Construction Equipment Rental Market, By Machinery, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Construction equipment rental services are an excellent option for those who need a particular piece of machinery but don't want to commit the funds required for purchase. Renting also helps companies avoid additional costs such as insurance, maintenance and repair costs and depreciation. Moreover, renting eliminates the need for storage and allows for quick turnaround on equipment rentals to keep projects on schedule. Due to the escalating cost of new equipment, rental options have become increasingly popular among contractors and significant construction businesses.

Market Dynamics:

Rise in construction & mining activities globally is expected to drive growth of the global construction equipment rental market over the forecast period. Government policies in developing infrastructure for urban & rural regions as well as growing construction engineering across various industries also fuels the demand for construction equipment rentals. One of the important trend observed in the construction equipment rental market is the focus of many companies on fleet development.

However, factors such as lack of qualified and skilled professionals is expected to hinder growth of the global construction equipment rental market.

Key features of the study:

This report provides in-depth analysis of the global construction equipment rental market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global construction equipment rental market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Ramirent, AKTIO Corporation, NISHIO RENT ALL Co., Ltd., AB2000, Cramo Oyj, Ahern Rentals Inc., Byrne Equipment Rental, American Equipment Company, Inc., United Rentals, Inc. (acquired BlueLine Rental), and Ashtead Group plc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global construction equipment rental market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global construction equipment rental market

Detailed Segmentation:

Global Construction Equipment Rental Market, By Machinery
- Earthmoving machinery
- Material handling machinery
- Concrete & road construction Machinery
Global Construction Equipment Rental Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profiles:
- Ramirent
- AKTIO Corporation
- NISHIO RENT ALL Co., Ltd.
- AB2000
- Cramo Oyj
- Ahern Rentals Inc.
- Byrne Equipment Rental
- American Equipment Company, Inc.
- United Rentals, Inc.
- (acquired BlueLine Rental)
- Ashtead Group plc.

Product Code: CMI6036

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Machinery
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
High cost of purchasing construction equipment
Rise in advancement of rental equipment technology
- Restraints
Unstable demand of construction industry
Lack of qualified and skilled professionals
- Opportunities
Low penetration of rental services in developing countries
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Construction Equipment Rental Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Construction Equipment Rental Market , By Machinery, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Earthmoving machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Material handling machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Concrete & road construction Machinery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Global Construction Equipment Rental Market , By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Machinery, 2018-2030,(US$ Bn)

7. Competitive Landscape

Ramirent
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
AKTIO Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
NISHIO RENT ALL Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
AB2000
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Cramo Oyj
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Ahern Rentals Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Byrne Equipment Rental
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
American Equipment Company, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
United Rentals, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Ashtead Group plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

8. Section

Research Methodology
About us

Construction Equipment Rental Market, By Machinery, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030