FAQs

Construction Equipment Rental Global Market Report 2022 – By Equipment (Earthmoving, Material Handling, Road Building And Concrete), By Product (Backhoes, Excavators, Loaders, Crawler Dozers, Cranes, Concrete Pumps, Compactors, Transit Mixers, Concrete Mixers), By Application (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2022-2026

What is the definition of the construction equipment rental market?

The construction equipment rental market consists of sales of construction equipment products by entities (organizations, sole proprietors, partnerships) that rent out construction-related machinery, equipment, and tools to other contractors and professionals for a flat rate on daily, weekly or monthly basis. Renting construction equipment saves construction contractors the cost of new equipment, labor cost, maintenance cost, and operational costs.

How will the construction equipment rental market drivers and restraints affect aerospace robotics market dynamics? What forces will shape the construction equipment rental industry going forward?

The construction equipment rental market growth is aided by the growing construction industry.

What is the forecast market size of the construction equipment rental market?

The construction equipment rental market is expected to reach $114.24 billion in 2026 at a rate of 4.77%.

How is the construction equipment rental segmented?

The global construction equipment rental market is segmented -
1) By Equipment: Earthmoving, Material Handling, Road Building and Concrete 2) By Product: Backhoes, Excavators, Loaders, Crawler Dozers, Cranes, Concrete Pumps, Compactors, Transit Mixers, Concrete Mixers 3) By Application: Residential, Commercial, Industrial

Which region has largest share, and what is the market size and growth by geography according to the construction equipment rental global market report?

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Who are the key players of the construction equipment rental market?

Top competitors in the construction equipment rental market are H&E Equipment Services, Inc, Maxim Crane Works, L.P., Boels Rentals, United Rentals Inc., Ashtead Group Plc, Loxam, Herc Holdings Inc., Aktio Corporation, Kanamoto Co. Ltd., Taiyokenki Rental Co., Ltd., Cramo, Ramirent Plc, Kiloutou, Speedy Hire Plc, Nishio Rent All Co. Ltd., The Hertz Corporation, Ahern Rentals and Nikken Corporation

What are the key trends in the construction equipment rental market?

Major trends influencing the construction equipment rental market include replacing conventional equipment with telematics integrated machinery. Telematics is integrated into the construction equipment for GPS fleet tracking, maximizing fleet utilization, safeguarding equipment from theft, improved billing, equipment utilization and others.

What are the major opportunities in the construction equipment rental market and the approaches companies can take to take advantage of them?

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How does the construction equipment rental market relate to the overall economy and other similar markets?

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