Philippines Construction Equipment Rental Market Assessment & Forecasts 2024-2029: Flood Mitigation and Adaptation Projects, Infrastructure Flagship Projects Fueling Demand - ResearchAndMarkets.com
The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.
- The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.
- Caterpillar, Komatsu, Volvo CE, Hitachi Construction Machinery, XCMG, and SANY are leaders in the Philippines construction equipment rental market.
- JCB, Kubota, Kobelco, Zoom Lion, and Sumitomo Construction Machinery are emerging in the Philippines construction equipment rental market.
- This effort targets improving national and communal irrigation systems to boost farmer productivity and profitability while driving demand for earthmoving machinery rentals in government-led projects in the Philippines construction equipment rental market.