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The MarketsandResearch.biz unveiled a research report on Global Online Machine Condition Monitoring Equipment Market from 2022 to 2028, which provides comprehensive data on the potential trends and current state of the main factors driving and restraining global market growth.

This Equipment Monitoring Market report provides detailed market insights to help companies make better business decisions and drive growth plans based on forecast and market trends. This Equipment Monitoring market report explores the new developments, trends, and prospects, and forecasts the current status and future prospects of the market from 2022 to 2029.

 How well a contractor manages equipment use on a project, and its fleet in general, can make the difference between a large profit and a small one - or even none at all. Below, United Rentals outlines how companies can use telematics to track equipment and increase its utilization, properly maintain assets and make smarter purchasing and rental decisions. 

To get a broad-based look at all their company assets, contractors are turning to systems that track equipment location, hours, idle time and much more across the entirety of their fleets. These systems make use of tracker systems – basically little black boxes – to keep track of and manage not only your mobile fleet but everything else on your equipment list, including attachments, tools and trailers.  

 Following a decline of 3.4% in 2020, Canada's construction industry is now forecast to grow by 0.6% in 2021, up from the previous forecast of -2% in the Q4 2020 update, as activity in the housing market has been stronger than expected. 

Estimates suggest that stolen equipment and supplies from Canadian construction jobsites cost nearly half a billion dollars every year. Whether it’s equipment or vehicles, tools or even building materials, construction sites are losing assets and resources at an alarming rate.