The third-largest economy in the Americas is Brazil, which has a diversified economy with intermediate income levels and is still developing. Brazil will have the 12th largest GDP and the 8th largest purchasing power parity in 2022, according to the Inter…
South Korea's economy has grown to be the world's eleventh-largest and the fifth-largest exporter of products and services. Being leaders in the field, several industries are engaged in offering their clients rental services for high-end earthmoving equip…
The market for construction equipment in Australia is robust. In Australia, the market for equipment rentals is growing as a result of the development of the construction industry. As contractors and dealers choose to rent instead of buy to reduce the siz…
India is the world's fastest-growing economy, and it is predicted to become the third-largest construction market by 2024. The infrastructure sector is a major economic driver in India. The sector is vital to India's overall growth, and the government pla…
Depending on the scope and method of the project, many types and sizes of construction equipment for rent are used. Since general contractors often own construction equipment systems, in Japan Sumitomo Corporation's construction equipment business first s…
Over the past few decades, China's economy has expanded to become one of the biggest and most powerful in the world. China's GDP, measured in terms of purchasing power parity (PPP) equivalent, is currently the greatest due to industrial production and exp…
Russian government's long-term plan for the home construction industry as well as investments in infrastructure projects is important factors supporting the country's economic revival. The heightened economic instability caused by invasion in Ukraine and …
Spain has a positive business environment, ranking 30th in the 2021 ease of doing business index. The country boasts an efficient administrative structure and appealing foreign policies. Government measures to relax foreign investment regulations in the b…
In Italy, the market is particularly dynamic, with a 54% increase in construction investment in the second quarter of 2020 compared to the same period last year. The work is also taking longer, ranging from 7 to 12 months on average and up to 20 months fo…
New investors praised this one-of-a-kind value proposition in a construction equipment rental business that is booming but remains mostly non-digitized and is valued at more than 5 billion euros in France and 30 billion euros in Europe (and more than 70 b…
The United Kingdom dominates the construction rental market in Europe. In terms of production units, the UK was the largest producer of construction equipment in Europe in 2018 and the fifth largest in the world, trailing only China, Japan, the United Sta…
According to ERA (Europe Rental Association) research, Germany is the second-largest construction equipment rental industry behind the United Kingdom. Renting compact equipment like mini excavators lifts, and telehandlers is becoming more popular in the G…
The Mexican economy is developing in a mixed manner, the Mexican market for construction equipment is strong, and the market for renting out equipment is growing in Mexico as a result of the growth of the construction industry. As contractors and dealers …
Canada has a highly developed mixed market economy. Along with a big real estate market, the nation also boasts a sizable banking sector with numerous banks and other financial organizations. Operators in the Canadian Heavy Equipment Rental sector rent or…
The US construction equipment market is high, Due to the rise of the construction sector, the market for equipment rentals in the United States is expanding. The number of people using rental services is significantly increasing as contractors and dealers…
During the forecast period, the South African power tools market is expected to grow. Cordless power tools are expected to be a major driver of the South African power tools market. The expansion of infrastructure projects in South Africa is one of the ma…
The power tools market in Saudi Arabia is expected to expand during the forecast period. The expansion of cordless power tools is expected to be a major driver of the Saudi Arabia power tools market. One of the major factors expected to boost market growt…
Increasing construction projects, increased vehicle sales, and growing urbanisation boosted the UAE power tools market's overall growth. International events, particularly World Expo 2020 in Dubai, as well as UAE government development plans such as UAE V…
Power tool demand in Colombia is being driven by a growing construction industry as well as a growing DIY market. The growing popularity of home renovation and improvement projects is also fueling the growth of Colombia's power tool market. However, fluct…
Rising construction and infrastructure development activities in the country are influencing power tool demand. Demand is expected to be driven by end-use industries such as automotive, construction, and aerospace. However, raw material price fluctuations…