Global Equipment Rental Market, is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Equipment Rental Market. Some of the key players profiled in the study are United Rentals, Ashtead Group, Herc Rentals, Loxam, Sunbelt Rentals, H&E Equipment Services, Caterpillar, Neff Corp, Aggreko, Ahern Rentals, Cramo, Ramirent, Loxam, Lavendon, Kanamoto.
The Equipment Rental Market have seen a market size of USD $110 billion in 2023 and estimated to reach USD $180 billion by 2030, growth at a CAGR of 6.5%. Pre Covid, back in 2019 it was ranging ~ USD $75 billion and since then market have recovered completely and showing robust growth.
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Equipment Rental Market Overview:
The equipment rental market involves the leasing of machinery, tools, and equipment to industries such as construction, mining, and transportation. Rather than purchasing expensive assets, companies prefer renting due to lower capital expenditure, maintenance costs, and increased flexibility. Equipment rented ranges from heavy machinery to hand tools.
Geographically, North America have shown robust growth in Equipment Rental market and Asia-Pacific region is growing at fastest pace.
Market Trends:
- Increased focus on eco-friendly and energy-efficient equipment, Rise of online rental platforms
Market Drivers:
- Growth in construction and mining sectors, rising demand for operational flexibility, high cost of new equipment
Market Challenges:
- Fluctuating demand due to economic cycles, Maintenance and operational risk
The segments and sub-section of Equipment Rental market is shown below:
The Study is segmented by the following Product/Service Type: Heavy equipment, Light equipment, Earthmoving equipment, Aerial platforms, Power tools
Major applications/end-users’ industry are as follows: Construction, Mining, Oil & Gas, Agriculture, Infrastructure Development
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Important years considered in the Equipment Rental study:
Historical year – 2019-2023; Base year – 2023; Forecast period** – 2024 to 2030 [** unless otherwise stated]
If opting for the Global version of Equipment Rental Market; then below country analysis would be included:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
• Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
• South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
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Key Questions Answered with this Study
1) What makes Equipment Rental Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Territory that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Equipment Rental market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Equipment Rental in next few years?
8) What is the impact analysis of various factors in the Equipment Rental market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Equipment Rental Market?
Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/3328838-2020-2025-global-equipment-rental-market-report-production-and-consumption-professional-analysis
There are 15 Chapters to display the Equipment Rental Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Equipment Rental market, Application [Construction, Mining, Oil & Gas, Agriculture, Infrastructure Development] And Market Segment by Types [Heavy equipment, Light equipment, Earthmoving equipment, Aerial platforms, Power tools];
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Equipment Rental Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Equipment Rental Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10 and 11, to show analysis by regional segmentation, comparison, leading countries and opportunities; Customer Behaviour
Thanks for showing interest in Equipment Rental Industry Research Publication; you can also get individual chapter wise section or region wise report version like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc
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