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Industrial & Construction Equipment Rental Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application

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    Report

  • 130 Pages
  • September 2025
  • Region: Global
  • Prof Research
  • ID: 6032771
Industrial & Construction Equipment Rental involves leasing equipment such as earthmoving machines, material handling systems, road building equipment, aerial work platforms, and others for construction, industrial, and infrastructure projects. The industry is characterized by its flexibility, cost-effectiveness, and ability to provide access to advanced equipment without ownership costs. Key trends include the adoption of telematics for fleet management, electric and hybrid equipment for sustainability, and digital platforms for rental efficiency. The market is propelled by global construction growth, particularly in North America and Asia Pacific, and increasing demand for cost-effective, eco-friendly solutions.

Market Size and Growth Forecast

The global Industrial & Construction Equipment Rental market was valued at USD 83.6-175.1 billion in 2024, with an estimated CAGR of 5.5%-7.5% from 2025 to 2030, driven by construction and industrial demands.

Regional Analysis

  • North America is projected to grow at a CAGR of 5.3%-7.3%, with the U.S. leading due to its construction boom, focusing on digital rental platforms.
  • Europe is expected to achieve a CAGR of 5.0%-7.0%, with Germany driving demand through its emphasis on sustainable equipment rentals.
  • Asia Pacific is anticipated to record the highest growth at 5.8%-7.8%, led by China and India, where infrastructure projects fuel demand, with trends toward earthmoving equipment.
  • Rest of the World, particularly Brazil, is expected to grow at 4.8%-6.8%, with trends toward aerial work platforms for urban projects.

Application Analysis

  • Earthmoving applications are estimated to grow at a CAGR of 5.5%-7.5%, driven by infrastructure projects, with trends toward electric excavators.
  • Material handling applications are projected to grow at 5.0%-7.0%, supported by industrial growth, with innovations in telematics.
  • Road building & concrete and aerial work platforms are expected to grow at 5.3%-7.3%, with trends toward hybrid equipment.
  • Other applications, including industrial maintenance, are projected to grow at 4.8%-6.8%, with trends toward versatile rentals.

Key Market Players

United Rentals, headquartered in Stamford, Connecticut, USA, offers equipment rentals for construction, known for its extensive fleet.

Ashtead Group, based in London, UK, provides rentals for infrastructure, emphasizing digital platforms.

AKTIO Corporation, headquartered in Tokyo, Japan, offers rentals for road building, focusing on scalable operations.

Herc Rentals, based in Bonita Springs, Florida, USA, provides rentals for industrial projects, known for its robust services.

Loxam, headquartered in Paris, France, offers rentals for construction, emphasizing sustainable solutions.

Kanamoto, based in Sapporo, Japan, provides rentals for infrastructure, focusing on efficient fleet management.

NISHIO GROUP, headquartered in Osaka, Japan, offers rentals for road building, known for its regional expertise.

Nikken, based in Tokyo, Japan, provides rentals for aerial platforms, emphasizing safety systems.

H&E, headquartered in Baton Rouge, Louisiana, USA, offers rentals for construction, known for its diverse fleet.

Home Depot, based in Atlanta, Georgia, USA, provides rentals for landscaping, focusing on accessibility.

Maxim Crane, headquartered in Bridgeville, Pennsylvania, USA, offers rentals for material handling, known for its heavy-duty solutions.

Cramo, based in Vantaa, Finland, provides rentals for construction, emphasizing eco-friendly equipment.

Kiloutou, headquartered in Marcq-en-Baroeul, France, offers rentals for infrastructure, focusing on digital platforms.

Taiyo Kenki Rental, based in Osaka, Japan, provides rentals for road building, known for its regional presence.

Coates Hire Ltd, headquartered in Sydney, Australia, offers rentals for construction, emphasizing versatile solutions.

Sarens, based in Wolvertem, Belgium, provides rentals for heavy lifting, known for its global reach.

Boels Verhuur, headquartered in Sittard, Netherlands, offers rentals for construction, focusing on compact equipment.

