Global Lease management Market

Leasing is a financial arrangement in which a person, company, or other entity pays to use land, a vehicle or other property for a set period. The cash outflow and payments related to leasing are spread out over several years, hence saving the burden of one-time significant cash payments, which helps a business to maintain a steady cash-flow profile. The main types of leasing are automotive equipment leasing, consumer goods, general rental centers, machinery leasing,g and lessors of nonfinancial intangible assets. The automotive equipment leasing industry includes businesses that rent or lease vehicles without drivers, such as passenger cars, truck tractors, utility trailers, buses, semi-trailers, trucks, recreational vehicles (RVs,) and passenger vans. The different modes include online, and offline and involve various lease types such as closed-ended lease, option to buy the lease, sub-vented lease, and others. The leasing market research report is one of a series of new reports from The Business Research Company that provides leasing market statistics, including leasing industry global market size, regional shares, competitors with a leasing market share, detailed leasing market segments, market trends, and opportunities, and any further data you may need to thrive in the leasing industry. This leasing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global leasing market grew from $1519.9 billion in 2022 to $1674.39 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The leasing market is expected to grow to $2424.62 billion in 2027 at a CAGR of 9.7%. The emergence of startups as major clients of leasing service providers is expected to drive the market. Driven by cost efficiency and the necessity to acquire advanced equipment which is often high-priced, startups have started renting or leasing their equipment. The increasing number of startups is also expected to positively impact the market. For instance, according to the Department for Promotion of Industry and Internal Trade report, there are 16,000 start-ups in India during 2020-2021, depicting new opportunities for the leasing market in the client expansion and revenue generation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the leasing market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the leasing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Internet of things technology is widely being used by car rental and leasing companies to maintain and manage fleets. The Internet of things is a network of internet-connected objects or devices able to collect and exchange data using embedded sensors. According to ABI Research, a US-based technology company, 30 million new connected vehicles are sold worldwide in 2020, accounting for about 41% of all new auto sales. Furthermore, approximately 94 million IoT-connected cars are shipped in 2021, which is likely to be 82% of all cars shipped. Using IoT technology, car leasing companies can access odometer and diagnostic trouble codes (DTCs) in real time which facilitates fleet maintenance. This technology is also being used by car rental companies to check fuel level information at the point of car return, eliminating the need for staff to check fuel levels manually. Further, virtual key solutions for locking and unlocking doors help avoid the management of a large number of physical keys. For example, car rental firm Hertz is implementing IoT technology to provide keyless car rental services and manage its fleet to reduce costs. Major companies in the leasing market include Enterprise Holdings Inc., Berkshire Hathaway Inc., McDonald's, Daimler AG, LeasePlan Corporation N.V., General Electric Company, United Rentals Inc., Koninklijke Ahold Delhaize N.V, Tokyo Century and Ford Motor Co. Asia-Pacific was the largest region in the leasing market in 2022. North America was the second-largest region in leasing market. The regions covered in the leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the leasing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The leasing market consists of revenues earned by entities that are engaged in providing variety of tangible goods leasing services such as passenger car rental, consumer goods rental, general rental, heavy construction machinery rental. This market does not include house leasing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global leasing market is segmented - 1) By Type: Automotive Equipment Leasing, Consumer Goods And General Rental Centers, Machinery Leasing, Lessors Of Nonfinancial Intangible Assets 2) By Mode: Online, Offline 3) By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types Subsegments Covered: Passenger Car Rental, Passenger Car Leasing, Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing, Consumer Goods Rental, General Rental Centers, Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental, Other Commercial And Industrial Machinery And Equipment Rental, Oil Royalty Companies, Patent Owners And Lessors

