Sweden was placed 10th out of 190 nations in the ease of doing business ranking in 2019, up from 12th in 2018. It has entire ICT and industrial internet sectors and is capable of collaborating effectively across industries, academia, and government, makin…
Czechia's rental market turnover gained 3.6% in 2021 after falling approximately 6.8% the previous year. The construction sector is anticipated to generate 75% of all rental revenue in the country. The rental business continues to benefit from healthy con…
Switzerland market penetration rate remains low, with ownership still preferred over usership. This preference is due in part to clients' advanced requirements, which are more easily addressed by owning equipment. Competition between foreign and local ren…
The Austrian rental market structure has remained unaltered from previous years, with ownership dominating usership, resulting in low penetration rates and sophisticated consumer demand for product and service offerings, further skewing the market toward …
The Danish rental industry is dominated by businesses with less than 50 employees, with the bulk of these businesses being small and independent. Although the market is fragmented, this does not imply that it is immature or underinvested. The combination …
Finland's economy is characterised by a high level of industrialization, a small domestic market, and openness to trade. Finland Construction rental equipment the market is increasing slowly due to the major construction projects and newly developed infra…
Belgium is the most developed country, and it ranks relatively high on the global index due to its advanced high incomes.The Belgian market is distinguished by the regional division between Flanders, where specialised companies are more focused on the non…
The construction industry and the rental market, Poland's third pillar, are perfectly integrated. The construction industry is expanding quickly across a wide range of industries, thanks to subsidiaries of the European Union and outside investments. Renti…
Norway is a modern, energy-rich country with a population of 5.4 million. It is considered one of the world's wealthiest countries. The construction rental equipment market is The amount of construction machinery and equipment rented in Nordic countries w…
In the South African construction industry, the use of rental services is prevalent. Over the last few years, there has been a steady increase in the rental model. Several organisations prefer to hire construction machinery in order to avoid the high cost…
Saudi Arabia dominates the market in Middle East & Africa region. Saudi Arabia's revenue is heavily reliant on the oil and gas industry. The government is attempting to diversify its income sources and minimise its reliance on the oil and gas industry by …
The UAE is a major global importer of oil and gas, accounting for roughly 30% of the country's gross domestic product. With a thriving oil and gas industry, the UAE's construction equipment rental market is expected to grow significantly. Elevators, conve…
Colombia's rise in the rankings is due to recent developments in its institutional growth, institutional stability, and infrastructure. Colombia's infrastructure is still in need of construction and project improvements. Compact equipment, larger capacity…
The number of people using rental services is rapidly increasing as contractors and dealers choose to rent instead of buy to reduce the size of their fleets and the complexity of their organizations, which could otherwise have an impact on operations like…
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…