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Construction Equipment Rental Market In Egypt Analysis : Market Segmentation By Equipment Type, By Services Type & by Region with Forecast 2017-2030
Egypt Construction Equipment Rental Market Outlook 2017-2030
The Egypt construction equipment rental industry undoubtedly seems to be attaining momentum with huge investment in infrastructure development projects. The value of the industry is anticipated to upsurge considerably during the forecast period. Further, huge construction projects in the country are the major growth driver for the Egypt construction equipment rental industry. Major growth is observed in sectors such as transportation construction industry, energy and power, which have large scale investments. For instance, Egypt plans to invest a total of USD 3.1 billion for the revamp of its national railway network over the next five years, which will comprise the addition of 1,000 new train cars. With such high massive capital investments construction companies prefer to rent equipment so as to reduce their project costs. This cost effective method also eliminates the maintenance troubles as many company provides equipment’s with maintenance services or with very minimal charges. Additionally, operation, transportation servicing requirements are reduced many folds. These are the major factors that are most likely to fuel the demand for the construction equipment rental market in the coming years.
Goldstein Research analyst forecast Egypt construction equipment rental market is likely to thrive with the emergence of new technologies and new construction projects. Further, the construction equipment rental market is expected to expand at a CAGR of 8.4% through the forecast period 2017-2030 as the new market players and new construction projects in the region will boost the growth of Egypt construction equipment rental market.
Egypt Construction Equipment Rental Market Segmentation
By Equipment Type
Material Handling Machinery
Concrete & Road Construction
Based on types of equipment type, earthmoving machinery acquired the lion share of more than 61% construction equipment rental market. Further, growing construction projects in Middles East, particularly in GCC region coupled with partnership of construction companies with equipment manufacturers the market is likely to grow at significant pace over the forecast period.
By Services Type
Operation and Maintenance Services
Covered In This Egypt Construction Equipment Rental Market Report
The report covers the present ground scenario and the future growth prospects of the Construction Equipment Rental for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. Egypt Construction Equipment Rental market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.
Egypt Construction Equipment Rental Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Egypt Construction Equipment Rental market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Egypt Construction Equipment Rental Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Key Market Players
Our Egypt Construction Equipment Rental Market Report comprises of the following companies as the key players:
Byrne Equipment Rental Solutions
H&E Equipment Services
Nishio Rent All
Hitachi Construction Machinery Japan
Kanamoto Co. Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.