Machinery leasing is a process of obtaining commercial-type and industrial-type machinery, vehicles, or other equipment for temporary use in exchange for periodic payments paid to the machinery owner as leasing rent. Machinery leasing helps make lower monthly payments than with a loan, benefiting from tax advantages, getting a fixed financing rate instead of a floating rate, conserving working capital and avoiding cash-devouring down payments, and gaining immediate access to the most up-to-date business tools. The main types of machinery leasing are heavy construction machinery rental, commercial air, rail, and water transportation equipment rental, mining, oil and gas, forestry machinery and equipment rental, office machinery, and equipment rental, and other commercial and industrial machinery and equipment rental. Heavy equipment rental refers to a location where huge pieces of machinery or large vehicles, typically related to construction, can be stored and retrieved for public use, and may also feature extra and related retail activities. The different modes including online, and offline involve various lease types such as closed-ended lease, option to buy the lease, sub-vented lease, and others. The machinery leasing market research report is one of a series of new reports from The Business Research Company that provides machinery leasing market statistics, including the machinery leasing industry global market size, regional shares, competitors with a machinery leasing market share, detailed machinery leasing market segments, market trends and opportunities, and any further data you may need to thrive in the machinery leasing industry. This machinery leasing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global machinery leasing market grew from $372.83 billion in 2022 to $406.76 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The machinery leasing market is expected to grow to $560.72 billion in 2027 at a CAGR of 8.4%. The emergence of start-ups as major clients of leasing service providers is expected to drive the market. Driven by cost efficiency and the necessity to acquire advanced equipment which is often high-priced, start-ups have started renting or leasing their equipment. The increasing number of start-ups is also expected to positively impact the market. For instance, according to the Department for Promotion of Industry and Internal Trade, the number of start-ups in India reached 16,000 in 2020, depicting new opportunities for the leasing market in client expansion and revenue generation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the machinery leasing market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the machinery leasing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy Companies are increasingly leasing 3D printing equipment for manufacturing purposes. The 3D printer is a computer-aided manufacturing device that creates three-dimensional objects by receiving digital data from a computer as input by building a three-dimensional model out of custom material. 3D printing is gaining popularity as manufacturers are becoming more familiar with industrial-grade 3D printers. Industrial-grade 3D printers are capable of printing large products with high precision and with a wide range of materials. 3D printer leasing can reduce the overall reduction of cost of the manufacturer rather than buying. For instance, Divide by Zero Technologies offers 3D printers on a lease for customers in India. Major companies in the machinery leasing market are General Electric Company, United Rentals Inc., Tokyo Century, Berkshire Hathaway Inc., Ashtead Group plc, AerCap Holdings N.V., Fuyo General Lease Co., Ltd., NetJets, Nissan Motor Co Ltd., and Air Lease Corporation. Asia-Pacific was the largest region in the machinery leasing market in 2022. North America was the second-largest region in the machinery leasing market. The regions covered in the machinery leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machinery leasing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The machinery rental market consists of revenues earned by entities that provide capital or investment-type equipment that clients use in their business operations. These establishments typically cater to a business clientele and do not generally operate a retail-like or storefront facility. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global machinery leasing market is segmented - 1) By Type: Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental, Other Commercial And Industrial Machinery And Equipment Rental 2) By Mode: Online, Offline 3) By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types

Automotive equipment leasing refers to obtaining automotive equipment by businesses for temporary use on a rental or lease basis against periodic contractual payments. Automotive equipment leasing help with the risk of obsolescence, easy source of finance, is preferable to a term loan, has tax benefits, and has low maintenance costs. The main types of automotive equipment leasing are passenger car rental, passenger car leasing, truck, utility trailer, and RV (recreational vehicle) rental and leasing. The passenger automobile rental sector consists of businesses that rent or lease passenger cars without drivers. The different modes include online, and offline and involve various lease types such as closed-ended lease, option to buy the lease, sub-vented lease, and others. The automotive equipment leasing market research report is one of a series of new reports from The Business Research Company that provides automotive equipment leasing market statistics, including automotive equipment leasing industry global market size, regional shares, competitors with an automotive equipment leasing