Construction Equipment Rental Market in UAE


Posted April 9, 2019 by nikhil-6wresearch

Expanding Construction Industry on Account of Upcoming Dubai Expo 2020 Coupled with Government Initiatives such as UAE Vision 2021 Would Surge the UAE Construction Equipment Rental Market By 2024

 
Growing construction industry on account of strengthening commercial, hospitality and residential sectors in recent years has fueled the demand for construction equipment rental market in UAE. Furthermore, growth in construction sector is expected to come from infrastructure spending for World Expo 2020, which would ultimately boost the construction equipment rental market. Additionally, cranes and earthmoving equipment are likely to dominate the market as these equipment are majorly used at construction sites for excavation and lifting heavy weights.

According to 6Wresearch, 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.

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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.
• Market Size & Forecast of Global Construction Equipment Rental Market Revenues until 2024.
• Historic data of UAE Construction Equipment Rental Market Revenues for the Period 2014-2017.
• Market Size & Forecast of UAE Construction Equipment Rental Market Revenues until 2024.
• Historic data of UAE Crane Rental Market Revenues, By Types, By Lifting Capacity for the Period 2014-2017.
• Market Size & Forecast of UAE Cranes rental Market Revenues, By Types, By Lifting Capacity until 2024.
• Historic data of Bulldozer Market Revenues, By Operating Weight for the Period 2014-2017.
• Market Size & Forecast of Bulldozer Market Revenues, By Operating Weight until 2024.
• Historic data of Earthmoving Equipment Rental Market Revenues By Types, By Engine Power,
By Operating Weight for the Period 2014-2017.
• Market Size & Forecast of Earthmoving Equipment Rental Market Revenues, By Types, By Engine Power,
By Operating Weight until 2024.
• Historic data of Material Handling Equipment Rental Market Revenues, By Types, By Lifting
Capacity for the Period 2014-2017.
• Market Size & Forecast of Material Handling Equipment Rental Market Revenues, By Types, By Lifting
Capacity until 2024.
• Historic data of Dump Truck Rental Market Revenues, By Operating Weight for the Period 2014-2017.
• Market Size & Forecast of Dump Truck Rental Market Revenues, By Operating Weight until 2024.
• Historic data of Aerial Work Platform Rental Market Revenues, By Types, By Platform Height for
the Period 2014-2017.
• Market Size & Forecast of Aerial Work Platform Rental Market Revenues, By Types, By Platform Height until 2024.
• Historical data of Construction Equipment Rental Market Revenues, By Applications for the Period 2014-2017.
• Market Size & Forecast of Construction Equipment Rental Market Revenues, By Applications until 2024.
• Historical data of Construction Equipment Rental Market Revenues, By Regions for the Period 2014-2017.
• Market Size & Forecast of Construction Equipment Rental Market Revenues, By Regions until 2024.
• Market Drivers and Restraints.
• Market Trends and Developments.
• Player Market Share and Competitive Landscape.
• Company Profiles.
• Strategic Recommendations.

Markets Covered
The report provides detailed analysis of the following market segments:
• By Types of Equipment
o Crane
■ Mobile Crane
■ Crawler Crane
■ Tower Crane
o Bulldozer
o Earth Moving Equipment
■ Loader
› Backhoe Loader
› Wheeled Loader
› Skid Steer Loader
■ Excavator
› Tracked Excavator
› Mini Excavator
› Wheeled Excavator
■ Motor Grader
o Material Handling Equipment
■ Forklift
■ Telescopic Handler
o Dump Trucks
o Aerial Work Platform
■ Articulated Boom Lift
■ Telescopic Boom Lift
■ Scissor Lifts
• By Applications:
o Construction
o Others
• By Regions:
o Abu Dhabi
o Dubai
o Other Emirates

For More Information:
https://www.6wresearch.com/market-reports/uae-construction-equipment-rental-market-2018-2024-forecast-by-types-crane-bulldozer-earth-moving-loader-excavator-applications-competitive-landscape-regions.html

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Last Updated April 9, 2019