# Rental market

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The global compact power tools rental market is expected to grow steadily due to the increasing demand for power tools in developing countries. The market is driven by the need for fast project completion and infrastructural development activities in regions like Asia. The market faces challenges such as high equipment maintenance costs and damage to tools by clients. The market is segmented based on types and geography, with Asia-Pacific being the most prominent region. Key trends include increasing competition from Chinese manufacturers. The dominant players in the market include Makita Corporation, Bosch, Stanley Black & Decker, and Techtronic Industries.

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