The Latest Trends in Equipment Rentals for the Construction Industry

The construction industry is constantly evolving, and equipment rentals play a significant role in the success of many construction projects.One of the key benefits of equipment rentals for construction companies is the flexibility that it offers. By renting equipment, companies can avoid the high costs of buying and maintaining their own fleet of machines. This is especially valuable for companies that only need certain equipment for a specific project or for a limited period of time. As we move into 2023, there are several trends in equipment rentals that are worth noting for construction professionals.With an emphasis on sustainability and reducing carbon emissions, more construction companies are looking for equipment rentals that are energy-efficient and emit fewer pollutants. This includes electric and hybrid vehicles, as well as machines that use alternative fuels such as biofuels.  01. Advancements in technology Construction companies are increasingly turning to equipment rentals that are equipped with advanced technology. For example, drones are becoming more popular for use in surveying and mapping, while 3D printing is being used for rapid prototyping and creating small-scale structures. 02. Focus on safety Safety is always a top priority in the construction industry, and equipment rentals are no exception. Many companies are now offering equipment with advanced safety features, such as sensors and cameras that monitor the machine’s movements and alert operators to potential hazards. 03. Surge in demand for compact equipment As urban areas continue to grow, construction companies are increasingly turning to compact equipment that is easier to maneuver in tight spaces. This includes small excavators, skid steers, and mini loaders. 04. Remote monitoring and control / Telematics Construction companies are increasingly using equipment rentals that can be remotely monitored and controlled. This technology allows rental companies to keep track of their equipment in real-time, ensuring that it is being used efficiently and that any issues can be quickly addressed. This can also be beneficial for customers, as it allows them to easily track their equipment and ensure that it is being used properly. Telematics help collect data on engine idling time, GPS position, fuel efficiency, etc. that are extremely useful in optimizing the equipment operation. Overall, the equipment rental industry is evolving to meet the demands of the construction industry, with an emphasis on eco-friendly equipment, advanced technology, safety, compact equipment and remote monitoring and control. As construction companies continue to look for ways to improve efficiency, reduce costs, and stay competitive, these trends are likely to continue to shape the industry in 2023.

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x Rental Equipment Protection Plan REP® provides coverage for specified damages or loss to the rental equipment. REP® amounts can be refunded if you provide a valid Certificate of Insurance (COI) meeting required limits and language prior to delivery of your rental. Terms and Conditions apply. In the event of loss, a deductible is required. Please refer to the National Dispatching Rental Agreement Terms & Conditions for more information on REP® and COI requirements.
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