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SELBYVILLE, Del., Dec. 16, 2020 /PRNewswire/ According to the latest report Construction Equipment Rental Market by Product (Earthmoving & Road Building Equipment [Backhoes, Excavators, Loaders, Compaction Equipment], Material Handling & Cranes [Storage & Handling Equipment, Engineered Systems, Industrial Trucks, Bulk Material Handling Equipment], Concrete Equipment [Concrete Pumps, Crushers, Transit Mixers, Asphalt Pavers, Batching Plants]),, Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026 , by Global Market Insights, Inc., the market valuation of construction equipment rental will cross $155 billion by 2026. The market growth is driven by the increasing focus of government authorities on refurbishing and upkeep of existing public infrastructures.
The material handling & cranes in the construction equipment rental market is projected to grow at an escalating rate during the forecast period due to a positive economic growth and inc