LONDON, Feb. 21, 2017 /PRNewswire/ -- g infrastructure
development, upcoming mega sports events and anticipated
stabilization of crude oil prices are expected to drive
Qatar construction equipment
rental market during 2017 - 2022. Construction equipment are widely
used for digging, lifting, extraction, aerial access provision,
etc., at construction sites. However, the growing preference for
equipment rentals rather than purchases, increasing infrastructure
spending and easy availability of construction equipment on rent
are the major factors propelling the construction equipment rental
market in Qatar. According to the
Qatar National Vision 2030, the country's urban infrastructural
development is one of the major focus areas of the government.
Various road projects under Expressway Programme Project, such as
construction of Lusail Expressway, New Orbital Highway & Truck
Route, Lijmiliya - Leatooriya - Al Sheehaniya Road., etc., have
been taken over in the last few years. Moreover, the government is
also planning to develop deep water sea port, new international
airport, new cities, schools, hospitals, and electric substations
in the country during the forecast period. All these projects are
expected to significantly boost demand for rental construction
equipment in the country through 2022.
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According to TechSci Research report "Qatar Construction Equipment
Rental Market By Equipment Type, Competition Forecast &
Opportunities, 2016 – 2022", the market for rental construction
equipment in Qatar is projected to
cross $1.9 billion by 2022, on
account of growth in construction and industrial sectors of the
country boosted by increase in the expatriate population and
upcoming sports events. Qatar
construction equipment rental market on the basis of equipment type
has been segmented into seven categories, namely, cranes, diesel
generators, excavators, wheel loaders, motor graders, telescopic
handlers and bull dozers. Among these categories, cranes dominated
the market in 2016 and the segment is anticipated to maintain its
dominance over the next five years as well. Some of the renowned
companies operating in Qatar
construction equipment rental market includes Mohamed Abdulrahman Al-Bahar, Nasser Bin Khaled
& Sons, Aggreko Qatar, Mediterranean Equipment and Contracting
Co. "Qatar Construction Equipment Rental Market By Equipment Type,
Competition Forecast & Opportunities, 2016 – 2022" discusses
the following aspects of Qatar
construction equipment rental market:
- Qatar Construction Equipment Rental Market Size, Share &
Forecast
- Segmental Analysis – By Equipment Type (Diesel Generators,
Cranes, Wheel Loaders, Excavators, Bulldozers, Motor Graders, and
Telescopic Handlers), By Capacity (Diesel Generators- By Power;
Motor Grader- By Blade Width; Cranes, Wheel Loaders, Excavators,
Bulldozers and Telescopic Handlers- By Operating Weight)
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of Qatar Construction Equipment
Rental Market
- To identify the on-going trends and anticipated growth in the
next five years
- To help industry consultants, construction equipment rental
companies and other stakeholders align their market-centric
strategies
- To obtain research based business decisions and add weight to
presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra
charges and get the research data or trends added in the report as
per the buyer's specific needs
Report Methodology
The information contained in this report is based upon both primary
and secondary research. Primary research included interviews with
construction equipment rental companies and industry experts.
Secondary research included an exhaustive search of relevant
publications, such as company annual reports, financial reports and
proprietary databases.
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