Construction Equipment Rental Market Size, Share, Growth, Trends, Demand, Drivers & Industry Analysis, This comprehensive report delves into critical market segmentation and definitions, providing key insights into the KW. It highlights the critical components driving growth and provides a clear picture of the industry’s trajectory. Using SWOT and PESTEL analyses, the report assesses the market’s strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, environmental, and legal factors that influence the landscape.

The study provides valuable insights into the competitive landscape, focusing on recent developments and geographical distribution across key regions. Expert competitor analysis provides a thorough understanding of market dynamics and strategic advice to businesses and investors.

Market Summary:

The global construction equipment rental market size was valued at USD 120.86 billion in 2023. The market is projected to grow from USD 126.15 billion in 2024 to USD 200.85 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period.

With robust analysis and future projections, this report serves as a vital resource for stakeholders looking to capitalize on emerging opportunities and navigate challenges in the Construction Equipment Rental Market, recent industry developments are;

  • 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.

This report profiles key players in the Construction Equipment Rental Market based on the following parameters – company details (found date, headquarters, manufacturing bases), product portfolio, sales data, market share and ranking.

Major Players:

Many prominent players are focusing on sustainability strategies to determine the market’s future direction. These major upgrades and strategies are expected to open up new revenue streams for manufacturers in the long run. Companies includes 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)

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

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

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…!

Construction Equipment Rental Market Drivers & Restrains:

  • Drivers:
    • Increasing demand for flexible financing options and cost-saving measures in the construction industry driving the preference for equipment rental.
    • Rapid urbanization and infrastructure development projects requiring access to a wide range of construction equipment without the burden of ownership costs.
  • Restraints:
    • High operational costs and potential downtime associated with rental equipment may deter some contractors.
    • Competition from used equipment sales and the availability of financing options for new equipment purchases.

Reasons to Purchase the Report:

This report profiles key players in the Construction Equipment Rental Market, covering essential parameters such as company details (founding date, headquarters, and manufacturing bases), product portfolio, sales data, market share, and rankings.

It offers key insights into market drivers, restraints, opportunities, emerging trends, and regional outlook.

The report provides an in-depth analysis of the Construction Equipment Rental Market, including market size (in US$ Million) and the CAGR forecast for the period 2024-2032, with 2023 as the base year.

It highlights potential market opportunities across various segments and presents attractive investment proposition matrices for the market.

Segmentation by Region:

  • 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

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