Market Definition
With the growing construction activities across the UAE, it is observed that contractors are increasingly inclining toward renting the construction equipment. It is principally due to an extensive range of benefits like avoiding expenses on purchase & maintenance, exposure to technologically advanced & latest equipment, enhancing the construction operations, & bringing automation & telematics in complex procedures, among others. Besides, since many models of construction equipment involve high ownership costs, contractors see renting them as a smart way of attaining all the benefits of equipment in different applications periodically.
Market Insights
The UAE Construction Equipment Rental Market is projected to grow at a CAGR of less than 5% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the rapidly growing number of construction activities in the UAE, owing to the mounting focus on infrastructural developments in line with the UAE Vision 2030.
Additionally, rapid technological advancements with automation & telematics in the equipment to enhance operational efficiency are also playing a prominent role in stimulating the demand for construction equipment across the UAE. However, the high cost of construction equipment is swiftly bringing traction toward their rental supply for different construction applications, which, in turn, is driving the market.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 5% |
| Key Companies Profiled | Al Mutawa Heavy Equipment, Mohamed Abdulrahman Al-Bahar, Al Faris, Johnson Arabia, Byrne Rental, Al Shola Rental, Yellow Cat Heavy Equipment, Aggreko, Tanzeem Heavy Equipment Rental, Gallagher International |
| Unit Denominations | USD Million/Billion |
Besides, since the country is a host for the ongoing World Expo 2020, the UAE government has been contributing to the surging number of construction projects for highways, shopping malls, & hotels, among others, and, as a result, positively influencing the demand for construction equipment rentals. Moreover, several initiatives by the government are generating immense growth opportunities for the leading players in the UAE Construction Equipment Rental Market. For instance:
With such projects, the demand for construction equipment is escalating swiftly and generating growth opportunities for the leading market players to provide equipment rental services & augment the market growth over the forecast years. The advent of Covid-19 in 2020 had a decelerating impact on most industries across the UAE, where the Constriction Equipment Rental Market was moderately affected. The imposition of stringent restrictions & lockdowns by the UAE government to curb the spread of this dreadful disease introduced several unprecedented challenges to the market.
Since the construction industry is highly prominent in the UAE for economic sustainability, the government allowed construction activities to remain operational amidst the pandemic. As a result, workers involved in projects were permitted to commute to & from sites, provided they had the permit from the Dubai Municipality & the Permanent Committee for Labor Affairs.
Moreover, the government ensured to mitigate the possibility of disease spread by avoiding physical & face to face contact by adopting electronic, automated, and safer means for construction operations. It, in turn, augmented the demand for construction equipment with technologies like automation & telematics to enhance the operations & bring efficiency & speed to the process.
However, hampered transportation & logistics affected the supply & deliveries of equipment across locations and slowed construction operations, thereby witnessing a temporary decline. Nonetheless, with the gradual upliftment of restrictions & frequent lockdowns, along with a reducing number of Covid-19 cases, the government allowed the recommencement of business operations.
As a result, the supply of equipment & rental services were back in the flow. The temporary halt in the industry demonstrated the emergence of new players in the market and increased competition for the market players across the UAE.
1. Introduction
1.1. Research Process
1.2. Product/Service Overview
1.3. Market Segmentation
1.4. Assumptions
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. UAE Macroeconomic Outlook
5. UAE Construction Equipment Rental Market Analysis, 2017-2027
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Type of Equipment
5.2.1.1. Earth Moving Equipment
5.2.1.2. Construction Vehicle
5.2.1.3. Material Handling Equipment
5.2.1.4. Other Construction and Tunneling Equipment
5.2.2. By Emirates
5.2.2.1. Abu Dhabi & Al Ain
5.2.2.2. Dubai
5.2.2.3. Sharjah & Northern Emirates
5.2.3. By End Users
5.2.3.1. Residential
5.2.3.2. Commercial
5.2.3.3. Industrial
5.2.4. By Company
5.2.4.1. Revenue Shares
