Australia Construction Equipment Rental Market Size, Share Analysis and Forecast Report (2025-2034)

The Australia Construction Equipment Rental Market was valued at AUD 3.17 Billion in 2025, and is projected to reach AUD 5.41 Billion by 2034, rising at a CAGR of 5.50%.

The availability of wide range of cost-effective a rental options for construction machinery is favourably shaping the Australia construction equipment rental market dynamics. Construction equipment rental allows construction companies to access a wide range of specialised machinery and tools without the capital investment and ongoing maintenance costs associated with ownership. It provides flexibility, cost-effectiveness, and the ability to scale resources according to project needs, making it a preferred option in the construction industry.

The construction equipment rental market is divided into earthmoving equipment, material handling, and others based on the vehicle type. Renting earthmoving equipment, such as excavators and loaders, is more cost-effective for construction companies compared to purchasing, especially for short-term projects. Earthmoving equipment rental offers the flexibility to scale up or down based on project needs, allowing companies to manage resources effectively without long-term commitments.

In November 2023, Volvo Construction Equipment launched its inaugural line of zero-emission construction machines in Australia. These machines offer comparable performance to their diesel counterparts while providing a quieter, smoother operation and a more ergonomic work environment.

The Australia construction equipment rental market developments are being guided by the increasing adoption of telematics and IoT for fleet management, improving equipment efficiency and maintenance scheduling. Moreover, the introduction of hybrid and electric construction machinery is taking place to reduce environmental impact and operating costs.

This report offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Wheel Loader
• Crane
• Excavator
• Bulldozer
• Dump Truck
• Diesel Genset
• Motor Grader and Telescopic Handler
• Others

Market Breakup by Vehicle Type

• Earthmoving Equipment
• Material Handling
• Others

Market Breakup by Propulsion Type

• IC Engine
• Hybrid Drive

Market Breakup by End Use

• Residential
• Commercial
• Industrial

Market Breakup by Distribution Channel

• Speciality Stores
• Online
• Others

Market Breakup by Region

• New South Wales
• Victoria
• Queensland
• Australian Capital Territory
• Western Australia
• Others

Australia Construction Equipment Rental Market Share

IC engine drives Australia’s construction equipment rental market due to their versatility, robust performance, reliability, wide availability, familiarity among users, cost-effectiveness, and strong demand for handling various construction tasks effectively.

Leading Companies in the Australia Construction Equipment Rental Market

The growth of the construction equipment rental market is fueled by technology integration, the rise of hybrid and electric equipment, the implementation of rental software solutions, a focus on safety and ergonomics, and digitalization in construction.

• Onsite Rental Group Limited
• Allcott Hire Pty Ltd
• Brooks Hire Service Pty Ltd
• Porter Group Ltd
• WesTrac Pty Ltd
• Hire Pty Limited
• Others