Quick Summary:
The growing off-highway rental equipment industry, evolving through active collaborations between industry players such as OEMs, rental companies, digital solution providers, utility firms, and technology conglomerates, has resulted in noteworthy innovation, enhanced customer experiences, and more sustainable operations. With a clear paradigm shift towards renting and sharing rather than outright ownership, such collaborations allow development of bundled offerings that meet this emergent customer preference head-on.
Investment in market research for this sector is becoming increasingly crucial for informed strategic planning. As rental companies expand and P2P shared platforms gain popularity, demand is likely to substantially rise for fleet management and remote monitoring services. This transition towards rental models will significantly impact OEMs, dealers, and suppliers by transforming customer relationships and strategic decision making. The referenced research study on the off-highway rental equipment market is a comprehensive guide to market size data, regional hotspots, key participants, prospective revenue, and prevalent technology trends. Harness these insights to stay competitive in this emergent sector.
Innovative Business Models that Help Capture Opportunities will Ensure Future Growth Potential
Collaborations between OEMs, rental companies, digital solution providers, battery manufacturers, utility companies, dealerships, and technology companies are creating a new wave of solutions that enhance the customer experience. These synergies are driving innovation and creating a sustainable environment. Customers are beginning to prefer renting/sharing rather than owning, encouraging these companies to partner with rental companies and digital solution providers to bundle services and products.
The expansion of rental companies and peer-to-peer (P2P) shared platforms will increase the demand for fleet management and remote monitoring services. Rental models will transform users which would have a significant impact on customer relationships for OEMs, dealers, and suppliers. As owner-operators increase the utilization of rental equipment, decisions, with respect to parts and lubricant procurement, will involve recommendations from rental companies.
This research focuses on the off-highway rental equipment market, providing insights into key participants, market size, regional hotspots, and forecast revenue potential. It also includes a list of key players, profiles, and case studies and highlights of technology trends in the off-highway industry.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ashtead Group
- Boels Rentals
- Coates Hire
- Kanamoto
- Loxam
- Nishio Rent All Co. Ltd.
- United Rentals
