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New Report - Construction Equipment Rental Market Study To 2022: Grand View Research, Inc. Business Articles | April 6 Cheap Jerseys Online , 2016
Grand View has announced the addition of "Construction Equipment Rental Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.
The global?construction equipment rental market?was valued at USD 34.24 billion in 2014 and is anticipated to reach USD 84.60 billion by 2022. Increasing construction activities across the globe and rising government investment in emerging economies are projected to drive market demand in the coming years.?
The abundance of modern and productive equipment in rental fleets along with ongoing infrastructure development is expected to fuel demand. Rented construction equipment has several benefits such as ease of replacement, cost effective approach, less technical charges Cheap Jerseys Free Shipping , lower maintenance cost, reduced transportation and less servicing requirement. These factors have been continuously driving the demand in the coming years.?
The material handling rental machinery segment is anticipated to grow at a CAGR of 13.0% from 2015 to 2022 on account of increasing focus on automated production facility. Increasing requirement of automated production processes for optimal use of raw material, energy and resource consumption are expected to result in the higher adoption of the product over the forecast period.?