Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1908549
PUBLISHER: Grand View Research | PRODUCT CODE: 1908549
Construction Equipment Rental Market Size, Share & Trends Analysis Report By Product (Earthmoving Machinery, Material Handling Machinery, Concrete & Road Construction), By Drive Type (ICE, Electric), By Region, And Segment Forecasts, 2026 - 2033
PUBLISHED:
PAGES: 120 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Construction Equipment Rental Market Summary
The global construction equipment rental market size was valued at USD 213.68 billion in 2025 and is projected to reach USD 339.04 billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033. The increase in government investment in public infrastructure projects has boosted mining and construction activities in developing nations, increasing the market need for construction equipment.
Renting construction equipment is becoming more appealing to construction companies and contractors as new construction machinery prices are rising. In addition, the advent of cutting-edge technologies and a rise in automation will fuel market expansion. The use of telematics systems in the construction equipment rental industry is experiencing a remarkable surge as more companies recognize their immense benefits. These advanced systems empower rental companies to remotely monitor crucial aspects such as equipment usage, location, and performance. This transformative capability enables a significant improvement in fleet management and the implementation of proactive maintenance practices. One of the key drivers behind this adoption is the integration of IoT devices and sensors into construction equipment rental units. These cutting-edge technologies deliver real-time data on vital parameters, including fuel consumption, equipment health, and operator safety.
Through this, rental companies can make data-driven decisions to enhance operational efficiency while minimizing downtime. The rental companies have a significant opportunity to stand out by providing customized equipment configurations and attachments to fulfill specific project requirements. According to the first quarter forecast released by the American Rental Association (ARA) in March 2023, the U.S. rental equipment market is expected to grow at a rate of 5.3% in 2023 and 1.9% in 2024. At this juncture, customized equipment strategies can allow large-sized companies to distinguish themselves and cater to the diverse needs of their clients.
By providing tailored equipment solutions, these rental companies can effectively tackle the unique challenges presented by various construction projects. Whether it is any intricate infrastructure development, a high-rise building construction, or a specialized industrial project, possessing the ability to supply equipment with customized configurations and attachments would be essential if these companies were to help their clients in enhancing operational efficiency and productivity by providing equipment specifically designed to meet their project demands.
Advances in online platforms and mobile applications have played a potent role in streamlining the rental experience while offering a myriad of benefits for both equipment owners and renters. Online platforms provide equipment owners with an efficient avenue to showcase their inventory to a wider audience. Owners can significantly increase their chances of securing rental agreements and generating additional revenue streams by listing their equipment portfolio on online marketplaces to make it visible to all participants, thereby typically enabling small-sized companies to highlight their unique offerings and build a reputation based on excellent service and equipment quality. This democratization of the rental market fosters healthy competition, benefiting customers with improved options and service levels.
Construction Equipment Rental Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global construction equipment rental market report based on product, drive type, and region.
- Product Outlook (Revenue, USD Billion, 2021 - 2033)
- Earthmoving Machinery
- Material Handling Machinery
- Concrete & Road Construction
- Drive Type Outlook (Revenue, USD Billion, 2021 - 2033)
- ICE
- Electric
- Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- KSA
- UAE
- South Africa
Product Code: 978-1-68038-678-3
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
- 3.3.1. Industry Analysis - Porter's
Chapter 4. Construction Equipment Rental Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Construction Equipment Rental Market: Product Movement Analysis, USD Million, 2025 & 2033
- 4.3. Earthmoving Machinery
- 4.3.1. Earthmoving Machinery Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4. Material Handling Machinery
- 4.4.1. Material Handling Machinery Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5. Concrete & Road Construction
- 4.5.1. Concrete & Road Construction Market Revenue Estimates and Forecasts, 2021 - 2033 (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, USD Million, 2025 & 2033
- 5.3. ICE
- 5.3.1. ICE Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4. Electric
- 5.4.1. Electric Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Construction Equipment Rental Market: Regional Estimates & Trend Analysis
- 6.1. Construction Equipment Rental Market Share, By Region, 2025 & 2033 (USD Million )
- 6.2. North America
- 6.2.1. North America Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.2.3. Canada
- 6.2.3.1. Canada Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.3. Europe
- 6.3.1. Europe Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.3.2. U.K.