market share, detailed automotive equipment leasing market segments, market trends and opportunities, and any further data you may need to thrive in the automotive equipment leasing industry. This automotive equipment leasing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive equipment leasing market grew from $434.06 billion in 2022 to $486.28 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive equipment leasing market is expected to grow to $747.9 billion in 2027 at a CAGR of 11.4%. Technological advances will be a key driver of the automotive equipment rental and leasing market in the forecast period. Digital technologies such as the internet of things (IoT) and big data are increasingly being used by car leasing companies to better manage their fleet, reduce operational costs and improve customer service. Innovations in mobility technologies such as in-car navigation and automation will also drive the demand for leased vehicles, especially among millennials. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the automotive equipment leasing market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the automotive equipment leasing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Automotive equipment leasing companies are using technologies such as big data to improve customer service and increase vehicle life. Big data involves large amounts of data that can be analyzed to gain insights and drive decision-making. Big data would allow the leasing company to remind the driver to book a car for the service or replace engine oil. This technology could also help leasing companies in minimizing driver risk and prevent the number of accidents, by giving the companies insights into the driving habits and whereabouts of their fleet. Companies such as Lex Auto lease have been increasingly using big data to drive cost reduction and risk mitigation. Major companies in the automotive equipment leasing market include Enterprise Holdings Inc., Daimler AG, LeasePlan Corporation N.V., Ford Motor Co, Berkshire Hathaway Inc., Avis Budget Group Inc., Hertz Global Holdings Inc., ALD Automotive, Penske Truck Leasing, Ryder System Inc. Western Europe was the largest region in the automotive equipment leasing market in 2022. Asia-Pacific was the second-largest region in the automotive equipment leasing market. The regions covered in the automotive equipment leasing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the automotive equipment leasing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The automotive equipment leasing market consists of revenues earned by entities that provide passenger cars and trucks/vans, utility trailers, and recreational vehicles (RVs) without drivers. These establishments generally operate a retail store-like facility for automotive equipment renting and leasing. Some automotive equipment rental and leasing companies offer short-term rental or long-term leases, while others provide both types of services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive equipment leasing market is segmented - 1) By Type: Passenger Car Rental, Passenger Car Leasing, Truck, Utility Trailer, And RV (Recreational Vehicle) Rental And Leasing 2) By Mode: Online, Offline 3) By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types

Real estate rental refers to properties used as dwellings or provided on rent to rental occupants, or tenants, for temporary use by the property owners. The rent of goods or services is governed by a rental agreement or contract between an owner of a product and an end-user where payment is made by the end user for the temporary use of the product. The main types of real estate rental are residential buildings and dwellings rental services, non-residential buildings rental services, mini-warehouses, self-storage unit rental services, and other rental services. Residential rental property is defined as a dwelling bought by an investor and occupied by tenants under a lease or other sort of rental arrangement. The different modes include online, and offline and involve various property types such as fully furnished, semi-furnished, and unfurnished. The real estate rental market research report is one of a series of new reports from The Business Research Company that provides real estate rental market statistics, including the real estate rental industry global market size, regional shares, competitors with a real estate rental market share, detailed real estate rental market segments, market trends and opportunities, and any further data you may need to thrive in the real estate rental industry. This real estate rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global real estate rental market grew from $2,375.91 billion in 2022 to $2,561.84 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The real estate rental market is expected to grow to $3,388.85 billion in 2027 at a CAGR of 7.2%. Real estate agents are increasingly using new technologies such as online listing, video, and virtual reality (VR), to provide better services to clients and strengthen the buyer-agent relationship. With advancements in technology, the role of real estate agents is shifting from just an information arbitrators to local market experts and service providers. Online real estate listing services such as Zillow and realtor.com provide housing databases and information on tax and purchase