DUBLIN – (BUSINESS WIRE) – Added “UAE Construction Equipment Rental Market, By Equipment Type (Crane, Diesel Generator, Excavator, Wheel Loader, Bulldozer, Motor Grader, Telehandler, Forklift, Truck, Lift, Others) Competitive Forecast and Opportunity, 2015-2026” report ResearchAndMarkets.com Offer.
The UAE construction equipment rental market was valued at $ 17.06 million in 2019 and is expected to grow more than 6% over the next five years.
The oil and gas companies are taking a variety of initiatives for sustainable growth and support for the country’s economy. For example, Dubai and Abu Dhabi announced in February 2020 that they would jointly develop a Jebel Ali gas storage project to bring ADNOC and Dubai Supply Authority together. These infrastructural developments make the UAE’s oil and gas industry more attractive to foreign investors.
For example, Eni, an Italian oil and gas company, and OMV, an Australian oil and gas company, are investing USD 5.8 billion in ADNOC’s refining unit in 2019 to obtain a 35% stake. In addition, the UAE government is focused on developing sour gas resources to meet increasing domestic demand. These developments are driving the infrastructure development in the UAE and with it the demand for construction machinery in oil and gas projects.
The construction machinery rental market in the UAE can be segregated by equipment type, company and region. In order to avoid maintenance costs and to include a large part of the capital in the purchase of new construction equipment, companies in the construction and infrastructure sectors prefer to rent equipment for construction purposes.
According to the type of equipment, the market can be divided into crane, diesel generator, excavator, wheel loader, bulldozer, motor grader, telehandler, forklift, truck, lifting platform and others. Wheel loaders accounted for the dominant share in 2019, and the trend is likely to continue through 2025.
Main target group:
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Construction machinery manufacturers, dealers, rental companies and other stakeholders
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Main end-users of construction machinery
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Government and financial institutions
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Technology investors and research institutes
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Associations, organizations, forums and alliances in connection with the construction machinery rental market
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Market research and consulting company
Years considered for this report:
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Historic years: 2015-2019
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Base year: 2019
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Estimated year: 2020
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Forecast period: 2021-2025
Main topics covered:
1. Product overview
2. Research methodology
3. Analyst view
4. Voice of the customer
4.1. Factors influencing the rental decision
4.2. Brand recall
4.3. Challenges / unmet needs
4.4. Change attributes of the rental company
4.5. Landlord’s degree of satisfaction
5. Market Outlook for Construction Equipment Rentals in the UAE
5.1. Market size & forecast
5.1.1. By value
5.2. Market share and forecast
5.2.1. By device type (crane, diesel generator, excavator, wheel loader, bulldozer, motor grader, telehandler, forklift truck, truck, lifting platform, others)
5.2.2. By company
5.2.3. By region
5.3. Product market card
6. Market outlook for crane rental in the UAE in the oil and gas industry
7. Market outlook for diesel generator rental in the UAE in the oil and gas industry
8. Market Outlook for Excavator Rental in the UAE in the Oil & Gas Industry
9. Market outlook for wheel loaders in the UAE in the oil and gas industry
10. Market Outlook for Bulldozer Rentals in the United Arab Emirates in the Oil & Gas Industry
11. Market outlook for motor graders in the UAE in the oil and gas industry
12. Telescopic handler market outlook in the UAE in the oil and gas industry
13. Market outlook for forklift rental in the UAE in the oil and gas industry
14. The UAE Oil & Gas Industry Truck Hire Market Outlook
15. Manlifts market outlook for UAE manlifts in the oil and gas industry
16. Procurement Practices in the Oil and Gas Industry
16.1. Typical engagement model between customers and suppliers
16.2. Typical pricing mechanism and tenure
17. Analysis of the supply chain
18. Market dynamics
18.1. driver
18.2. Challenges
19. Market trends and developments
20. Political and regulatory landscape
21. UAE Economic Profile
22. Competitive landscape
22.1. Al Mutawa Heavy Equipment Trading LLC
22.2. Mohamed Abdulrahman Al-Bahar LLC
22.3. Johnson Arabia LLC
22.4. Yellow Cat Heavy Equipment and Machinery Rentals
22.5. Byrne Equipment Rental
22.6. Al Shola rental solutions
22.7. Tanzeem Heavy Equipment Rental LLC
22.8. Gallagher International
22.9. Al Ghayoum Contracting & General Transport Establishment
10/22 Al Faris International Heavy Equipment Hire
11/22 AG Facility Solutions for Contracting and General Maintenance LLC
22.12. Obaid Knesih & Sons Transport
22.13. Sari Oil Field Services Supplies & General Transport Company
22.14. AL Jaber Leasing Services
Please visit https://www.researchandmarkets.com/r/y8ao8y for more information on this report
