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Bulldozer Rental Market Trends

Report ID: GMI6504
Published Date: Feb 2024
Report Format: PDF

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Bulldozer Rental Market Trends

The bulldozer rental industry is witnessing significant technological advancements to improve overall equipment efficiency and performance. Different technologies, such as telematics, GPS, precision technology, and electrification models, are used to enhance equipment efficiency and the customer experience. The incorporation of cutting-edge technologies enables online booking platforms, predictive maintenance, and data-driven insights for customers. Many companies are also introducing subscription-based models to offer access to diverse equipment, attracting new customer segments.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of bulldozer rental was reached USD 4.2 billion in 2023 and is estimated to register a CAGR of over 3% between 2024 & 2032, driven by increasing government investment in infrastructure sector.

The crawler bulldozers segment accounted for a market share of around 55% in 2023 and is poised to grow significantly till 2032, owing to their adaptability and versatility, making them suitable for uneven, soft, or sloping terrain commonly seen in construction, mining, and forestry operations.

Asia Pacific region around 25% share of the bulldozer rental industry in 2023 and is poised to grow significantly till 2032, fueled by a booming construction sector, rapid urbanization, infrastructure development projects, and increased investments in residential & commercial buildings.

Ahern Rentals, BigRentz Inc., Caterpillar Inc., H&E Equipment Services, Inc., Herc Rentals Inc. , Komatsu Rental, MacAllister Machinery Company Inc. , Sunbelt Rentals, Toromont Industries Ltd, United Rentals, Inc. are some of the major industry contenders.