history. Technologies such as video, VR tours, and e-signing services also streamline real estate transactions. For instance, in June 2021, Cartus Corporation, a real estate services company based in the United States, launched a new technology-enabled global personnel solution under its Language and Intercultural Solutions business line. The new digital learning environment, as well as Language and Intercultural Solutions, assists employees in traveling and relocating to new locations, as well as coaching them through some of the most critical transitions in their professional and personal Major companies in the real estate rental market include Daito Trust Construction Co. Ltd., Brookfield Asset Management, American Tower Corporation, Sun Hung Kai Properties Limited, CapitaLand Limited, Mitsui Fudosan Co. Ltd., Xiamen C&D, Simon Property Group Inc., Digital Realty Trust Inc., and Leopalace21 Corporation. Asia-Pacific was the largest region in the real estate rental market in 2022. North America was the second-largest region in the real estate rental market. The regions covered in the real estate rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the real estate rental market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The real estate rental market consists of revenues earned by entities that rent, lease, and allow the use of buildings and or land such as serviced offices and co-working spaces. The rental agreement is a document used for the occupying of space (either commercial or residential) for a period of time in exchange for monthly rent. This market also includes managing, selling, renting, buying, and appraising real estate for others. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global real estate rental market is segmented - 1) By Type: Residential Buildings And Dwellings Rental Services, Non-Residential Buildings Rental Services, Mini warehouses And Self-Storage Units Rental Services, Other Rental Services 2) By Mode: Online, Offline 3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished

Consumer goods rental refers to a place for renting out essential consumer and homeowner products for a specified period. General rental centers refer to a place for renting general equipment, such as construction tools, for a specified period. The consumer goods and general rental centers rent out or lease personal and household-type goods for short-term rental although, in some instances, the goods may be leased for longer periods. The main types of consumer goods and general rental centers (equipment rental centers) are public organizations, private organizations, and individuals. A not-for-profit economic development group or any not-for-profit organization, including those that sponsor or promote community or tourism activities and events, is referred to as a public organization. The different religious groups including Christians, Muslims, Hindus, and others and are used in various applications such as electronics, healthcare, formal wear, costume video tape and disc, and recreational goods. The various distribution channels include online and offline. The consumer goods and general rental centers (equipment rental centers) market research report is one of a series of new reports from The Business Research Company that provides consumer goods and general rental centers (equipment rental centers) market statistics, including consumer goods and general rental centers (equipment rental centers) industry global market size, regional shares, competitors with a consumer goods and general rental centers (equipment rental centers) market share, detailed consumer goods and general rental centers (equipment rental centers) market segments, market trends and opportunities, and any further data you may need to thrive in the consumer goods and general rental centers (equipment rental centers) industry. This consumer goods and general rental centers (equipment rental centers) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global consumer goods and general rental centers market grew from $157.36 billion in 2022 to $170.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The consumer goods and general rental centers market is expected to grow to $229.6 billion in 2027 at a CAGR of 7.7%. Consumer goods and general rental centers are increasingly investing in marketing their products through How-to and DIY videos and tips through online channels. DIY or Do-it-yourself and How-to sections on their websites include methods to use their products, decorate, repair furniture, comparative analysis of equipment, product purchasing guide, and home furnishing. For instance, Home Depot, a general goods rental service store, has a YouTube channel and webpage dedicated to these videos. Gillman Homecenter, Lowe’s DesignHub, Aaron’s, and Rent-A-Center are among the major companies that provide such tips, guides, and videos for their online consumers. With the rise in mobile phone and internet penetration, online portals and mobile applications are being widely used to rent or lease goods. These mobile applications and online portals consist of an interface that enables users to view products and choose the desired one to be rented. The online leasing portals may offer various types of products or specialize in a single product. Major products being widely offered for lease through online portals include