Globe Newswire
Dublin, March 02, 2021 (GLOBE NEWSWIRE) -- The "UAE Construction Equipment Rental Market, By Equipment Type (Crane, Diesel Generator, Excavator, Wheel Loader, Bulldozer, Motor Grader, Telescopic Handler, Forklifts, Trucks, Manlifts, Others), Competition Forecast & Opportunities, 2015-2026" report has been added to ResearchAndMarkets.com's offering. The UAE Construction Equipment Rental Market was valued USD 17.06 Million in 2019 and is forecast to grow at CAGR of over 6% during the next five years. The oil and gas companies are taking various initiatives towards sustainable growth and to support the country's economy. For instance, in February 2020, Dubai and Abu Dhabi announced to jointly develop a gas reservoir Jebel Ali Project, aimed to bring ADNOC and Dubai Supply Authority together. These infrastructural developments are making the UAE oil and gas industry more attractive for the foreign investors. For instance, in 2019, Eni, an Italian oil & gas company and OMV, an Australian oil & gas company, are investing USD 5.8 billion in ADNOC's refinery unit for 35% share. Moreover, the government of UAE is focusing on developing sour gas resources to fulfill the increasing domestic demand. These developments are driving the infrastructural development in the UAE, hence, driving demand for construction equipment in oil and gas projects.The UAE Construction Equipment Rental Market can be segregate based on equipment type, company, and region. To avoid maintenance cost and include a major portion of capital into purchasing new equipment for construction, companies involved in construction and infrastructure sector prefer to rent equipment for construction purposes. Based on the equipment type, market can be segregated into crane, diesel generator, excavator, wheel loader, bulldozer, motor grader, telescopic handler, forklifts, trucks, manlifts, and others. Out of these, wheel loader accounted for the dominant share in 2019 and the trend is likely to continue until 2025. Key Target Audience: Construction equipment manufacturers, distributors, rental companies and other stakeholdersMajor end-users of construction equipmentGovernment and financial institutionsTechnology investors and research institutesAssociations, organizations, forums and alliances related to construction equipment rental marketMarket research and consulting firms Years considered for this report: Historical Years: 2015- 2019Base Year: 2019Estimated Year: 2020Forecast Period: 2021 - 2025 Key Topics Covered: 1. Product Overview2. Research Methodology3. Analyst View4. Voice of Customer4.1. Factors Influencing Renting Decision4.2. Brand Recall4.3. Challenges/Unmet Needs4.4. Rental Company Switching Attributes4.5. Rental Company Satisfaction Level5. UAE Construction Equipment Rental Market Outlook5.1. Market Size & Forecast5.1.1. By Value5.2. Market Share & Forecast5.2.1. By Equipment Type (Crane, Diesel Generator, Excavator, Wheel Loader, Bulldozer, Motor Grader, Telescopic Handler, Forklifts, Trucks, Manlifts, Others)5.2.2. By Company5.2.3. By Region5.3. Product Market Map6. UAE Crane Rental Market Outlook in Oil and Gas Industry6.1. Market Size & Forecast6.1.1. By Value6.2. Market Share & Forecast6.2.1. By Operating Weight (100-200 Ton, More than 200 Ton, Less than 100 Ton)6.2.2. By Company6.3. UAE Crane Rental Tariff7. UAE Diesel Generator Rental Market Outlook in Oil and Gas Industry7.1. Market Size & Forecast7.1.1. By Value7.2. Market Share & Forecast7.2.1. By Power (250-750 KVA, Less than 250KVA, More than 750 KVA)7.2.2. By Company7.3. UAE Diesel Generator Rental Tariff8. UAE Excavator Rental Market Outlook in Oil and Gas Industry8.1. Market Size & Forecast8.1.1. By Value8.2. Market Share & Forecast8.2.1. By Operating Weight (Less than 10 Ton, 10-30 Ton, More than 30 Ton)8.2.2. By Company8.3. UAE Excavator Rental Tariff9. UAE Wheel Loader Rental Market Outlook in Oil and Gas Industry9.1. Market Size & Forecast9.1.1. By Value9.2. Market Share & Forecast9.2.1. By Operating Weight (Less than 30 Ton, 30-60 Ton, More than 60 Ton)9.2.2. By Company9.3. UAE Wheel Loader Rental Tariff10. UAE Bulldozer Rental Market Outlook in Oil and Gas Industry10.1. Market Size & Forecast10.1.1. By Value10.2. Market Share & Forecast10.2.1. By Operating Weight (10-30 Ton, Less than 10 Ton, More than 30 Ton)10.2.2. By Company10.3. UAE Bulldozer Rental Tariff11. UAE Motor Grader Rental Market Outlook in Oil and Gas Industry11.1. Market Size & Forecast11.1.1. By Value11.2. Market Share & Forecast11.2.1. By Blade Width (Up to 5m Blade Width, More than 5m Blade Width)11.2.2. By Company11.3. UAE Motor Grader Rental Tariff12. UAE Telescopic Handler Rental Market Outlook in Oil and Gas Industry12.1. Market Size & Forecast12.1.1. By Value12.2. Market Share & Forecast12.2.1. By Operating Weight (Less than 5 ton, 5 ton-10 ton, More than 10 ton)12.2.2. By Company12.3. UAE Telescopic Handler Rental Tariff13. UAE Forklifts Rental Market Outlook in Oil and Gas Industry13.1. Market Size & Forecast13.1.1. By Value13.2. Market Share & Forecast13.2.1. By Tonnage Capacity (Less than 5-ton, 5 ton-10ton, 11 ton-36 ton, More than 36 ton)13.2.2. By Company13.3. UAE Forklifts Rental Tariff14. UAE Trucks Rental Market Outlook in Oil and Gas Industry14.1. Market Size & Forecast14.1.1. By Value14.2. Market Share & Forecast14.2.1. By Tonnage Capacity (3.5 ton-7.5ton, 7.5 ton-16ton, 16 ton-30 ton, More than 30 ton)14.2.2. By Company14.3. UAE Trucks Rental Tariff15. UAE Manlifts Rental Market Outlook in Oil and Gas Industry15.1. Market Size & Forecast15.1.1. By Value15.2. Market Share & Forecast15.2.1. By Type (Below 2 Ton,2-3 Ton, Above 3 Ton)15.2.2. By Company15.3. UAE Manlifts Rental Tariff16. Procurement Practices in Oil and Gas Industry16.1. Typical Engagement Model Between Customers and Supplier16.2. Typical Pricing Mechanism and Tenure17. Supply Chain Analysis18. Market Dynamics18.1. Drivers18.2. Challenges19. Market Trends & Developments20. Policy & Regulatory Landscape21. UAE Economic Profile22. Competitive Landscape22.1. Al Mutawa Heavy Equipment Trading LLC22.2. Mohamed Abdulrahman Al-Bahar LLC22.3. Johnson Arabia LLC22.4. Yellow Cat Heavy Equipment & Machinery Rental22.5. Byrne Equipment Rental22.6. Al Shola Rental Solutions22.7. Tanzeem Heavy Equipment Rental LLC22.8. Gallagher International22.9. Al Ghayoum Contracting & General Transport Establishment22.10. Al Faris International Heavy Equipment Rental22.11. AG Facilities Solutions for Contracting and General Maintenance LLC22.12. Obaid Knesih & Sons Transport22.13. Sari Oil Field Services Supplies & General Transport Company22.14. AL Jaber Leasing ServicesFor more information about this report visit https://www.researchandmarkets.com/r/iv18lh CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900