Asia Pacific Equipment Rental Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On-Premise and Cloud-Based), Organization Size (Small and Medium Enterprises and Large Enterprises), and End Users (Manufacturing, Construction, Transportation, and Others)
The APAC equipment rental software market is expected to grow from US$ 51.13 million in 2021 to US$ 95.59 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028.
The construction industry is expected to grow rapidly during the forecast period due to the rise in renewable power generation investments. Many power generation businesses across the region are investing in renewable energy sources. Furthermore, governments across the region are supporting renewable energy sources by offering incentives and subsidies to enterprises that generate renewable energy. For instance, the Australian government granted US$ 600 million to wind power generators in Australia. Thus, the proliferation of the power sector, such as the renewable energy industry, will fuel the need for construction services. Thus, the need for heavy equipment is expected to rise in this industry in the coming years, thereby triggering the expansion of the rental industry. The resultant flourishment of the equipment rental industry is expected to provide lucrative opportunities to the equipment rental software market players, thereby driving the market across the region.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC equipment rental software market at a substantial CAGR during the forecast period.
APAC Equipment Rental Software Market Revenue and Forecast to 2028 (US$ Million)
APAC Equipment Rental Software Market Segmentation
The APAC equipment rental software market is segmented into component, deployment, organization size, end users, and country. Based on component, the APAC equipment rental software market is bifurcated into software and services. The software segment dominated the market in 2020, and the services segment is expected to register a higher CAGR during the forecast period. Based on deployment, the APAC equipment rental software market is bifurcated into on-premise and cloud-based. The cloud-based segment dominated the market in 2020, and it is expected to register a higher CAGR during the forecast period. Based on organization size, the APAC equipment rental software market is bifurcated into SMEs and large enterprises. The large enterprises segment dominated the market in 2020, and the SMEs segment is expected to register a higher CAGR during the forecast period. Based on end user, the APAC equipment rental software market is segmented into manufacturing, construction, transportation, and others. The construction segment dominated the market in 2020, and it is expected to register the highest CAGR during the forecast period. Based on country, the APAC equipment rental software market is segmented into China, India, Japan, South Korea, Australia, and the Rest of APAC.
Booqable.com; EZRentOut; HQ Rental Software; inspHire Ltd; MCS Global Ltd; Orion Software Inc.; and Point of Rental are among the leading companies operating in the APAC equipment rental software market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Equipment Rental Software Market – By Component
1.3.2 APAC Equipment Rental Software Market – By Deployment
1.3.3 APAC Equipment Rental Software Market – By Organization Size
1.3.4 APAC Equipment Rental Software Market – By End User
1.3.5 APAC Equipment Rental Software Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Equipment Rental Software Market Landscape
4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Equipment Rental Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise of Construction Industry
5.1.2 Good Security and Accessibility for Dealers
5.2 Market Restraints
5.2.1 Growing Acceptance of Leasing
5.3 Market Opportunities
5.3.1 Surging Demand for Construction in Power Sector
5.4 Future Trends
5.4.1 Advent of IoT & Predictive Analysis
5.5 Impact Analysis of Drivers and Restraints
6. Equipment Rental Software Market – APAC Analysis
6.1 APAC Equipment Rental Software Market Overview
6.2 APAC Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
7. APAC Equipment Rental Software Market Analysis – By Component
7.1 Overview
7.2 APAC Equipment Rental Software Market, By Component (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Equipment Rental Software Market Analysis – By Deployment
8.1 Overview
8.2 APAC Equipment Rental Software Market, By Deployment (2020 and 2028)
8.3 On-Premise
8.3.1 Overview
8.3.2 On-Premise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud-based
8.4.1 Overview
8.4.2 Cloud-based: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Equipment Rental Software Market Analysis – By Organization Size
9.1 Overview
9.2 APAC Equipment Rental Software Market, By Organization Size (2020 and 2028)
9.3 Small and Medium Enterprises (SME’s)
9.3.1 Overview
9.3.2 SME’s: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprise
9.4.1 Overview
9.4.2 Large Enterprise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10. APAC Equipment Rental Software Market Analysis – By End Users
10.1 Overview
10.2 APAC Equipment Rental Software Market, By End Users (2020 and 2028)
10.3 Manufacturing
10.3.1 Overview
10.3.2 Manufacturing: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Construction
10.4.1 Overview
10.4.2 Construction: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Transportation
10.5.1 Overview
10.5.2 Transportation: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11. APAC Equipment Rental Software Market – Country Analysis
11.1 Overview
11.1.1 APAC: Equipment Rental Software Market, by Key Country
11.1.1.1 Australia: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Australia: Equipment Rental Software Market, By Component