electronics, furniture, appliances, cameras, and others. According to PricewaterhouseCoopers, around 44% of US adults are familiar with the sharing economy which includes leasing and this market is expected to increase from $15 billion in 2014 to $335 billion by 2025. Major companies in the consumer goods and general rental centers market include The home depot, Aaron's Inc., SK Holdings, CORT, Rent-A-Center Inc., JCDecaux Group, HSS Hire Group plc, EVI Industries, Inc. (EnviroStar, Inc), Red-D-Arc and Axia Acquisition Corporation. Asia-Pacific was the largest region in the consumer goods and general rental centers market in 2022. Western Europe was the second-largest region in the global consumer goods and general rental centers market. The regions covered in the consumer goods and general rental centers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the consumer goods and general rental centers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The consumer goods and general rental centers (equipment rental centers) market consists of revenues earned by entities that are engaged in renting out or leasing personal and household-type goods such as consumer electronics and appliances rental, formal wear and costume rental, videotape and video games rental, other consumer goods rental, audiovisual equipment rental, contractors and builders tools, and equipment rental. Establishments in this market generally provide short-term rental although, in some instances, the goods may be leased for longer periods of time. These establishments often operate from a retail-like or storefront facility. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global consumer goods and general rental centers market is segmented - 1) By Type: Consumer Goods Rental, General Rental Centers 2) By Application: Electronics, Healthcare, Formal Wear and Costume, Video Tape and Disc, Recreational Goods 3) By Distribution Channel: Online, Offline Subsegments Covered: Consumer Electronics And Appliances Rental, Formal Wear And Costume Rental, Video Tape And Video Games Rental, Other Consumer Goods Rental, Audio Visual Equipment Rental, Contractors And Builders Tools And Equipment Rental, Home Repair Tools Rental, Lawn And Garden Equipment Rental, Other Equipment Rental

Construction equipment rental refers to the service of renting out small and large construction equipment required for the execution, completion, and maintenance of construction work. Renting construction equipment saves construction contractors the cost of new equipment, labour costs, maintenance costs, and operational costs. The main construction rental equipment includes earthmoving, material handling, road building, and concrete. Earthmoving construction equipment moves soil and other material on heavy construction sites in preparation for constructing buildings. The different construction equipment rental products include backhoes, excavators, loaders, crawler dozers, cranes, concrete pumps, compactors, transit mixers, and concrete mixers, which are used in residential, commercial, and industrial applications. The construction equipment rental research report is one of a series of new reports from The Business Research Company that provides construction equipment rental statistics, including global market size, regional shares, competitors with construction equipment rental shares, detailed construction equipment rental segments, market trends and opportunities, and any further data you may need to thrive in the construction equipment rental industry. This construction equipment rental research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global construction equipment rental market size grew from $95.23 billion in 2022 to $100.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction equipment rental market size is expected to grow to $121.76 billion in 2027 at a CAGR of 5.0%. The growing construction industry is expected to propel the growth of the construction equipment rental market going forward. The construction industry is rising because of ongoing urbanization, impending infrastructural projects, and a growing population base. The construction sector uses a variety of construction equipment such as tower cranes, bulk material handling, transit mixers, batching plants, concrete pumps, and others. Renting this equipment helps contractors reduce the cost of purchase and maintenance. According to the global construction review report published in 2021, construction will be a driving force in global economic growth in the decade to 2030, with output estimated to be 35% greater than in the previous ten years to 2020. Hence, the growing construction industry will drive the growth of the construction equipment rental market. Replacing conventional equipment with telematics-integrated machinery is a rising trend in the construction equipment market. Telematics is integrated into the construction equipment for GPS fleet tracking, maximizing fleet utilization, safeguarding equipment from theft, improving billing, equipment utilization, and others. For instance, in 2020, Appareo, a US-based manufacturer of electronic and software solutions, launched a cellular asset tracking device for off-highway equipment called  AT-130 (IP69K). The device is embedded with GPS and cellular capabilities have a high battery life and can withstand high pressure. The high-performance positioning and