Global Construction Equipment Rental Market 2017-2021

  • ID: 4372349
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
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FEATURED COMPANIES

  • Ahern Rentals
  • Finning International
  • HSS Hire Service Group
  • Loxam Group
  • Nishio Rent All
  • Speedy Hire
  • MORE
About Construction Equipment Rental

The construction equipment rental industry is a service industry that offers varied products, ranging from machinery, equipment, and tools for a limited period to end-users. Players that provide used equipment on lease to the construction companies for certain period operate the market. The robust growth in the infrastructure and construction sectors worldwide is expected to fuel the growth of the construction equipment rental market during the forecast period.

The analysts forecast the global construction equipment rental market to grow at a CAGR of 5.11% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global construction equipment rental market for 2017-2021. To calculate the market size, the report considers demand for construction equipment from key regions.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
The report, Global Construction Equipment Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Sunbelt Rentals
  • Cramo
  • Loxam Group
  • Herc Rentals
  • United Rentals
Other prominent vendors
  • Ramirent
  • Speedy Hire
  • Select Plant Hire
  • MEDIACO
  • HSS Hire Service Group
  • Kiloutou
  • HKL BAUMASCHINEN
  • Zeppelin
  • RSC Equipment Rental
  • Finning International
  • H&E Equipment Services
  • American Equipment Company
  • Maxim Crane Works
  • Neff Rental
  • Ahern Rentals
  • Coates Hire
  • Nishio Rent All
  • Kanamoto Co
  • Emeco
  • Komatsu Group
  • Hitachi Construction Machinery
Market drivers
  • Rising need to replace outdated equipment
  • For a full, detailed list, view the full report
Market challenges
  • Uncertainties in global economic growth
  • For a full, detailed list, view the full report
Market trends
  • Growing trend of joint venture in equipment rental
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ahern Rentals
  • Finning International
  • HSS Hire Service Group
  • Loxam Group
  • Nishio Rent All
  • Speedy Hire
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Introduction
  • Market outline
PART 04: Market landscape
  • Market size and forecast
  • Five forces analysis
PART 05: Geographical segmentation
  • Market overview
  • Construction equipment rental market in Europe
  • Construction equipment rental market in North America
  • Construction equipment rental market in APAC
PART 06: Key leading countries

PART 07: Decision framework

PART 08: Drivers and challenges
  • Market drivers
  • Market challenges
PART 09: Market trends
  • Introduction of fleet management software
  • Growing trend of joint venture in equipment rental
  • Growing trend of telematics
PART 10: Vendor landscape
  • Market overview
  • Other prominent vendors
PART 11: Key vendor analysis
  • Sunbelt Rentals
  • Cramo
  • Loxam Group
  • Herc Rentals
  • United Rentals
  • List of abbreviations
List of Exhibits
Exhibit 01: Major benefits of renting construction equipment
Exhibit 02: Global construction equipment rental market 2016-2021 ($ billions)
Exhibit 03: Major benefits of fleet management software
Exhibit 04: Global construction equipment rental market by region 2016-2021
Exhibit 05: Five forces analysis
Exhibit 06: Global construction equipment rental market by geography 2016 and 2021 (%)
Exhibit 07: Construction equipment rental market in Europe 2016-2021 ($ billions)
Exhibit 08: Construction equipment rental market in North America 2016-2021 ($ billions)
Exhibit 09: Investment in Americas by country
Exhibit 10: Construction equipment rental market in APAC 2016-2021 ($ billions)
Exhibit 11: Key leading countries
Exhibit 12: China: GDP annual growth rate (%)
Exhibit 13: Information provided by fleet management software
Exhibit 14: Major benefits of fleet management software
Exhibit 15: Other prominent vendors
Exhibit 16: Sunbelt Rentals: Key products and services
Exhibit 17: Cramo: Key products
Exhibit 18: Loxam: Key brands
Exhibit 19: Loxam: Key products and services
Exhibit 20: Herc Rentals: Rental products
Exhibit 21: United Rentals: Rental equipment
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ahern Rentals
  • Finning International
  • HSS Hire Service Group
  • Loxam Group
  • Nishio Rent All
  • Speedy Hire
  • MORE
New Report Released: - Global Construction Equipment Rental Market 2017-2021

The author of the report recognizes the following companies as the key players in the global construction equipment rental market: Sunbelt Rentals, Cramo, Loxam Group, Herc Rentals, and United Rentals.

Other Prominent Vendors in the market are: Ramirent, Speedy Hire, Select Plant Hire, MEDIACO, HSS Hire Service Group, Kiloutou, HKL BAUMASCHINEN, Zeppelin, RSC Equipment Rental, Finning International, H&E Equipment Services, American Equipment Company, Maxim Crane Works, Neff Rental, Ahern Rentals, Coates Hire, Nishio Rent All, Kanamoto Co, Emeco, Komatsu Group, and Hitachi Construction Machinery.

Commenting on the report, an analyst from the research team said: “One trend in the market is growing trend of joint venture in equipment rental. An international collaboration of rental players is growing. Joint ventures among big construction equipment rental companies serve many purposes such as to obtain cost optimality in large-scale projects and increase the product portfolio. The joint venture can be a part of the growth strategy for some companies or help to gain the majority of market share.”

According to the report, one driver in the market is rising need to replace outdated equipment. Increasing need to replace the outdated and obsolete equipment and rise in the rental service from the major vendors of the industry are expected to drive the global construction equipment rental market. Construction equipment such as dump truck, dozer, and grader, forklift, or tractors cannot be used after a certain point. The extended use of construction equipment will have a severe impact on the operational cost maintenance and repairs. On the other hand, rental companies are majorly focused toward providing excellent customer service in terms of machine performance and maintenance.

Further, the report states that one challenge in the market is uncertainties in global economic growth. Fluctuations in the global economy, especially in regions with a high presence of original design manufacturer (ODMs) and original equipment manufacturer (OEMs) of electrical and electronic devices, reduce credit availability for manufacturers and raise interest rates. The increase in interest rates leads to high cost of manufacturing that raises the price of the product. Increased prices hamper the market demand, which may negatively influence the net sales revenue of vendors.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Sunbelt Rentals
  • Cramo
  • Loxam Group
  • Herc Rentals
  • United Rentals
  • Ramirent
  • Speedy Hire
  • Select Plant Hire
  • MEDIACO
  • HSS Hire Service Group
  • Kiloutou
  • HKL BAUMASCHINEN
  • Zeppelin
  • RSC Equipment Rental
  • Finning International
  • H&E Equipment Services
  • American Equipment Company
  • Maxim Crane Works
  • Neff Rental
  • Ahern Rentals
  • Coates Hire
  • Nishio Rent All
  • Kanamoto Co
  • Emeco
  • Komatsu Group
  • Hitachi Construction Machinery
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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