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Construction Equipment Rental Market Regional Analysis and Forecast during 2020 – 2026

What has further impelled the growth of construction equipment rental market size is the intervention of government reforms and investments.

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Construction Equipment Rental Market Regional Analysis and Forecast during 2020 – 2026

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  1. Construction Equipment Rental Market 2020 – 2026 | In-depth Analysis by Driving Factors with Leading Players • Massively driven by the ongoing construction activities across the globe, worldwide construction equipment rental market is expected to observe prolific gains during 2020-2026. According to the estimates put forth by Institution of Civil Engineers, the global construction industry is expected to grow up to 8.5 per cent recording a valuation of USD 15.5 trillion globally, by the end of 2030. The growth is also fostered by the increasing demand for completion of construction projects that has prompted various industry behemoths to rent equipment considering its benefits such as reduction in maintenance, installation, and technical changes. • What has further impelled the growth of construction equipment rental market size is the intervention of government reforms and investments. Government organizations worldwide, have been laying immense focus on the refurbishment of current infrastructures and commencing new construction projects to ensure the overall economic development. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Moreover, growing investments in public infrastructure development projects like metro stations, airports, roads, highways, and others by the governmental bodies would potentially drive the construction equipment rental business dynamics. • The spending in renovation of government owned structures across the leading economies including China, Brazil, and India would add to the rise in adoption of concrete equipment, thereby fueling the construction equipment rental industry trends. The Indian government, for instance, initiated a road development program for the North Eastern region. Apparently, Phase A of the framed project, which is expected to be completed by 2021, includes upgradation of nearly 4099 km of roads with an economic budget of $3.3 billion. This move would produce an upsurge in the demand for concrete equipment such as concrete pumps, transit mixers, and crushers over the stipulated timeframe. • Elaborating further on the regional outlook, the rising government investments for smart city development projects across the European states, would exceptionally impel the regional construction equipment rental market growth. Speaking on these lines, the European government has been significantly laying out plans on developing over 200 smart cities by the end of 2020, paving way for tremendous opportunities for the industry growth. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/773 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • European construction equipment rental market is also driven by the rising need for LEED-certified building construction, thereby providing a thrust to the increased deployment of electric and automated construction machinery across the region in the upcoming years. Additionally, various equipment manufacturing industries, across Europe, are looking forward to launching electric models of construction equipment with an intention of supporting the adoption of zero-emission equipment. • Competitive Analysis • The global construction equipment rental market is highly fragmented and hosts the presence of leading market players including Nesco Rentals, United Rentals, Inc, Caterpillar Inc., Aktio Corporation, Mtandt Rentals Limited, and several others. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/773 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Construction Equipment Rental Market @ https://www.gminsights.com/industry-analysis/construction-equipment-rental-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/773 Request for customization: https://www.gminsights.com/roc/773 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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