Global Construction Equipment Rental Market size crossed USD 100 billion in 2017 and will grow at a CAGR of over 4% from 2018 to 2024 when Europe construction equipment rental industry is expected to grow at more than 4.5% CAGR owing to the shifting trend among European construction companies to rent rather than purchasing equipment.
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The global construction equipment rental market size was valued at USD 159.35 billion in 2016. Growth can be attributed to surge in construction and mining activities, particularly in developing countries.
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