Full Service Long-term Material Handling Equipment Rental Market In Europe 2024-2028
The full service long-term material handling equipment rental market in Europe is forecasted to grow by USD 4833.66 mn during 2023-2028, accelerating at a CAGR of 25.24% during the forecast period. The report on the full service long-term material handling equipment rental market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high initial investment and maintenance costs, growing demand for improved operational efficiency, and a thriving logistics market in Europe.
Technavio's full service long-term material handling equipment rental market in Europe is segmented as below:
By End-user
- Construction
- Industrial
- Agriculture
By Type
- Cranes and lifting equipment
- Industrial trucks
- Continuous handling equipment
- Racking and storage equipment
This study identifies the increasing focus on AGVs as one of the prime reasons driving the full-service long-term material handling equipment rental market in Europe growth during the next few years. Also, the adoption of telematics in construction and technological development in material handling equipment will lead to sizable demand in the market.
The report on the full service long-term material handling equipment rental market in Europe covers the following areas:
- Full service long-term material handling equipment rental market in Europe sizing
- Full service long-term material handling equipment rental market in Europe forecast
- Full service long-term material handling equipment rental market in Europe industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading full service long-term material handling equipment rental market in Europe vendors that include Boels, Caterpillar Inc., Cramo Oy, Dawsongroup plc, Herc Holdings Inc., HSS ProService Ltd., Jungheinrich Group, KION GROUP AG, KYNNINGSRUD GROUP, Liebherr International Deutschland GmbH, Loxam, MasterMover, MEDIACO LEVAGE, MHEGURU, Peab AB, Sarens NV, Scale DC S.r.l., Toyota Motor Corp., UnikTruck AS, and Veni and Co Ltd.. Also, the full service long-term material handling equipment rental market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.