Construction and Industrial Equipment Rent Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application, Product Type

February 2025 | 102 pages | ID: C8CB25D6E476EN
Prof Research

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Overview
The Construction and Industrial Equipment Rental Market is poised for significant growth, driven by the increasing demand for efficient equipment leasing in both residential and non-residential sectors. The global emphasis on sustainability and cost-effective operations is steering more companies towards renting rather than purchasing equipment outright.

Market Size
As of 2023, the Construction and Industrial Equipment Rental Market was valued at approximately $60 billion. It is projected to grow at a Compound Annual Growth Rate (CAGR) of around 7.5%, reaching an estimated size of $90 billion by 2030. This growth can be attributed to advancements in technology, increasing urbanization, and the need for temporary equipment during construction projects.

Share & Trends Analysis Report

By Product Type

Aerial Work Platforms: This segment dominates the market with a share of about 25% in 2023 and is expected to grow significantly as safety regulations in construction increase.
Earthmoving Equipment: Earthmoving machinery holds about 20% of the market. It is seeing consistent demand as infrastructure projects expand globally.
General Equipment: This includes tools and machinery used across various construction sectors, contributing roughly 15% to the overall market.
Material Handling: Representing around 10% of the market, material handling equipment is vital for efficient logistics in construction.
Construction Equipment: Includes specialized equipment used for constructing buildings and other structures, contributing another 15%.
Light Equipment: Accounts for about 10% of the market as lightweight tools become increasingly popular for smaller projects.
Others: This includes niche products and accounts for 5% of the market share.


By Key Players
Major players in the construction and industrial equipment rental market include:

Trane
Carrier
Daikin
United Rentals
Ashtead
Aggreko
Caterpillar
Herc Rentals Inc.
H&E Equipment Services
Home Depot
Ahern


By Process
The rental process in construction typically involves request-based rentals, contractual agreements, and onsite equipment management, ensuring adaptability to project demands. Companies are increasingly adopting blockchain and IoT technologies to streamline these processes.

By Application

Residential Construction: This segment is anticipated to grow at a rate of 6%-8%, driven by new housing developments and renovations.
Non-Residential Construction: Expected to witness the highest growth rate at around 8%-10%, fueled by commercial and infrastructure projects.
Industrial: A stable sector, with growth projected at around 5%-7%, focusing on manufacturing and heavy industry.
Others: Such as government projects, contributing to approximately 3% of the market.


By End-Use
Key end-use markets include construction, utilities, and infrastructure, with construction leading due to heightened urban development initiatives.

By Region
The regional analysis presents distinct trends:

North America: The largest market, with a share of about 30%, is supported by extensive infrastructure projects and a strong rental culture.
Europe: Holds around 25% of the market, with increasing focus on sustainability in construction driving rental demand.
Asia-Pacific: Rapidly growing, accounting for about 28%, due to rising industrial activity and urbanization rates.
Latin America: Faces moderate growth at around 6%, significantly from Brazil and Mexico.
Middle East & Africa: Expected to see the fastest growth, at around 9% annually, driven by large-scale projects in the region.


Market News on Policy and Companies
Recent policies promoting infrastructure investment and renewable energy projects are set to enhance the construction equipment rental market. Significant investments made by players like United Rentals are aimed at expanding their fleet and adopting advanced rental management technologies. Moreover, ongoing efforts to reduce carbon emissions in construction have led to increased demand for electric and hybrid construction equipment.

Segment Forecasts: 2025 - 2030
Looking forward, the Construction and Industrial Equipment Rental Market is anticipated to expand across all segments as various trends unfold:

Aerial Work Platforms: Expected to grow at a CAGR of 9%-11% due to cross-sector safety requirements.
Earthmoving Equipment: Projected increase of 6%-8% in line with ongoing civil engineering projects.
Material Handling: Anticipated growth rate of around 7% as e-commerce continues to drive logistic needs.
Light Equipment: Expected growth of over 6% with demand rising for small-scale construction tools.
Market Consolidation: An increase in mergers and acquisitions is predicted, improving fleet efficiency among leading companies.


CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 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 Four 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 Construction and Industrial Equipment Rent 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 CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET IN NORTH AMERICA (2020-2030)

8.1 Construction and Industrial Equipment Rent Market Size
8.2 Construction and Industrial Equipment Rent Market by End Use
8.3 Competition by Players/Suppliers
8.4 Construction and Industrial Equipment Rent 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 CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET IN SOUTH AMERICA (2020-2030)

9.1 Construction and Industrial Equipment Rent Market Size
9.2 Construction and Industrial Equipment Rent Market by End Use
9.3 Competition by Players/Suppliers
9.4 Construction and Industrial Equipment Rent 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 CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET IN ASIA & PACIFIC (2020-2030)

10.1 Construction and Industrial Equipment Rent Market Size
10.2 Construction and Industrial Equipment Rent Market by End Use
10.3 Competition by Players/Suppliers
10.4 Construction and Industrial Equipment Rent 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 Southest Asia
  10.5.6 Australia

