Global Construction Equipment Rental Market 2015-2019
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The construction equipment rental market is generally operated by third party suppliers or equipment manufacturers that offer used equipment on rent to the construction companies based on the project duration. The rapid growth of the construction industry is a significant factor that spurs the prospects for growth in this market during the forecast period. The recent increase in infrastructure development is one of the primary factors that drives growth in this market and results in its healthy CAGR of more than 7% by 2019.

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Construction equipment rental market trends and drivers in 2019 report

Global Construction Equipment Rental Market 2015-2019

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Construction equipment rental market trends and drivers in 2019 report

Global Construction Equipment Rental Market 2015-2019

The equipment rental market is generally operated by third party suppliers or equipment manufacturers that

offer used equipment on rent to the construction companies based on the project duration. The rapid growth

of the construction industry is a significant factor that spurs the prospects for growth in this market during the

forecast period. The recent increase in infrastructure development is one of the primary factors that drives

growth in this market and results in its healthy CAGR of more than 7% by 2019.

The market research analysts estimate eminent factors, such as the rising need to replace outdated

equipment, to drive the prospects for growth in this market during the forecast period. Construction

equipment like forklifts or tractors cannot be used after a certain point of time as the cost of maintenance

outweighs the cost of investment. Consequently, it can be estimated that the need to replace obsolete or

outdated equipment will increase rapidly so as to meet the operational demands of businesses. This is

expected to propel the prospects for growth in this market during the forecast period.

ViewComplete Report @ http://www.rnrmarketresearch.com/global-construction-equipment-rental-market-

2015-2019-market-report.html


Construction equipment rental market trends and drivers in 2019 report

Global Construction Equipment Rental Market 2015-2019

Geographical segmentation of the construction equipment rental market Europe, North, America and Asia

In this market study, The market research analysts estimate the European region to account for an impressive

market share of more than 40% by 2019. Robust growth in the construction industry, especially in countries

like Poland, Spain, Germany, and France, is expected to drive the market for construction equipment rental in

Europe.

This market is primarily dominated by large vendors and is envisaged to witness substantial growth during

the forecast period owing to the augmented demand for construction equipment. In regions like Asia and

Middle East, the sale of equipment through rental is estimated to be low as the well-established vendors

have not been able to effectively penetrate the market in this region.

Key vendors in this market are - Hertz Equipment, Loxam group, Neff Rental, Sunbelt and United Rentals

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Construction equipment rental market trends and drivers in 2019 report

Global Construction Equipment Rental Market 2015-2019

Other prominent vendors analyzed in this market research are ACCESS INDUSTRIE, Ahern Equipment Rental,

American Equipment Company (Ameco), Finning, Maxim Crane Works, Sunstate Equipment Company,

Quippo, and Gemini Equipment and Rentals.

Upcoming trends such as the introduction of fleet management software service by leading OEMs are rapidly

gaining popularity as they provide equipment related information to the end users. This software provides

information pertaining to equipment wear out, preventive maintenance forecasting, commercial repair

tracking, and accident tracking. This information helps to reduce the operating and maintenance cost of

construction equipment and also provides real-time information on the replacement of any particular

attachment.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the

construction equipment rental market. It also offers an analysis of each factor and an estimation of the extent

to which the factors are likely to impact the overall market growth.

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Construction equipment rental market trends and drivers in 2019 report

Global Construction Equipment Rental Market 2015-2019

Key questions answered in the report include

What will the market size and the growth rate be in 2019

What are the key factors driving the global construction equipment rental market

What are the key market trends impacting the growth of the global construction equipment rental market

What are the challenges to market growth

Who are the key vendors in the global construction equipment rental market

What are the market opportunities and threats faced by the vendors in the global construction equipment rental

market

Trending factors influencing the market shares of the Europe, North America, Asia, and others

What are the key outcomes of the five forces analysis of the global construction equipment rental market

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Construction equipment rental market trends and drivers in 2019 report

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