Germany construction equipment rental market to exhibit a substantial growth rate over 2016-2024, high demand from the residential sector to spur the regional demand POSTED ON MAY 12, 2017

With the rising number of construction activities and the subsequent requirement for heavy machinery, construction equipment rental market is set to grow at a remarkable pace. Rental facilities help end-use sectors operate new and advanced machinery at an affordable price. In addition, the changing trends of the construction and industrial sectors regarding technologically advanced machinery will provide business opportunities to leading companies, thereby boosting construction equipment rental market.The globe is also witnessing a steady rise in the number of infrastructure renovation activities in various civil sectors, which will augment construction equipment rental industry considerably. According to Global Market Insights, Inc., “Worldwide Construction Equipment Rental Market collected a revenue of USD 34 billion in 2015 and will record an annual growth rate of 9.1% over the coming years of 2016 to 2024.” To know more go to https://gminsights.wordpress.com/category/hvac-and-construction/

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