Heavy Construction Machinery Rental Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Ashtead Group Plc., United Rentals Inc., H&E Equipment Services Inc., Kanamoto Co. Ltd., Boels Rental

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Heavy Construction Machinery Rental Market Size, Growth Rate, And Forecast
The global heavy construction machinery rental market size is expected to grow from $49.79 billion in 2022 to $53.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global heavy construction machinery rental market size is expected to reach $70.54 billion in 2027 at a CAGR of 7.1%.

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Heavy Construction Machinery Rental Market Drivers
The increase in construction and mining activity is expected to propel the growth of the heavy construction machinery rental market going forward. Construction activities refer to the construction of large industrial structures such as buildings, railways, houses, power plants, and others whereas mining refers to the process of extracting useful substances from the earth. In construction and mining activities, renting heavy construction machinery helps reduce operational and financial risks by reducing the cost of new equipment, and maintenance costs.

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Heavy Construction Machinery Rental Market Segments
1) By Equipment: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipment
2) By Application: Excavation And Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling And Waste Management
3) By End User: Infrastructure, Construction, Mining, Oil And Gas, Manufacturing, Other End Users

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Heavy Construction Machinery Rental market.

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Heavy Construction Machinery Rental Market Key Players
Major players in the heavy construction machinery rental market are Ashtead Group Plc., United Rentals Inc., H&E Equipment Services Inc., Kanamoto Co. Ltd., Boels Rental, Haulotte Group, Herc Rentals Inc., Loxam S.A.S, Sarens, Sumitomo Corporation, Hyundai Heavy Industries Group, Hitachi Construction Machinery Group, Caterpillar Inc., Komatsu Ltd., and Volvo Construction Rental Equipment.

The Business Research Company's "Global Heavy Construction Machinery Rental Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Heavy Construction Machinery Rental Market Include:
1. Executive Summary
2. Heavy Construction Machinery Rental Market Characteristics
3. Heavy Construction Machinery Rental Market Trends And Strategies
4. Heavy Construction Machinery Rental Market - Macro Economic Scenario
5. Heavy Construction Machinery Rental Market Size And Growth
……
28. Heavy Construction Machinery Rental Pipeline Analysis
28. Key Mergers And Acquisitions In The Heavy Construction Machinery Rental Market
29. Heavy Construction Machinery Rental Market Future Outlook and Potential Analysis
30. Appendix

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