Construction Equipment Rental Market Size, Share, and Trends 2024 to 2034

The global construction equipment rental market size is calculated at USD 113.61 billion in 2025 and is forecasted to reach around USD 168.37 billion by 2034, accelerating at a CAGR of 4.43% from 2025 to 2034. The North America construction equipment rental market size surpassed USD 34.92 billion in 2024 and is expanding at a CAGR of 4.59% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1078
  • Category : Machinery and Equipment

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Construction Equipment Rental Market, By Product

7.1. Construction Equipment Rental Market, by Product Type, 2024-2033
7.1.1. Material Handling Machinery
7.1.1.1. Shelves
7.1.1.2. Bins
7.1.1.3. Silos
7.1.1.4. Conveyors
7.1.1.5. Others
7.1.1.6. Market Revenue and Forecast (2021-2033)
7.1.2. Earth Moving Machinery Concrete
7.1.2.1. Excavators
7.1.2.2. Loading shovels
7.1.2.3. Dump trucks
7.1.2.4. Others
7.1.2.5. Market Revenue and Forecast (2021-2033)
7.1.3. Concrete and Road Construction Machinery
7.1.3.1. Pavers
7.1.3.2. Trenchers
7.1.3.3. Planers
7.1.3.4. Rollers
7.1.3.5. Hot boxes
7.1.3.6. Others
7.1.3.7. Market Revenue and Forecast (2021-2033)

Chapter 8. Global Construction Equipment Rental Market, Regional Estimates and Trend Forecast

8.1. North America
8.1.1. Market Revenue and Forecast, by Product (2021-2033)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Product (2021-2033)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Product (2021-2033)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Product (2021-2033)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Product (2021-2033)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Product (2021-2033)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Product (2021-2033)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Product (2021-2033)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Product (2021-2033)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Product (2021-2033)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Product (2021-2033)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Product (2021-2033)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Product (2021-2033)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Product (2021-2033)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Product (2021-2033)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Product (2021-2033)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Product (2021-2033)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Product (2021-2033)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Product (2021-2033)

Chapter 9. Company Profiles

9.1. JCB
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Zahid Group
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. Industrial Supplies Development Co. Ltd
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Ahern Equipment Rentals
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. John Deere
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. Caterpillar Inc.
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Gemini Equipment and Rentals (GEAR)
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Hertz Equipment
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Komatsu Equipment
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Maxim Crane Works
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
9.11. Neff Rental
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives

Chapter 10. Research Methodology

10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions

Chapter 11. Appendix

11.1. About Us
11.2. Glossary of Terms

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Frequently Asked Questions

The global construction equipment rental market was valued at USD 109.14 billion in 2024 and to reach over USD 168.37 billion by 2034.

The global construction equipment rental market is projected to grow at a CAGR of 4.43% during forecast period 2025 to 2034.

Some of the business players functioning construction equipment rental market share are Cramo PLC., Loxam Group,United Rentals, Inc., Mtandt Rentals Limited, Nesco Rentals,The Hertz Corporation, Caterpillar Inc., Unirent LLC, Ahern Rentals Inc., Boels Rental, Aktio Corporation and others.

North America dominated the global market with prevalent revenue share of over 32% in 2024 and this growth is credited to existence of noticeable rental companies operating in the U.S. and Canada.

Escalating rate of implementation construction equipment in the rental services on account of technological enrichments offered by the original equipment manufacturers is propelling the growth of global rental construction equipment market.

The earthmoving machinery led the global construction equipment rental market in 2024.

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