Equipment rental is a service industry that provides machinery, tools, and equipment to end-users such as the construction, mining, power, and oil and gas industries on a rental basis.
The oil and gas industry highly rely on rental companies as they offer a wide range of equipment such as downhole tools, drilling equipment, production tool equipment, and tubulars. The rising number of drilling projects is boosting the production process of crude oil. This in turn, will have a positive impact on the equipment rental industry trends in the oil and gas industry.
The equipment rental market is expected to witness growth in the Americas due to the increased production of oil and gas from shale reserves in countries such as the US and Canada. The preference for rental equipment is high in the Americas due to the growing expense of new equipment and machines.
In 2018, the global Equipment Rental market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Equipment Rental status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Equipment Rental development in United States, Europe and China.
The key players covered in this study
Hertz Equipment Rental
Sunbelt Rentals
United Rentals
Atlas Copco
Caterpillar
Aggreko
AKTIO Corporation
Ashtead Group
BlueLine Rental
Cramo
Deere & Company
Fabick CAT
Herc Rentals
Kanamoto
Loxam
Maxim Crane Works
Mustang CAT
Nishio Rent All
Nikken Corporation (Mitsubishi Corporation)
Sims Crane & Equipment
Stephensons Rental Services
Sunstate Equipment Company
Titan Machinery
Market segment by Type, the product can be split into
Online Rental
Offline Rental
Market segment by Application, split into
Oil and Gas Industry
Construction Industry
Mining Industry
Power Industry
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Equipment Rental status, future forecast, growth opportunity, key market and key players.
To present the Equipment Rental development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Equipment Rental are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Equipment Rental . Industry analysis & Market Report on Equipment Rental is a syndicated market report, published as Global Equipment Rental Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Equipment Rental market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.