construction equipment rental market size exceeded $120 billion in 2019 and is expected to grow at a 4% CAGR between 2021 and 2027. The changing demand patterns along with rising labor costs in countries such as India and China are creating strong market demand for leasing. equipment. Several benefits, such as technology and maintenance cost savings provided by rental equipment providers, are encouraging construction companies to rent equipment to complete projects in a timely manner. With the increase in human damage during construction activities, organizations have provided new market opportunities by replacing existing construction technologies with IoT, telematics and AI integrated machines.

A full report of Construction Equipment Rental Market available at https://www.orionmarketreports.com/construction-equipment-rental-market/24376/

Construction Equipment Rental Market Segmentations

On the basis of equipment:

• Earthmoving
• Material Handling
• Road Building & Concrete

On the basis product:

• Backhoes
• Excavators
• Loaders
• Crawler Dozers
• Cranes
• Concrete Pumps
• Compactors
• Transit Mixers
• Concrete Mixers
• Others

Major Players

• United Rentals Inc.
• Herc Rentals
• H&E Equipment Services
• Loxam
• Ashtead Group PLC

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Construction Equipment Rental Market.
• The market share of the Construction Equipment Rental Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Construction Equipment Rental Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Construction Equipment Rental Market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Construction Equipment Rental Market Report

• What was the Construction Equipment Rental Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Construction Equipment Rental Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Construction Equipment Rental Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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