Construction Equipment Rental Market

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Construction Equipment Rental Market Size Worth
USD 135.77 Billion by 2027
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Market Size USD 97.70 Billion in 2019, Market
Growth at a CAGR of 4.1, Market Trend High
demand from the APAC region.
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
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. The renting of
construction equipment helps capital-intensive
companies to expand their business as per their
requirement. This, in turn, allows these
companies to serve niche markets and bag multiple
specialty construction projects. Firms reduce
their cost by availing rental equipment over a
long term for numerous projects. Organizations do
not need to make upfront investments in various
heavy equipment, while saving on depreciation and
labor and maintenance costs over a long period of
time. Rental companies take care of these
expenses.
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Market Summary
Further Key Findings from the Report Suggest In
March 2019, Cooper Equipment Rentals announced
the purchase of Prime Rentals, an equipment
rental company located in Canada. This investment
helped the acquirer to expand its business in
South Alberta. In 2019, Siddha Group initiated
the use of new construction technologies such as
Precast, PEB, and Drywall in its works to secure
a better output The market in Asia Pacific is
expected to expand at the highest CAGR of 4.5
from 2020 to 2027. The region is likely to
continue its dominance in the global construction
equipment rental market in terms of both usage
and manufacturing throughout the forecast period.
This region has witnessed growth in the number of
metro projects, highways, airports, hydroelectric
projects, and dams as well as heavy industrial
activities over the last few years. Request Free
Sample Copy _at_ https//www.emergenresearch.com/requ
est-sample/476
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Market Summary
For the purpose of this report, Emergen Research
has segmented the global construction equipment
rental market based on equipment type, product
type, application, and region as
follows Equipment Type Outlook (Revenue USD
Billion Volume Million Units
20172027) Earthmoving Material Handling Road
Building Concrete Product Type Outlook (Revenue
USD Billion Volume Million Units
20172027) Excavators Cranes Backhoes Read More _at_
https//www.emergenresearch.com/industry-report/co
nstruction-equipment-rental-market
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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