motion-sensing capabilities ensure that motion-based reporting is done based on true machinery repositioning, which helps to extend the battery life of the equipment and reduce false alarms. In October 2022, H&E Equipment Services, Inc., a US-based integrated equipment company that provides equipment rentals, sales, parts, and service, acquired One Source Equipment Rentals Inc. for an undisclosed amount. This acquisition will help H&E Equipment Services, Inc. expand its presence in Illinois, Indiana, and Kentucky by adding 10 equipment rental locations. One Source Equipment Rentals Inc. is a US-based supplier of construction and industrial equipment on rent. Major players 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 North America was the largest region in the construction equipment rental market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction equipment rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction equipment rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The construction equipment rental market consists of revenues earned by entities that rent out construction-related machinery, equipment, and tools to other contractors and professionals for a flat rate on a daily, weekly, or monthly basis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. 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

Online clothing rental refers to services that allow clients to rent apparel and other accessories for some time. These services offer fashion items from different brands that customers can filter by categories and styles. The presence of online clothing rental services enables people to lower the need for getting new clothes for special occasions and thus save money. The main types of clothing styles of online clothing retail are western wear, ethnic wear, and others. Western wear clothing refers to clothing styles from countries in the West such as the United States, Canada, or parts of Europe or which derives their unique style from the clothes worn in the 19th-century American West. The various dress codes of online clothing rental are formal, casual, and traditional wear which are available in the low, mid, and premium price ranges. The different types of end-users of online clothing rental are women, men, and kids. The online clothing rental market research report is one of a series of new reports from The Business Research Company that provides online clothing rental market statistics, including online clothing rental industry global market size, regional shares, competitors with a online clothing rental market share, detailed online clothing rental market segments, market trends and opportunities, and any further data you may need to thrive in the online clothing rental industry. This online clothing rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global online clothing rental market size grew from $1.42 billion in 2022 to $1.57 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The online clothing rental market size is expected to grow to $2.35 billion in 2027 at a CAGR of 10.6%. The increase in mobile and internet penetration is expected to propel the growth of the online clothing rental market. Economic development, IT infrastructure, supportive government, and business policies, and the degree of urbanization all have a positive impact on mobile and internet growth. In an online clothing rental service, a person rents clothing online with the use of the internet and makes the payment online. According to Data Reportal, a Singapore-based business intelligence company, in October 2021, 4.88 billion people (almost 62%) in the world are using the internet. According to Bankmycell, a US-based price comparison site for mobile phones, in 2021, there are 6.378 billion (80.76% of the world population) smartphone users. Therefore, increasing mobile and internet penetration is driving the growth of the online clothing rental market. Technological advancements are shaping the online clothing rental market. Technological advancement has helped online clothing businesses to sync up all their operations and business processes. For instance, in October 2021, H&M, a Swedish-based multinational clothing company launched blockchain-based clothes rental service with scannable IoT labels on the clothing. With this, customers at H&M’s store can pick garments for instant hire by scanning IoT-connected stickers with their smartphones. Customers can access this service by signing up for Spin and then paying up to $11 in daily hire fees. Reselling or renting alongside innovation in materials is helping create sustainable consumption patterns. In November 2020, Wardrobe, a US-based online clothing rental acquired Rent My Wardrobe for an undisclosed amount. Through this acquisition, Wardrobe expected to attract and gain tens of thousands of customers in addition to strengthening its position in the southern states of the USA. Rent My Wardrobe is a US-based online marketplace where users can rent out clothes and other accessories. Major players in the online clothing rental market are Style Lend Company, Rotaro, Rent the Runway, Rent It Bae Company, Mine for Nine LLC, Le Tote, La Reina, Gwynnie Bee, Glam Corner Pty Ltd., FlyRobe, Dress Hire, Dress & Go, ThreadTread, Stylish Play, and Secret Wardrobe. North America was the largest region in the online clothing retail market in 2022. The regions covered in the online clothing rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the online clothing rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The online clothing rental market includes revenues earned by entities by providing services such as subscription-based renting, budgeting, purchasing the inventory, and online store. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global online clothing rental market is segmented - 1) By Clothing Styles: Western Wear, Ethnic Wear, Other Clothing Styles 2) By Dress Code: Formal, Casual, Traditional 3) By Price Range: Low, Mid, Premium 4) By End User: Women, Men, Kids

