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Follow on Google News | The US Rental Equipment Market: Size, Trends and Forecast (2019-2023 Edition)The report provides an analysis of the US rental equipment market by value, by penetration rate and includes segment analysis as well.
By: Daedal Research Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the US rental equipment market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The major players dominating the US rental equipment market are United Rentals, Inc., Ashtead Group (Sunbelt), Herc Holdings Inc. and The Home Depot, Inc. The four companies have been profiled in the report providing their business overview, financial overview and business strategies. Company Coverage United Rentals, Inc. Ashtead Group (Sunbelt) Herc Holdings Inc The Home Depot, Inc. Executive Summary The rental equipment includes different machineries and tools of various types and sizes, which is provided by the rental companies on lease or on rent. The equipment is used by the customers for a limited span of time. The customers need to pay rental charges to the rental companies, along with some extra charging elements, such as travel cost, installation or services cost, etc. Rental equipment can help many industries to fulfill the seasonal demand of equipment. The main benefits of the rental equipment include the catering to short-term equipment need, forgoing the upfront investment, decreasing long-run expense, saving tax, solving equipment storage issues, shielding from market fluctuation and eliminating the responsibility of testing, maintenance and service. The rental equipment market can be segmented on the basis of type (Party and Event equipment, General Tools & Construction and Industrial Equipment) and industry (Oil & Gas Industry, Construction Industry, Mining Industry & Power Industry). The construction and Industrial rental equipment market can be further segmented on the basis of type (Earthmoving Machinery, Material Handing Machinery and Concrete Road Construction) The US rental equipment market has increased significantly during the years 2016-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The rental equipment market is expected to increase due to growing construction spending, escalating oil and natural gas production, rising employment, soaring investment in rental equipment, increasing labor cost, etc. Yet the market faces some challenges such as complex business and use of rental equipment by unqualified operators, etc. List of Fogures: Figure 1: Benefits of Rental Equipment Figure 2: Rental Equipment Segmentation by Type Figure 3: Rent Equipment Segmentation by Industry Figure 4: The US Rental Equipment Market by Value; 2016-2018 (US$ Billion) Figure 5: The US Rental Equipment Market by Value; 2019-2023 (US$ Billion) Figure 6: The US Rental Equipment Market Penetration Rate; 2014-2018 (Percentage, %) Figure 7: The US Rental Equipment Market Penetration Rate; 2019-2023 (Percentage, %) Figure 8: The US Rental Equipment Market by Segments; 2018 (Percentage, %) Figure 9: The US Construction and Industrial Rental Equipment Market by Value; 2016-2018 (US$ Billion) Figure 10: The US Construction and Industrial Rental Equipment Market by Value; 2019-2023 (US$ Billion) Figure 11: The US Construction and Industrial Rental Equipment Market Segments by Value; 2016-2018 (US$ Billion) Figure 12: The US Construction and Industrial Rental Equipment Market Segments by Value; 2019-2023 (US$ Billion) Figure 13: The US General Tool Rental Equipment Market by Value; 2016-2018 (US$ Billion) Figure 14: The US General Tool Rental Equipment Market by Value; 2016-2018 (US$ Billion) Figure 15: The US Party and Events Rental Equipment Market by Value; 2016-2018 (US$ Billion) Figure 16: The US Party and Events Rental Equipment Market by Value; 2019-2023 (US$ Billion) Figure 17: The US Construction Spending; 2015-2019 (US$ Trillion) Figure 18: The US Construction Spending by Segment; 2016-2020 (US$ Billion) Figure 19: The US Oil Production; 2010-2017 (Million Barrels) Figure 20: The US Natural Gas Production; 2010-2017 (Billion Cubic Feet) Figure 21: The US Employment Rate; 2014-2018 (Percentage, %) Figure 22: The US Construction Employees; 2015-2019 (Million) Figure 23: The US Rental Equipment Investment; 2015-2019 (US$ Billion) Figure 24: The US Unit Labor Cost; 2014-2018 (Index Points) Figure 25: The US Total Population & Urban Population; 2012-2017 (Million & Percentage, %) Figure 26: The US Manufacturing, Construction & Mining GDP; 2014-2018 (US$ Billion) Figure 27: The US Highway and Street Infrastructure Spending; 2018-2023 (US$ Billion) Figure 28: The US Rental Equipment Players by Market Share; 2018 (Percentage, %) Figure 29: United Rentals, Inc. Segments Figure 30: United Rentals, Inc. Products and Services Figure 31: United Rentals Inc. Total Revenue; 2014-2018 (US$ Billion) Figure 32: United Rentals Inc. Total Revenue by Segments; 2018 (Percentage, %) Figure 33: United Rentals Inc. Total Revenue by Sub-Segments; Figure 34: United Rentals, Inc. Total Revenue by Products and Services; 2018 (Percentage, %) Figure 35: United Rentals, Inc. Total Revenue by Region; 2018 (Percentage, %) Figure 36: Ashtead Group Segments For further details, kindly visit : http://www.daedal- Rajeev Kumar (Business Development Manager) Address: 36 SFS Flats Paschim Vihar New Delhi-110063 Mobile: +91-9811715635 Tel: +91-120-4553017 Mail ID - info@daedal- End
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