The Construction Equipment Rental Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Construction Equipment Rental Market?
The market size of the Construction Equipment Rental Global Market Report 2024 has seen considerable growth recently. It is projected to increase from $105.1 billion in 2024 to $110.55 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Construction Equipment Rental Industry?
The global construction equipment rental market is projected to reach $137.69 billion by 2029, growing at a compound annual growth rate of 5.6%.
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What are the Key Growth Drivers Fueling the Construction Equipment Rental Market?
The key drivers in the construction equipment rental market are:
• Increasing adoption of rental equipment in various industries
• Growing demand for sustainable and eco-friendly construction equipment
• Preference for operational flexibility and scalability, and financial conservation by businesses
• Increasing use of telematics and IoT in construction equipment rental
Global Market Segmentation: Identifying Major Construction Equipment Rental Industry Segments
The construction equipment rental market covered in this report is segmented –
1) By Equipment: Earthmoving, Material Handling, Road Building And Concrete
2) By Product: Backhoes, Excavators, Loaders, Crawler Dozers, Cranes, Concrete Pumps, Compactors, Transit Mixers, Concrete Mixers
3) By Application: Residential, Commercial, Industrial
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What are the Emerging Trends Shaping the Future of the Construction Equipment Rental Market?
The key trends in the hvac system market are:
• Advancements in technology and logistics infrastructure are shaping the future of the construction equipment rental market.
• Collaborations between rental companies and construction technology providers are emerging as a trend.
• The adoption of advanced rental software for fleet management is gaining traction.
• The emergence of online platforms for equipment rental transactions depicts a potent trend.
Who Are the Top Competitors & Leading Players in the Construction Equipment Rental Market?
Major companies in the construction equipment rental market are:
• H&E Equipment Services Inc.
• Maxim Crane Works LLP
• Boels Rentals NV
• United Rentals Inc.
• Ashtead Group plc
• Loxam Group
• Herc Holdings Inc.
• Aktio Corporation
• Kanamoto Co Ltd.
• Taiyokenki Rental Co. Ltd.
• Cramo Group
• Ramirent PLC
• Kiloutou SAS
• Speedy Hire plc
• Nishio Rent All Co. Ltd.
• The Hertz Corporation
• Ahern Rentals Inc.
• Nikken Corporation
• Sunstate Equipment Co. LLC
• Neff Rental LLC
• BlueLine Rental Holdings Inc.
• BigRentz Inc.
• Sunbelt Rentals Inc.
• The Home Depot Inc.
• Rentals ProContractor
• Herc Rentals Inc.
• Aggreko plc
• NES Rentals Holdings Inc.
• Romco Equipment Co. LLC
• Mobile Mini Inc.
Regional Dominance: Which Area Leads the Global Construction Equipment Rental Market?
North America was the largest region in the construction equipment rental market in 2024
