According to “Saudi Arabia Forklift Rental Market By Forklift Type, By Fuel Type, By Rental Period, Competition Forecast & Opportunities, 2023” forklift rental market is projected to surpass $ 18 million by 2023. Growth in the market is led by rising inclination towards renting a forklift equipment and increasing number of greenfield and brownfield projects in Saudi Arabia. Moreover, flourishing construction industry along with declining rental tariffs due to increasing competition is further anticipated to fuel growth in Saudi Arabia forklift rental market in the coming years. Some of the major players operating in Saudi Arabia forklift rental market are Zahid Tractor and Heavy Machinery Company, Al-Iman for Contracting & Trading Co., Kanoo Machinery, Al Faris, Peax Equipment Rental, Byrne Equipment Rental LLC, Industrial Supplies Development Co. Ltd. (ISDC Rental Company), Bin Quraya Rental, Hertz Equipment Rental Corporation, and Al Walid Equipment Rental LLC. “Saudi Arabia Forklift Rental Market By Forklift Type, By Fuel Type, By Rental Period, Competition Forecast & Opportunities, 2023” discusses the following aspects of forklift rental market in Saudi Arabia:

  • Forklift Rental Market Size, Share & Forecast
  • Segmental Analysis – By Forklift Type (1–3.5 Ton, 3.5–7 Ton & Others), By Fuel Type (Diesel, Electric & Petrol/LPG), By Rental Period (Short Term, Short-Medium Term, Medium Term & Long Term)
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report

  • To gain an in-depth understanding of forklift rental in Saudi Arabia
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, forklift rental distributor, distributors 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 interaction with forklift rental distributor, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.