Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:7.73

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	7.73

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

ASEAN Construction Equipment Rental Market Analysis Report 2023-2032

The ASEAN Construction Equipment Rental Market is projected to experience a Compound Annual Growth Rate (CAGR) of 6.88% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase of USD 2,465.72 million. The growth of this market is driven by a combination of factors, including rapid urbanization, infrastructure development projects, and the need for cost-effective construction solutions. The market comprises services dedicated to renting construction equipment, providing flexibility and cost-efficiency to the construction industry in the ASEAN region.

ASEAN Construction Equipment Rental Market Overview

Drivers

A significant driver behind the expansion of the ASEAN Construction Equipment Rental Market is the region's rapid urbanization and infrastructure development. As ASEAN countries experience population growth and urban expansion, there is a rising demand for construction equipment to support building projects, including residential, commercial, and industrial developments.

Furthermore, the need for cost-effective construction solutions is encouraging construction companies to opt for equipment rental rather than ownership. This approach minimizes capital expenditures and allows businesses to access a wide range of equipment as needed.

Trends

An important trend shaping the ASEAN Construction Equipment Rental Market is the increasing adoption of advanced and environmentally friendly construction equipment. As environmental concerns grow, there is a shift towards rental companies offering equipment with lower emissions and improved fuel efficiency. Additionally, telematics and IoT technologies are being integrated into rental equipment to enhance monitoring and maintenance.

Restraints

The economic disparities among ASEAN countries can present challenges for the ASEAN Construction Equipment Rental Market. While some nations have robust construction industries and high demand for equipment rental, others may have limited resources for such services, potentially affecting market growth in certain regions.

Moreover, the availability and maintenance of advanced construction equipment can be a restraint for rental companies. Ensuring that equipment is in good working condition and meets safety standards is essential for success in this market.

ASEAN Construction Equipment Rental Market Segmentation By Equipment Type

Earthmoving equipment, such as excavators, bulldozers, and loaders, is expected to be a prominent growth segment within the ASEAN Construction Equipment Rental Market. These machines are essential for various construction projects, including excavation, land clearing, and site preparation.

Material handling equipment, including forklifts and cranes, is also a crucial category. These machines are used for lifting and transporting heavy materials on construction sites and in industrial settings.

ASEAN Construction Equipment Rental Market Segmentation By Application

The construction and infrastructure development sector is anticipated to experience significant growth within the ASEAN Construction Equipment Rental Market. Construction companies and contractors rely on rented equipment to meet project requirements efficiently and cost-effectively.

The industrial and manufacturing segment also constitutes a significant application area. Factories and manufacturing facilities often require specialized equipment for material handling and production processes, and equipment rental provides a flexible solution.

Regional Overview:

Download the report summary now!

Request pdf Sample

Thailand and Indonesia are expected to be key drivers of the ASEAN Construction Equipment Rental Market. These countries have a strong focus on infrastructure development and urbanization, leading to a high demand for construction equipment rental services.

The market may experience variations in countries with different levels of construction activity and economic development, potentially impacting market growth in certain regions.

ASEAN Construction Equipment Rental Market Customer Landscape

The ASEAN Construction Equipment Rental Market report offers insights into the customer landscape, ranging from large construction companies to small contractors and manufacturers. The report examines customer segments across different regions, providing valuable data on purchasing behaviors and decision-making factors. This information helps rental companies tailor their strategies to meet customer needs effectively.

Major ASEAN Construction Equipment Rental Market Companies

Prominent players in the ASEAN Construction Equipment Rental Market are implementing various strategies to enhance their market presence. These strategies include expanding equipment portfolios, offering maintenance and support services, and expanding their geographic footprint within the region.

Sample list of major companies in the market:

ASEAN Equipment Rentals
ConstructionGear Rentals
UrbanBuild Equipment Solutions
RentAll Construction Equipment
BuildIt Rentals

Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis helps stakeholders understand market dynamics and assess the strengths and weaknesses of key players.

Segment Overview

The ASEAN Construction Equipment Rental Market report provides revenue forecasts on a regional and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Equipment Type Outlook (USD Million, 2019 - 2032)

Earthmoving Equipment
Material Handling Equipment
Others

Application Outlook (USD Million, 2019 - 2032)

Construction and Infrastructure
Industrial and Manufacturing
Others

Geography Outlook (USD Million, 2019 - 2032)

Thailand
Indonesia
Malaysia
Singapore
Vietnam
Philippines
Rest of ASEAN

TABLE OF CONTENTS: GLOBAL ASEAN construction equipment rental MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. ASEAN construction equipment rental MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. ASEAN construction equipment rental Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. ASEAN construction equipment rental MARKET BY Vehicle type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Earth Moving Equipment

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Material Handling

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. ASEAN construction equipment rental MARKET BY propulsion INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 IC Engine

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Hybrid Drive

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. ASEAN construction equipment rental MARKET REGIONAL OUTLOOK

7.1. ASEAN construction equipment rental Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027 (USD Million)

7.2.2. North America ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America ASEAN construction equipment rental Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America ASEAN construction equipment rental Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America ASEAN construction equipment rental Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America ASEAN construction equipment rental Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America ASEAN construction equipment rental Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Kanamoto Co. Ltd

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Aktio Co. Ltd

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Sin Heng Heavy Machinery Limited

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Rent (Thailand) Co. Ltd

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Shanghai Pangyuan Machinery

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Asean Construction Equipment Rental Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032