Report Detail
Global Construction Machinery Leasing Market Growth (Status and Outlook) 2019-2024
- RnM3002348 |
- 22 February, 2019 |
- Global |
- 134 Pages |
- LPI(LP Information) |
- Service & Software
A construction job mandates a large number of heavy machines. There are a number of advantages to lease the construction. Primarily, many contractors want to be able to stay on the cutting edge of technology. New tools are emerging all the time, and leasing equipment means that contractors can utilize the latest products available without taking on extravagant costs. When the lease is up, contractors can simply opt for the newest line of products available.
The practice of leasing instead of purchasing heavy machinery has proven to be beneficial for companies of all sizes across numerous industries, Lower administrative overhead coupled with reduced expense and maintenance will drive construction equipment rental market size. Since industry vendors need to comply with the pervasive regulatory landscape, buyers benefit from elimination of replacement costs and associated expenditure. Other trends positively impacting revenue include growing technological advancements ranging from multifunctional machinery to apps for monitoring fuel consumption.
The Construction Machinery Leasing market is very fragmentation market, United Rentals, Ashtead Group, Aktio Corp, Kanamoto, Hertz Equipment Rental, Loxam Group, Blueline Rent, Ahern Rentals, Nishio Rent, Aggreko, Maxim Crane Works and SCMC are the leaders of the industry; the revenue of top ten manufacturers accounts about 20% of the total revenue in 2017. The high-end products mainly come from USA and Japan.
United States is the world’s most mature rental market, Enjoyed about 43.82% construction machinery lease market share. Asia and Europe are currently witnessing large-scale infrastructure development activities, which is raising demand for construction equipment. Also, as most of the projects are undertaken with private investment money, where the utilization of equipment is limited to a short duration, contractors prefer to use equipment on a rental basis.
Barriers to entry for the Construction Equipment Rental and Leasing industry are high, although they may be medium for some smaller, specialist firms. Large firms in this industry require a substantial stock of construction machinery and equipment to offer customers. Therefore, required funding levels to purchase a wide range, and vast volumes, of this equipment are high. New firms to this industry may have difficulty in accessing the funds required to purchase a large and extensive range of construction products. Prevailing economic uncertainty is likely to result in more stringent lending procedures, also increasing entry barriers for new firms.
The equipment rental industry is gaining huge prominence across the globe. Although, in emerging economies, such as Asia, the industry is still in the nascent stage, it is projected to witness high growth in the coming years. An increase in the awareness of the equipment rental industry and growing investment in the construction industry will drive the equipment rental market.
According to this study, over the next five years the Construction Machinery Leasing market will register a 8.3% CAGR in terms of revenue, the global market size will reach US$ 102500 million by 2024, from US$ 63600 million in 2019. In particular, this report presents the global revenue market share of key companies in Construction Machinery Leasing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Construction Machinery Leasing market by product type, application, key companies and key regions.
This study considers the Construction Machinery Leasing value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Earth Moving Equipment
Material Handling and Cranes
Road Building Equipment
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Commercial
Individual
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
United Rentals
Ashtead Group
Aktio Corp
Kanamoto
Hertz Equipment Rental
Loxam Group
Blueline Rent
Ahern Rentals
Nishio Rent
Aggreko
Maxim Crane Works
SCMC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Construction Machinery Leasing market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Construction Machinery Leasing market by identifying its various subsegments.