CHAPTER 11 HISTORICAL AND FORECAST CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET IN EUROPE (2020-2030)

11.1 Construction and Industrial Equipment Rent Market Size
11.2 Construction and Industrial Equipment Rent Market by End Use
11.3 Competition by Players/Suppliers
11.4 Construction and Industrial Equipment Rent 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 CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET IN MEA (2020-2030)

12.1 Construction and Industrial Equipment Rent Market Size
12.2 Construction and Industrial Equipment Rent Market by End Use
12.3 Competition by Players/Suppliers
12.4 Construction and Industrial Equipment Rent 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 CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET (2020-2025)

13.1 Construction and Industrial Equipment Rent Market Size
13.2 Construction and Industrial Equipment Rent Market by End Use
13.3 Competition by Players/Suppliers
13.4 Construction and Industrial Equipment Rent Market Size by Type

CHAPTER 14 GLOBAL CONSTRUCTION AND INDUSTRIAL EQUIPMENT RENT MARKET FORECAST (2025-2030)

14.1 Construction and Industrial Equipment Rent Market Size Forecast
14.2 Construction and Industrial Equipment Rent Application Forecast
14.3 Competition by Players/Suppliers
14.4 Construction and Industrial Equipment Rent Type Forecast

CHAPTER 15 ANALYSIS OF GLOBAL KEY VENDORS

15.1 Trane
  15.1.1 Company Profile
  15.1.2 Main Business and Construction and Industrial Equipment Rent Information
  15.1.3 SWOT Analysis of Trane
  15.1.4 Trane Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.2 Carrier
  15.2.1 Company Profile
  15.2.2 Main Business and Construction and Industrial Equipment Rent Information
  15.2.3 SWOT Analysis of Carrier
  15.2.4 Carrier Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.3 Daikin
  15.3.1 Company Profile
  15.3.2 Main Business and Construction and Industrial Equipment Rent Information
  15.3.3 SWOT Analysis of Daikin
  15.3.4 Daikin Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.4 United Rentals
  15.4.1 Company Profile
  15.4.2 Main Business and Construction and Industrial Equipment Rent Information
  15.4.3 SWOT Analysis of United Rentals
  15.4.4 United Rentals Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.5 Ashtead
  15.5.1 Company Profile
  15.5.2 Main Business and Construction and Industrial Equipment Rent Information
  15.5.3 SWOT Analysis of Ashtead
  15.5.4 Ashtead Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.6 Aggreko
  15.6.1 Company Profile
  15.6.2 Main Business and Construction and Industrial Equipment Rent Information
  15.6.3 SWOT Analysis of Aggreko
  15.6.4 Aggreko Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.7 Caterpillar
  15.7.1 Company Profile
  15.7.2 Main Business and Construction and Industrial Equipment Rent Information
  15.7.3 SWOT Analysis of Caterpillar
  15.7.4 Caterpillar Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.8 Herc Rentals Inc.
  15.8.1 Company Profile
  15.8.2 Main Business and Construction and Industrial Equipment Rent Information
  15.8.3 SWOT Analysis of Herc Rentals Inc.
  15.8.4 Herc Rentals Inc. Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.9 H&E Equipment Services
  15.9.1 Company Profile
  15.9.2 Main Business and Construction and Industrial Equipment Rent Information
  15.9.3 SWOT Analysis of H&E Equipment Services
  15.9.4 H&E Equipment Services Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
15.10 Home Depot
  15.10.1 Company Profile
  15.10.2 Main Business and Construction and Industrial Equipment Rent Information
  15.10.3 SWOT Analysis of Home Depot
  15.10.4 Home Depot Construction and Industrial Equipment Rent Revenue, Gross Margin and Market Share (2020-2025)
Please ask for sample pages for full companies list
Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Construction and Industrial Equipment Rent Report
Table Data Sources of Construction and Industrial Equipment Rent Report
Table Major Assumptions of Construction and Industrial Equipment Rent Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Construction and Industrial Equipment Rent Picture
Table Construction and Industrial Equipment Rent Classification
Table Construction and Industrial Equipment Rent Applications
Table Drivers of Construction and Industrial Equipment Rent Market
Table Restraints of Construction and Industrial Equipment Rent Market
Table Opportunities of Construction and Industrial Equipment Rent Market
Table Threats of Construction and Industrial Equipment Rent Market
Table Covid-19 Impact For Construction and Industrial Equipment Rent Market
Table Raw Materials Suppliers
Table Different Production Methods of Construction and Industrial Equipment Rent
Table Cost Structure Analysis of Construction and Industrial Equipment Rent
Table Key End Users
Table Latest News of Construction and Industrial Equipment Rent Market
Table Merger and Acquisition
Table Planned/Future Project of Construction and Industrial Equipment Rent Market
Table Policy of Construction and Industrial Equipment Rent Market
Table 2020-2030 North America Construction and Industrial Equipment Rent Market Size
Figure 2020-2030 North America Construction and Industrial Equipment Rent Market Size and CAGR
Table 2020-2030 North America Construction and Industrial Equipment Rent Market Size by Application
Table 2020-2025 North America Construction and Industrial Equipment Rent Key Players Revenue
Table 2020-2025 North America Construction and Industrial Equipment Rent Key Players Market Share
Table 2020-2030 North America Construction and Industrial Equipment Rent Market Size by Type
