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Construction Equipment Rental Market Trends Report & Forecast, 2017 – 2024

Construction Equipment Rental Market Trends Report & Forecast, 2017 –

Construction Equipment Rental Market Trends Report & Forecast, 2017 2024; Global Market Insights, Inc. With the rising number of construction activities and the subsequent requirement for heavy machinery, construction equipment rental market is set to grow at a remarkable pace. Rental facilities help end-use sectors operate new and advanced machinery at an affordable price. In addition, the changing trends of the construction and industrial sectors regarding technologically advanced machinery will provide business opportunities to leading companies, thereby boosting construction equipment rental market.The globe is also witnessing a steady rise in the number of infrastructure renovation activities in various civil sectors, which will augment construction equipment rental industry considerably. According to Global Market Insights, Inc., “Worldwide Construction Equipment Rental Market collected a revenue of USD 34 billion in 2015 and will record an annual growth rate of 9.1% over the coming years of 2016 to 2024.” Of late, rental agencies offer varied equipment incorporated with advanced features such as ergonomic controls, remote monitoring, GPS system, and quick change linkage. GPS equipped machinery helps to enhance vehicle performance and management. Rental equipment suppliers are focusing on customer satisfaction to attract a wider range of consumers by providing on-time delivery, high product quality, scheduled pick-ups, and enhanced response time, which in turn, will stimulate construction equipment rental industry size considerably. © 2018 Global Market Insights Inc. All Rights Reserved

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