Construction Equipment Rental Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2027

September 1, 2021

The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate. The global construction equipment rental market was valued at USD 97.70 Billion in 2019 and is anticipated to reach USD 135.77 Billion by 2027, at a CAGR of 4.1 % during the forecast period. The construction equipment rental market is rising because equipment rental offers an opportunity for the large, capital-intensive company to expand its range as per the requirement. The range of capabilities offered by the equipment of various sizes can facilitate different businesses to serve smaller markets and obtain various projects.

The Global Construction Equipment Rental Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Construction Equipment Rental Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Construction Equipment Rental Market industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Construction Equipment Rental Market.

The study on the Global Construction Equipment Rental Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Construction Equipment Rental Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Construction Equipment Rental Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Construction Equipment Rental Market industry.

Segments Covered in this Report

Equipment

Type

Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)

Earthmoving

Material Handling

Road Building

Concrete

Product Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)

Excavators

Cranes

Backhoes

Crawler Dozers

Concrete Pumps

Application Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)

Real Estate

Commercial Estate

Transport Power & Energy Infrastructure

Others

Regional Outlook (Revenue, USD Billion; Volume: Million Metric Tons; 2020-2027)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

You Can Download Free Sample PDF Copy of Construction Equipment Rental Market at https://www.emergenresearch.com/request-sample/476

Regional Landscape

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further Key Findings from the Report Suggest:

In March 2019, Cooper Equipment Rentals announced the purchase of Prime Rentals, an equipment rental company located in Canada. This investment helped the acquirer to expand its business in South Alberta.

In 2019, Siddha Group initiated the use of new construction technologies such as Precast, PEB, and Drywall in its works to secure a better output

The market in Asia Pacific is expected to expand at the highest CAGR of 4.5% from 2020 to 2027. The region is likely to continue its dominance in the global construction equipment rental market in terms of both usage and manufacturing throughout the forecast period. This region has witnessed growth in the number of metro projects, highways, airports, hydroelectric projects, and dams as well as heavy industrial activities over the last few years.

Key players operating in the market are Loxam Group, United Rentals, Inc., Mtandt Rentals Limited, Cramo PLC., Nesco Rentals, The Hertz Corporation, Boels Rentals, Unirent LLC, Caterpillar Inc., and Ahern Rentals, Inc.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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