Colombia Construction Equipment Rental Market Research Report, 2028

Colombia Construction equipment Rental market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

Colombia's rise in the rankings is due to recent developments in its institutional growth, institutional stability, and infrastructure. Colombia's infrastructure is still in need of construction and project improvements. Compact equipment, larger capacity machines, and models with further reaches are in high demand as a result of urbanization. Despite growing raw material costs, supply chain problems persist. Manufacturers, as well as everyone else involved in the rental sector ecosystem, are up against formidable obstacles. The tools and other components are still difficult to obtain on time. Despite these problems, equipment rental companies nevertheless make an attempt to keep up with technological advancements that will benefit their business models. Aerial and material handling equipment demand has quickly recovered in the post-pandemic climate, which is undoubtedly attributed to the rise in residential construction. Because the construction industry is cyclical and the economy is unstable, renting construction equipment has a number of benefits. According to the research report "Colombia Construction Equipment Rental Market Research Report, 2028," published by Actual Market Research, the Colombia Construction Equipment Rental market is expected to add USD 0.12 Billion by 2028. Colombia's market for construction equipment rental is gradually expanding. And there are projects that boost the rental equipment market. By linking industrial districts with the ports' areas, 4G infrastructure projects seek to improve the nation's connectivity and foster economic growth. They include 29 road projects that will build 141 tunnels, repair 4.349 miles of roads, and build 4,970 km of dual carriageways. With projects and infrastructure development, the construction equipment market has a bright future in Colombia.

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Colombia is a key market for the creation of new business prospects in building, architecture, and engineering because of its extensive portfolio of infrastructure projects. The U.S. Commercial Service and Colombia's Chamber of Commerce in Construction (CAMACOL) have collaborated on a number of possibilities to link American businesses with regional construction firms for the development of infrastructure projects in Colombia. The first opportunity will concentrate on the light rail expansion in Medellin. With 17 stations and 3 road bridges, the project will connect 32 neighbourhoods across an 8-mile distance. The market for renting construction equipment is divided into three categories based on the type of equipment used: earth movement, material handling, and road building and concrete.Earth movement equipment refers to mobile, motorised vehicles that are used to spread, haul, dig, or move earth or other materials. These tools, such as excavators, loaders, dozers, and motor graders, are frequently used to move or remove substantial amounts of soil as well as to lay foundations and design landscapes. The selection of earthmoving equipment is heavily influenced by the volume of material to be moved, the type of soil already present, and compaction issues. Due to the increasing infrastructure investments being made to upgrade public and private infrastructures, businesses that hire earthmoving equipment now have a chance. Earthmoving equipment is expensive and requires significant capital commitments for installation. COVID-19 impact: During the COVID period, the Colombian construction rental equipment market is unaffected; in 2019 and 2020, the market is stagnant; there is no change in the market; it operates as usual for the construction rental equipment market. Following the pandemic, the construction rental equipment market has grown. Considered in this report • Geography: Colombia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Kripa Shah

Kripa Shah

Senior Analyst

Aspects covered in this report • Colombia Construction Rental market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By equipment Type: • Earthmoving • Material handling • Concrete and road construction By Application Type: • Residential • Non residential • Others

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Kripa Shah

The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Construction Rental industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Colombia Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. Colombia Construction Equipment Rental Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Equipment Type
  • 6.3. Market Size and Forecast By Application
  • 7. Colombia Construction Equipment Rental Market Segmentations
  • 7.1. Colombia Construction Equipment Rental Market, By Equipment Type
  • 7.1.1. Colombia Construction Equipment Rental Market Size, By Earthmoving, 2017-2028
  • 7.1.2. Colombia Construction Equipment Rental Market Size, By Concrete & Road Construction, 2017-2028
  • 7.1.3. Colombia Construction Equipment Rental Market Size, By Material Handling, 2017-2028
  • 7.1.4. Colombia Construction Equipment Rental Market Size, By Others, 2017-2028
  • 7.2. Colombia Construction Equipment Rental Market, By Application
  • 7.2.1. Colombia Construction Equipment Rental Market Size, By Residential, 2017-2028
  • 7.2.2. Colombia Construction Equipment Rental Market Size, By Non-Residential, 2017-2028
  • 7.2.3. Colombia Construction Equipment Rental Market Size, By Others, 2017-2028
  • 8. Colombia Construction Equipment Rental Market Opportunity Assessment
  • 8.1. By Equipment Type, 2023 to 2028
  • 8.2. By Application, 2023 to 2028
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Table
Table 1 : Influencing Factors for Global Construction Equipment Rental Market, 2022
Table 2: Colombia Construction Equipment Rental Market Size and Forecast By Equipment Type (2017, 2022 & 2028F)
Table 3: Colombia Construction Equipment Rental Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 4: Colombia Construction Equipment Rental Market Size of Earthmoving (2017 to 2028) in USD Billion
Table 5: Colombia Construction Equipment Rental Market Size of Concrete & Road Construction (2017 to 2028) in USD Billion
Table 6: Colombia Construction Equipment Rental Market Size of Material Handling (2017 to 2028) in USD Billion
Table 7: Colombia Construction Equipment Rental Market Size of Others (2017 to 2028) in USD Billion
Table 8: Colombia Construction Equipment Rental Market Size of Residential (2017 to 2028) in USD Billion
Table 9: Colombia Construction Equipment Rental Market Size of Non-Residential (2017 to 2028) in USD Billion
Table 10: Colombia Construction Equipment Rental Market Size of Others (2017 to 2028) in USD Billion

List of Figures
Figure 1: Colombia Construction Equipment Rental Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 2: Market Attractiveness Index, By Equipment Type
Figure 3: Market Attractiveness Index, By Application
Figure 4: Porter's Five Forces of Colombia Construction Equipment Rental Market
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Colombia Construction Equipment Rental Market Research Report, 2028

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