11.1.1.1.2 Australia: Equipment Rental Software Market, By Deployment
11.1.1.1.3 Australia: Equipment Rental Software Market, By Organization Size
11.1.1.1.4 Australia: Equipment Rental Software Market, By End Users
11.1.1.2 China: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 China: Equipment Rental Software Market, By Component
11.1.1.2.2 China: Equipment Rental Software Market, By Deployment
11.1.1.2.3 China: Equipment Rental Software Market, By Organization Size
11.1.1.2.4 China: Equipment Rental Software Market, By End Users
11.1.1.3 India: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 India: Equipment Rental Software Market, By Component
11.1.1.3.2 India: Equipment Rental Software Market, By Deployment
11.1.1.3.3 India: Equipment Rental Software Market, By Organization Size
11.1.1.3.4 India: Equipment Rental Software Market, By End Users
11.1.1.4 Japan: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Japan: Equipment Rental Software Market, By Component
11.1.1.4.2 Japan: Equipment Rental Software Market, By Deployment
11.1.1.4.3 Japan: Equipment Rental Software Market, By Organization Size
11.1.1.4.4 Japan: Equipment Rental Software Market, By End Users
11.1.1.5 South Korea: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 South Korea: Equipment Rental Software Market, By Component
11.1.1.5.2 South Korea: Equipment Rental Software Market, By Deployment
11.1.1.5.3 South Korea: Equipment Rental Software Market, By Organization Size
11.1.1.5.4 South Korea: Equipment Rental Software Market, By End Users
11.1.1.6 Rest of APAC: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of APAC: Equipment Rental Software Market, By Component
11.1.1.6.2 Rest of APAC: Equipment Rental Software Market, By Deployment
11.1.1.6.3 Rest of APAC: Equipment Rental Software Market, By Organization Size
11.1.1.6.4 Rest of APAC: Equipment Rental Software Market, By End Users
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Development
13. Company Profiles
13.1 EZRentOut
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Booqable.com
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HQ Rental Software
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 inspHire Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 MCS Global Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Orion Software Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Point of Rental
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. APAC Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Equipment Rental Software Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 10. China: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 14. India: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 16. Japan: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 17. Japan: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 18. Japan: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 19. South Korea: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. South Korea: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 21. South Korea: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 22. South Korea: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of APAC: Equipment Rental Software Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of APAC: Equipment Rental Software Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of APAC: Equipment Rental Software Market, By Organization Size – Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of APAC: Equipment Rental Software Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Equipment Rental Software Market Segmentation
Figure 2. APAC Equipment Rental Software Market Segmentation – By Country
Figure 3. APAC Equipment Rental Software Market Overview
Figure 4. APAC Equipment Rental Software Market, By Component
Figure 5. APAC Equipment Rental Software Market, By Country
Figure 6. APAC: PEST Analysis
Figure 7. Expert Opinion
Figure 8. APAC Equipment Rental Software Market: Impact Analysis of Drivers and Restraints
Figure 9. APAC Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. APAC Equipment Rental Software Market Revenue Share, By Component (2020 and 2028)
Figure 11. APAC Software: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Services: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Equipment Rental Software Market Revenue Share, By Deployment (2020 and 2028)
Figure 14. APAC On-Premise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Cloud-based Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Equipment Rental Software Market Revenue Share, By Organization Size (2020 and 2028)
Figure 17. APAC SME’s: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Large Enterprise: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Equipment Rental Software Market Revenue Share, By End Users (2020 and 2028)
Figure 20. APAC Manufacturing: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Construction: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Transportation: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Others: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC: Equipment Rental Software Market, by Key Country – Revenue (2020) (US$ Million)
Figure 25. APAC: Equipment Rental Software Market Revenue Share, by Key Country (2020 & 2028)
Figure 26. Australia: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of APAC: Equipment Rental Software Market – Revenue and Forecast to 2028 (US$ Million)
- Booqable.com
- EZRentOut
- HQ Rental Software
- inspHire Ltd
- MCS Global Ltd
- Orion Software Inc.
- Point of Rental
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC equipment rental software market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC equipment rental software market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the equipment rental software market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution