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Construction Equipment Rental Market Size, Share & Trends Analysis Report by Product (Earth Moving, Material Handling, Concrete & Road Construction), Drive Type (ICE, Electric), and Region with Growth Forecasts, 2025-2030

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  • 120 Pages
  • May 2025
  • Region: Global
  • Grand View Research
  • ID: 4613427
Description Jump to:
The Construction Equipment Rental Market was valued at USD 204.06 billion in 2024, and is projected to reach USD 280.13 billion by 2030, rising at a CAGR of 5.60%. 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.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

Why Should You Buy This Report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This product will be delivered within 1-3 business days.

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
List of Tables
Table 1 Global construction equipment rental Market size estimates & forecasts 2018-2030 (USD Million)
Table 2 Global construction equipment rental Market, by region 2018-2030 (USD Million)
Table 3 Global construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 4 Global construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 5 Earthmoving machinery rental Market, by region 2018-2030 (USD Million)
Table 6 Material handling machinery rental Market, by region 2018-2030 (USD Million)
Table 7 Concrete & road construction rental Market, by region 2018-2030 (USD Million)
Table 8 ICE construction equipment rental Market, by region 2018-2030 (USD Million)
Table 9 Electric construction equipment rental Market, by region 2018-2030 (USD Million)
Table 10 North America construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 11 North America construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 12 U.S. construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 13 U.S. construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 14 Canada construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 15 Canada construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 16 Mexico construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 17 Mexico construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 18 Europe construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 19 Europe construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 20 U.K. construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 21 U.K. construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 22 Germany construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 23 Germany construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 24 France construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 25 France construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 26 Italy construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 27 Italy construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 28 Spain construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 29 Spain construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 30 Russia construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 31 Russia construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 32 Asia Pacific construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 33 Asia Pacific construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 34 China construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 35 China construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 36 India construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 37 India construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 38 Japan construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 39 Japan construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 40 Latin America construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 41 Latin America construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 42 Brazil construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 43 Brazil construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 44 MEA construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 45 MEA construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 46 KSA construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 47 KSA construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 48 South Africa construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 49 South Africa construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 50 Algeria construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 51 Algeria construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
Table 52 Kenya construction equipment rental Market, by Product 2018-2030 (USD Million)
Table 53 Kenya construction equipment rental Market, by Drive Type 2018-2030 (USD Million)
List of Figures
Figure 1 Construction Equipment Rental Market Segmentation
Figure 2 Market research deployment mode
Figure 3 Information procurement
Figure 4 Primary research pattern
Figure 5 Market research approaches
Figure 6 Value chain-based sizing & forecasting
Figure 7 Parent market analysis
Figure 8 Market formulation & validation
Figure 9 Construction Equipment Rental Market Snapshot
Figure 10 Construction Equipment Rental Market Segment Snapshot
Figure 11 Construction Equipment Rental Market Competitive Landscape Snapshot
Figure 12 Market research deployment mode
Figure 13 Market driver relevance analysis (Current & future impact)
Figure 14 Market restraint relevance analysis (Current & future impact)
Figure 15 Construction Equipment Rental Market: Product outlook key takeaways (USD Million)
Figure 16 Construction Equipment Rental Market: Product movement analysis 2024 & 2030 (USD Million)
Figure 17 Earthmoving Machinery market revenue estimates and forecasts, 2018-2030 (USD Million)
Figure 18 Material Handling Machinery market revenue estimates and forecasts, 2018-2030 (USD Million)
Figure 19 Concrete & Road Construction market revenue estimates and forecasts, 2018-2030 (USD Million)
Figure 20 Construction Equipment Rental Market: Drive Type outlook key takeaways (USD Million)
Figure 21 Construction Equipment Rental Market: Drive Type movement analysis 2024 & 2030 (USD Million)
Figure 22 ICE market revenue estimates and forecasts, 2018-2030 (USD Million)
Figure 23 Electric market revenue estimates and forecasts, 2018-2030 (USD Million)
Figure 24 Regional marketplace: Key takeaways
Figure 25 Construction Equipment Rental Market: Regional outlook, 2024 & 2030 (USD Million)
Figure 26 North America Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 27 U.S. Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 28 Canada Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 29 Mexico Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 30 Europe Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 31 UK Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 32 Germany Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 33 France Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 34 Italy Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 35 Spain Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 36 Russia Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 37 Asia Pacific Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 38 Japan Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 39 China Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 40 India Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 41 Latin America Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 42 Brazil Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 43 MEA Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 44 South Africa Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 45 Algeria Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 46 Saudi Arabia Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 47 Kenya Construction Equipment Rental Market estimates and forecasts, 2018-2030 (USD Million)
Figure 48 Strategy framework
Figure 49 Company Categorization

Companies Mentioned

The major companies featured in this Construction Equipment Rental market report include:
  • Ahern Rentals Inc.
  • AKTIO Corporation
  • Caterpillar Inc.
  • Byrne Equipment Rental
  • Cramo Plc
  • Finning International Inc.
  • Liebherr-International AG
  • Kanamoto Co., Ltd.
  • Maxim Crane Works, L.P.
  • United Rentals, Inc.

Table Information

Report AttributeDetails
No. of Pages120
PublishedMay 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 204.06 Billion
Forecasted Market Value ( USD ) by 2030 $ 280.13 Billion
Compound Annual Growth Rate5.6%
Regions CoveredGlobal
No. of Companies Mentioned11

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