Market Share of GCC Construction Machinery Rental Industry
The GCC construction equipment/machinery rental market is fragmented as several local players hold some notable share across the region due to their local dealership network and local procurement capabilities. The rental companies are investing significantly in the GCC region for an edge over their competitors. Some of the other key players in the market are focusing on investments, product development, partnerships, etc., to gain a competitive edge over other players in the market. For instance,
- In January 2023, Dayim Equipment Rental Co. teamed up with the Red Sea Development Co. to construct an on-site, carbon-neutral operations hub and to provide managed services for the Red Sea Project and AMAALA.
Some of the major players in the market include Al Faris, Bin Quraya, Arabian Machinery & Heavy Equipment Co. (AMHEC), Byrne Equipment Rental, and Mohamed Abdulrahman Al-Bahar LLC.
GCC Construction Machinery Rental Market Leaders
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Al Faris
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Bin Quraya
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Arabian Machinery & Heavy Equipment Co. (AMHEC)
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Byrne Equipment Rental
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Mohamed Abdulrahman Al-Bahar LLC
*Disclaimer: Major Players sorted in no particular order
