0

Global Construction Equipment Finance Market 2016-2020

  • Published: May 2016
  • Pages: 54
  • SKU: IRTNTR9167
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report segments the global construction equipment by geography (the Americas, APAC, EMEA). The key leading vendors in this market are American Capital Group, Crest Capital, Fundera, GE, and JP Morgan Chase.

Overview of the global construction equipment finance market

Technavio’s market research analyst predicts that the construction equipment finance market will grow at a steady rate of close to 10% by 2020. Due to a rise in construction projects around the globe, the need for construction equipment will be on the rise. Since many construction companies have to choose between buying or leasing equipment or putting their funds into projects, lending companies offer them options to lease equipment. As renting helps construction companies to save in taxation and also allows them to pledge the equipment as collateral, it is increasingly being preferred over buying a new equipment as operators are exempt from depreciation charges.

Due to the availability of equipment financing, construction companies are able to find cost-effective loans. Online financing is another option available to customers and helps them use available working capital efficiently.  Most companies find that signing long-term rental contracts very advantageous as they can lease only the needed equipment. As for guarantees on loans, borrowers can negotiate terms and decide on signing covenants or asset liens.  Since renting equipment helps to save on taxes and depreciation charges, construction companies from across the globe prefer to rent equipment.

Geographical segmentation and analysis of the construction equipment finance market

  • Americas
  • APAC
  • EMEA

The APAC region has the biggest market share in the construction equipment finance market and is expected to generate close to USD 118 billion by the end of the forecast period. The demand for infrastructure projects as well as equipment is rising in countries like India and China due to factors like growing populations and higher GDP. In this region, the enormous demand for rental equipment will boost the market demand for financing companies over the next few years.

Competitive landscape and key vendors

The scenario in the construction equipment financing market is quite complicated as many construction companies have money tied up with debtors in inventory and receivables.  Cash flow management plays a very crucial role, and companies are looking for ways to increase cash flow.  In this market, the lenders and borrowers work together to find viable solutions, which in turn will help to spur the prospects for market growth.

Key vendors in this market are -

  • American Capital Group
  • Crest Capital
  • Fundera
  • GE
  • JP Morgan Chase

Other prominent vendors in this market are Marlin Leasing Corporation, TD Bank, Tetra Corporate Services, US Bank, and Wells Fargo.

Growth drivers, challenges, and upcoming trends: Construction equipment rentals

A significant trend that is influencing growth in this market is the rising preference and need for equipment rentals. Since there is such a big need for construction equipment, finance companies are providing a number of solutions to builders so that they can rent the equipment they need. Builders have observed that equipment rentals are a much better option as they can use the equipment they need without incurring major capital expenditure. Much of the equipment is available at competitive prices, leading to an expansion of the rental business. Consequently, we can expect the demand for construction equipment rentals and financing to rise during the forecast period. 

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the construction equipment finance market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the construction equipment finance market?
  • What are the key market trends impacting the growth of the global construction equipment finance market?
  • What are the challenges to market growth for construction equipment finance?
  • Who are the key vendors in the global construction equipment finance market?
  • What are the market opportunities and threats faced by the vendors in the global construction equipment finance market?
  • Trending factors influencing the market shares of the global construction equipment finance market in the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global construction equipment finance market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings
  • Other prominent vendors

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Description of construction equipment financing
  • Advantages of equipment finance
  • Disadvantages of equipment finance
  • Types of equipment financing
  • Global outlook of construction equipment finance market

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Geographical segmentation

  • Geographical segmentation
  • APAC
  • Americas
  • EMEA

PART 07: Market drivers

  • Different finance mechanisms favoring online financing
  • Rise in use of rental equipment
  • Increased urbanization

PART 08: Impact of drivers

PART 09: Market challenges

  • Lack of trained personnel
  • Fluctuations in the market
  • Costlier bank lending
  • Less-developed equipment financing market in developing countries
  • Collection issues for MSMEs in developing countries

PART 10: Impact of drivers and challenges

PART 11: Market trends

  • Huge demand for construction equipment
  • Equipment renewal and supplier credit policy in developed countries
  • Movement of assets through asset-based lending
  • Financial solutions to increase in scope of infrastructure projects

PART 12: Vendor landscape

  • Competitive landscape
  • Business overview

PART 13: Appendix

  • List of abbreviations

PART 14: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>