November 27, 2022

Construction Equipment Rental Market

Global “Construction Equipment Rental  The report offers an analysis of existing statistics on the Global Construction Equipment Market Industry and possible forecasts. The report highlights a comprehensive market evaluation that reveals patterns in market size by sales & volume (if applicable), existing growth drivers, analyst views, information, and market progress evidence verified by the industry.

The global construction equipment rental market size stood at USD 98.21 billion in 2018, is projected to reach USD 145.22 billion by 2026, exhibiting a CAGR of 5.0% during the forecast period (2019 – 2026).

In order to determine the growth of the segments, the Global Construction Equipment Market analysis study assembles data obtained from various regulatory organizations. Moreover, on the basis of topography, the report also analyses the Global Construction Equipment Market industry. It reviews the geo- and microeconomic characteristics affecting the development of each region’s industry. To evaluate the development of the Global Construction Equipment Market industry, different analytical methods are used

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Top companies in the Global Construction Equipment Market research report include:

  • Sunbelt
  • United Rentals, Inc.
  • Herc Rentals, Inc.
  • Loxam
  • Nishio Rent All Co. Ltd.
  • AKTIO Corporation
  • Nikken Corporation
  • mateco Group
  • H&E Equipment Services, Inc.
  • Ahern Rentals
  • Other prominent key players

Robust Economic Progress in Emerging Countries to Favor Growth in Asia Pacific

Geographically, the market is grouped into Asia Pacific, Europe, the Middle East and Africa, North America, and Latin America. North America generated USD 31.89 billion construction equipment rental market revenue in 2018. Also, Europe procured a considerable share owing to the ongoing development in around 15 countries, such as Switzerland, Netherlands, Spain, Italy, and the U.K. The expansion of fleet in these countries is likely to drive the growth of the market in this region.

Asia Pacific, on the other hand, is projected to showcase the highest growth backed by the robust economic progress of the developing countries, namely Japan, China, and India. The Middle East and Africa are anticipated to follow the footsteps of Asia Pacific and experience exponential growth stoked by increasing investment in infrastructure.

Market Segmentation-

  • Market Sizing Estimations and Forecasts – By Equipment Type (Value)
    • Earthmoving Equipment
    • Material Handling Equipment
    • Concrete & Road Construction Equipment
    • Others (Civil Engineering Equipment, etc.)
  • Market Sizing Estimations and Forecasts – By Application (Value)
    • Residential
    • Commercial
    • Industrial
  • Market Analysis, Insights and Forecast – By Region (Value)
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • Latin America

COVID-19 Outbreak Impact Analysis on Construction Equipment Market

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

The COVID-19 outbreak has spawned widespread economic distress and uncertainty, with many industries, markets, and businesses undergoing tremendous stress. However, together, the global community can tide over these challenging times and at Fortune Business Insights™, we aim to provide precise market intelligence through extensive and intensive research into the impact of this pandemic on various businesses.

Construction Equipment Market Historical Data:

  • Industry Trends: Global Revenue, Status and Outlook.
  • Market segment: by types, by applications, by regions / geography.
  • Competitive landscape: for producers, development trends.
  • Revenue of the product for the best players: market share, growth rate, analysis of the current market situation.
  • Sales revenue: market share, growth rate, current market analysis.

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Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

Frequently Asked Question-

  • What is the most rented piece of construction equipment?
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How Does Construction Equipment Market Research Report Help?

  1. To receive insightful industry research and to provide a clear understanding of the “Construction Equipment Rental Industry” and the commercial environment.
  2. What are the problems facing Construction Equipment Rental Industry related producers and the emerging prospects and threats they face?
  3. Think about the Construction Equipment Rental Industry business tactics that peers and leading companies are pursuing.
  4. Construction Equipment Market share in both volume and revenue (regional, commodity, application, end-user) along with CAGR.
  5. Main Construction Equipment Rental Industry parameters that drive this market and curb its growth.

Major Regions for Facilities Management report are as Follows:

North America Construction Equipment Rental Industry along with their countires (USA, Canada and Mexico)

Europe Construction Equipment Rental Industry along with their countires (Germany, France, the United Kingdom, Netherlands, Russia, Italy and Rest of Europe)

Asia-Pacific Construction Equipment Rental Industry along with their countires (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)

South America Construction Equipment Rental Industry along with their countires (Brazil, Argentina, Colombia, rest of countries etc.)

Middle East and Africa Construction Equipment Rental Industry along with their countires (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)

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Key Pointers Covered in the Construction Equipment Market Industry Trends and Forecast

  1. Construction Equipment Rental Industry Procedure Volumes
  2. Recent Developments for Construction Equipment Rental Industry Competitors
  3. Construction Equipment Rental Industry Upcoming applications
  4. Construction Equipment Market Innovators study
  5. Construction Equipment Rental Industry Product Price Analysis
  6. Construction Equipment Market Regulatory Framework and Changes
  7. Construction Equipment Rental Industry Prices and Reimbursement Analysis
  8. Construction Equipment Market Shares in different regions
  9. Construction Equipment Market Size

To conclude, the Construction Equipment Market Study is a source of access to analysis data that is expected to speed up the business exponentially. Information such as economic scenarios, advantages, limits, patterns, market growth rates, and figures are given in the study. SWOT review, along with speculation attainability investigation and venture return investigation, is also implemented into the study.

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