About Equipment Rental
Equipment rental is a service industry that provides machinery, tools, and equipment to end-users such as the construction, mining, power, and oil and gas industries on a rental basis. A rental agreement signed before the transaction specifies the rental amount, security deposit, delivery date, late return fees, duration of the rental period, and location. Renting equipment has several benefits such as it avoids the initial purchase cost and requires less maintenance and repair cost.
Technavio’s analysts forecast the global equipment rental market to grow at a CAGR of 3.26% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global equipment rental market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Equipment Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Atlas Copco
• Caterpillar
• Hertz Equipment Rental
• Sunbelt Rentals
• United Rentals
Other prominent vendors
• Aggreko
• AKTIO Corporation
• Ashtead Group
• BlueLine Rental
• Cramo
• Deere & Company
• Fabick CAT
• Herc Rentals
• Kanamoto
• Loxam
• Maxim Crane Works
• Mustang CAT
• NISHIO RENT ALL
• NIKKEN CORPORATION (Mitsubishi Corporation)
• Sims Crane & Equipment
• Stephensons Rental Services
• Sunstate Equipment Company
• Titan Machinery
Market driver
• Advantages of renting equipment for short-term projects
• For a full, detailed list, view our report
Market challenge
• Environmental impact due to end-user industries
• For a full, detailed list, view our report
Market trend
• Rental equipment monitoring
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: MARKET SEGMENTATION BY END-USER
• Global equipment rental market by end-user
• Global equipment rental market by end-user 2021
• Global equipment rental market by end-user 2016-2021
• Global equipment rental market by oil and gas industry
• Global equipment rental market by construction industry
• Global equipment rental market by mining industry
• Global equipment rental market by power industry
• Global equipment rental market by others
PART 07: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• Americas – Market size & forecast
• APAC – market size & forecast
• EMEA – market size & forecast
• Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 10: MARKET TRENDS
• Rental equipment monitoring
• Deep-sea mining
• Impact of Industry 4.0 on construction and oil and gas industry
PART 11: VENDOR LANDSCAPE
• Competitive landscape
• Other prominent vendors
PART 12: KEY VENDOR ANALYSIS
• Atlas Copco
• Caterpillar
• Hertz Equipment Rental
• Sunbelt Rentals
• United Rentals
PART 13: APPENDIX
• List of abbreviations
List of Exhibits
Exhibit 01: Global equipment rental market
Exhibit 02: Global equipment rental market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global equipment rental market 2016 (%)
Exhibit 05: Global equipment rental market 2021 (%)
Exhibit 06: Global equipment rental market by end-user 2016-2021 (%)
Exhibit 07: Global equipment rental market by oil and gas industry 2016-2021 ($ billions)
Exhibit 08: Global equipment rental market by construction industry 2016-2021 ($ billions)
Exhibit 09: Global equipment rental market by mining industry 2016-2021 ($ billions)
Exhibit 10: Global equipment rental market by power industry 2016-2021 ($ billions)
Exhibit 11: Global equipment rental market by power industry 2016-2021 ($ billions)
Exhibit 12: Global – market size and forecast
Exhibit 13: Regional comparison
Exhibit 14: Americas – market size & forecast 2017-2021 ($ bn)
Exhibit 15: Americas – Year-over-year growth 2017-2021 (%)
Exhibit 16: Top 3 countries in Americas
Exhibit 17: APAC – market size & forecast 2017-2021 ($ bn)
Exhibit 18: APAC – Year-over-year growth 2017-2021 (%)
Exhibit 19: Top 3 countries in APAC
Exhibit 20: EMEA – market size & forecast 2017-2021 ($ bn)
Exhibit 21: EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 22: Top 3 countries in EMEA
Exhibit 23: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 24: Increase in consumption of petrol/diesel in India 2013-2016
Exhibit 25: Global crude oil price 2012-2017 ($/bbl)
Exhibit 26: Atlas Copco: Key product offerings
Exhibit 27: Atlas Copco: Key product offerings (rental fleet)
Exhibit 28: Atlas Copco: Recent developments
Exhibit 29: Caterpillar: Key product offerings
Exhibit 30: Caterpillar: Recent developments
Exhibit 31: Hertz Equipment Rental: Key product offerings
Exhibit 32: Hertz Equipment Rental: Recent developments
Exhibit 33: Sunbelt Rentals: Key product offerings
Exhibit 34: Sunbelt Rentals: Recent developments
Exhibit 35: United Rentals: Key product offerings
Exhibit 36: United Rentals: Recent developments
