kyle rock

3 months ago ·

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Construction Equipment Rental Market Industry Trend, Share, Sales Revenue, Growth Rate and Forecast to 2027

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The construction equipment rental market is projected to reach value of USD 135.7 Billion by 2027, according to a current analysis by Emergen Research.  The growth of this market is attributable to availability of numerous rental options a firm can have to fill the void during outages and give required flexible options that supports logistics and finance.

The renting of construction equipment helps capital-intensive companies to expand their business as per their requirement. This, in turn, allows these companies to serve niche markets and bag multiple specialty construction projects.

Firms reduce their cost by availing rental equipment over a long term for numerous projects. Organizations do not need to make upfront investments in various heavy equipment, while saving on depreciation and labor and maintenance costs over a long period of time.

See more about the report @https://www.emergenresearch.com/industry-report/construction-equipment-rental-market

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