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Construction Equipment Rental Market Share

  • Report ID: GMI773
  • Published Date: Jan 2023
  • Report Format: PDF

Construction Equipment Rental Market Share

Some of the leading companies operating in the construction equipment rental space are

  • Caterpillar Inc.
  • Loxam Group
  • H&E Equipment Services
  • Al Faris Equipment Rental
  • Hinkel Equipment Rental Associates
  • Aktio Corporation
  • Boels Rental
  • Kanamoto Co. Ltd.
  • United Rentals, Inc.

These organizations engage in strategic actions, including acquisitions, collaborations, and service portfolio enlargements to consolidate their industry standing. In September 2022, H&E Equipment Services, a leading integrated equipment firm, announced the acquisition of Illinois-based One Source Equipment Rental. The deal supported the corporation in extending its geographic footprint.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The industry size of construction equipment rental was worth USD 130 billion in 2022 and is projected to register 4% CAGR during 2023 to 2032 owing to the high purchasing cost of new construction equipment.

The material handling & cranes segment amassed over USD 15 billion revenue in 2022 due to the rising need of material handling equipment for effectively handling bulk materials because of rapid industrialization.

The Europe market is anticipated to account for more than 25% of the overall industry revenue by 2032 attributed to the booming construction sector with large and small-scale commercial and residential activities.

Caterpillar Inc., Loxam Group, H&E Equipment Services, Al Faris Equipment Rental, Hinkel Equipment Rental Associates, Aktio Corporation, Boels Rental, Kanamoto Co. Ltd. and United Rentals, Inc., among others are the major players in the competitive industry landscape.

Construction Equipment Rental Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 255
  • Countries covered: 16
  • Pages: 250
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