Focuses on the key global Construction Machinery Leasing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Construction Machinery Leasing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Construction Machinery Leasing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Construction Machinery Leasing Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Construction Machinery Leasing Market Size 2014-2024
- 2.1.2 Construction Machinery Leasing Market Size CAGR by Region
- 2.2 Construction Machinery Leasing Segment by Type
- 2.2.1 Earth Moving Equipment
- 2.2.2 Material Handling and Cranes
- 2.2.3 Concrete Equipment
- 2.2.4 Road Building Equipment
- 2.3 Construction Machinery Leasing Market Size by Type
- 2.3.1 Global Construction Machinery Leasing Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Construction Machinery Leasing Market Size Growth Rate by Type (2014-2019)
- 2.4 Construction Machinery Leasing Segment by Application
- 2.4.1 Commercial
- 2.4.2 Individual
- 2.5 Construction Machinery Leasing Market Size by Application
- 2.5.1 Global Construction Machinery Leasing Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Construction Machinery Leasing Market Size Growth Rate by Application (2014-2019)
3 Global Construction Machinery Leasing by Players
- 3.1 Global Construction Machinery Leasing Market Size Market Share by Players
- 3.1.1 Global Construction Machinery Leasing Market Size by Players (2017-2019)
- 3.1.2 Global Construction Machinery Leasing Market Size Market Share by Players (2017-2019)
- 3.2 Global Construction Machinery Leasing Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Construction Machinery Leasing by Regions
- 4.1 Construction Machinery Leasing Market Size by Regions
- 4.2 Americas Construction Machinery Leasing Market Size Growth
- 4.3 APAC Construction Machinery Leasing Market Size Growth
- 4.4 Europe Construction Machinery Leasing Market Size Growth
- 4.5 Middle East & Africa Construction Machinery Leasing Market Size Growth
5 Americas
- 5.1 Americas Construction Machinery Leasing Market Size by Countries
- 5.2 Americas Construction Machinery Leasing Market Size by Type
- 5.3 Americas Construction Machinery Leasing Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Construction Machinery Leasing Market Size by Countries
- 6.2 APAC Construction Machinery Leasing Market Size by Type
- 6.3 APAC Construction Machinery Leasing Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Construction Machinery Leasing by Countries
- 7.2 Europe Construction Machinery Leasing Market Size by Type
- 7.3 Europe Construction Machinery Leasing Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Construction Machinery Leasing by Countries
- 8.2 Middle East & Africa Construction Machinery Leasing Market Size by Type
- 8.3 Middle East & Africa Construction Machinery Leasing Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Construction Machinery Leasing Market Forecast
- 10.1 Global Construction Machinery Leasing Market Size Forecast (2019-2024)
- 10.2 Global Construction Machinery Leasing Forecast by Regions
- 10.2.1 Global Construction Machinery Leasing Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Construction Machinery Leasing Forecast by Type
- 10.8 Global Construction Machinery Leasing Forecast by Application
11 Key Players Analysis
- 11.1 United Rentals
- 11.1.1 Company Details
- 11.1.2 Construction Machinery Leasing Product Offered
- 11.1.3 United Rentals Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 United Rentals News
- 11.2 Ashtead Group
- 11.2.1 Company Details
- 11.2.2 Construction Machinery Leasing Product Offered
- 11.2.3 Ashtead Group Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 Ashtead Group News
- 11.3 Aktio Corp
- 11.3.1 Company Details
- 11.3.2 Construction Machinery Leasing Product Offered
- 11.3.3 Aktio Corp Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Aktio Corp News
- 11.4 Kanamoto
- 11.4.1 Company Details
- 11.4.2 Construction Machinery Leasing Product Offered
- 11.4.3 Kanamoto Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Kanamoto News
- 11.5 Hertz Equipment Rental
- 11.5.1 Company Details
- 11.5.2 Construction Machinery Leasing Product Offered
- 11.5.3 Hertz Equipment Rental Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Hertz Equipment Rental News
- 11.6 Loxam Group
- 11.6.1 Company Details
- 11.6.2 Construction Machinery Leasing Product Offered
- 11.6.3 Loxam Group Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Loxam Group News
- 11.7 Blueline Rent
- 11.7.1 Company Details
- 11.7.2 Construction Machinery Leasing Product Offered
- 11.7.3 Blueline Rent Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 Blueline Rent News
- 11.8 Ahern Rentals
- 11.8.1 Company Details
- 11.8.2 Construction Machinery Leasing Product Offered
- 11.8.3 Ahern Rentals Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Ahern Rentals News
- 11.9 Nishio Rent
- 11.9.1 Company Details
- 11.9.2 Construction Machinery Leasing Product Offered
- 11.9.3 Nishio Rent Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 Nishio Rent News
- 11.10 Aggreko
- 11.10.1 Company Details
- 11.10.2 Construction Machinery Leasing Product Offered
- 11.10.3 Aggreko Construction Machinery Leasing Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 Aggreko News
- 11.11 Maxim Crane Works
- 11.12 SCMC
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Construction Machinery Leasing . Industry analysis & Market Report on Construction Machinery Leasing is a syndicated market report, published as Global Construction Machinery Leasing Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Construction Machinery Leasing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
