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Major factors driving the growth of construction equipment rental market size are :
Renting avoids expenses due to maintenance, immoderate operational costs, high wages of skilled operators, also high initial investment and financial constraints can be avoided.
Renting also shields companies from locking their capital during economic uncertainty, global pandemic like COVID-19 by cancelling the equipment contracts when the demand drops.
Major infrastructure projects in emerging markets and a boom in residential construction in the US and Europe during the forecasted year:
Request a Sample Copy of the Report For COVID-19 Impact Analysis on Construction Equipment Rental Market:
TRENDS INFLUENCING THE CONSTRUCTION EQUIPMENT RENTAL MARKET SIZE