5.2.4.2. Strategic Factorial Indexing
5.2.4.3. Competitor Placement in MarkNtel Quadrant
6. UAE Excavator Rental Market Analysis, 2017-2027
6.1. Market Size & Analysis
6.1.1. Market Revenues
6.2. Market Share & Analysis
6.2.1. By Type
6.2.1.1. Back hoe
6.2.1.2. Dragline
6.2.1.3. Suction excavators
6.2.1.4. Power shovels
6.2.1.5. Others
6.2.2. By Weight
6.2.2.1. Upto 10 tons
6.2.2.2. 10 to 30 tons
6.2.2.3. More than 30 tons
6.2.3. By Emirates
6.2.4. By Company
6.3. UAE Excavator Rental Details
7. UAE Grader Rental Market Analysis, 2017-2027
7.1. Market Size & Analysis
7.1.1. Market Revenues
7.2. Market Share & Analysis
7.2.1. By Type
7.2.1.1. Rigid Frame
7.2.1.2. Articulated Frame
7.2.2. By Blade Width
7.2.2.1. Upto 5m
7.2.2.2. More than 5 m
7.2.3. By Emirates
7.2.4. By Company
7.3. UAE Grader Rental Details
8. UAE Loader Rental Market Analysis, 2017-2027
8.1. Market Size & Analysis
8.1.1. Market Revenues
8.2. Market Share & Analysis
8.2.1. By Type
8.2.1.1. Track Loaders
8.2.1.2. Wheel Loaders
8.2.2. By Weight
8.2.2.1. Upto 30 ton
8.2.2.2. 30 -60 ton
8.2.2.3. More than 60 ton
8.2.3. By Emirates
8.2.4. By Company
8.3. UAE Loader Rental Details
9. UAE Bulldozer Rental Market Analysis, 2017-2027
9.1. Market Size & Analysis
9.1.1. Market Revenues
9.2. Market Share & Analysis
9.2.1. By Type
9.2.1.1. Crawler bulldozer
9.2.1.2. Wheeled bulldozer
9.2.1.3. Mini dozers
9.2.2. By Weight
9.2.2.1. Upto 10 ton
9.2.2.2. 11 -30 ton
9.2.2.3. More than 30 ton
9.2.3. By Emirates
9.2.4. By Company
9.3. UAE Bulldozer Rental Details
10. UAE Trenchers Rental Market Analysis, 2017-2027
10.1.Market Size & Analysis
10.1.1. Market Revenues
10.2.Market Share & Analysis
10.2.1. By Type
10.2.1.1. Ladder trenchers
10.2.1.2. Wheel trenchers
10.2.2. By Emirates
10.2.3. By Company
10.3. UAE Trenchers Rental Details
11. UAE Tipper Rental Market Analysis, 2017-2027
11.1.Market Size & Analysis
11.1.1. Market Revenues
11.2.Market Share & Analysis
11.2.1. By Type
11.2.1.1. Standard Tipper
11.2.1.2. Semi-Trailer End Tipper
11.2.1.3. Side Dump Trucks
11.2.1.4. Others
11.2.2. By Capacity
11.2.2.1. Upto 10 ton
11.2.2.2. 11 -20 ton
11.2.2.3. More than 20 ton
11.2.3. By Emirates
11.2.4. By Company
11.3.UAE Tipper Rental Details
12. UAE Crane Rental Market Analysis, 2017-2027
12.1.Market Size & Analysis
12.1.1. Market Revenues
12.2.Market Share & Analysis
12.2.1. By Type
12.2.1.1. Mobile Cranes
12.2.1.2. Telescopic Crane
12.2.1.3. Tower Crane
12.2.1.4. Truck Mounted Crane
12.2.1.5. Loader Crane
12.2.2. By Lift Capacity
12.2.2.1. Upto 20 ton
12.2.2.2. 21 - 40 ton
12.2.2.3. More than 40 ton
12.2.3. By Emirates
12.2.4. By Company
12.3.UAE Crane Rental Details
13. UAE Forklifts Rental Market Analysis, 2017-2027
13.1.Market Size & Analysis
13.1.1. Market Revenues
13.2.Market Share & Analysis
13.2.1. By Type
13.2.1.1. Cushion Tire Forklifts
13.2.1.2. Pneumatic Tire Forklifts
13.2.1.3. 3/4 Wheel Electric Forklifts
13.2.1.4. Rough Terrain Forklifts
13.2.2. By Lift Capacity
13.2.2.1. Upto 2 ton
13.2.2.2. 2 - 5 ton
13.2.2.3. More than 5 ton
13.2.3. By Emirates
13.2.4. By Company
13.3.UAE Forklifts Rental Details
14. UAE Road Rollers Rental Market Analysis, 2017-2027
14.1. Market Size & Analysis
14.1.1. Market Revenues
14.2. Market Share & Analysis
14.2.1. By Type
14.2.1.1. Single Drum Rollers
14.2.1.2. Double Drum Rollers
14.2.1.3. Others
14.2.2. By Emirates
14.2.3. By Company
14.3.UAE Road Rollers Rental Details
15. UAE DG Set Rental Market Analysis, 2017-2027
15.1.Market Size & Analysis
15.1.1. Market Revenues
15.2.Market Share & Analysis
15.2.1. By KVA Ratings
15.2.1.1. 5 KVA to 75 KVA
15.2.1.2. 75.1 to 375 KVA
15.2.1.3. 375.1 to 750KVA
15.2.1.4. 750.1 to 1,000 KVA
15.2.1.5. Above 1,000 KVA
15.2.2. By Emirates
15.2.3. By Company
15.3.UAE DG Set Rental Details
16. UAE Construction Equipment Rental Market Attractiveness Indexing, 2017-2027
16.1. By Type of Equipment
16.2. By Type of Products
16.3. By Emirates
17. UAE Construction Equipment Rental Market Trends & Developments
18. UAE Construction Equipment Rental Market Dynamics
18.1.Impact Analysis
18.2.Drivers
18.3.Challenges
19. UAE Construction Equipment Rental Market Winning Strategies, 2019
19.1.Investment Scenario
19.2.Hotspots
20. UAE Construction Equipment Rental Market, Porter’s Fiver Forces Analysis
21. Competitive Benchmarking
21.1.Competition Matrix
21.1.1. Product Portfolio
21.1.2. Target Markets
21.1.3. Target End Users
21.1.4. Research & Development
21.1.5. Strategic Alliances
21.1.6. Strategic Initiatives
21.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
21.2.1. Al Mutawa Heavy Equipment
21.2.2. Mohamed Abdulrahman Al-Bahar
21.2.3. Al Faris
21.2.4. Johnson Arabia
21.2.5. Byrne Rental
21.2.6. Al Shola Rental
21.2.7. Yellow Cat Heavy Equipment
21.2.8. Aggreko
21.2.9. Tanzeem Heavy Equipment Rental
21.2.10. Gallagher International
22. Disclaimer
