The construction equipment rental market will reach 156.8 USD
Pune, May 30, 2022 (GLOBE NEWSWIRE) — Construction equipment rental market By Vendor Assessment, Technology Assessment, Partner & Customer Ecosystem, Type/Solution, Service, Organization Size, End-Use Industries, and Region – Global Construction Equipment Rental Market Forecast Up to ‘in 2030, released by Market Data Center is expected to grow at a steady pace over the forecast period. The presence of key players in the ecosystem has led to a competitive and diverse market. Advancement of digital transformation initiatives across several industries is expected to drive the global construction equipment rental market during the study period.
This report COVID-19 analysis includes IMPACT COVID-19 on production and demand, supply chain. This report provides detailed historical analysis of the global construction equipment rental market from 2017 to 2021 and provides detailed market forecast from 2022 to 2030 by region/country and sub-sectors. The report covers the revenue, sales volume, price, historical growth and future perspectives in the Construction Equipment Rental market.
Construction Equipment Rental Market was valued at USD 108.1 Billion in 2021, and it is projected to reach USD 156.8 Billion by 2030 and is projected to register a CAGR of 5.46% during the forecast period (2022-2027).
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Based on geography, the global construction equipment rental market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is expected to hold a considerable share of the global construction equipment rental market. Due to increased investment in the research and development process and adoption of solutions in the region, Asia Pacific is expected to grow at a faster rate during the forecast period.
The growing number of construction equipment rental market players across all regions is expected to further drive the market growth. Additionally, increasing investment by major vendors in product capabilities and business expansion is expected to fuel the market during the study period. Many market players are finding lucrative opportunities in emerging economies like China and India, where large populations are coupled with new innovations in many industries.
|Market assessment||Technology Assessment||Supplier evaluation|
|Market dynamics||Key Innovations||Product scope and capabilities|
|Trends and Challenges||Adoption trends and challenges||Technological architecture|
|Drivers and fasteners||Deployment Trends||Competitive differentiation|
|Regional and industrial dynamics||Industrial applications||Price/performance analysis|
|Regulation and compliance||Strategy and Vision|
In the deep ToC includes
233 – Tables
45 – Numbers
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1.1. Market definition
1.2. Market segmentation
1.3. Geographic scope
1.4. Years considered: historical years – 2017 and 2020; Base year – 2021; Forecast Years – 2022 to 2030
1.5. Currency used
2. RESEARCH METHODOLOGY
2.1. Research framework
2.2. Data collection technique
2.3. Information source
2.3.1. Secondary sources
2.3.2. Primary sources
2.4. Market estimation methodology
2.4.1. An in-depth approach
2.4.2. Top-down approach
2.5. Data validation and triangulation
2.5.1. Market Forecast Model
2.5.2. Study limitations/assumptions
3. SUMMARY OF THE STUDY
4. ASSESSMENT OF MARKET DYNAMICS
5. VALUE CHAIN ANALYSIS
6. PRICE ANALYSIS
7. SUPPLY CHAIN ANALYSIS
8. MARKET SIZE AND FORECAST
8.1. Global Construction Equipment Rental Market Analysis and Forecast, by Region
8.2. Global Construction Equipment Rental Market Analysis and Forecast, By Segment
8.2.1. North America construction equipment rental market, by segment
8.2.2. North America construction equipment rental market, by country
8.2.3. Europe construction equipment rental market, by segment
8.2.4. Construction equipment rental market in Europe, by country
188.8.131.52. Rest of Europe (ROE)
8.2.5. Asia-Pacific construction equipment rental market, by segment
8.2.6. Asia-Pacific construction equipment rental market, by country
184.108.40.206. Rest of Asia-Pacific (RoAPAC)
8.2.7. Rest of the World (ROW) Construction Equipment Rental Market, By Segment
8.2.8. Rest of the World (ROW) Construction Equipment Rental Market, by Country
220.127.116.11. Latin America
18.104.22.168. Middle East and Africa
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Construction Equipment Rental Market 2022-2030 – Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities and Product Offerings/Mapping), Technology Assessment (Developments and Economic Impact ), Partner and Customer Ecosystem (Product Services, Proposition and Key Features) Competitive Index and Regional Footprint by MDC Research
Answers to key questions in this report:
- How does our portfolio of products and services compare to major competitors?
- What are the main changes in customer demand given the changing economy?
- What are the new pricing and consumption models in the market and how should we align our portfolio?
- What are the main decision factors for service buyers?
- How can we speed up our bidding process?
- What is the potential of the Construction Equipment Rental market?
- What is the impact of COVID-19 on the global Construction Equipment Rental market?
- What are the key strategies adopted by companies in the Construction Equipment Rental market?
- What are the challenges faced by SMEs and major vendors in the Construction Equipment Rental market?
- Which region has the highest investments in the Construction Equipment Rental market?
- What is the latest research and activity for the Construction Equipment Rental market?
- Who are the major players in the Construction Equipment Rental market?
- What is the potential of the Construction Equipment Rental market?
The vendor assessment includes an in-depth analysis of how vendors meet demand in the Construction Equipment Rental market. The MDC CompetetiveScape model was used to assess the qualitative and quantitative information for this assessment. MDC’s CompetitiveScape is a structured method for identifying key players and describing their strengths, relevant characteristics and outreach strategy. MDC’s CompetitiveScape enables organizations to analyze the environmental factors that influence their business, set goals and identify new marketing strategies. MDC Research analysts conduct in-depth investigation into solutions, services, programs, marketing, organization size, geographic focus, organization type, and vendor strategies.
Technology has a huge impact on business productivity, growth and efficiency. Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for companies. Technology assessment helps organizations understand their current technology situation and offers them a roadmap towards which they might want to evolve and grow their business. A well-defined process for evaluating and selecting technology solutions can help organizations reduce risk, achieve their goals, identify the problem, and fix it the right way. Technology assessment can help companies identify which technologies to invest in, meet industry standards, and compete with competitors.
Business ecosystem analysis
Advances in technology and digitalization have changed the way companies do business; the business ecosystem concept helps companies understand how to thrive in this changing environment. Business ecosystems offer organizations the opportunity to integrate technology into their day-to-day business operations and improve their research and business skills. The business ecosystem comprises a network of interconnected businesses that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships between suppliers, distributors, and end users in the delivery of a product or service.
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Regions and countries covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia- Pacific) and Rest of the world (Line).
Construction Equipment Leasing Market Dynamics, Impact of Covid-19 on the Construction Equipment Leasing Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook industry, economic analysis, segmental analysis, construction equipment rental market sizing, analysis tables.
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