The Construction equipment rental is defined as the service to rent out construction equipment to end users for a certain period of time by signing contracts with terms & conditions about their uses. These equipments are majorly used at construction & mining sites to facilitate heavily operations. The surge in the construction & mining activities, mostly in the developing regions is the key driving factor for growth of global construction equipment rental market.
The increase in advancements of new technologies including digital services for automated service improvements, equipment service tracking & mapping features expected to boost the global construction equipment rental market growth. Construction equipment manufacturers are focusing on incorporating advanced safety features such as lift assist, additional work lights, and 360-degree camera visual will support the market growth. Also, the rise in construction and mining activities will propel the global construction equipment market growth during this forecast period. Moreover, additional expenses incurred owing to maintenance of the equipment, high wages of skilled operators, and excessive operational cost can be saved by renting equipment for the required time will significantly drive the global construction equipment rental market growth over the forecast period.
Lack of skilled labors is a major restraining factor which is expected to hamper the global construction equipment rental market growth over the forecast period. Also, lack of incentives and favorable tax policy may hinder the global construction equipment rental market growth.
The Global Construction Equipment Rental Market is segmented into product such as Backhoes & Excavators, Loaders, Crawler Dozers, Cranes, Forklift, and Others, by propulsion system such as Electric, and ICE. Further, market is segmented into application such as Excavation & Mining, Material Handling, Earthmoving, and Concrete.
Also, the Global Construction Equipment Rental Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as United Rentals, Inc., Herc Holdings Inc., Ashtead Group Plc, Aktio Corporation, Loxam Sas, Kanamoto Co., Ltd., Nishio Rent All Co., Ltd, H&E Equipment Services, Inc., Nikken Corporation, Cramo Group, etc.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Construction Equipment Rental Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Construction Equipment Rental Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Construction Equipment Rental Market Share Analysis, By Product
5.3 Global Construction Equipment Rental Market Size and Forecast, By Product
5.3.1 Backhoes & Excavators
5.3.2 Loaders
5.3.3 Crawler Dozers
5.3.4 Cranes
5.3.5 Forklift
5.3.6 Others
6 Global Construction Equipment Rental Market, By Propulsion System
6.1 Y-o-Y Growth Comparison, By Propulsion System
6.2 Global Construction Equipment Rental Market Share Analysis, By Propulsion System
6.3 Global Construction Equipment Rental Market Size and Forecast, By Propulsion System
6.3.1 Electric
6.3.2 ICE
7 Global Construction Equipment Rental Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Construction Equipment Rental Market Share Analysis, By Application
7.3 Global Construction Equipment Rental Market Size and Forecast, By Application
7.3. 1 Excavation & Mining
7.3.2 Material Handling
7.3.3 Earthmoving
7.3.4 Concrete
8Global Construction Equipment Rental Market, By Region
8.1 Global Construction Equipment Rental Market Share Analysis, By Region
8.2 Global Construction Equipment Rental Market Share Analysis, By Region
8.3 Global Construction Equipment Rental Market Size and Forecast, By Region
9 North America Construction Equipment Rental Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Construction Equipment Rental Market Share Analysis, By Product
9.3 North America Construction Equipment Rental Market Size and Forecast, By Propulsion System
9.4 North America Construction Equipment Rental Market Size and Forecast, By Application
9.5 North America Construction Equipment Rental Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeConstruction Equipment Rental Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Construction Equipment Rental Market Share Analysis, By Product
10.3 Europe Construction Equipment Rental Market Size and Forecast, By Propulsion System
10.4 Europe Construction Equipment Rental Market Size and Forecast, By Application
10.5 Europe Construction Equipment Rental Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Construction Equipment Rental Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Construction Equipment Rental Market Share Analysis, By Product
11.3 Asia Pacific Construction Equipment Rental Market Size and Forecast, By Propulsion System
11.4 Asia Pacific Construction Equipment Rental Market Size and Forecast, By Application
11.5 Asia Pacific Construction Equipment Rental Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Construction Equipment Rental Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Construction Equipment Rental Market Share Analysis, By Product
12.3 Latin America Construction Equipment Rental Market Size and Forecast, By Propulsion System
12.4 Latin America Construction Equipment Rental Market Size and Forecast, By Application
12.5 Latin America Construction Equipment Rental Market Size and Forecast, Country
13Middle East Construction Equipment Rental Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Construction Equipment Rental Market Share Analysis, By Product
13.3 Middle East Construction Equipment Rental Market Size and Forecast, By Propulsion System
13.4 Middle East Construction Equipment Rental Market Size and Forecast, By Application
13.5 Middle East Construction Equipment Rental Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 United Rentals, Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Herc Holdings Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Ashtead Group Plc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Aktio Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Loxam Sas
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Kanamoto Co., Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Nishio Rent All Co., Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 H&E Equipment Services, Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Nikken Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10Cramo Group
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
