Product Overview Product of Interest (POI): Construction Equipment Rental Construction equipment refers to heavy-duty vehicles, specially designed for executing construction tasks, most frequent ones involving earthwork operations. They are also known as heavy machines, heavy trucks, engineering equipment, heavy vehicles, or heavy hydraulics. Most of the oil & gas operations such as, drilling, refining, production prefer to rent construction equipment such as cranes, generators, excavators etc. for different onshore and offshore oil & gas projects as renting equipment avoids the upfront costs associated with purchasing and allows better allocation of financial resources. Market Segmentation CONSTRUTION EQUIPMENT BY EQUIPMENT TYPE BY REGION YearRange RENTAL MARKET IN • Crane • Sharjah OIL & GAS INDUSTRY • Diesel Generator • Dubai ReviewPeriod • Excavator • AbuDhabi 2015 –2018 • Wheel Loader • Bulldozer BaseYear • Motor Grader 2019 • Telescopic Handler Estimated Year • Forklifts 2020 • Trucks ForecastPeriod • Manlifts 2021 –2025 • Others © TechSci Research 8