
Global Construction Equipment Rental Market
Description
Global Construction Equipment Rental Market
Global Construction Equipment Rental Market Size, Trends & Growth Opportunity, By Product (Backhoes & Excavators, Loaders, Crawler Dozers, Cranes, Forklift, and Others), By Propulsion System (Electric, and ICE), By Application (Excavation & Mining, Material Handling, Earthmoving, and Concrete), By Region and Forecast till 2027
Global Construction Equipment Rental Market
The Construction equipment rental is defined as the service to rent out construction equipment to end users for a certain period of time by signing contracts with terms & conditions about their uses. These equipments are majorly used at construction & mining sites to facilitate heavily operations. The surge in the construction & mining activities, mostly in the developing regions is the key driving factor for growth of global construction equipment rental market.
Market Drivers
The increase in advancements of new technologies including digital services for automated service improvements, equipment service tracking & mapping features expected to boost the global construction equipment rental market growth. Construction equipment manufacturers are focusing on incorporating advanced safety features such as lift assist, additional work lights, and 360-degree camera visual will support the market growth. Also, the rise in construction and mining activities will propel the global construction equipment market growth during this forecast period. Moreover, additional expenses incurred owing to maintenance of the equipment, high wages of skilled operators, and excessive operational cost can be saved by renting equipment for the required time will significantly drive the global construction equipment rental market growth over the forecast period.
Market Restraints
Lack of skilled labors is a major restraining factor which is expected to hamper the global construction equipment rental market growth over the forecast period. Also, lack of incentives and favorable tax policy may hinder the global construction equipment rental market growth.
Market Segmentation
The Global Construction Equipment Rental Market is segmented into product such as Backhoes & Excavators, Loaders, Crawler Dozers, Cranes, Forklift, and Others, by propulsion system such as Electric, and ICE. Further, market is segmented into application such as Excavation & Mining, Material Handling, Earthmoving, and Concrete.
Also, the Global Construction Equipment Rental Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as United Rentals, Inc., Herc Holdings Inc., Ashtead Group Plc, Aktio Corporation, Loxam Sas, Kanamoto Co., Ltd., Nishio Rent All Co., Ltd, H&E Equipment Services, Inc., Nikken Corporation, Cramo Group, etc.
Market Taxonomy
By Product
Global Construction Equipment Rental Market Size, Trends & Growth Opportunity, By Product (Backhoes & Excavators, Loaders, Crawler Dozers, Cranes, Forklift, and Others), By Propulsion System (Electric, and ICE), By Application (Excavation & Mining, Material Handling, Earthmoving, and Concrete), By Region and Forecast till 2027
Global Construction Equipment Rental Market
The Construction equipment rental is defined as the service to rent out construction equipment to end users for a certain period of time by signing contracts with terms & conditions about their uses. These equipments are majorly used at construction & mining sites to facilitate heavily operations. The surge in the construction & mining activities, mostly in the developing regions is the key driving factor for growth of global construction equipment rental market.
Market Drivers
The increase in advancements of new technologies including digital services for automated service improvements, equipment service tracking & mapping features expected to boost the global construction equipment rental market growth. Construction equipment manufacturers are focusing on incorporating advanced safety features such as lift assist, additional work lights, and 360-degree camera visual will support the market growth. Also, the rise in construction and mining activities will propel the global construction equipment market growth during this forecast period. Moreover, additional expenses incurred owing to maintenance of the equipment, high wages of skilled operators, and excessive operational cost can be saved by renting equipment for the required time will significantly drive the global construction equipment rental market growth over the forecast period.
Market Restraints
Lack of skilled labors is a major restraining factor which is expected to hamper the global construction equipment rental market growth over the forecast period. Also, lack of incentives and favorable tax policy may hinder the global construction equipment rental market growth.
Market Segmentation
The Global Construction Equipment Rental Market is segmented into product such as Backhoes & Excavators, Loaders, Crawler Dozers, Cranes, Forklift, and Others, by propulsion system such as Electric, and ICE. Further, market is segmented into application such as Excavation & Mining, Material Handling, Earthmoving, and Concrete.
Also, the Global Construction Equipment Rental Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as United Rentals, Inc., Herc Holdings Inc., Ashtead Group Plc, Aktio Corporation, Loxam Sas, Kanamoto Co., Ltd., Nishio Rent All Co., Ltd, H&E Equipment Services, Inc., Nikken Corporation, Cramo Group, etc.
