The Construction Equipment Rental Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the Construction Equipment Rental Industry?
The Global Construction Equipment Rental Market size is expected to rise at a CAGR of around 5.8% during the forecast period 2024-2030.
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Construction Equipment Rental Market Trend:
Shifting Trend Towards Rental Services – Rental services have become a popular trend due to various factors such as the growth of infrastructure development, expansion in construction activities, and increasing demand for advanced equipment and machinery across several end-use industries, including agriculture, residential real estate, the oil & gas sector, the mining industry, manufacturing facilities, forestry operations, sports & entertainment venues, commercial properties, government projects at the municipal level, transportation & logistics networks, etc.
Rental services for construction equipment have seen increased demand within the mining sector. The demand for rental services of these machines is increasing due to their versatility in performing tasks such as ground preparation, excavation work, material haulage or dumping/laying procedures, and road-building activities. Earth-moving machinery stands out among the different types used in this sector because it has higher rental usage rates globally.
Competitor Breakdown: Top Construction Equipment Rental Companies 2024-2030
- Caterpillar Inc.
- United Rentals, Inc.
- Sennebogen
- Komatsu Ltd.
- CNH Industrial N.V.
- Loxam
- Ramirent Plc.
- Zoomlion Heavy Industry Science and Technology Co., Ltd.
- Herc Rentals Inc.
- H&E Equipment Service
- Nishio Rent All Co. Ltd.
- Nikken Corporation
- Sunbelt
- Taiyokenki Rental Co., Ltd.
- AKTIO Corporation
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Regional Analysis:
North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Share of each region segment in the Market
- Potential growth opportunities in the region
- The growth rate of the region in the Industry
Breaking Down the Construction Equipment Rental Market Segmentation:
By Equipment Type
- Earthmoving Equipment- Market Size & Forecast 2019-2030, (USD Million)
- Material Handling Equipment- Market Size & Forecast 2019-2030, (USD Million)
- Concrete and Road Construction- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Product Type
- Excavator- Market Size & Forecast 2019-2030, (USD Million)
- Loader- Market Size & Forecast 2019-2030, (USD Million)
- Grader- Market Size & Forecast 2019-2030, (USD Million)
- Bulldozer- Market Size & Forecast 2019-2030, (USD Million)
- Road Roller- Market Size & Forecast 2019-2030, (USD Million)
- Tipper- Market Size & Forecast 2019-2030, (USD Million)
- Forklifts- Market Size & Forecast 2019-2030, (USD Million)
- Cranes- Market Size & Forecast 2019-2030, (USD Million)
- Diesel Generator- Market Size & Forecast 2019-2030, (USD Million)
- Concrete Pumps- Market Size & Forecast 2019-2030, (USD Million)
- Concrete Mixers- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Application
- Residential- Market Size & Forecast 2019-2030, (USD Million)
- Commercial- Market Size & Forecast 2019-2030, (USD Million)
- Industrial- Market Size & Forecast 2019-2030, (USD Million)
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