Strategic Partnerhsip Collaboration Among Players Resulted in the Global Machinery Leasing Market Growth

Published: Apr 2022

The global machinery leasing market is anticipated to grow significantly at a CAGR of 5.6% over the forecast period (2022-2028).  The market players are considerably contributing to the market growth by forming strategic partneship collaboration with other prominent players operating in the mallret to stay competitive and to fullfill growing market demands.. For instance, in July 2021, Watkins Glen International and United Rentals, forge an agreement on the entitlement for the NASCAR Camping World Truck Series race as part of the partnership, Watkins Glen International and other NASCAR-owned facilities will work collaboratively with United Rentals for access to rental construction and industrial equipment, supplies and tools and additional items for on-going facility maintenance and race and event preparations.  

Browse the full report description of “Global Machinery Leasing Market Size, Share & Trends Analysis Report By Type (Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil and Gas, Forestry Machinery, and Equipment Rental) By Mode (Online, and Offline) Forecast 2022-2028” at https://www.omrglobal.com/industry-reports/machinery-leasing-market

Moreover, in December 2021, MyLand Company LLC, announced it has entered into a financing agreement with CSC Leasing Company, the leasing facility will allow MyLand to expand its installed base of MyLand Thrive Systems in the field, covering up to an additional 35,000 acres initially with the possibility for significant additional expansion with CSC leasing. The funding will support the deployment of MyLand Thrive Systems, which connect directly to growers' irrigation producing and delivering live, native microalgae directly into the soil on a continuous basis. Through this process, the microalgae rapidly improve the physical, chemical, and biological traits of the soil, generating significantly healthier soil.

Market Coverage

The market number available for – 2022-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- by type, by mode 

Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape- AerCap, Aggreko Ltd., Ahern Rentals, Air Lease Corp., Ashtead Group Plc., Fuyo General Lease Co. Ltd., Tokyo Century Corp., United Rentals Inc., Herc Rentals Inc., Maxim Crane Works L.P.,  and others and others.

 Key questions addressed by the report

What is the market growth rate?

Which segment/region dominates the market in the base year?

Which segment/region will project the fastest growth in the market?

How has COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Machinery Leasing Market– Segmentation

By Type 

  • Heavy construction machinery rental
  • Commercial air, rail, and water transportation equipment rental
  • Mining, oil and gas
  • Forestry machinery 
  • Equipment rental

By Mode  

  • Offline 
  • Online 

Global Machinery Leasing Market –  by Region 

North America           

US

Canada

Europe

Germany

United Kingdom

France

Spain

Italy

Rest of Europe

Asia-Pacific    

China

Japan

India

Rest of Asia-Pacific

Rest of the World

Middle East & Africa 

Latin America 

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