- 6.3.2.1. U.K. Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.3.3. Germany
- 6.3.3.1. Germany Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.3.4. France
- 6.3.4.1. France Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.3.5. Italy
- 6.3.5.1. Italy Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.3.6. Spain
- 6.3.6.1. Spain Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4.2. China
- 6.4.2.1. China Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4.3. Japan
- 6.4.3.1. Japan Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4.4. India
- 6.4.4.1. India Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4.6. Australia
- 6.4.6.1. Australia Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.4.6.2.
- 6.5. Latin America
- 6.5.1. Latin America Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.6.2. KSA
- 6.6.2.1. KSA Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.6.3. UAE
- 6.6.3.1. UAE Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (USD MILLION)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Construction Equipment Rental Market Estimates and Forecasts, 2021 - 2033 (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
- 7.4.1. Ahern Rentals Inc.
Product Code: 978-1-68038-678-3
List of Tables
- Table 1 Global construction equipment rental market size estimates & forecasts 2021 - 2033 (USD Million)
- Table 2 Global construction equipment rental market, by region 2021 - 2033 (USD Million)
- Table 3 Global construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 4 Global construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 5 Earthmoving machinery market, by region 2021 - 2033 (USD Million)
- Table 6 Material handling machinery market, by region 2021 - 2033 (USD Million)
- Table 7 Concrete & road construction market, by region 2021 - 2033 (USD Million)
- Table 8 ICE market, by region 2021 - 2033 (USD Million)
- Table 9 Electric market, by region 2021 - 2033 (USD Million)
- Table 10 North America construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 11 North America construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 12 U.S. construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 13 U.S. construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 14 Canada construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 15 Canada construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 16 Mexico construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 17 Mexico construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 18 Europe construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 19 Europe construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 20 U.K. construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 21 U.K. construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 22 Germany construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 23 Germany construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 24 France construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 25 France construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 26 Italy construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 27 Italy construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 28 Spain construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 29 Spain construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 30 Asia Pacific construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 31 Asia Pacific construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 32 China construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 33 China construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 34 India construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 35 India construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 36 Japan construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 37 Japan construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 38 South Korea construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 39 South Korea construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 40 Australia construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 41 Australia construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 42 Latin America construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 43 Latin America construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 44 Brazil construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 45 Brazil construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 46 MEA construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 47 MEA construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 48 KSA construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 49 KSA construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 50 UAE construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 51 UAE construction equipment rental market, by drive type 2021 - 2033 (USD Million)
- Table 52 South Africa construction equipment rental market, by product 2021 - 2033 (USD Million)
- Table 53 South Africa construction equipment rental market, by drive type 2021 - 2033 (USD Million)
List of Figures
- Fig. 1 Construction equipment rental market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 Parent market analysis
- Fig. 8 Market formulation & validation
- Fig. 9 Construction equipment rental market snapshot
- Fig. 10 Construction equipment rental market segment snapshot
- Fig. 11 Construction equipment rental market competitive landscape snapshot
- Fig. 12 Market research process
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 Construction equipment rental market: Product outlook key takeaways (USD million)
- Fig. 16 Construction equipment rental market: Product movement analysis (USD million), 2025 & 2033
- Fig. 17 Earthmoving machinery market revenue estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 18 Material handling machinery market revenue estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 19 Concrete & road construction market revenue estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 20 Construction equipment rental market: Drive type outlook key takeaways (USD million)
- Fig. 21 Construction equipment rental market: Drive type movement analysis (USD million), 2025 & 2033
- Fig. 22 ICE market revenue estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 23 Electric market revenue estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 24 Regional marketplace: Key takeaways
- Fig. 25 Construction equipment rental market: Regional outlook, 2025 & 2033 (USD million)
- Fig. 26 North America construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 27 U.S. construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 28 Canada construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 29 Mexico construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 30 Europe construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 31 U.K. construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 32 Germany construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 33 France construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 34 Italy construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 35 Spain construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 36 Asia Pacific construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 37 Japan construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 38 China construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 39 India construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 40 South Korea construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 41 Australia construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 42 Latin America construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 43 Brazil construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 44 MEA construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 45 KSA construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 46 UAE construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 47 South Africa construction equipment rental market estimates and forecasts, 2021 - 2033 (USD million)
- Fig. 48 Strategy framework
- Fig. 49 Company categorization
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.