Orbis Research Present's Global Construction Equipment Rental Market and Global Heavy Equipment Rental Market Segmented By Type, Application and by Geography-Trends and Forecasts (2019-2024) Major Players In This Industry And The Key Strategies Adopted By Them To Sustain And Grow In The Studied Market
Dallas, United States - July 19, 2019 /MarketersMedia/ —
Global Construction Equipment Rental Market 2019-2024
A construction job mandates a large number of heavy machines. There are a number of advantages to lease the construction. Primarily, many contractors want to be able to stay on the cutting edge of technology. New tools are emerging all the time, and leasing equipment means that contractors can utilize the latest products available without taking on extravagant costs. When the lease is up, contractors can simply opt for the newest line of products available.
Scope of the Global Construction Equipment Rental Market Report
This report studies the Construction Equipment Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Construction Equipment Rental market by product type and applications/end industries.
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The practice of leasing instead of purchasing heavy machinery has proven to be beneficial for companies of all sizes across numerous industries, Lower administrative overhead coupled with reduced expense and maintenance will drive construction equipment rental market size. Since industry vendors need to comply with the pervasive regulatory landscape, buyers benefit from elimination of replacement costs and associated expenditure. Other trends positively impacting revenue include growing technological advancements ranging from multifunctional machinery to apps for monitoring fuel consumption.
Thailand is the ASEAN’s largest rental market, Enjoyed about 23.62% construction equipment rental market share. Vietnam and Indonesia are currently witnessing large-scale infrastructure development activities, which is raising demand for construction equipment. Also, as most of the projects are undertaken with private investment money, where the utilization of equipment is limited to a short duration, contractors prefer to use equipment on a rental basis.
The global Construction Equipment Rental market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Construction Equipment Rental.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
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This report covers Analysis of Global Construction Equipment Rental Market Segment by Manufacturers
Sin Heng Heavy Machinery Limited
Aktio Co., Ltd.
UMW
Nishio Rentall
Tat Hong
Superkrane Equipments
Rent (Thailand) Co.,Ltd.
Kanamoto Co., Ltd.
Guzent
SCMC
Hillcon
INA
Asia Machinery Solutions Vietnam
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Global Construction Equipment Rental Market Segment by Type
Earth Moving Equipment
Material Handling and Cranes
Concrete Equipment
Road Building Equipment
Global Construction Equipment Rental Market Segment by Applications, can be divided into
Commercial
Individual
Global Heavy Equipment Rental Market 2019-2024
Heavy Equipment Rental is used for construction and industrial sites, such as backhoe loader, bulldozer and excavator.
Scope of the Global Heavy Equipment Rental Market Report
This report studies the Heavy Equipment Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Heavy Equipment Rental market by product type and applications/end industries.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/3026789
The global Heavy Equipment Rental market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Heavy Equipment Rental.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report covers Analysis of Global Heavy Equipment Rental Market Segment by Manufacturers
BigRentz, Inc
ISCO Machinery Inc
Laxyo Energy Ltd
Tat Hong Holdings Ltd
United Rentals
Aktio Corp
Kanamoto
Hertz Equipment Rental
Loxam Group
Blueline Rent
Nishio Rent
Maxim Crane Works
Global Heavy Equipment Rental Market Segment by regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Heavy Equipment Rental Market Segment by Type
Bulldozers
Forklifts
Excavators
Others
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Global Heavy Equipment Rental Market Segment by Applications, can be divided into
Construction
Industrial
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