Table 2020-2030 United States Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Canada Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Mexico Construction and Industrial Equipment Rent Market Size
Table 2020-2030 South America Construction and Industrial Equipment Rent Market Size
Figure 2020-2030 South America Construction and Industrial Equipment Rent Market Size and CAGR
Table 2020-2030 South America Construction and Industrial Equipment Rent Market Size by Application
Table 2020-2025 South America Construction and Industrial Equipment Rent Key Players Revenue
Table 2020-2025 South America Construction and Industrial Equipment Rent Key Players Market Share
Table 2020-2030 South America Construction and Industrial Equipment Rent Market Size by Type
Table 2020-2030 Brazil Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Argentina Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Chile Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Peru Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Asia & Pacific Construction and Industrial Equipment Rent Market Size
Figure 2020-2030 Asia & Pacific Construction and Industrial Equipment Rent Market Size and CAGR
Table 2020-2030 Asia & Pacific Construction and Industrial Equipment Rent Market Size by Application
Table 2020-2025 Asia & Pacific Construction and Industrial Equipment Rent Key Players Revenue
Table 2020-2025 Asia & Pacific Construction and Industrial Equipment Rent Key Players Market Share
Table 2020-2030 Asia & Pacific Construction and Industrial Equipment Rent Market Size by Type
Table 2020-2030 China Construction and Industrial Equipment Rent Market Size
Table 2020-2030 India Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Japan Construction and Industrial Equipment Rent Market Size
Table 2020-2030 South Korea Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Southeast Asia Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Australia Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Europe Construction and Industrial Equipment Rent Market Size
Figure 2020-2030 Europe Construction and Industrial Equipment Rent Market Size and CAGR
Table 2020-2030 Europe Construction and Industrial Equipment Rent Market Size by Application
Table 2020-2025 Europe Construction and Industrial Equipment Rent Key Players Revenue
Table 2020-2025 Europe Construction and Industrial Equipment Rent Key Players Market Share
Table 2020-2030 Europe Construction and Industrial Equipment Rent Market Size by Type
Table 2020-2030 Germany Construction and Industrial Equipment Rent Market Size
Table 2020-2030 France Construction and Industrial Equipment Rent Market Size
Table 2020-2030 United Kingdom Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Italy Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Spain Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Belgium Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Netherlands Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Austria Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Poland Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Russia Construction and Industrial Equipment Rent Market Size
Table 2020-2030 MEA Construction and Industrial Equipment Rent Market Size
Figure 2020-2030 MEA Construction and Industrial Equipment Rent Market Size and CAGR
Table 2020-2030 MEA Construction and Industrial Equipment Rent Market Size by Application
Table 2020-2025 MEA Construction and Industrial Equipment Rent Key Players Revenue
Table 2020-2025 MEA Construction and Industrial Equipment Rent Key Players Market Share
Table 2020-2030 MEA Construction and Industrial Equipment Rent Market Size by Type
Table 2020-2030 Egypt Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Israel Construction and Industrial Equipment Rent Market Size
Table 2020-2030 South Africa Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Gulf Cooperation Council Countries Construction and Industrial Equipment Rent Market Size
Table 2020-2030 Turkey Construction and Industrial Equipment Rent Market Size
Table 2020-2025 Global Construction and Industrial Equipment Rent Market Size by Region
Table 2020-2025 Global Construction and Industrial Equipment Rent Market Size Share by Region
Table 2020-2025 Global Construction and Industrial Equipment Rent Market Size by Application
Table 2020-2025 Global Construction and Industrial Equipment Rent Market Share by Application
Table 2020-2025 Global Construction and Industrial Equipment Rent Key Vendors Revenue
Figure 2020-2025 Global Construction and Industrial Equipment Rent Market Size and Growth Rate
Table 2020-2025 Global Construction and Industrial Equipment Rent Key Vendors Market Share
Table 2020-2025 Global Construction and Industrial Equipment Rent Market Size by Type
Table 2020-2025 Global Construction and Industrial Equipment Rent Market Share by Type
Table 2025-2030 Global Construction and Industrial Equipment Rent Market Size by Region
Table 2025-2030 Global Construction and Industrial Equipment Rent Market Size Share by Region
Table 2025-2030 Global Construction and Industrial Equipment Rent Market Size by Application
Table 2025-2030 Global Construction and Industrial Equipment Rent Market Share by Application
Table 2025-2030 Global Construction and Industrial Equipment Rent Key Vendors Revenue
Figure 2025-2030 Global Construction and Industrial Equipment Rent Market Size and Growth Rate
Table 2025-2030 Global Construction and Industrial Equipment Rent Key Vendors Market Share
Table 2025-2030 Global Construction and Industrial Equipment Rent Market Size by Type
Table 2025-2030 Construction and Industrial Equipment Rent Global Market Share by Type


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