Construction Equipment Rental Market: Future Trends and Growth Forecast 2024-2032

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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 substantial growth in recent years, driven by several key factors, including rising demand for its products, a widening customer base, and advancements in technology. This report offers an in-depth analysis of the market, covering aspects such as market size, trends, drivers and constraints, competitive dynamics, and future growth prospects.

Top Companies of Construction Equipment Rental Market:

Most of the manufacturers in the market report are listed below:

• 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 Breakup by Segment
• Market Breakup by Region
• Price Analysis
• Impact of COVID-19
• Market Forecast

The Construction Equipment Rental Market report offers insights into the market landscape, which is further divided into sub-regions and countries. Alongside the market share for each country and sub-region, this section of the report highlights potential profit opportunities. Additionally, it details the market share and growth rate 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 coverage:

• Key growth drivers, restraining factors, opportunities and potential challenges for the market.
• Complete knowledge of regional developments.
• List of major industry players.
• Key strategies adopted by market players.
• Recent industry developments include product launches, partnerships, mergers and acquisitions.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry’s potential and provide information that will help companies to make informed decisions. The Construction Equipment Rental Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive 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
  • Key Industry Developments – Merger, Acquisitions, and 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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