Growth Opportunities in Off-Highway Rental Equipment

Growth Opportunities in Off-Highway Rental Equipment

Collaborations between OEMs, rental companies, digital solution providers, battery manufacturers, utility companies, dealerships, and technology companies are creating a new wave of solutions that enhance the customer experience. These synergies are driving innovation, creating a sustainable environment. Customers are beginning to prefer renting/sharing rather than owning, encouraging these companies to partner with rental companies and digital solution providers to bundle services and products. The expansion of rental companies and peer-to-peer (P2P) shared platforms will increase the demand for fleet management and remote monitoring services. Rental models will transform usership which would have a significant impact on customer relationships for OEMs, dealers, and suppliers. As owner-operators increase the utilization of rental equipment, decisions, with respect to parts and lubricant procurement, will involve recommendations from rental companies.

This research focuses on the off-highway rental equipment market, providing insights into key participants, market size, regional hotspots, and forecast revenue potential. It also includes a list of key players, profiles, and case studies and highlights of technology trends in the off-highway industry.