Heavy Construction Equipment Rental Market Size, In-depth Analysis Report and Global Forecast to 2028

 

The global Heavy Construction Equipment Rental Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2028. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the heavy construction equipment rental market include Ashtead Group plc. (Sunbelt Rentals Ltd), Boels Rental, H&E Equipment Services, Haulotte Group, Herc Rentals Inc., Kanamoto Co. Ltd., Loxam (Ramirent), Sarens n.v./s.a., Sumitomo Corporation (Sunstate Equipment Company), United Rentals, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The heavy construction equipment rental market is expected to grow healthy in the forthcoming years. The increase in construction and mining activity is projected to promote the growth of the global heavy construction equipment rental market. Also, the government has invested heavily in building roads, railroad tracks, airports, and other infrastructure that require excavators, loaders, and other heavy equipment. This is one of the reasons for the growth of the heavy construction equipment rental market. Heavy construction equipment rental for the required period allows you to avoid additional costs for equipment maintenance, high operating costs, and high wages for skilled workers. Hence, this will boost the market's need for heavy construction equipment rental services. Furthermore, heavy construction equipment rental market growth is driven by the avoidance of equipment purchases and high initial investments in economic bottlenecks by choosing equipment rental services. However, a lack of skilled labour hinders market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of heavy construction equipment rental. The growth and trends of heavy construction equipment rental industry provide a holistic approach to this study.

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Market Segmentation

This section of the heavy construction equipment rental market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Equipment

·        Earthmoving Equipment

·        Material Handling Equipment

·        Heavy Construction Vehicles

·        Others

By End User

·        Infrastructure

·        Construction

·        Mining

·        Oil & Gas

·        Manufacturing

·        Others

By Application

·        Excavation & Demolition

·        Heavy Lifting

·        Tunneling

·        Material Handling

·        Recycling & Waste Management

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Heavy Construction Equipment Rental market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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