Sunstate Equipment, based in Phoenix, Arizona, USA, provides rentals for infrastructure, known for its customer-centric approach.

Zeppelin Group, headquartered in Garching, Germany, offers rentals for construction, emphasizing advanced technologies.

Zhejiang Haikong Nanke Huatie, based in Zhejiang, China, provides rentals for infrastructure, focusing on scalable operations.

Porter’s Five Forces Analysis

  • The threat of new entrants is moderate; moderate capital costs attract regional players, but established networks create barriers.
  • The threat of substitutes is low; equipment ownership is less cost-effective for short-term projects.
  • Buyer power is high; customers compare pricing across providers, increasing competition.
  • Supplier power is low; equipment manufacturers supply multiple rental firms, reducing influence.
  • Competitive rivalry is high; players differentiate through fleet diversity, digital platforms, and sustainability.

Market Opportunities and Challenges

Opportunities

  • Global construction growth drives demand for equipment rentals.
  • Adoption of digital platforms and eco-friendly equipment enhances market potential.
  • Emerging markets in Asia Pacific offer growth due to infrastructure projects.

Challenges

  • High maintenance costs for advanced equipment impact profitability.
  • Economic fluctuations affect construction spending and rental demand.
  • Regulatory compliance for emissions increases operational costs.

Growth Trend Analysis

The Industrial & Construction Equipment Rental market is growing robustly, driven by construction demands. On December 13, 2024, Sumitomo Corporation acquired Resource Equipment Indonesia, expanding its pump rental business for mining. On January 20, 2025, Zeppelin acquired Caterpillar equipment sales and service in Norway and the Netherlands from Pon Holding. On February 5, 2025, Cooper Equipment Rentals acquired Rent All Centre, Skyhigh Platforms, and Big Stick Rentals, expanding in Canada. On February 19, 2025, Herc Rentals outbid United Rentals to acquire H&E Rentals for USD 4.8 billion. On April 7, 2025, Hitachi Construction Machinery unveiled solutions under its LANDCROS concept at bauma 2025, targeting rental efficiency. On April 22, 2025, CASE Construction Equipment launched new compact wheel loaders and articulated loaders tailored for rental businesses. These developments align with a projected CAGR of 5.5%-7.5% through 2030, reflecting the industry’s focus on flexibility and sustainability.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Industrial & Construction Equipment Rental Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Industrial & Construction Equipment Rental Market in North America (2020-2030)
8.1 Industrial & Construction Equipment Rental Market Size
8.2 Industrial & Construction Equipment Rental Market by End Use
8.3 Competition by Players/Suppliers
8.4 Industrial & Construction Equipment Rental Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Industrial & Construction Equipment Rental Market in South America (2020-2030)
9.1 Industrial & Construction Equipment Rental Market Size
9.2 Industrial & Construction Equipment Rental Market by End Use
9.3 Competition by Players/Suppliers
9.4 Industrial & Construction Equipment Rental Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Industrial & Construction Equipment Rental Market in Asia & Pacific (2020-2030)
10.1 Industrial & Construction Equipment Rental Market Size
10.2 Industrial & Construction Equipment Rental Market by End Use
10.3 Competition by Players/Suppliers
10.4 Industrial & Construction Equipment Rental Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southeast Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Industrial & Construction Equipment Rental Market in Europe (2020-2030)
11.1 Industrial & Construction Equipment Rental Market Size
11.2 Industrial & Construction Equipment Rental Market by End Use
11.3 Competition by Players/Suppliers
11.4 Industrial & Construction Equipment Rental Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Industrial & Construction Equipment Rental Market in MEA (2020-2030)
12.1 Industrial & Construction Equipment Rental Market Size
12.2 Industrial & Construction Equipment Rental Market by End Use
12.3 Competition by Players/Suppliers
