Global Construction Machinery Leasing Market Growth (Status and Outlook) 2023-2029

Global Construction Machinery Leasing Market Growth (Status and Outlook) 2023-2029

A construction job mandates a large number of heavy machines. There are a number of advantages to lease the construction. Primarily, many contractors want to be able to stay on the cutting edge of technology. New tools are emerging all the time, and leasing equipment means that contractors can utilize the latest products available without taking on extravagant costs. When the lease is up, contractors can simply opt for the newest line of products available.
LPI (LP Information)' newest research report, the “Construction Machinery Leasing Industry Forecast” looks at past sales and reviews total world Construction Machinery Leasing sales in 2022, providing a comprehensive analysis by region and market sector of projected Construction Machinery Leasing sales for 2023 through 2029. With Construction Machinery Leasing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Machinery Leasing industry.
This Insight Report provides a comprehensive analysis of the global Construction Machinery Leasing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Machinery Leasing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Machinery Leasing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Machinery Leasing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Machinery Leasing.
The global Construction Machinery Leasing market size is projected to grow from US$ 85 million in 2022 to US$ 152.7 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.
Global Construction Machinery Leasing key players include United Rentals, Ashtead Group, Aktio Corp, Kanamoto, etc. Global top four manufacturers hold a share over 10%.
United States is the largest market, with a share over 40%, followed by Europe, and Japan, both have a share about 45 percent.
In terms of product, Earth Moving Equipment is the largest segment, with a share over 50%. And in terms of application, the largest application is Commercial, followed by Individual.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Machinery Leasing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Earth Moving Equipment
Material Handling and Cranes
Concrete Equipment
Road Building Equipment
Segmentation by application
Commercial
Individual
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
United Rentals
Ashtead Group
Aktio Corp
Kanamoto
Hertz Equipment Rental
Loxam Group
Blueline Rent
Ahern Rentals
Nishio Rent
Aggreko
Maxim Crane Works
SCMC

Please note: The report will take approximately 2 business days to prepare and deliver.