Global Construction Machinery Equipment Rental Service Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Construction Machinery Equipment Rental Service market size was valued at US$ 136460 million in 2024 and is forecast to a readjusted size of USD 183790 million by 2031 with a CAGR of 4.4% during review period.

The leasing of construction machinery and equipment is an operating lease, that is, the operation mode of purchasing equipment for the lessor, providing the lessee with the equipment and the right to use it, and also providing other specialized services such as equipment repair and maintenance.

In 2020, the market was negatively impacted by COVID-19 as construction activities were halted during the lockdown to curb the spread of the virus and maintain social distancing norms. Still, demand is regaining momentum as the economy steadily reopens to get GDP growth back on track. The government is increasing spending on construction activities, which in turn may drive the demand for construction equipment rental services.

The US government passed the Infrastructure Investment and Jobs Act. The bill costs $1.2 trillion, with $550 billion for transportation, broadband and utilities, $110 billion for roads, bridges and other major infrastructure projects, and $40 billion for bridge repair and replacement. The bill also includes more than $65 billion in electricity infrastructure funding, including $29 billion for the grid. The Act authorizes the federal government to invest in various infrastructure projects that are expected to increase demand for construction services, equipment and materials. As a result, construction spending will increase by 5% in 2022 and 5.5% in 2023.

The key factor driving the growth of the market in the medium term is the expanding construction industry, especially in developing countries, due to several growth opportunities in the residential, non-residential, and infrastructure segments. For example, increased construction of multi-family housing due to population and urbanization growth (following the growing trend of nuclear households), and increased investment in highway, bridge, subway, smart city, highway, and road construction.

From the perspective of the development of the construction industry, migrant workers are the main labor force in the construction industry. As the number of migrant workers in the industry has continued to decline in recent years and labor costs have continued to rise, "equipment replacing people" has become a development trend in the industry. Huge buildings The industry provides a broad space for the development of machinery and equipment leasing.

From the perspective of market concentration, the North American and European markets are relatively mature, and the market concentration is relatively high. The total market share of the top 10 leasing companies in North America accounts for about 34%; the Asian market is relatively scattered. The share is only 1.2%, and more than 15,000 small and medium-sized players occupy the remaining 98.8% of the market share.

This report is a detailed and comprehensive analysis for global Construction Machinery Equipment Rental Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Construction Machinery Equipment Rental Service market size and forecasts, in consumption value ($ Million), 2020-2031

Global Construction Machinery Equipment Rental Service market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Construction Machinery Equipment Rental Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Construction Machinery Equipment Rental Service market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Construction Machinery Equipment Rental Service

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Construction Machinery Equipment Rental Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Laxyo Energy Ltd, United Rentals, AKTIO Corporation, Caterpillar Inc., Byrne Equipment Rental, Cramo Plc, Ramirent, Zeppelin CZ s.r.o, CNH Global, Finning International Inc., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Construction Machinery Equipment Rental Service market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Earth Moving Machinery
Material Handling Machinery
Road Construction Machinery
Other

Market segment by Application
Construction Engineering
Municipal Engineering
Pavement Engineering
Other

Market segment by players, this report covers
Laxyo Energy Ltd
United Rentals
AKTIO Corporation
Caterpillar Inc.
Byrne Equipment Rental
Cramo Plc
Ramirent
Zeppelin CZ s.r.o
CNH Global
Finning International Inc.
Liebherr-International AG
Kanamoto Co., Ltd.
Maxim Crane Works, L.P.
H&E Equipment Services, Inc
Kiloutou
Sarens n.v
Taiyokenki Rental Co., Ltd.
Boels Rentals
Speedy Hire Pic
Ashtead Group PIc
Herc Holdings Inc.
Nishio Rent All Co. Ltd
Nikken Corporation
PY RENTAL
Zhejiang Zhonghao Construction Machinery Equipment Leasing Co., Ltd.
China Xinxing Construction& Developmen
HORIZON CONSTRUCTION DEVELOPVENT

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Construction Machinery Equipment Rental Service product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Construction Machinery Equipment Rental Service, with revenue, gross margin, and global market share of Construction Machinery Equipment Rental Service from 2020 to 2025.

Chapter 3, the Construction Machinery Equipment Rental Service competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Construction Machinery Equipment Rental Service market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Construction Machinery Equipment Rental Service.

Chapter 13, to describe Construction Machinery Equipment Rental Service research findings and conclusion.