12.4 Industrial & Construction Equipment Rental Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Industrial & Construction Equipment Rental Market (2020-2025)
13.1 Industrial & Construction Equipment Rental Market Size
13.2 Industrial & Construction Equipment Rental Market by End Use
13.3 Competition by Players/Suppliers
13.4 Industrial & Construction Equipment Rental Market Size by Type
Chapter 14 Global Industrial & Construction Equipment Rental Market Forecast (2025-2030)
14.1 Industrial & Construction Equipment Rental Market Size Forecast
14.2 Industrial & Construction Equipment Rental Application Forecast
14.3 Competition by Players/Suppliers
14.4 Industrial & Construction Equipment Rental Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 United Rentals
15.1.1 Company Profile
15.1.2 Main Business and Industrial & Construction Equipment Rental Information
15.1.3 SWOT Analysis of United Rentals
15.1.4 United Rentals Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.2 Ashtead Group
15.2.1 Company Profile
15.2.2 Main Business and Industrial & Construction Equipment Rental Information
15.2.3 SWOT Analysis of Ashtead Group
15.2.4 Ashtead Group Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.3 AKTIO Corporation
15.3.1 Company Profile
15.3.2 Main Business and Industrial & Construction Equipment Rental Information
15.3.3 SWOT Analysis of AKTIO Corporation
15.3.4 AKTIO Corporation Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.4 Herc Rentals
15.4.1 Company Profile
15.4.2 Main Business and Industrial & Construction Equipment Rental Information
15.4.3 SWOT Analysis of Herc Rentals
15.4.4 Herc Rentals Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.5 Loxam
15.5.1 Company Profile
15.5.2 Main Business and Industrial & Construction Equipment Rental Information
15.5.3 SWOT Analysis of Loxam
15.5.4 Loxam Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.6 Kanamoto
15.6.1 Company Profile
15.6.2 Main Business and Industrial & Construction Equipment Rental Information
15.6.3 SWOT Analysis of Kanamoto
15.6.4 Kanamoto Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.7 NISHIO GROUP
15.7.1 Company Profile
15.7.2 Main Business and Industrial & Construction Equipment Rental Information
15.7.3 SWOT Analysis of NISHIO GROUP
15.7.4 NISHIO GROUP Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.8 Nikken
15.8.1 Company Profile
15.8.2 Main Business and Industrial & Construction Equipment Rental Information
15.8.3 SWOT Analysis of Nikken
15.8.4 Nikken Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.9 H&E
15.9.1 Company Profile
15.9.2 Main Business and Industrial & Construction Equipment Rental Information
15.9.3 SWOT Analysis of H&E
15.9.4 H&E Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.10 Home Depot
15.10.1 Company Profile
15.10.2 Main Business and Industrial & Construction Equipment Rental Information
15.10.3 SWOT Analysis of Home Depot
15.10.4 Home Depot Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.11 Maxim Crane
15.11.1 Company Profile
15.11.2 Main Business and Industrial & Construction Equipment Rental Information
15.11.3 SWOT Analysis of Maxim Crane
15.11.4 Maxim Crane Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.12 Cramo
15.12.1 Company Profile
15.12.2 Main Business and Industrial & Construction Equipment Rental Information
15.12.3 SWOT Analysis of Cramo
15.12.4 Cramo Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.13 Kiloutou
15.13.1 Company Profile
15.13.2 Main Business and Industrial & Construction Equipment Rental Information
15.13.3 SWOT Analysis of Kiloutou
15.13.4 Kiloutou Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.14 Taiyo Kenki Rental
15.14.1 Company Profile
15.14.2 Main Business and Industrial & Construction Equipment Rental Information
15.14.3 SWOT Analysis of Taiyo Kenki Rental
15.14.4 Taiyo Kenki Rental Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.15 Coates Hire Ltd
15.15.1 Company Profile
15.15.2 Main Business and Industrial & Construction Equipment Rental Information
15.15.3 SWOT Analysis of Coates Hire Ltd
15.15.4 Coates Hire Ltd Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.16 Sarens
15.16.1 Company Profile
15.16.2 Main Business and Industrial & Construction Equipment Rental Information
15.16.3 SWOT Analysis of Sarens
15.16.4 Sarens Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.17 Boels Verhuur
15.17.1 Company Profile
15.17.2 Main Business and Industrial & Construction Equipment Rental Information
