The global market for Compact Power Equipment Rental was estimated at US$6.0 Billion in 2024 and is projected to reach US$7.7 Billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Compact Power Equipment Rental market. 
The demand for compact power equipment rental is influenced by several factors, including the seasonal nature of certain industries and the ongoing need for flexibility in project management. For instance, landscaping projects typically see a surge in the spring and summer months, driving demand for equipment like mini excavators and loaders. Construction projects, both residential and commercial, also contribute significantly to the market, especially with the growing trend towards urbanization and infrastructure development. Rental companies are continually expanding their fleets to include the latest models, equipped with advanced features such as improved fuel efficiency, enhanced safety measures, and better maneuverability. Moreover, the rise of e-commerce platforms and digital rental services has simplified the process of booking and returning equipment, making it more convenient for users to find and rent the machinery they need.
The growth in the compact power equipment rental market is driven by several factors, including advancements in technology that have made equipment more efficient and user-friendly. The increasing complexity and scale of construction and landscaping projects require versatile and reliable machinery, which rental companies can provide without the significant upfront investment needed for purchase. Economic factors also play a crucial role; during economic downturns, companies are more likely to rent equipment to preserve capital and reduce financial risk. Additionally, environmental considerations are pushing the development of more eco-friendly machinery, and rental companies are adopting these green technologies to meet regulatory requirements and customer preferences. The proliferation of urbanization projects worldwide, coupled with infrastructure investments in emerging markets, has expanded the customer base for compact power equipment rental. Lastly, the growing emphasis on sustainability and the circular economy encourages the use of rental services, as they promote the efficient use and reuse of resources, aligning with broader environmental goals.
Global Compact Power Equipment Rental Market - Key Trends and Drivers Summarized
Compact power equipment rental has become a significant segment within the broader equipment rental industry, providing a cost-effective and flexible solution for contractors, landscapers, and homeowners. This category includes a wide range of machinery such as mini excavators, compact track loaders, skid steers, and other small-scale but powerful equipment that can handle various tasks in construction, landscaping, and maintenance projects. The convenience of renting allows businesses and individuals to access the latest equipment without the high costs associated with ownership, maintenance, and storage. Additionally, rental companies often provide training and support, ensuring users can operate the machinery safely and efficiently. This accessibility has made compact power equipment rental an attractive option for short-term projects and tasks that require specific machinery for limited periods.The demand for compact power equipment rental is influenced by several factors, including the seasonal nature of certain industries and the ongoing need for flexibility in project management. For instance, landscaping projects typically see a surge in the spring and summer months, driving demand for equipment like mini excavators and loaders. Construction projects, both residential and commercial, also contribute significantly to the market, especially with the growing trend towards urbanization and infrastructure development. Rental companies are continually expanding their fleets to include the latest models, equipped with advanced features such as improved fuel efficiency, enhanced safety measures, and better maneuverability. Moreover, the rise of e-commerce platforms and digital rental services has simplified the process of booking and returning equipment, making it more convenient for users to find and rent the machinery they need.
The growth in the compact power equipment rental market is driven by several factors, including advancements in technology that have made equipment more efficient and user-friendly. The increasing complexity and scale of construction and landscaping projects require versatile and reliable machinery, which rental companies can provide without the significant upfront investment needed for purchase. Economic factors also play a crucial role; during economic downturns, companies are more likely to rent equipment to preserve capital and reduce financial risk. Additionally, environmental considerations are pushing the development of more eco-friendly machinery, and rental companies are adopting these green technologies to meet regulatory requirements and customer preferences. The proliferation of urbanization projects worldwide, coupled with infrastructure investments in emerging markets, has expanded the customer base for compact power equipment rental. Lastly, the growing emphasis on sustainability and the circular economy encourages the use of rental services, as they promote the efficient use and reuse of resources, aligning with broader environmental goals.
SCOPE OF STUDY:
The report analyzes the Compact Power Equipment Rental market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Type (Period Rental, Rent to Own, On-Demand Rental); Product Type (Electric Power Tools, Engine-Driven Power Tools, Pneumatic Power Tools)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Period Rental segment, which is expected to reach US$3.7 Billion by 2030 with a CAGR of a 4.5%. The Rent to Own segment is also set to grow at 3.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $1.6 Billion in 2024, and China, forecasted to grow at an impressive 7.1% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Compact Power Equipment Rental Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Compact Power Equipment Rental Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Compact Power Equipment Rental Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Allmand Bros., Inc, Ashtead Group Plc, Bierschbach Equipment and Supply, Caterpillar Inc., Cooper Equipment Rentals Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 86 companies featured in this Compact Power Equipment Rental market report include:
- Allmand Bros., Inc
- Ashtead Group Plc
- Bierschbach Equipment and Supply
- Caterpillar Inc.
- Cooper Equipment Rentals Ltd.
- Cummins Inc.
- Dynamic Equipment Rentals Ltd.
- Finning International Inc.
- Herc Holdings Inc.
- Manlift Middle East LLC
- Pioneer Power Service Pvt Ltd.
- Sunbelt Rentals, Inc.
- Titan Machinery Inc
- United Rentals Inc.
- YANMAR America Corporation
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 6 Billion |
| Forecasted Market Value ( USD | $ 7.7 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
