UAE Construction Equipment Rental

UAE Construction Equipment Rental Market Research Report: Forecast (2022-27)

By Type of Equipment (Earth Moving Equipment, Construction Vehicle, Material Handling Equipment, Other Construction and Tunneling Equipment), By Equipment Type (Excavator, Crane, Grader, Loader, Bulld Read more

  • Buildings, Construction, Metals & Mining
  • Aug 2022
  • 105
  • BM10205

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:

  • In January 2020, Fujairah announced the construction of a 44km road network covering 11 prominent areas in the UAE. Back in 2019, the government announced the construction of 64km internal roads connecting the major cities in the country.

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. Research Process
    2. Product/Service Overview
    3. Market Segmentation
    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
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Type of Equipment
        1. Earth Moving Equipment
        2. Construction Vehicle
        3. Material Handling Equipment
        4. Other Construction and Tunneling Equipment
      2. By Emirates
        1. Abu Dhabi & Al Ain
        2. Dubai
        3. Sharjah & Northern Emirates
      3. By End Users
        1. Residential
        2. Commercial
        3. Industrial
      4. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  6. UAE Excavator Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Type
        1. Back hoe
        2. Dragline
        3. Suction excavators
        4. Power shovels
        5. Others
      2. By Weight
        1. Upto 10 tons
        2. 10 to 30 tons
        3. More than 30 tons
      3. By Emirates
      4. By Company
    3. UAE Excavator Rental Details
  7. UAE Grader Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Type
        1. Rigid Frame
        2. Articulated Frame
      2. By Blade Width
        1. Upto 5m
        2. More than 5 m
      3. By Emirates
      4. By Company
    3. UAE Grader Rental Details
  8. UAE Loader Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Type
        1. Track Loaders
        2. Wheel Loaders
      2. By Weight
        1. Upto 30 ton
        2. 30 -60 ton
        3. More than 60 ton
      3. By Emirates
      4. By Company
    3. UAE Loader Rental Details
  9. UAE Bulldozer Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Type
        1. Crawler bulldozer
        2. Wheeled bulldozer
        3. Mini dozers
      2. By Weight
        1. Upto 10 ton
        2. 11 -30 ton
        3. More than 30 ton
      3. By Emirates
      4. By Company
    3. UAE Bulldozer Rental Details
  10. UAE Trenchers Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
    2. Market Revenues
    3. Market Share & Analysis
      1. By Type
        1. Ladder trenchers
        2. Wheel trenchers
      2. By Emirates
      3. By Company
    4. UAE Trenchers Rental Details
  11. UAE Tipper Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
    2. Market Revenues
    3. Market Share & Analysis
      1. By Type
        1. Standard Tipper
        2. Semi-Trailer End Tipper
        3. Side Dump Trucks
        4. Others
      2. By Capacity
        1. Upto 10 ton
        2. 11 -20 ton
        3. More than 20 ton
      3. By Emirates
      4. By Company
    4. 11.3.UAE Tipper Rental Details
  12. UAE Crane Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
    2. Market Revenues
    3. Market Share & Analysis
      1. By Type
        1. Mobile Cranes
        2. Telescopic Crane
        3. Tower Crane
        4. Truck Mounted Crane
        5. Loader Crane
      2. By Lift Capacity
        1. Upto 20 ton
        2. 21 - 40 ton
        3. More than 40 ton
      3. By Emirates
      4. By Company
    4. UAE Crane Rental Details
  13. UAE Forklifts Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
    2. Market Revenues
    3. Market Share & Analysis
      1. By Type
        1. Cushion Tire Forklifts
        2. Pneumatic Tire Forklifts
        3. 3/4 Wheel Electric Forklifts
        4. Rough Terrain Forklifts
      2. By Lift Capacity
        1. Upto 2 ton
        2. 2 - 5 ton
        3. More than 5 ton
      3. By Emirates
      4. By Company
    4. UAE Forklifts Rental Details
  14. UAE Road Rollers Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Type
        1. Single Drum Rollers
        2. Double Drum Rollers
        3. Others
      2. By Emirates
      3. By Company
      4. UAE Road Rollers Rental Details
  15. UAE DG Set Rental Market Analysis, 2017-2027
    1. Market Size & Analysis
    2. Market Revenues
    3. Market Share & Analysis
      1. By KVA Ratings
        1. 5 KVA to 75 KVA
        2. 75.1 to 375 KVA
        3. 375.1 to 750KVA
        4. 750.1 to 1,000 KVA
        5. Above 1,000 KVA
      2. By Emirates
      3. By Company
    4. UAE DG Set Rental Details
  16. UAE Construction Equipment Rental Market Attractiveness Indexing, 2017-2027
    1. By Type of Equipment
    2. By Type of Products
    3. By Emirates
  17. UAE Construction Equipment Rental Market Trends & Developments
  18. UAE Construction Equipment Rental Market Dynamics
    1. Impact Analysis
    2. Drivers
    3. Challenges
  19. UAE Construction Equipment Rental Market Winning Strategies, 2019
    1. Investment Scenario
    2. Hotspots
  20. UAE Construction Equipment Rental Market, Porter’s Fiver Forces Analysis
  21. Competitive Benchmarking
    1. Competition Matrix
    2. Product Portfolio
    3. Target Markets
    4. Target End Users
    5. Research & Development
    6. Strategic Alliances
    7. Strategic Initiatives
    8. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
      1. Al Mutawa Heavy Equipment
      2. Mohamed Abdulrahman Al-Bahar
      3. Al Faris
      4. Johnson Arabia
      5. Byrne Rental
      6. Al Shola Rental
      7. Yellow Cat Heavy Equipment
      8. Aggreko
      9. Tanzeem Heavy Equipment Rental
      10. Gallagher International
  22. Disclaimer
UAE Construction Equipment Rental Market Segmentation
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