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Equipment used in major industries such as manufacturing and construction for the effective handling of materials is called material handling equipment. Such equipment is used to transport, handle, and store materials effectively. Sometimes, industries prefer to rent such equipment. Full-service long-term rental services provide equipment on rent for a minimum period of 12 months.
Scope of the Report:
This report studies the Full Service Long Term Material Handling Equipment Rental market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Full Service Long Term Material Handling Equipment Rental market by product type and applications/end industries.
The forklifts and telehandlers product segment accounted for the major share of full service long-term material handling equipment rental market in Europe. Our market research experts have predicted that this segment will continue to dominate the market throughout the forecast period.
Based on the demand for material handling equipment from various end-users, our analysts have predicted that the industrial sectos will be the major end-user to the full service long-term material handling equipment rental market in Europe during the next few years.
The global Full Service Long Term Material Handling Equipment Rental market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Full Service Long Term Material Handling Equipment Rental.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Caterpillar
- Cramo
- Jungheinrich
- Loxam
- Ramirent
- Sarens
- Toyota Industries
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Forklifts and Telehandlers
- Cranes
- Hoists
- Other
Market Segment by Applications, can be divided into
- Industrial
- Construction
- Agriculture
- Other