The global Construction Equipment Rental Industry is expected to witness significant growth from 2025 to 2032, driven by advancements in machinery and equipment and increasing demand across various industries.
The Construction Equipment Rental Market is booming as companies prefer flexible, cost-effective solutions over ownership. The adoption of IoT-enabled fleet management, telematics, and electric rental equipment is enhancing efficiency.
Market Size:
The global Construction Equipment Rental market is valued at USD 120.86 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 6% during the forecast period.
Market Outlook:
The global Construction Equipment Rental market is expected to reach USD 120.86 billion value in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6% between 2023 and 2032.
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Competitive environment:
This report provides an in-depth analysis of the competitive landscape. It includes a thorough competitive analysis covering the market structure, key player positioning, key strategies for success, competitive dashboard, and company valuation quadrants.
List of top Construction Equipment Rental companies:
United Rentals, Inc. (U.S.)
Loxam (France)
Sunbelt (U.S.)
Taiyokenki Rental Co., Ltd. (Japan)
AKTIO Corporation (Japan)
Herc Rentals Inc. (U.S.)
Ahern Rentals. (U.S.)
H&E Equipment Services, Inc. (U.S.)
Nikken Corporation (Japan)
Nishio Rent All Co. Ltd. (Japan)
Industry Scope and Overview
This report analyzes the global Construction Equipment Rental industry focusing on North America, Europe, Asia Pacific, South America, Middle East and Africa. It provides an in-depth analysis of the current situation by segmenting the industry by manufacturer, region, type and application. It comprehensively analyzes the future forecast of the industry size in terms of value and volume along with historical data. It also evaluates the macroeconomic and regulatory impacts that illuminate technological advancements and shape industry trends.
Market Growth and Drivers:
Drivers:
Increasing demand for flexible financing options and cost-saving measures in the construction industry driving the preference for equipment rental.
Rapid urbanization and infrastructure development projects requiring access to a wide range of construction equipment without the burden of ownership costs.
Restraints:
High operational costs and potential downtime associated with rental equipment may deter some contractors.
Competition from used equipment sales and the availability of financing options for new equipment purchases.
Key findings of the report:
Latest Industry News
Key Technology Trends and Developments
Impact of COVID-19 on the Market
Porter's Five Forces Analysis
Strategic Recommendations
Market Trends
Past, Present and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive mapping of the competitive environment
Best Winning Strategy
Market Outlook and Regional Dominance:
Construction Equipment Rental Research report provides a complete assessment of the market based on strategic insights into future trends, growth factors, supplier environment, demand environment, year-over-year growth rate, compound annual growth rate (CAGR), price analysis, etc. It also provides various business matrices such as Porter's Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4P Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis, etc., and provides detailed regional analysis of the Construction Equipment Rental industry covering major regional markets.
North America (United States, Canada, Mexico)
Europe (Germany, UK, France, Italy, Spain, other parts of Europe)
Asia Pacific (China, India, Japan, Korea, Australia, and other Asia Pacific regions)
South America (Brazil, Argentina, other South American regions)
Middle East and Africa (UAE, Saudi Arabia, South Africa, and other MEA regions)
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