Turkey Construction Equipment Rental Market Segmented By Equipment Type (Wheel Loader, Crane, Excavator, Bulldozer, Diesel Genset, Motor Grader and Telescopic Handler, Others), By Region, Competition Forecast and Opportunities, 2017-2027

Abstract
Turkey’s construction equipment rental market was valued at USD 1220.02 million in 2022 and is anticipated to project robust growth during the forecast period at a CAGR of 6.85% through 2027.
Heavy-duty vehicles used specifically for carrying out construction tasks—of which earthwork activities are the most frequent—are referred to as construction equipment. They go by names such as heavy machinery, trucks, technical tools, cars, or hydraulics. Contractors and engineering procurement contractors can use the service of renting construction equipment from equipment rental firms. Companies can avoid unforeseen market changes and financial downturns by renting construction equipment.
Comprehensive Creation of Residential Spaces
The Housing Development Administration of Turkey (TOK) aims to construct an adequate number of superior residences in a secure urban setting. On a national level, it also aims to address housing and urbanization-related problems. It is projected that the necessity to develop large-scale housing projects and the significant demand for affordable housing from low- and middle-income people will increase the demand for construction equipment. As part of the government's "Planned Urbanization and Housing Development Mobilization" initiative, low-income target people will receive housing. Additionally, it is projected that the social housing initiative, which aims to create affordable low-cost housing and cheap dwellings, will expand.
Government Investments
In the past, Turkey's government has made significant investments to expand the country's road system and undertake residential construction projects, among other things, which have benefited the development of the country's construction equipment rental market. Turkey's ongoing infrastructure and transportation developments have increased demand for rental machinery including excavators and smooth double drum rollers, among other items. Therefore, it is projected that the government of Turkey's investments in infrastructure development will increase demand for rental construction equipment in the years to come, including concrete breakers & drills, concrete grinders, etc.
Integration of Rental Business with E-commerce Platform
The thriving e-commerce industry in Turkey has drawn major players to the rental market for construction equipment, including KHL Group, which in 2020 developed an e-commerce platform for rental enterprises in order to increase its operations there. To maximize the utilization of rental construction equipment in 2019, KHL Group has expanded its sharing platform across Turkey. Additionally, the website allowed users to place online orders for the equipment and have it delivered to building sites or picked up from nearby shops, which had a favorable effect on Turkish demand for construction equipment rental services. The integration of a location-specific product inventory with an online platform is another example of the equipment rental service providers' omnichannel strategy.
Market Segmentation
The Turkey Construction Equipment Rental Market is segmented based on equipment type, by region, and by company. Based on equipment type, the market is further fragmented into (wheel loader, crane, excavator, bulldozer, diesel genset, motor grader and telescopic handler, others). The market analysis also studies regional segmentation.
Company Profiles
Volvo Construction Equipment, ENKA İnşaat ve Sanayi A.Ş., Borusan Makina ve Guc Sistemleri Sanayi ve Ticaret Anonim Şirketi, Hasel İstif Makinalari Sanayi Ve Ticaret Anonim Şirketi, GAMA Holding A.S, Çukurova Ziraat, Hidromek – Hidrolik ve Mekanik Makina İmalat Sanayi ve Ticaret A.Ş, Maats Insaat Makinalari Ticaret Limited Sirketi, and SIF Construction Machinery Marketing Co. Inc. are among the major market players in the Turkey platform that lead the market growth of the Construction Equipment Renta.


Report Scope:
In this report, Turkey Construction Equipment Rental Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
•Turkey Construction Equipment Rental Market, By Equipment Type:
oWheel Loader
oCrane
oExcavator
oBulldozer
oDiesel Genset
oMotor Grader
oTelescopic Handler
oOthers
•Turkey Construction Equipment Rental Market, By Region:
oMarmara Region
oCentral Anatolia Region
oAegean Region
oMediterranean Region
oSouth Eastern Anatolia Region
oBlack Sea Region
oEastern Anatolia Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Turkey Construction Equipment Rental Market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).

Content
Table of Contents

1.Service Overview
2.Research Methodology
3.Executive Summary
4.Impact of Macro-Economic Factors on Turkey Construction Equipment Rental Market
5.Voice of Customer
5.1.Factors Influencing Renting Decisions
5.2.Challenges/Unmet Needs
5.3.Rental Company Switching Attributes
5.4.Key Satisfaction Level
6.Turkey Construction Equipment Rental Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Equipment Type (Wheel Loader, Crane, Excavator, Bulldozer, Diesel Genset, Motor Grader and Telescopic Handler, Others)
6.2.2.By Region
6.2.3.By Company (2021)
6.3.Product Market Map (By Equipment Type, By Region)
7.Turkey Wheel Loader Rental Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Operating Weight
7.2.2.By Company
7.3.Wheel loader Rental Tariff
8.Turkey Crane Rental Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Operating Weight
8.2.2.By Company
8.3.Crane Rental Tariff
9.Turkey Excavator Rental Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Operating Weight
9.2.2.By Company
9.3.Excavator Rental Tariff
10.Turkey Bulldozer Rental Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Operating Weight
10.2.2.By Company
10.3.Bulldozer Rental Tariff
11.Turkey Diesel Genset Rental Market Outlook
11.1.Market Size & Forecast
11.1.1.By Value
11.2.Market Share & Forecast
11.2.1.By Operating Weight
11.2.2.By Company
11.3.Diesel Genset Rental Tariff
12.Turkey Motor Grader Rental Market Outlook
12.1.Market Size & Forecast
12.1.1.By Value
12.2.Market Share & Forecast
12.2.1.By Operating Weight
12.2.2.By Company
12.3.Motor Grader Rental Tariff
13.Turkey Telescopic Handler Rental Market Outlook
13.1.Market Size & Forecast
13.1.1.By Value
13.2.Market Share & Forecast
13.2.1.By Operating Weight
13.2.2.By Company
13.3.Telescopic Handler Rental Tariff
14.Market Dynamics
14.1.Drivers
14.2.Challenges
15.Market Trends and Developments
16.Policy and Regulatory Landscape
17.Rental Model Overview
18.Turkey Economic Profile
19.Company Profiles
19.1.Volvo Construction Equipment
19.2.ENKA İnşaat ve Sanayi A.Ş.
19.3.Borusan Makina ve Guc Sistemleri Sanayi ve Ticaret Anonim Şirketi
19.4.Hasel İstif Makinalari Sanayi Ve Ticaret Anonim Şirketi
19.5.GAMA Holding A.S
19.6.Çukurova Ziraat
19.7.Hidromek – Hidrolik ve Mekanik Makina İmalat Sanayi ve Ticaret A.Ş.
19.8.Maats Insaat Makinalari Ticaret Limited Sirketi
19.9.SIF Construction Machinery Marketing Co. Inc.
19.10.MST Construction and Agricultural Machinery Industry and Trade Inc
20.Strategic Recommendations