Construction Equipment Rental Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The global construction equipment rental market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period (2022-2028). Construction equipment rental is the service for construction business owner who tends to use the equipment for a short period of time and does not want to deploy heavy investment in keeping inventory. The major factor attributing to the growth of the global construction equipment rental market includes the several benefits provided by equipment rental services, including saving the liquid asset, cost-effectiveness, access to the latest machinery & equipment, reduced maintenance and repair costs, project-specific equipment rental, and shielding from the market fluctuations. Thus, increasing the use of construction equipment rental services.

Construction Equipment Rental Market Segmentations

On the basis of equipment:

• Earthmoving
• Material Handling
• Road Building & Concrete

On the basis product:

• Backhoes
• Excavators
• Loaders
• Crawler Dozers
• Cranes
• Concrete Pumps
• Compactors
• Transit Mixers
• Concrete Mixers
• Others

Competitive Landscape– Boels Rental, H&E Equipment Services Inc., Herc Rentals Inc., Custom truck One Source Inc., and Maxim Crane Works L.P., among others.

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Construction Equipment Rental Market Report

• What was the Construction Equipment Rental Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Construction Equipment Rental Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Construction Equipment Rental Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.