Global Electric Tool Rentals Market Growth (Status and Outlook) 2025-2031

The global Electric Tool Rentals market size is predicted to grow from US$ 207 million in 2025 to US$ 266 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

The electric tool rentals market is a segment of the equipment rental industry that focuses on providing rental services for various electric-powered tools and equipment. Electric tools are commonly used in construction, manufacturing, maintenance, and other industries due to their convenience, power, and efficiency. Renting electric tools allows businesses and individuals to access a wide range of equipment without the need for large upfront investments or long-term commitments.

The global electric tool rentals market has experienced steady growth in recent years, driven by several factors:

Cost-Effectiveness: Renting electric tools can be more cost-effective compared to purchasing, especially for businesses with occasional or short-term project needs. Renting eliminates the need for capital investment, maintenance costs, repairs, and storage expenses.

Flexibility and Convenience: Rental services provide flexibility in terms of equipment selection and availability. It allows businesses to quickly adapt to changing project requirements while accessing the latest and specialized electric tools for specific tasks.

Wide Range of Equipment: The electric tool rental market offers a diverse range of equipment, including power drills, saws, sanders, grinders, polishers, nail guns, and more. This variety ensures that customers can find the appropriate tools for their specific applications.

Reduced Maintenance Hassles: Renting electric tools eliminates the responsibility of maintaining and repairing equipment. Rental companies typically take care of maintenance, ensuring that the tools are in good working condition when rented out.

Environmental Considerations: The increasing focus on sustainability and reducing carbon emissions has led businesses to opt for electric tools over traditional gas-powered alternatives. Renting electric tools allows users to access eco-friendly equipment without the need for long-term ownership.

LPI (LP Information)' newest research report, the “Electric Tool Rentals Industry Forecast” looks at past sales and reviews total world Electric Tool Rentals sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Tool Rentals sales for 2025 through 2031. With Electric Tool Rentals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Tool Rentals industry.

This Insight Report provides a comprehensive analysis of the global Electric Tool Rentals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Electric Tool Rentals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Tool Rentals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Tool Rentals 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 Electric Tool Rentals.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Tool Rentals market by product type, application, key players and key regions and countries.

Segmentation by Type:
Daily Rent
Weekly Rent
Monthly Rent
Other

Segmentation by Application:
Household
Commercial

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.
TOOL2GO (Bosch)
Sunbelt Rentals
United Rentals
The Home Depot
Lowe's
Toromont Industries Ltd
Ohio Power Tool
Cooper Equipment Rentals
Aktio Corporation
Select Equipment Rentals
Redi Rental
LOU-TEC
Arapahoe Rental
Zhenyu Hardware

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