MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Construction Equipment Rental Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Construction Equipment Rental, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2019–22
- Base Year: 2023
- Forecast Years: 2024–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/global-construction-equipment-rental-market.html (Discover the market potential, platform-specific insights, and key industry trends.)
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Construction Equipment Rental Market Outlook
The Global Construction Equipment Rental Market size is estimated to grow at a CAGR of around 5.8% during the forecast period, i.e., 2024-30. The significant boost in government spending on public infrastructure development has ignited construction and mining activities across emerging economies globally. Consequently, the demand for construction equipment is high as a result of this factor. This surge in the price of new machinery is prompting contractors and other stakeholders to lean towards leasing options instead.
Construction Equipment Rental Market Drivers:
Increasing Adoption of Rental Equipment in Various Industries to Bolster the Market Growth – The construction industry's cyclical nature and current economic conditions make renting construction equipment an advantageous option. Numerous industries, including contractors as well as many firms, are increasingly inclined towards rental options versus purchasing new machinery. Industry leaders like BigRentz have noticed a significant shift in the trend toward rentals over ownership or leasing by builders and contractors alike. The looming threat of recession is also impacting this climate, with growing anticipation among business executives and economists that it may increase demand for rented resources while steering companies away from costly capital investments like buying or leasing their equipment.
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Construction Equipment Rental Market Trends:
Shifting Trend Towards Rental Services – Rental services have become a popular trend due to various factors such as the growth of infrastructure development, expansion in construction activities, and increasing demand for advanced equipment and machinery across several end-use industries, including agriculture, residential real estate, the oil & gas sector, the mining industry, manufacturing facilities, forestry operations, sports & entertainment venues, commercial properties, government projects at the municipal level, transportation & logistics networks, etc.
Construction Equipment Rental Market Segmentation
The study categorizes the Construction Equipment Rental into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Equipment Type
- Earthmoving Equipment- Market Size & Forecast 2019-2030, (USD Million)
- Material Handling Equipment- Market Size & Forecast 2019-2030, (USD Million)
- Concrete and Road Construction- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Product Type
- Excavator- Market Size & Forecast 2019-2030, (USD Million)
- Loader- Market Size & Forecast 2019-2030, (USD Million)
- Grader- Market Size & Forecast 2019-2030, (USD Million)
- Bulldozer- Market Size & Forecast 2019-2030, (USD Million)
- Road Roller- Market Size & Forecast 2019-2030, (USD Million)
- Tipper- Market Size & Forecast 2019-2030, (USD Million)
- Forklifts- Market Size & Forecast 2019-2030, (USD Million)
- Cranes- Market Size & Forecast 2019-2030, (USD Million)
- Diesel Generator- Market Size & Forecast 2019-2030, (USD Million)
- Concrete Pumps- Market Size & Forecast 2019-2030, (USD Million)
- Concrete Mixers- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Application
- Residential- Market Size & Forecast 2019-2030, (USD Million)
- Commercial- Market Size & Forecast 2019-2030, (USD Million)
- Industrial- Market Size & Forecast 2019-2030, (USD Million)
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Companies in Construction Equipment Rental Market Worldwide: Players, Analysis & Future Outlook
- Caterpillar Inc.
- United Rentals, Inc.
- Sennebogen
- Komatsu Ltd.
- CNH Industrial N.V.
- Loxam
- Ramirent Plc.
- Zoomlion Heavy Industry Science and Technology Co., Ltd.
- Herc Rentals Inc.
- H&E Equipment Service
- Nishio Rent All Co. Ltd.
- Nikken Corporation
- Sunbelt
- Taiyokenki Rental Co., Ltd.
- AKTIO Corporation
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-construction-equipment-rental-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Construction Equipment Rental?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Construction Equipment Rental?
4. Who are the prominent players in the Construction Equipment Rental?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a globally recognized market research firm offering comprehensive insights into the construction and mining sector, encompassing building management, construction materials, and construction technology & equipment. We assist developers, equipment manufacturers, and infrastructure investors in understanding market trends, sustainability mandates, and technological disruptions. Leveraging our Competitive Intelligence services, we help organizations benchmark competitors, identify white spaces, and craft informed growth strategies for enduring success in the global construction landscape.
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MarkNtel Advisors
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