UAE Construction Equipment Rental Market Report 2021: Focus on Crane, Diesel Generator, Excavator, Wheel Loader, Bulldozer, Motor Grader, Telescopic Handler, Forklifts, Trucks, Manlifts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “UAE Construction Equipment Rental Market, By Equipment Type (Crane, Diesel Generator, Excavator, Wheel Loader, Bulldozer, Motor Grader, Telescopic Handler, Forklifts, Trucks, Manlifts, Others), Competition Forecast & Opportunities, 2015-2026” report has been added to ResearchAndMarkets.com’s offering.
The UAE Construction Equipment Rental Market was valued USD 17.06 Million in 2019 and is forecast to grow at CAGR of over 6% during the next five years.
The oil and gas companies are taking various initiatives towards sustainable growth and to support the country’s economy. For instance, in February 2020, Dubai and Abu Dhabi announced to jointly develop a gas reservoir Jebel Ali Project, aimed to bring ADNOC and Dubai Supply Authority together. These infrastructural developments are making the UAE oil and gas industry more attractive for the foreign investors.
For instance, in 2019, Eni, an Italian oil & gas company and OMV, an Australian oil & gas company, are investing USD 5.8 billion in ADNOC’s refinery unit for 35% share. Moreover, the government of UAE is focusing on developing sour gas resources to fulfill the increasing domestic demand. These developments are driving the infrastructural development in the UAE, hence, driving demand for construction equipment in oil and gas projects.
The UAE Construction Equipment Rental Market can be segregate based on equipment type, company, and region. To avoid maintenance cost and include a major portion of capital into purchasing new equipment for construction, companies involved in construction and infrastructure sector prefer to rent equipment for construction purposes.
Based on the equipment type, market can be segregated into crane, diesel generator, excavator, wheel loader, bulldozer, motor grader, telescopic handler, forklifts, trucks, manlifts, and others. Out of these, wheel loader accounted for the dominant share in 2019 and the trend is likely to continue until 2025.
Key Target Audience:
- Construction equipment manufacturers, distributors, rental companies and other stakeholders
- Major end-users of construction equipment
- Government and financial institutions
- Technology investors and research institutes
- Associations, organizations, forums and alliances related to construction equipment rental market
- Market research and consulting firms
Years considered for this report:
- Historical Years: 2015- 2019
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021 – 2025
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
4.1. Factors Influencing Renting Decision
4.2. Brand Recall
4.3. Challenges/Unmet Needs
4.4. Rental Company Switching Attributes
4.5. Rental Company Satisfaction Level
5. UAE Construction Equipment Rental Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Equipment Type (Crane, Diesel Generator, Excavator, Wheel Loader, Bulldozer, Motor Grader, Telescopic Handler, Forklifts, Trucks, Manlifts, Others)
5.2.2. By Company
5.2.3. By Region
5.3. Product Market Map
6. UAE Crane Rental Market Outlook in Oil and Gas Industry
7. UAE Diesel Generator Rental Market Outlook in Oil and Gas Industry
8. UAE Excavator Rental Market Outlook in Oil and Gas Industry
9. UAE Wheel Loader Rental Market Outlook in Oil and Gas Industry
10. UAE Bulldozer Rental Market Outlook in Oil and Gas Industry
11. UAE Motor Grader Rental Market Outlook in Oil and Gas Industry
12. UAE Telescopic Handler Rental Market Outlook in Oil and Gas Industry
13. UAE Forklifts Rental Market Outlook in Oil and Gas Industry
14. UAE Trucks Rental Market Outlook in Oil and Gas Industry
15. UAE Manlifts Rental Market Outlook in Oil and Gas Industry
16. Procurement Practices in Oil and Gas Industry
16.1. Typical Engagement Model Between Customers and Supplier
16.2. Typical Pricing Mechanism and Tenure
17. Supply Chain Analysis
18. Market Dynamics
18.1. Drivers
18.2. Challenges
19. Market Trends & Developments
20. Policy & Regulatory Landscape
21. UAE Economic Profile
22. Competitive Landscape
22.1. Al Mutawa Heavy Equipment Trading LLC
22.2. Mohamed Abdulrahman Al-Bahar LLC
22.3. Johnson Arabia LLC
22.4. Yellow Cat Heavy Equipment & Machinery Rental
22.5. Byrne Equipment Rental
22.6. Al Shola Rental Solutions
22.7. Tanzeem Heavy Equipment Rental LLC
22.8. Gallagher International
22.9. Al Ghayoum Contracting & General Transport Establishment
22.10. Al Faris International Heavy Equipment Rental
22.11. AG Facilities Solutions for Contracting and General Maintenance LLC
22.12. Obaid Knesih & Sons Transport
22.13. Sari Oil Field Services Supplies & General Transport Company
22.14. AL Jaber Leasing Services
For more information about this report visit https://www.researchandmarkets.com/r/y8ao8y
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