Power rental refers to a service that allows leasing equipment that temporarily provides prime or standby power as and when needed. Generator sets, load banks, and an electrical distribution system are commonly rented for power. The main equipment of the power rental includes generators, transformers, load banks, and others. Generators are gadgets that provide electrical power in the event of a power loss, allowing daily activities and business operations to continue uninterrupted. The major applications of this equipment are standby power, peak shaving, and base load/continuous power. Diesel, natural gas, and others fuel types are used to run the power rental equipment and are used in various end-user segments which also include utilities, oil & gas, construction, manufacturing, metal & mining, IT and data centers, corporate & retail, events, and others. The power rental market research report is one of a series of new reports from The Business Research Company that provides power rental market statistics, including the power rental industry global market size, regional shares, competitors with a power rental market share, detailed power rental market segments, market trends and opportunities, and any further data you may need to thrive in the power rental industry. This power rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global power rental market size grew from $9.98 billion in 2022 to $10.91 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The power rental market size is expected to grow to $16.2 billion in 2027 at a CAGR of 10.4%. Rapid industrialization is driving the growth of the power rental market. It has led to a rapid increase in economic development. There has been developed in various sectors which include, information technology, manufacturing, and construction. Each of these sectors requires a continuous supply of power to carry on their operations smoothly. For instance, in October 2021, India's Prime Minister Narendra Modi unveiled a $1.3 trillion master plan for multimodal connectivity to construct infrastructure to reduce logistic costs and boost the Indian economy. The $1.3 trillion plan also includes a $130.57 billion allocation to the infrastructure sector. Therefore, demand for power rental will rise as the prevalence of rapid industrialization and increased spending on infrastructure development in major developing nations. Partnerships and collaborations are gaining trends in the power rental market. Companies are entering into partnerships to expand their market by leveraging each other's resources. For instance, in November 2021, DT Hughes Group, a UK-based building material supplier, entered into a partnership with Sunbelt Rentals, a US-based company that rents general construction equipment, and power generators and accessories. The cooperation allows DT Hughes to get cost-effective and environmentally friendly power rental systems, plant gear, and equipment for the excavation, restoration, jointing, and cable installation projects. An important component of DT Hughes's winning offer was utilizing electrical technology to decrease pollution. In January 2022, Herc Rentals, a US-based rental company specializing in equipment & tool rentals for construction and industrial applications, acquired Temp-Power Inc., for an undisclosed amount. With this acquisition, Herc Rentals will leverage the rentals solutions of Temp-Power. Temp-power is a Virginia-based company specializing in portable and towable generators, light towers and balloons, power distribution, on-site diesel fuel delivery, temperature control (AC, heat, dehumidifiers), utility vehicles/golf carts, and on-site technicians. Major players in the power rental market are Atlas Copco, Caterpillar, United Rentals, Cummins, Aggreko, Generac, Kohler, Ashtead Group, Herc Rentals, Shenton, Bredenoord, Sudhir Power, Wagner Equipment, GMMCO Limited, and Energyst. Asia-Pacific was the largest region in the power rentals market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the power rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the power rentals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The power rental market includes revenues earned by entities by providing services such as generator rental services and cooling equipment rental services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global power rental market is segmented - 1) By Equipment: Generators, Transformers, Load Banks, Other Equipments 2) By Application: Standby Power, Peak Shaving, Base Load/Continuous Power 3) By Fuel Type: Diesel, Natural Gas, Other Fuel Types 4) By End-Users: Utilities, Oil And Gas, Construction, Manufacturing, Metal And Mining, IT And Data centers, Corporate And Retail, Events, Other End-Users