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Construction Equipment Rental Market Study Report Based on Industry Trends and Forecast to 2027

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The market for construction equipment rental is being driven by rise in the demand for advanced construction rental equipment to enable better management of construction and processing activities

Global Construction Equipment Rental Market research report by Emergen Research offers strategic insights into the Construction Equipment Rental business sphere and in-depth analysis of the industrial chain analysis, value chain analysis, upstream raw materials, investment strategies, regional expansions, and competitive landscape. The market for construction equipment rental is being driven by rise in the demand for advanced construction rental equipment to enable better management of construction and processing activities.

The renting of construction equipment helps capital-intensive companies to expand their business as per their requirement. This, in turn, allows these companies to serve niche markets and bag multiple specialty construction projects.

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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Construction Equipment Rental Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the Construction Equipment Rental

In March 2019, Cooper Equipment Rentals announced the purchase of Prime Rentals, an equipment rental company located in Canada. This investment helped the acquirer to expand its business in South Alberta.

In 2019, Siddha Group initiated the use of new construction technologies such as Precast, PEB, and Drywall in its works to secure a better output

Key players operating in the market are Loxam Group, United Rentals, Inc., Mtandt Rentals Limited, Cramo PLC., Nesco Rentals, The Hertz Corporation, Boels Rentals, Unirent LLC, Caterpillar Inc., and Ahern Rentals, Inc.

Radical Highlights of the Construction Equipment Rental Market Report:

  • Comprehensive overview of the Construction Equipment Rental market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Construction Equipment Rental market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Each section of the report reveals critical information about the global Construction Equipment Rental market that could be used to ensure strong growth in the coming years. Our unique blend of primary and secondary research techniques helped us to recognize hidden business opportunities available in the global Construction Equipment Rental market, besides collecting significant insights of market participants and obtaining precise market data. It includes several research studies such as manufacturing cost analysis, absolute dollar opportunity, pricing analysis, company profiling, production and consumption analysis, and market dynamics.

For the purpose of this report, Emergen Research has segmented the global construction equipment rental market based on equipment type, product type, application, and region as follows:

  • Equipment Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
    • Earthmoving
    • Material Handling
    • Road Building
    • Concrete
  • Product Type Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
    • Excavators
    • Cranes
    • Backhoes
    • Crawler Dozers
    • Concrete Pumps
  • Application Outlook (Revenue: USD Billion; Volume: Million Units; 2017–2027)
    • Real Estate
    • Commercial Estate
    • Transport Power Energy Infrastructure
    • Others

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The report considers the following timeline for market estimation:

  • Historical Years: 2017-2018
  • Base Year: 2019
  • Estimated Year: 2027
  • Forecast Years: 2020-2027

Key Points of Construction Equipment Rental Market:

Extensive coverage of the analysis of the Construction Equipment Rental market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Construction Equipment Rental market

Complete data about the key manufacturers and vendors in the Construction Equipment Rental market

Read More: https://www.emergenresearch.com/industry-report/construction-equipment-rental-market

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About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research    and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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Emergen Research | Web: www.emergenresearch.com

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