Construction Equipment Rental Market Trends
In 2023, the Construction Equipment Rental Market Share is reached USD 120.86 billion, and global Construction Equipment Rental Market size is projected to reach USD 200.85 billion by 2032. The Construction Equipment Rental growth sahre is projected to reach Compound annual growth rate 6% between 2023-2032.
The rising demand for cost-effective and flexible construction solutions has fueled the growth of the construction equipment rental market. Rental services provide access to advanced machinery without the burden of ownership, benefiting contractors and businesses. Technological advancements, including telematics and IoT-enabled equipment tracking, enhance efficiency and maintenance, making rental solutions increasingly attractive.
Get a Free Sample Research PDF|https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102247
The Construction Equipment Rental Market Report provides stakeholders with a comprehensive range of benefits, including in-depth quantitative analysis of market segments, trends, forecasts, and dynamics from 2025 to 2032. It offers valuable insights into key drivers, restraints, and opportunities, supported by Porter's Five Forces analysis for strategic decision-making. The report’s segmentation analysis highlights market opportunities, while revenue mapping across major countries by region delivers a detailed financial outlook. Additionally, it features benchmarking and competitive positioning of market players, along with an assessment of regional and global trends, key industry participants, and growth strategies.
Top companies of Construction Equipment Rental
United Rentals, Inc. (U.S.)
Loxam (France)
Sunbelt (U.S.)
Taiyokenki Rental Co., Ltd. (Japan)
AKTIO Corporation (Japan)
Herc Rentals Inc. (U.S.)
Ahern Rentals. (U.S.)
H&E Equipment Services, Inc. (U.S.)
Nikken Corporation (Japan)
Nishio Rent All Co. Ltd. (Japan)
Construction Equipment Rental Market Research Objectives
Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
To analysis the with respect to individual future prospects, growth trends and their involvement to the total market.
To analysis reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
To deliberately profile the key players and systematically examine their growth strategies.
Construction Equipment Rental Market Drivers & Restrins
Drivers:
Increasing demand for flexible financing options and cost-saving measures in the construction industry driving the preference for equipment rental.
Rapid urbanization and infrastructure development projects requiring access to a wide range of construction equipment without the burden of ownership costs.
Restraints:
High operational costs and potential downtime associated with rental equipment may deter some contractors.
Competition from used equipment sales and the availability of financing options for new equipment purchases.
Recent Industry Developments
Herc Holdings Inc. acquired Rapid Equipment Rental Limited, a Toronto-based rental company.
H&E Equipment Services Inc., announced the relocation of its Georgetown branch to a Texas-based expanded unit.
General Finance Corp. and United Rentals inked a definitive agreement for the former’s acquisition by United Rentals. The deal involved a transaction value of USD 996 million.
Boels took over Cramo PLC to increase its customer base. The move was aimed at becoming one of the major players in the rental market in Europe.
Sunbelt Rentals announced its partnership with Britishvolt, to support the development of Britishvolt’s first full-scale Cambois-based battery Gigaplant. This long-term deal will also see the companies work closely together to favor the development of battery solutions for power plants and heavy equipment to help decarbonize the construction and equipment rental sector.
Ask for Customization|https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/102247
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter’s Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
Related Reports
Robotic Welding Market 2025 Key Drivers, Industry Size & Trends and Forecasts to 2032
Agricultural Robots Market 2025 Data Current and Future Trends, Revenue, Business Growth Forecast to 2032
U.S. Earplugs Market 2025 Latest Industry Size, Growth, Demand, Trends Forecasts to 2032
Intelligent Vending Machine Market 2025 Size, Trends Outlook, Geographical Segmentation Forecasts to 2032
Industrial Robots Market 2025 Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2032
Construction Equipment Rental Market 2025 Key Drivers, Industry Size & Trends and Forecasts to 2032
Humanoid Robots Market 2025 Data Current and Future Trends, Revenue, Business Growth Forecast to 2032
Portable Toilet Market 2025 Latest Industry Size, Growth, Demand, Trends Forecasts to 2032
Robotic Lawn Mower Market 2025 Size, Trends Outlook, Geographical Segmentation Forecasts to 2032
Electric Arc Furnaces Market 2025 Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2032
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US:+18339092966
UK: +448085020280
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com