Construction Equipment Rental Market Trends, Opportunities & Forecast 2020

(EstateNewsWire.com, May 19, 2017 ) The report titled “Global Construction Equipment Rental Market: Trends and Opportunities (2016-2020)” analyzes the significant trends and potential opportunities in the global construction equipment rental market. The report summarizes market overview, market sizing and growth, top players of the market and regional breakdown.
The report also emphasizes on the opportunities available for the market and chief factors that will be responsible for growth in the market. The market size and forecast in terms of value for global market has been provided for the period 2016 to 2020, considering 2015 as the base year. The report provides the compound annual growth rate (%CAGR) for the forecasted period 2016 to 2020. Over the next five years the market is projected to grow on account of increasing investment by government in construction activities, advanced equipments in rental fleets, lower maintenance cost and equipment outsourcing etc.

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The report summarizes detailed country analysis of the US, Canada and UK in terms of value with actual and forecasted revenue. North American countries have the largest market share in global construction equipment rental market. The US is the largest market among North American countries. Europe is the second largest market for equipment rental market globally. In European countries the UK is the largest market.

Furthermore, the report also profiles key market players such as United Rentals, Sunbelt Rentals, Neff Rentals and H&E Equipment services on the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

Country Coverage
- The US
- Canada
- UK

Company Coverage
- United Rentals
- Sunbelt Rentals
- Neff Rentals
- H&E Equipment Services

Company Profiling
1 United Rentals
1.1 Business Overview
1.2 Financial Overview
1.3 Business Strategies

2 Sunbelt Rentals
2.1 Business Overview
2.2 Financial Overview
2.3 Business Strategies

3 Neff Rental
3.1 Business Overview
3.2 Financial Overview
3.3 Business Strategies

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4 H&E Equipment Services
4.1 Business Overview
4.2 Financial Overview
4.3 Business Startegy

Market Dynamics
1 Growth Drivers
1.1 Rental Penetration
1.2 Equipment Outsourcing
1.3 Integrated Solutions
1.4. Market Consolidation
1.5 Increase in Infrastructure Development
1.6 Rising Need to Replace Outdated Equipment
1.7 Lower Maintenance Cost
1.8 Cost-Effective Approach

2 Challenges
2.1 Uncertainty in Economic Condition
2.2 Changing Customer Demand and Expectations
2.3 High Maintenance Cost
2.4 Availability of Services to the Contractors

3 Market Trends
3.1 Introduction of Fleet Management Software
3.2 Shift towards Rental Equipment

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