Construction Equipment Rental, also called plant hire in some countries (in the UK for instance), is a service industry providing machinery, equipment and tools of all kinds and sizes (from earth moving to powered access, from power generation to hand-held tools, etc.) for a limited period of time to final users, mainly to construction contractors but also to industry and individual consumers.
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Scope of the Report:
This report studies the Construction Equipment Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Construction Equipment Rental market by product type and applications/end industries.This market research report identifies the high prices of equipment that meet emission regulations as one of the primary drivers for the growth of the global construction equipment rental market.
One of the key trends that will gain traction in the global construction equipment rental market is the growing preference for a joint venture in equipment rental. Joint ventures among big construction equipment rental companies enable them to enhance their product portfolio and help them obtain cost optimality in large-scale projects.The customers in the US are becoming more accustomed to the flexibility of the outsourcing model, which drives the penetration of rental construction equipment in North America. In the forthcoming years, the rental market penetration in the US is expected to increase by 10%.
The region will continue to adopt rental construction equipment during the estimated period due to the rising technical changes in equipment.The global Construction Equipment Rental market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Construction Equipment Rental.Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Sunbelt Rentals
- Herc Rentals
- United Rentals
- Speedy Hire
- Select Plant Hire
- HSS Hire Service Group
- HKL Baumaschinen GmbH
- RSC Equipment Rental
- Finning International
- H&E Equipment Services
- American Equipment Company
- Maxim Crane Works
- Neff Rental
- Ahern Rentals
- Coates Hire
- Nishio Rent All
- Kanamoto Co
- Komatsu Group
- Hitachi Construction Machinery
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Online Rental
- Offline Rental
Market Segment by Applications, can be divided into
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Table of content
1 Construction Equipment Rental Market Overview
1.1 Product Overview and Scope of Construction Equipment Rental
1.2 Classification of Construction Equipment Rental by Types
1.2.1 Global Construction Equipment Rental Revenue Comparison by Types (2017–2023)
2 Manufacturers Profiles
2.1 Sunbelt Rentals
2.1.1 Business Overview
2.1.2 Construction Equipment Rental Type and Applications
3 Global Construction Equipment Rental Market Competition, by Players
3.1 Global Construction Equipment Rental Revenue and Share by Players (2013–2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Construction Equipment Rental Players Market Share
Key Que Answered in this report:
- What will the Construction Equipment Rental Market the growth rate be in 2025?
- What are the key factors driving the Global Construction Equipment Rental Market with a focus on the Chinese market?
- What are the key market trends in Construction Equipment Rental Market?
- improve pasting the growth of the Construction Equipment Rental Market?
- What are the challenges to Global Construction Equipment Rental Market?
- What are the market opportunities and threats faced by the vendors in the Global Construction Equipment Rental Market?
- What are the key outcomes of the five forces analysis of Construction Equipment Rental Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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