DUBLIN--(BUSINESS WIRE)--The "UAE Construction Equipment Rental Market (2018-2024): Market Forecast by Types of Equipment, by Applications, by Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
The UAE Construction Equipment Rental Market is Projected to Grow at a CAGR of 3.3% During 2018-24
UAE construction equipment rental market registered substantial growth as a result of increasing construction activities as well as strengthening commercial, hospitality and residential sectors. Construction sector growth is attributed to increased infrastructure spending for World Expo 2020. Further, to avoid the cost of purchasing new equipment and to evade maintenance expenses, construction companies in UAE are opting for renting the equipment.
Purchasing 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.
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.
Companies Mentioned
- Al Faris Equipment Rentals LLC
- Al Jaber Leasing Service LLC
- Al Mutawa Heavy Equipment Trading LLC
- Al Shola Rental Solutions
- Byrne Equipment Rental
- House of Equipment
- Johnson Arabia
- Manlift Group
- Mohamed Abdulrahman Al-Bahar
- Quality Equipment Rental LLC
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Global Construction Equipment Rental Market Overview
4. UAE Construction Equipment Rental Market Overview
5. UAE Construction Equipment Rental Market Dynamics
6. UAE Construction Equipment Rental Market Trends
7. UAE Cranes Rental Market Overview
8. UAE Bulldozer Rental Market Overview
9. UAE Earth Moving Equipment Rental Market Overview
10. UAE Material Handling Equipment Rental Market Overview
11. UAE Dump Truck Rental Market Overview
12. UAE Aerial Work Platform Rental Market Overview
13. UAE Construction Equipment Rental Market Overview, By Applications
14. UAE Construction Equipment Rental Market Overview, By Regions
15. UAE Construction Equipment Rental Tariffs
16. UAE Construction Equipment Rental Market - Key Performance Indicators
17. UAE Construction Equipment Rental Market - Opportunity Assessment
18. Competitive Landscape
19. Company Profiles
20. Strategic Recommendations
21. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/dmb7dx/uae_construction?w=4
