Market Size – USD 97.70 Billion in 2019, Market Growth – at a CAGR of 4.1%, Market Trend – High demand from the APAC region.
The Global Construction Equipment Rental Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Construction Equipment Rental industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Construction Equipment Rental market along with crucial statistical data about the Construction Equipment Rental market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The construction equipment rental market is projected to reach value of USD 135.7 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market is attributable to availability of numerous rental options a firm can have to fill the void during outages and give required flexible options that supports logistics and finance.
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Key Points of Construction Equipment Rental Market:
Leading Companies of the Construction Equipment Rental Industry and Profiled in the Report are:
United Rentals, Inc., Mtandt Rentals Limited, Cramo PLC., Nesco Rentals, The Hertz Corporation, Boels Rentals, Unirent LLC, Caterpillar Inc., and Ahern Rentals, Inc.
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Overview of the Construction Equipment Rental Market Report:
Region wise performance of the Construction Equipment Rental industry
North America Construction Equipment Rental market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Construction Equipment Rental market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
Asia Pacific registered fastest revenue CAGR in 2020, and the Construction Equipment Rental market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe Construction Equipment Rental market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Construction Equipment Rental market growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
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Table Of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Construction Equipment Rental Market Segmentation & Impact Analysis
4.1. Construction Equipment Rental Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing financial incentive and spending for supporting infrastructure
4.2.2.2. Stringent emission regulations and initiatives to reduce carbon footprint
4.2.2.3. High spending on prohibitive cost vehicles and government initiatives to decrease dependency on crude oil
4.2.3. Market restraints analysis
4.2.3.1. Lack of supporting infrastructure in developed and emerging nations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Why Choose Emergen Research?
Continued….
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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Emergen Research | Web: www.emergenresearch.com
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