Technology Research Reports Construction Equipment Rental Market | Página 2

for instance, is working on a mega road project “One Belt, One Road”, which focuses on connecting China to
Europe.
Europe has also witnessed a rise in mega projects related to road construction and transportation;
approximately 30 different projects have been lined up over the next few years. For instance, the European
Commission has started its ambitious road project to connect Britain and Ireland with Northern Europe in 2018.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/construction-equipment-
rental-market
Further key findings from the report suggest:
• The global construction equipment rental market was valued at USD 159.35 billion in 2016 and is
expected to exhibit a CAGR of 4.8% from 2017 to 2025
• Earth moving machinery emerged as the largest product segment in 2016 and is anticipated to
reach USD 133.78 billion by 2025
• The material handling machinery segment is expected to register a CAGR of 5.3% over the
forecast period
• Middle East and Africa is anticipated to emerge as the most promising market for construction
equipment rental by 2025, owing to increasing mining and construction activity in the region
• Key players including United Rental; Ashtead Group; Aggreko; Herc Rentals Inc.; and Aktio Corp.
dominated the global construction equipment rental market in 2016
Grand View Research has segmented the global construction equipment rental market on the basis of product and
region:
Construction Equipment Rental Product Outlook (Revenue, USD Billion, 2014 - 2025)
• Earth Moving Machinery
• Material Handling Machinery
• Concrete & Road Construction Machinery
Construction Equipment Rental Regional Outlook (Revenue, USD Billion, 2014 - 2025)
• North America
•
o U.S.
o Canada
Europe
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o U.K.
o Germany
o France