Product Code: 978-1-68038-678-3
Construction Equipment Rental Market Growth & Trends:
The global construction equipment rental market size is expected to reach USD 280.13 billion by 2030, registering a CAGR of 5.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing government spending on infrastructure projects and rising Foreign Direct Investment (FDI) in the building sector for skyscrapers, motorways, bridges, and smart cities is driving the growth. The market for renting construction equipment is expanding as a result of ongoing technological advancements that result in modern construction tools that focus on projects and streamline the entire construction process. Small and medium-sized construction enterprises and contractors are encouraged to use rental construction equipment due to the higher total cost of ownership of modern construction equipment and machines. Additionally, construction equipment leasing offers a cost-effective substitute for purchasing for construction companies since it lowers the costs of ownership such as maintenance, repair, insurance, and storage.
The pandemic led to a global lockdown and disrupted the supply chain, which had a significant impact on the industrial, building, and mining industries. Following the pandemic, problems with the supply of skilled labor, rising raw material prices, and high EMIs have exacerbated uncertainty in the construction business, slowing expansion. The market for construction rental equipment is expanding as a result of larger construction enterprises migrating to renting equipment in order to prevent risk aversion and lessen uncertainty.
Asia Pacific is expected to witness a high pace of growth during the forecast period. The major participants in the Chinese construction equipment rental market are concentrating on creating cutting-edge machinery that uses less fuel, produces more, and minimizes machine downtime, driving the growth of the construction equipment rental market. Additionally, the Indian government is making significant investments in expansive infrastructure projects to strengthen the nation's economy; as a result, these factors are anticipated to support the expansion of the construction equipment market in the area.
Construction Equipment Rental Market Report Highlights:
- Earthmoving machinery led the market and accounted for 54.7% in 2024. The concrete and road construction machinery segment is anticipated to register the highest growth rate over the forecast period.
- The ICE segment accounted for the largest market revenue share in 2024. Electric is expected to register the highest growth rate over the forecast period.
- The Asia Pacific market accounted for 49.7% share of the overall market in 2024. The urbanization, expanding infrastructure development, and the rising cost of owning equipment drive rental demand across the region's developed and emerging economies.
- The construction equipment rental industry in Europe was identified as a lucrative region in 2024. Germany's construction equipment rental market is poised for strong growth, supported by robust investment in transport infrastructure, renewable energy, and public utilities.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country-Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Construction Equipment Rental Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Construction Equipment Rental Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Construction Equipment Rental Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Construction Equipment Rental Market: Product Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Earth Moving Machinery
- 4.3.1. Earth Moving Machinery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Material Handling Machinery
- 4.4.1. Material Handling Machinery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Concrete and Road Construction Machinery
- 4.5.1. Concrete and Road Construction Machinery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Construction Equipment Rental Market: Drive Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Construction Equipment Rental Market: Drive Type Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. ICE
- 5.3.1. ICE Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Electric
- 5.4.1. Electric Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Construction Equipment Rental Market: Regional Estimates & Trend Analysis
- 6.1. Construction Equipment Rental Market Share, By Region, 2024 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Italy Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Italy Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7. Russia
- 6.3.7.1. Russia Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. South Africa
- 6.6.2.1. South Africa Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. Algeria
- 6.6.3.1. Algeria Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Saudi Arabia Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5. Kenya
- 6.6.5.1. Kenya Construction Equipment Rental Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Ahern Rentals Inc.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. AKTIO Corporation
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. Caterpillar Inc.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. Byrne Equipment Rental
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Cramo Plc
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Finning International Inc.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. Liebherr-International AG
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Kanamoto Co., Ltd.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. Maxim Crane Works, L.P.
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. United Rentals, Inc.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives