Skip to main content

North America is projected to be the largest market for construction equipment rental

North America accounted for the largest share of the market in 2018, and is expected to continue in the trend during the forecast period due to the recent boom in non-residential construction in the region, coupled with supporting investments from domestic and foreign investors and favorable policies. The growth and financial health of North American construction equipment rental market is driven by factors, such as non-residential construction activity, capital investments in the industrial sector, repair, maintenance, and overhaul services, government spending and demand for construction equipment rental for remediation and rebuilding efforts. The market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing building & construction activities, especially in China, Japan, and India, coupled with increasing investments from domestic & foreign investors in public & private sectors.
Key players in the construction equipment rental market, such as United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan), and Kanamoto Co. Ltd.  (Japan), among others, are considered for the study.  

Scope of the Report

Report MetricDetails
Market size available for years2017-2024
Base year considered2018
Forecast period2019–2024
Forecast unitsValue (USD)
Segments coveredEquipment, Product, and Region
Regions coveredNorth America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies coveredUnited Rentals Inc. (US) (Belgium), United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan) Kanamoto Co. Ltd.  (Japan), Nishio Rent All Co. Ltd (Japan), Nikken Corporation (Japan), Ahern Rentals (US), and others are considered for the study.
Total 25 major players covered.

Key Questions Addressed by the Study

  • What are the future revenue pockets in the construction equipment rental market?
  • Which key developments are expected to have a long-term impact on the construction equipment rental market?
  • Which type of construction equipment with specific weight lifting capacity is expected to cannibalize existing markets? 
  • How is the current regulatory framework expected to impact the market?
  • What will be the future product mix of the construction equipment rental market?
  • What are the prime strategies of leaders in the construction equipment rental market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Labels:
Location: United States

Comments

Post a Comment

Popular posts from this blog

Wooden Decking Market worth 7.81 Billion USD by 2021

The report  " Wooden Decking Market  by Type (Pressure-Treated Wood, Cedar Wood, Redwood), Application (Building Material, Rails & Infrastructure), Type of Construction (Repairs & Remodeling, New Decks on New Constructions), End-Use, and Region - Global Forecast to 2021" , The wooden decking market size is estimated to grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at a CAGR of 1.43%.                Browse 189 market data Tables and 52 Figures spread through 213 Pages and in-depth TOC on  "Wooden Decking Market by Type (Pressure-Treated Wood, Cedar Wood, Redwood), Application (Building Material, Rails & Infrastructure), Type of Construction (Repairs & Remodeling, New Decks on New Constructions), End-Use, and Region - Global Forecast to 2021" https://www.marketsandmarkets.com/Market-Reports/wooden-decking-market-23321178.html Early buyers will receive 10% customization on reports. BUY NOW It is projected to witness signi
1 comment
Read more

Perlite Market worth 2.20 Billion USD by 2022

The report  “ Perlite Market  by Form (Expanded Perlite and Crude Perlite), Application (Construction, Agriculture & Horticulture, and Industrial), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Global Forecast to 2022″ , size is estimated to grow from USD 1.51 Billion in 2017 to USD 2.20 Billion by 2022, at a CAGR of 7.78%. The market is projected to witness significant growth over the next few years with the increasing demand for new constructions due to rapid urbanization and industrialization with large-scale investments in the commercial and infrastructural sectors. The rising demand for perlite in emerging economies and the increasing inclination toward sustainable construction methods are increasing the reliance on modern construction materials, thus creating growth opportunities for the perlite market. Browse 126 Tables and 25 Figures spread through 133 Pages and in-depth TOC on  “ Perlite Market “ Early buyers will
1 comment
Read more

Ceramic Tiles Market worth $285.1 billion by 2025

The ceramic tiles market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period. Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market. The Porcelain segment is projected to dominate the global ceramic tiles market through 2025 The demand for porcelain tiles in recent years has been increasing due to their superior properties, such as low water absorption, slip resistance, and anti-bacterial properties. These properties make porcelain tiles highly popular for kitchens, bathrooms, and hospitals. To know about the assumptions considered for the study download the pdf brochure The flooring segment is projected to grow at the highest CAGR in the ceramic tile
Post a Comment
Read more