Construction Equipment Rental Market expected to grow at a CAGR of 4.20 percent during the forecast period

Pune 17 Feb 2023: The "Construction Equipment Rental Market" was USD105.51 Bn in 2021 and is expected to reach USD146.64 Bn by 2029 at a CAGR of 4.20 percent throughout the forecast period. The Construction Equipment Rental Market report is published by Maximize Market Research available in the market. It has got clients in the engineering equipment segment in more than 34 countries.

Construction Equipment Rental Market Scope and Research Methodology

The Construction Equipment Rental Market report covers an analysis of company profiling, current trends of manufacturers with trustworthy statistics, supply & value chain. The report also provides strategies, collaborations, mergers and acquisitions by key manufacturers with competitors to develop strong business plans according to market trends. The bottom-up approach is used to estimate the size of the Construction Equipment Rental Market through segments: equipment, product and their multiple sub-segments. The report includes pricing analysis, structural analysis, revenue, Audit, mergers and acquisition and investment in technological research and development by key companies such as Cramo Group, Boels Rental, Nesco Rentals, Aktio Corporation and Loxam Sas. Primary research includes industry experts' opinions, telephonic interviews with senior research analysts whereas information from paid databases, annual reports and white papers from organizations have been gathered in secondary. The data was further analysed by tools such as SWOT, PORTER's five force model and PESTLE which provides a socio-political aspect of the Construction Equipment Rental Market in five major regions.

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Renting all types of equipment for short periods of work are growing market

Multiple individual contractors, construction firms and other various sectors of the market has been using equipment on rent rather than buying whole new. The buying of new equipment might increases the inventory cost of contractor. These factors are expected to grow the Construction Equipment Rental Market. The uncertainty of constant work and recession, inflation are expected to hamper the market growth.

Asia Pacific to hold the largest share of the Construction Equipment Rental Market

Due to increasing population in developing economies such as India and China and growing residential and commercial infrastructure are driving the regional Construction Equipment Rental Market growth. As the highest population government of China significantly investing in public infrastructure are expected to witness Asia Pacific to hold largest market share throughout the forecast period.

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Construction Equipment Rental Market Segmentation

By Equipment:

Earthmoving
Material Handling
Road Building & Concrete

By Product:

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

Construction Equipment Rental Market Key Players Include:

United Rentals, Inc.
Herc Holdings Inc.
Ashtead Group Plc
Aktio Corporation
Loxam Sas
Kanamoto Co., Ltd.
Nishio Rent All Co., Ltd.
H&E Equipment Services, Inc.
Nikken Corporation
Cramo Group
Ramirent Plc
Maxim Crane Works, L.P.
Kiloutou
Sarens Nv
Taiyokenki Rental Co., Ltd.
Ahern Rentals, Inc.
Boels Rental
Speedy Hire Plc
Mtandt Rentals Limited
Nesco Rentals
The Hertz Corporation
Unirent LLC
Caterpillar Inc.

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Table of Content for Global Construction Equipment Rental Market:

Global Market: Research Methodology

Global Market: Executive Summary
Market Overview and Definitions

Introduction to Global Market
Summary
Key Findings

Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Market Segmentation
Global Market, by Equipment (2021-2029)
Global Market, by Product (2021-2029)

Regional Market(2021-2029)
Regional Market, by Equipment (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Country (2021-2029)

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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Equipment, Product
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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