UAE Construction Equipment Rental Market Analysis, 2020
By Type of Equipment (Earth Moving Equipment, Construction Vehicle, Material Handling Equipment, Other Construction and Tunneling Equipment), By Equipment Type (Excavator, Crane, Grader, Loader, Bulldozer, Trencher, Tipper, Forklift, Roadrollers, DG Set) By Region (Dubai, Abu Dhabi, Sharjah & Northern Emirates), By End Users (Residential, Commercial, Industrial), By Company
Buildings, Construction, Metals & Mining
The UAE has introduced several initiatives that have a strong impact on the country’s tourism sector. Some of the initiatives include Dubai Tourism Strategy 2020, Sharjah Tourism Vision 2021, and Ajman Strategic Plan for Tourism 2015-2021. The surging number of tourists in the country can positively impact the growth of the hospitality sector. Therefore, the establishment of new hotels in the country is anticipated to strongly contribute to the growth of the UAE Construction Equipment Rental market in the years to come.
According to the MarkNtel Advisors’ research report titled “UAE Construction Equipment Rental Market Analysis, 2020”, the Construction Equipment Rental market is projected to register a CAGR of less than 5% during 2020-25. The earthmoving equipment acquired the highest share in the UAE Construction Equipment Rental market in 2019 on an account of the increasing construction activities in the residential and commercial sectors. Moreover, the high cost of purchasing new construction equipment in comparison to the rental equipment is projected to boost the demand for rental construction equipment in the country.
Moreover, the residential and commercial sector captured a considerable market share in the overall UAE Construction Equipment Rental market in 2019. The maximum market share is attributed to the numerous initiatives by the government to boost infrastructure development.
As per MarkNtel Advisors’ study, the companies which have captured a significant market share in the UAE Construction Equipment Rental market include Al Mutawa Heavy Equipment, Mohamed Abdulrahman Al-Bahar, Al Faris, Johnson Arabia, Byrne Rental, Al Shola Rental, etc.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of UAE Construction equipment rental market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the UAE Construction equipment rental market?
Who are the key competitors or market players and how they perform in UAE construction equipment rental on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of UAE Construction equipment rental market study?
Market Outlook, Segmentation and Statistics
Market Size & Analysis
Market Share & Analysis
By Type of Equipment
Earth Moving Equipment
Material Handling Equipment
Other Construction and Tunnelling Equipment
Abu Dhabi & Al Ain
Sharjah & Northern Emirates
By End Users
Strategic Factorial Indexing
Competitor Placement in MarkNtel Quadrant
UAE Construction Equipment Rental Market Attractiveness Indexing
By Type of Equipment
By Type of Products
UAE Construction Equipment Rental Market Winning Strategies, 2019
UAE Construction Equipment Rental Market, Porter’s Fiver Forces Analysis
Frequently Asked Questions
Q. What would be the growth rate or CAGR UAE Construction equipment rental market during 2020-25?
A. The market size of UAE Construction equipment rental market during 2020-25 is forecast to be less than 5%.
Q. Which type of equipment would grab the highest market share during 2020-25?
A. It is forecast that the earthmoving equipment grabbed the highest share in the UAE construction equipment rental market with majority market share and size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in UAE Construction equipment rental market?
A. Al Mutawa Heavy Equipment, Mohamed Abdulrahman Al-Bahar, Al Faris Equipment Rentals LLC, Johnson Arabia, Byrne Rental, Al Shola Rental are few of the leading players in the UAE Construction equipment rental market.
Q. Does the report scope cover equipment type wise market statistics also?
A. Yes, the scope of the report encompass detailed equipment type wise statistics such as market size, market segmentation based on various subcategories.
Q. Which end user segment would emerge as an opportunity area for players in construction equipment rental market?
A. Commercial sector and residential sector would continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of construction equipment on rental basis across UAE.
1.1. Research Process
1.2. Product/Service Overview
1.3. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. UAE Macroeconomic Outlook
5. UAE Construction Equipment Rental Market Analysis, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Type of Equipment
220.127.116.11. Earth Moving Equipment
18.104.22.168. Construction Vehicle
22.214.171.124. Material Handling Equipment
126.96.36.199. Other Construction and Tunneling Equipment
5.2.2. By Emirates
188.8.131.52. Abu Dhabi & Al Ain
184.108.40.206. Sharjah & Northern Emirates
5.2.3. By End Users
5.2.4. By Company
220.127.116.11. Revenue Shares
18.104.22.168. Strategic Factorial Indexing
22.214.171.124. Competitor Placement in MarkNtel Quadrant