© 2017 Global Market Insights, Inc. USA. All Rights Reserved Construction Equipment Rental Market Growth, Application Analysis from 2017 to 2024

Global Market Scenario of Construction Equipment Rental Market  With the rising number of construction activities and the subsequent requirement for heavy machinery, construction equipment rental market is set to grow at a remarkable pace.  Rental facilities help end-use sectors operate new and advanced machinery at an affordable price.  In addition, the changing trends of the construction and industrial sectors regarding technologically advanced machinery will provide business opportunities to leading companies, thereby boosting construction equipment rental market.  The globe is also witnessing a steady rise in the number of infrastructure renovation activities in various civil sectors, which will augment construction equipment rental industry considerably. © 2017 Global Market Insights, Inc. USA. All Rights Reserved

 Of late, rental agencies offer varied equipment incorporated with advanced features such as ergonomic controls, remote monitoring, GPS system, and quick change linkage. GPS equipped machinery helps to enhance vehicle performance and management.  Rental equipment suppliers are focusing on customer satisfaction to attract a wider range of consumers by providing on-time delivery, high product quality, scheduled pick-ups, and enhanced response time, which in turn, will stimulate construction equipment rental industry size considerably. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved

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 Based on the product trends, construction equipment rental market is mainly divided into material handling machinery, earthmoving machinery, and concrete & road construction. Surging investment in infrastructure development such as road, dams, and power plants will augment the product demand. Concrete & road construction equipment rental market generated a revenue of USD 10 billion in 2015 and will exhibit a significant growth rate over the coming seven years. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:

Regional Analysis:  In Asia Pacific, China construction equipment rental market collected a revenue of USD 3 billion in 2015 and is anticipated to exhibit substantial growth over the coming seven years. The rapid commercialization and urbanization across China coupled with favorable government support and an ever-growing population will generate lucrative avenues for the business over the coming timeframe. The need for privatization in the construction sector will also augment the growth of construction equipment rental market. Competitive Analysis:  The key participants in construction equipment rental market are Sunbelt Rentals, United Rentals, Neff Rental LLC., The Hertz Corporation, Ahern Rentals, Terex Corporation, Gemini Equipment, Maxim Crane Works, Weldex International Offshore Ltd, and Komatsu Limited. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This

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