United States Industry to Equipment Rental to 2024 - Growing Construction Spending Presents Opportunities - ResearchAndMarkets.com
Retrieved on:
Tuesday, June 30, 2020
Equipment Rental can help many industries to fulfill the seasonal demand for equipment.
Key Points:
- Equipment Rental can help many industries to fulfill the seasonal demand for equipment.
- The equipment rental market can be segmented on the basis of type (Party and Event Equipment, General Tools & Construction and Industrial Equipment) and industry (Oil & Gas Industry, Construction Industry, Mining Industry & Power Industry).
- The construction and Industrial Equipment Rental market can be further segmented on the basis of type (Earthmoving Machinery, Material Handling Machinery and Concrete Road Construction).
- The growth of the equipment rental market through the historic period was supported by growing construction spending, escalating oil and natural gas production, rising employment, soaring investment in equipment rental, increasing labor cost, etc.