Construction Equipment Rental Market 2024: Industry Size, Growth, Share, Trends, and Forecasts to 2032
Discover trends and insights in the construction equipment rental market, including industry size, growth, share, demand, and forecasts through 2032.
Explore the Latest Insights in the Construction Equipment Rental Market!
A new report from Fortune Business Insights™ titled Construction Equipment Rental Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032 provides a comprehensive analysis of the Construction Equipment Rental Market landscape. This report includes competitor and regional analyses, along with the latest advancements in the market.
Inside, you’ll find a detailed table of contents, figures, tables, and charts, complemented by insightful commentary. The Construction Equipment Rental Market sector has seen remarkable growth recently, driven by increasing product demand, a growing customer base, and technological innovations. This report thoroughly examines the Construction Equipment Rental Market, covering market size, trends, key drivers and constraints, competitive dynamics, and future growth prospects. Our goal is to delve deep into the industry to understand its dynamics and economic potential.
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Market Summary:
The “Construction Equipment Rental Market Research Report Overview by 2024” market size is reached USD 111.6 billion by 2021 and it is expected to reach USD 164.6 billion by 2029 between the forecast period and expected Compound annual growth rate of 5.1% between the forcast period by (2021-2029).
The Construction Equipment Rental Market has experienced significant growth, supported by various factors like rising product demand, an expanding customer base, and technological advancements. This report delivers an in-depth analysis of the market, including insights on market size, trends, key drivers and challenges, competitive dynamics, and future growth opportunities.
Top Companies in the Construction Equipment Rental Market:
Here are some leading manufacturers in the sector:
- 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)
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Segmentation:
Construction Equipment Rental Market Size, Share & Industry Analysis, By Equipment Type (Earthmoving Equipment, Material Handling Equipment, Concrete & Road Building Equipment, and Others), By Application (Residential, Commercial, and Industrial), and Regional Forecast, 2022-2029
Market Coverage:
- Market Trends
- Market Segmentation by Segment
- Market Segmentation by Region
- Price Analysis
- Impact of COVID-19
- Market Forecast
This report provides insights into the market landscape, broken down by sub-regions and countries. It highlights potential profit opportunities alongside market share and growth rates for each region.
Regional Analysis:
- North America (By Equipment Type, By Application, By Country)
- U.S. (By Equipment Type)
- Canada (By Equipment Type)
- Europe (By Equipment Type, By Application, By Country)
-
- U.K. (By Equipment Type)
- Germany (By Equipment Type)
- France (By Equipment Type)
- Italy (By Equipment Type)
- Rest of Europe
- Asia Pacific (By Equipment Type, By Application, By Country)
- China (By Equipment Type)
- Japan (By Equipment Type)
- India (By Equipment Type)
- Southeast Asia (By Equipment Type)
- Rest of Asia Pacific
- Middle East & Africa (By Equipment Type, By Application, By Country)
-
- GCC Countries (By Equipment Type)
- South Africa (By Equipment Type)
- Rest of Middle East and Africa
- Latin America (By Equipment Type, By Application, By Country)
-
- Brazil (By Equipment Type)
- Mexico (By Equipment Type)
- Rest of Latin America
Report Highlights:
- Key growth drivers and challenges for the market.
- Comprehensive overview of regional developments.
- List of major industry players.
- Strategies adopted by key market players.
- Recent developments, including product launches and mergers.
The report also discusses limiting factors and the regional industrial presence that may impact market growth trends beyond 2032. Our market research aims to provide a thorough understanding of the industry’s potential and equip companies with the insights they need to make informed decisions. The Construction Equipment Rental Market Report spans over 100+ pages and includes a detailed table of contents, figures, tables, graphs, and extensive analysis.
Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Industry Developments (Mergers, Acquisitions, Partnerships)
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC Continued…!
Industry Developments:
- Herc Holdings Inc. acquired Rapid Equipment Rental Limited, a Toronto-based rental company.
- H&E Equipment Services Inc., announced the relocation of its Georgetown branch to a Texas-based expanded unit.
- General Finance Corp. and United Rentals inked a definitive agreement for the former’s acquisition by United Rentals. The deal involved a transaction value of USD 996 million.
- Boels took over Cramo PLC to increase its customer base. The move was aimed at becoming one of the major players in the rental market in Europe.
- Sunbelt Rentals announced its partnership with Britishvolt, to support the development of Britishvolt’s first full-scale Cambois-based battery Gigaplant. This long-term deal will also see the companies work closely together to favor the development of battery solutions for power plants and heavy equipment to help decarbonize the construction and equipment rental sector.
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