Reducing risk and emissions
The rental industry is growing in the European construction market. One of the reasons behind this growth is that customers have a better understanding of the advantages of using rental equipment.
They can save money by using rental services and have access to modern and technologically advanced equipment. It also provides flexibility and implies less capital expenditure.
Rental offers customers more choice, while mitigating the costs associated with ownership, which can now feel like more of a burden, in terms of cost and maintenance.
Prior to the COVID-19 pandemic, contractors were already looking for ways to work more efficiently and with greater flexibility. This will no doubt intensify when it comes to recovery from the expected economic slowdown.
Many will be looking to return to job sites quickly and win new tenders. However, they may not be in a financial position to immediately invest in new machines.
Flexibility will continue to be an issue for contractors. As the outbreak has proved, the construction market can change rapidly and they need to be able to react quickly to unforeseen situations, avoid unexpected losses and protect their businesses.
The second challenge faced by contractors is compliance to increasingly stringent emissions regulations. To meet these targets, contractors will be required to use the most technologically advanced machines.