Enjoy complimentary customisation on priority with our Enterprise License!
Below are some of the key findings from the short-term material handling equipment market analysis
Want a bigger picture? Get a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report
Technavio’s analysts have identified the high initial investment and maintenance cost of industrial trucks to be one of the key reasons for the growing demand of short-term rental services of material handling equipment. As a result, many end-users are reluctant to use forklift trucks. Furthermore, the need for skilled personnel to operate, repair, and maintain forklifts increased the cost of maintenance and operation. Owing to the high initial investment and maintenance cost associated with material handling equipment, more and more end-user industries are opting for rental equipment, in turn, contributing to the growth of short-term material handling equipment rental market demand during the predicted period.
There is no high initial investment and the maintenance costs for rental material handling equipment are quite minimal in comparison to owning the equipment. As a result, the high initial investment required to procure a material handling equipment and the high maintenance cost of such equipment is further driving the growth of the global short-term material handling equipment rental market.
The short-term material handling equipment rental market is moderately fragmented owing to the presence of several established and regional vendors focusing on adopting various advanced technologies to offer superior products. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this short-term material handling equipment rental industry analysis report will aid clients to identify new growth avenues and design innovative strategies to strengthen the customer base and geographic presence.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in APAC will contribute to the largest growth of this market throughout the predicted period. Owing to the growing construction and automotive industries in the emerging economies including India and China, the region is likely to continue to contribute significantly to the growing demand for short-term material handling equipment rental market in the forthcoming years.
Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your FREE 14-day trial
According to our market research experts, the forklifts and telehandlers segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the short-term material handling equipment rental market size.
Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.