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Rental Compressors & Blowers Market

The Global Construction Equipment Rental Market is projected to grow at a CAGR of around 4.7% during the forecast period, i.e., 2022-27.

The Construction Equipment Rental Market Research provides a comprehensive analysis of the global construction equipment rental industry. It examines market trends, growth drivers, challenges, and opportunities for key players in the market.

This growth is attributed to the increasing building & construction activities, especially in China, Japan, and India, coupled with increasing investments from domestic & foreign investors in public & private sectors, which is expected to drive the Asia Pacific market during the forecast period.

Construction Equipment Rental Market 2021 - Business Strategies, Key Regions and Segment Outlook to 2027

European Construction Equipment Rental Market size is expected to exceed USD 47 billion by 2026, according to a latest forecast report by Graphical Research. Rapid increase in the development of robust road infrastructure and smart cities in Europe is fueling the market demand. Initiatives undertaken by government authorities and construction companies toward infrastructural development will support the market expansion.

The report presenting a comprehensive exploration of the global Construction Equipment Rental Market encloses the rate of growth of the market over the projected duration.

Increasing utilization of access platforms in infrastructure projects across the globe is anticipated to drive the AWP rental market growth.

Construction Equipment Rental Market research report categorizes the global market by Equipment (Earthmoving, Material Handling, Road Building & Concrete), Product (Backhoes, Excavators, Loaders, Crawler Dozers, Cranes, Compactors, Concrete Pumps) & by Geography.

The earthmoving & road building equipment segment dominated the construction equipment rental market with a revenue share of over 65% in 2017 is continue grow due to the increasing large-scale construction projects globally. Rapid urbanization has led to the growth in the demand for such equipment in commercial and residential construction activities.

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