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$114 Billion Worldwide Construction Equipment Rental

Construction Equipment Rental Global Market Report 2022

Global Construction Equipment Rental Revenue Will Grow 1 6X from 2021 to 2031, Reaching Nearly US$ 176 Billion in 2031: Fact MR Analysis

Global Construction Equipment Rental Revenue Will Grow 1 6X from 2021 to 2031, Reaching Nearly US$ 176 Billion in 2031: Fact MR Analysis
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Construction Rental Companies are Likely to Add Construction Equipment Fleet 1 2X Higher than Other Buyer Categories

Construction equipment rental market set for solid growth in 5 years

Construction equipment rental market set for solid growth in 5 years LONDON, 2 hours, 40 minutes ago The global construction equipment rental market is poised for tremendous growth mainly driven by the robust adoption of technologically integrated equipment in rental fleets in key markets of North America, Europe and Asia Pacific, according to a report by Graphical Research.        With the expanding consumer base of earthmoving & roadbuilding equipment in the US, Canada and Mexico, loaders will witness bullish demand in the region.    The trend for loading materials such as clearing rubble, trucks and digging will bolster the product adoption to move and lift heavy objects. The North America construction equipment rental market share from the loaders subsegment will grow at a significant rate in the next few years, partly attributed to the innate ability of these machines to shift materials from one place to another, stated Graphical Research in its report.

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