15.17.3 SWOT Analysis of Boels Verhuur
15.17.4 Boels Verhuur Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.18 Sunstate Equipment
15.18.1 Company Profile
15.18.2 Main Business and Industrial & Construction Equipment Rental Information
15.18.3 SWOT Analysis of Sunstate Equipment
15.18.4 Sunstate Equipment Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.19 Zeppelin Group
15.19.1 Company Profile
15.19.2 Main Business and Industrial & Construction Equipment Rental Information
15.19.3 SWOT Analysis of Zeppelin Group
15.19.4 Zeppelin Group Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
15.20 Zhejiang Haikong Nanke Huatie
15.20.1 Company Profile
15.20.2 Main Business and Industrial & Construction Equipment Rental Information
15.20.3 SWOT Analysis of Zhejiang Haikong Nanke Huatie
15.20.4 Zhejiang Haikong Nanke Huatie Industrial & Construction Equipment Rental Revenue, Gross Margin and Market Share (2020-2025)
Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Industrial & Construction Equipment Rental Report
Table Data Sources of Industrial & Construction Equipment Rental Report
Table Major Assumptions of Industrial & Construction Equipment Rental Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Industrial & Construction Equipment Rental Picture
Table Industrial & Construction Equipment Rental Classification
Table Industrial & Construction Equipment Rental Applications
Table Drivers of Industrial & Construction Equipment Rental Market
Table Restraints of Industrial & Construction Equipment Rental Market
Table Opportunities of Industrial & Construction Equipment Rental Market
Table Threats of Industrial & Construction Equipment Rental Market
Table COVID-19 Impact For Industrial & Construction Equipment Rental Market
Table Raw Materials Suppliers
Table Different Production Methods of Industrial & Construction Equipment Rental
Table Cost Structure Analysis of Industrial & Construction Equipment Rental
Table Key End Users
Table Latest News of Industrial & Construction Equipment Rental Market
Table Merger and Acquisition
Table Planned/Future Project of Industrial & Construction Equipment Rental Market
Table Policy of Industrial & Construction Equipment Rental Market
Table 2020-2030 North America Industrial & Construction Equipment Rental Market Size
Figure 2020-2030 North America Industrial & Construction Equipment Rental Market Size and CAGR
Table 2020-2030 North America Industrial & Construction Equipment Rental Market Size by Application
Table 2020-2025 North America Industrial & Construction Equipment Rental Key Players Revenue
Table 2020-2025 North America Industrial & Construction Equipment Rental Key Players Market Share
Table 2020-2030 North America Industrial & Construction Equipment Rental Market Size by Type
Table 2020-2030 United States Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Canada Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Mexico Industrial & Construction Equipment Rental Market Size
Table 2020-2030 South America Industrial & Construction Equipment Rental Market Size
Figure 2020-2030 South America Industrial & Construction Equipment Rental Market Size and CAGR
Table 2020-2030 South America Industrial & Construction Equipment Rental Market Size by Application
Table 2020-2025 South America Industrial & Construction Equipment Rental Key Players Revenue
Table 2020-2025 South America Industrial & Construction Equipment Rental Key Players Market Share
Table 2020-2030 South America Industrial & Construction Equipment Rental Market Size by Type
Table 2020-2030 Brazil Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Argentina Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Chile Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Peru Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Asia & Pacific Industrial & Construction Equipment Rental Market Size
Figure 2020-2030 Asia & Pacific Industrial & Construction Equipment Rental Market Size and CAGR
Table 2020-2030 Asia & Pacific Industrial & Construction Equipment Rental Market Size by Application
Table 2020-2025 Asia & Pacific Industrial & Construction Equipment Rental Key Players Revenue
Table 2020-2025 Asia & Pacific Industrial & Construction Equipment Rental Key Players Market Share
Table 2020-2030 Asia & Pacific Industrial & Construction Equipment Rental Market Size by Type
Table 2020-2030 China Industrial & Construction Equipment Rental Market Size
