Product Code: CMI6036
Construction equipment rental services are an excellent option for those who need a particular piece of machinery but don't want to commit the funds required for purchase. Renting also helps companies avoid additional costs such as insurance, maintenance and repair costs and depreciation. Moreover, renting eliminates the need for storage and allows for quick turnaround on equipment rentals to keep projects on schedule. Due to the escalating cost of new equipment, rental options have become increasingly popular among contractors and significant construction businesses.
Market Dynamics:
Rise in construction & mining activities globally is expected to drive growth of the global construction equipment rental market over the forecast period. Government policies in developing infrastructure for urban & rural regions as well as growing construction engineering across various industries also fuels the demand for construction equipment rentals. One of the important trend observed in the construction equipment rental market is the focus of many companies on fleet development.
However, factors such as lack of qualified and skilled professionals is expected to hinder growth of the global construction equipment rental market.
Key features of the study:
- This report provides in-depth analysis of the global construction equipment rental market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global construction equipment rental market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Ramirent, AKTIO Corporation, NISHIO RENT ALL Co., Ltd., AB2000, Cramo Oyj, Ahern Rentals Inc., Byrne Equipment Rental, American Equipment Company, Inc., United Rentals, Inc. (acquired BlueLine Rental), and Ashtead Group plc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global construction equipment rental market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global construction equipment rental market
Detailed Segmentation:
- Global Construction Equipment Rental Market, By Machinery
- Earthmoving machinery
- Material handling machinery
- Concrete & road construction Machinery
- Global Construction Equipment Rental Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles:
- Ramirent
- AKTIO Corporation
- NISHIO RENT ALL Co., Ltd.
- AB2000
- Cramo Oyj
- Ahern Rentals Inc.
- Byrne Equipment Rental
- American Equipment Company, Inc.
- United Rentals, Inc.
- (acquired BlueLine Rental)
- Ashtead Group plc.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Machinery
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- High cost of purchasing construction equipment
- Rise in advancement of rental equipment technology
- Unstable demand of construction industry
- Lack of qualified and skilled professionals
- Low penetration of rental services in developing countries
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Construction Equipment Rental Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Construction Equipment Rental Market , By Machinery, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Earthmoving machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Material handling machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Concrete & road construction Machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Construction Equipment Rental Market , By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
7. Competitive Landscape
- Ramirent
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AKTIO Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- NISHIO RENT ALL Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- AB2000
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Cramo Oyj
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Ahern Rentals Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Byrne Equipment Rental
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- American Equipment Company, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- United Rentals, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Ashtead Group plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
8. Section
- Research Methodology
- About us