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Research Reports

Construction Equipment Rental Market Projected to Reach $106,422.0 Million by 2027

The construction equipment rental is the service to rent out construction equipment to end users for a certain period of time by signing contracts with terms and condition about their usage. Construction equipment are majorly used at construction mining sites to facilitate heavy operations. The global construction equipment rental market size was $91.0 billion inContinue reading “Construction Equipment Rental Market Projected to Reach $106,422.0 Million by 2027”

Published : 3 years ago, on

The construction equipment rental is the service to rent out construction equipment to end users for a certain period of time by signing contracts with terms and condition about their usage. Construction equipment are majorly used at construction mining sites to facilitate heavy operations.

The global construction equipment rental market size was $91.0 billion in 2019, and is expected to reach $106.4 billion by 2027, registering a CAGR of 4.2% from 2020 to 2027.

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The report analyzes the global construction equipment rental market on the basis of application, product, propulsion system, and region. The growth of the global market is driven by surge in infrastructural construction activities in developing nations. In addition, rental services save end users from investing a large amount in buying the equipment, thereby overcoming the financial constraints. 

Top 10 Leading Players

  • Boels Rentals
  • H&E Equipment Services
  • Herc Rentals Inc.
  • Kanamoto Co., Ltd.
  • Nesco Holdings, Inc.
  • Maxim Crane Works, L.P.
  • Mtandt Group
  • Ramirent
  • Sarens n.v./s.a.
  • United Rentals, Inc.

Key Benefits

  • The report provides an extensive analysis of the current and emerging construction equipment rental market trends and dynamics.
  • In-depth construction equipment rental market analysis is conducted by estimations for the key segments between 2020 and 2027.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
  • The construction equipment rental market forecast analysis from 2020 to 2027 is included in the report.

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Key Market Segments

By Application

  • Excavation & Mining
  • Material Handling
  • Earthmoving
  • Concrete

By Product

  • Backhoes & Excavators
  • Loaders
  • Crawler Dozers
  • Cranes
  • Forklift
  • Other

By Propulsion System

  • Electric
  • ICE

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/7021

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication's content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

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