Table 2020-2030 India Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Japan Industrial & Construction Equipment Rental Market Size
Table 2020-2030 South Korea Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Southeast Asia Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Australia Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Europe Industrial & Construction Equipment Rental Market Size
Figure 2020-2030 Europe Industrial & Construction Equipment Rental Market Size and CAGR
Table 2020-2030 Europe Industrial & Construction Equipment Rental Market Size by Application
Table 2020-2025 Europe Industrial & Construction Equipment Rental Key Players Revenue
Table 2020-2025 Europe Industrial & Construction Equipment Rental Key Players Market Share
Table 2020-2030 Europe Industrial & Construction Equipment Rental Market Size by Type
Table 2020-2030 Germany Industrial & Construction Equipment Rental Market Size
Table 2020-2030 France Industrial & Construction Equipment Rental Market Size
Table 2020-2030 United Kingdom Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Italy Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Spain Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Belgium Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Netherlands Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Austria Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Poland Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Russia Industrial & Construction Equipment Rental Market Size
Table 2020-2030 MEA Industrial & Construction Equipment Rental Market Size
Figure 2020-2030 MEA Industrial & Construction Equipment Rental Market Size and CAGR
Table 2020-2030 MEA Industrial & Construction Equipment Rental Market Size by Application
Table 2020-2025 MEA Industrial & Construction Equipment Rental Key Players Revenue
Table 2020-2025 MEA Industrial & Construction Equipment Rental Key Players Market Share
Table 2020-2030 MEA Industrial & Construction Equipment Rental Market Size by Type
Table 2020-2030 Egypt Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Israel Industrial & Construction Equipment Rental Market Size
Table 2020-2030 South Africa Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Gulf Cooperation Council Countries Industrial & Construction Equipment Rental Market Size
Table 2020-2030 Turkey Industrial & Construction Equipment Rental Market Size
Table 2020-2025 Global Industrial & Construction Equipment Rental Market Size by Region
Table 2020-2025 Global Industrial & Construction Equipment Rental Market Size Share by Region
Table 2020-2025 Global Industrial & Construction Equipment Rental Market Size by Application
Table 2020-2025 Global Industrial & Construction Equipment Rental Market Share by Application
Table 2020-2025 Global Industrial & Construction Equipment Rental Key Vendors Revenue
Figure 2020-2025 Global Industrial & Construction Equipment Rental Market Size and Growth Rate
Table 2020-2025 Global Industrial & Construction Equipment Rental Key Vendors Market Share
Table 2020-2025 Global Industrial & Construction Equipment Rental Market Size by Type
Table 2020-2025 Global Industrial & Construction Equipment Rental Market Share by Type
Table 2025-2030 Global Industrial & Construction Equipment Rental Market Size by Region
Table 2025-2030 Global Industrial & Construction Equipment Rental Market Size Share by Region
Table 2025-2030 Global Industrial & Construction Equipment Rental Market Size by Application
Table 2025-2030 Global Industrial & Construction Equipment Rental Market Share by Application
Table 2025-2030 Global Industrial & Construction Equipment Rental Key Vendors Revenue
Figure 2025-2030 Global Industrial & Construction Equipment Rental Market Size and Growth Rate
Table 2025-2030 Global Industrial & Construction Equipment Rental Key Vendors Market Share
Table 2025-2030 Global Industrial & Construction Equipment Rental Market Size by Type
Table 2025-2030 Industrial & Construction Equipment Rental Global Market Share by Type

Companies Mentioned

  • United Rentals
  • Ashtead Group
  • AKTIO Corporation
  • Herc Rentals
  • Loxam
  • Kanamoto
  • NISHIO GROUP
  • Nikken
  • H&E
  • Home Depot
  • Maxim Crane
  • Cramo
  • Kiloutou
  • Taiyo Kenki Rental
  • Coates Hire Ltd
  • Sarens
  • Boels Verhuur
  • Sunstate Equipment
  • Zeppelin Group
  • Zhejiang Haikong Nanke Huatie