Market Taxonomy
By Product
- Backhoes & Excavators
- Loaders
- Crawler Dozers
- Cranes
- Forklift
- Others
- Electric
- ICE
- Excavation & Mining
- Material Handling
- Earthmoving
- Concrete
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Construction Equipment Rental Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
176 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Construction Equipment Rental Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Construction Equipment Rental Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Construction Equipment Rental Market Share Analysis, By Product
- 5.3 Global Construction Equipment Rental Market Size and Forecast, By Product
- 5.3.1 Backhoes & Excavators
- 5.3.2 Loaders
- 5.3.3 Crawler Dozers
- 5.3.4 Cranes
- 5.3.5 Forklift
- 5.3.6 Others
- 6 Global Construction Equipment Rental Market, By Propulsion System
- 6.1 Y-o-Y Growth Comparison, By Propulsion System
- 6.2 Global Construction Equipment Rental Market Share Analysis, By Propulsion System
- 6.3 Global Construction Equipment Rental Market Size and Forecast, By Propulsion System
- 6.3.1 Electric
- 6.3.2 ICE
- 7 Global Construction Equipment Rental Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Construction Equipment Rental Market Share Analysis, By Application
- 7.3 Global Construction Equipment Rental Market Size and Forecast, By Application
- 7.3. 1 Excavation & Mining
- 7.3.2 Material Handling
- 7.3.3 Earthmoving
- 7.3.4 Concrete
- 8 Global Construction Equipment Rental Market, By Region
- 8.1 Global Construction Equipment Rental Market Share Analysis, By Region
- 8.2 Global Construction Equipment Rental Market Share Analysis, By Region
- 8.3 Global Construction Equipment Rental Market Size and Forecast, By Region
- 9 North America Construction Equipment Rental Market Analysis and Forecast (2020-2027)
- 9.1 Introduction
- 9.2 North America Construction Equipment Rental Market Share Analysis, By Product
- 9.3 North America Construction Equipment Rental Market Size and Forecast, By Propulsion System
- 9.4 North America Construction Equipment Rental Market Size and Forecast, By Application
- 9.5 North America Construction Equipment Rental Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 EuropeConstruction Equipment Rental Market Analysis and Forecast (2020-2027)
- 10.1 Introduction
- 10.2 Europe Construction Equipment Rental Market Share Analysis, By Product
- 10.3 Europe Construction Equipment Rental Market Size and Forecast, By Propulsion System
- 10.4 Europe Construction Equipment Rental Market Size and Forecast, By Application
- 10.5 Europe Construction Equipment Rental Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.54. Rest of Europe
- 11 Asia Pacific Construction Equipment Rental Market Analysis and Forecast (2020-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Construction Equipment Rental Market Share Analysis, By Product
- 11.3 Asia Pacific Construction Equipment Rental Market Size and Forecast, By Propulsion System
- 11.4 Asia Pacific Construction Equipment Rental Market Size and Forecast, By Application
- 11.5 Asia Pacific Construction Equipment Rental Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4. Rest of Asia Pacific
- 12 Latin America Construction Equipment Rental Market Analysis and Forecast (2020-2027)
- 12.1 Introduction
- 12.2 Latin America Construction Equipment Rental Market Share Analysis, By Product
- 12.3 Latin America Construction Equipment Rental Market Size and Forecast, By Propulsion System
- 12.4 Latin America Construction Equipment Rental Market Size and Forecast, By Application
- 12.5 Latin America Construction Equipment Rental Market Size and Forecast, Country
- 13 Middle East Construction Equipment Rental Market Analysis and Forecast (2020-2027)
- 13.1 Introduction
- 13.2 Middle East Construction Equipment Rental Market Share Analysis, By Product
- 13.3 Middle East Construction Equipment Rental Market Size and Forecast, By Propulsion System
- 13.4 Middle East Construction Equipment Rental Market Size and Forecast, By Application
- 13.5 Middle East Construction Equipment Rental Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 United Rentals, Inc
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Herc Holdings Inc
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. Ashtead Group Plc
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Aktio Corporation
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Loxam Sas
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Kanamoto Co., Ltd
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Nishio Rent All Co., Ltd
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 H&E Equipment Services, Inc
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Nikken Corporation
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Cramo Group
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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