Global Construction Equipment Rental market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). The global construction equipment rental market is experiencing rapid growth driven by cost-effectiveness, flexibility, and technological advancements. Rising construction activities, outsourcing trends, and urbanization further contribute to the increasing demand for rental services, making it a preferred choice for contractors globally.
Browse the full report description of “Construction Equipments Rental Market Size, Share & Trends Analysis Report by Type (First Generation, Second Generation, and Third Generation), by Product (Energy Driven and Material Drive), and by Technology (Industrial Biotechnology, Physico-Chemical, and Thermochemical) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/construction-equipments-rental-market
For instance, in November 2023, Komatsu Ltd. plans to introduce the PC138E-11 electric excavator, equipped with a lithium-ion battery, to the market as a rental machine in January 2024, with zero exhaust emissions and a human-friendly design, it aims to establish the market for electric construction equipment, promoting sustainability and customer value. The machine offers long operation times, reduced noise, and a comfortable work environment, ensuring safety, reliability, and serviceability. Through DANTOTSU Value, Komatsu strives for sustainable growth, creating new values for the workplace of the future and future generations.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Equipment
o By Product
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- includes Ashtead Group Plc, Aktio Corp., United Rentals, Inc., Komatsu Ltd., Aktio Corp. and others.
Key questions addressed by the report.
Global Construction Equipment Rental Market Report Segment
By Equipment
By Product
Global Construction Equipment Rental Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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