UAE Construction Equipment Rental Market (2018-2024)Posted by Bharat Book on August 14th, 2018 Bharat Book Bureau Provides the Trending Market Research Report on “UAE Construction Equipment Rental Market (2018-2024)” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. UAE Construction Equipment Rental Market (2018-2024): Market Forecast By Types of Equipment (Crane (Mobile Crane, Crawler Crane and Tower Crane), Bulldozer, Earth Moving Equipment (Loader (Backhoe Loader, Wheeled Loader and Skid Steer Loader), Excavator (Tracked Excavator, Mini Excavator and Wheeled Excavator), Motor Grader), Material Handling Equipment (Forklift and Telescopic Handler), Dump Trucks, Aerial Work Platform (Articulated Boom Lift, Telescopic Boom Lift and Scissor Lifts)), By Applications (Construction and Others), By Regions (Abu Dhabi, Dubai and Other Emirates) and Competitive Landscape Request a free sample copy of UAE Construction Equipment Rental Market Report @ UAE Construction Equipment Rental Market registered substantial growth as a result of increasing construction activities as well as strengthening commercial, hospitality and residential sectors. Construction sector growth is attributed to increased infrastructure spending for World Expo 2020. Further, to avoid the cost of purchasing new equipment and to evade maintenance expenses, construction companies in UAE are opting for renting the equipment. UAE construction equipment rental market is projected to grow at a CAGR of 3.3% during 2018-24. Purchasing a construction equipment often requires a significant initial investment which could divert a large portion of the capital from the operating costs. In order to avoid buying new equipment and evade maintenance, licensing, taxation and transportation expenses, construction companies in UAE are opting for rental option. Currently, residential, transportation and hospitality sectors accounts for majority of the revenue share in the overall construction equipment rental market followed by industrial and oil & gas sectors. In UAE, Dubai accounted for the largest revenue share in the country followed by Abu Dhabi and other Emirates. Further, construction projects across the commercial and residential verticals coupled with growing hospitality sector would be the key driving factors behind the growth of construction equipment rental market in the country. Some of the key players in UAE construction equipment rental market are Al Faris, Al Bahar, Johnson Arabia, Byrne equipment rental and Al Mutawa equipment rental. The report thoroughly covers the UAE Construction Equipment Rental market by equipment type, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities, high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics. Key Highlights of the Report: Historical data of Global Construction Equipment Rental Market Revenues for the Period 2014-2017. By Types of Equipment By Applications: By Regions: Browse our full report with Table of Contents : https://www.bharatbook.com/MarketReports/UAE-Construction-Equipment-Rental-Market-2018-2024/1145225 About Bharat Book Bureau: Contact us at: Bharat Book Bureau Follow us on : Twitter, Facebook, LinkedIn, Google Plus Like it? Share it! More by this author |