How big is the Construction Equipment Rental Market?

The Construction Equipment Rental Market size is expected to reach USD 134.88 billion in 2024 and grow at a CAGR of 4.85% to reach USD 170.92 billion by 2029. Read More

What is the current Construction Equipment Rental Market size?

In 2024, the Construction Equipment Rental Market size is expected to reach USD 134.88 billion. Read More

Who are the key players in Construction Equipment Rental Market?

Herc Rentals, H&E Equipment Services, United Rentals Inc., Ashtead Group PLC and Loxam Group are the major companies operating in the Construction Equipment Rental Market. Read More

Which is the fastest growing region in Construction Equipment Rental Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Construction Equipment Rental Market?

In 2024, the Asia-Pacific accounts for the largest market share in Construction Equipment Rental Market. Read More

What years does this Construction Equipment Rental Market cover, and what was the market size in 2023?

In 2023, the Construction Equipment Rental Market size was estimated at USD 128.34 billion. The report covers the Construction Equipment Rental Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Construction Equipment Rental Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the challenges facing the Construction Equipment Rental Market?

The key challenges in the Construction Equipment Rental Market are: a) Management of a vast inventory b) Maintaining equipment in good working condition c) Adapting to the latest technological advancements to meet customer demands Read More

What types of Construction Equipment are most commonly rented?

Earthmoving equipment, such as excavators and backhoes, along with material handling equipment like forklifts, are among the most rented items due to their wide range of applications in construction. Read More

Construction Equipment Rental Market Share

Statistics for the 2023 & 2024 Construction Equipment Rental market share, created by Mordor Intelligence™ Industry Reports. Construction Equipment Rental share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Construction Equipment Rental Industry

The automotive battery management system market is consolidated and led by globally and regionally established players. The companies adopt new product launches, collaborations, and mergers to sustain their market positions.

In December 2022, Texas First Rentals®, a division of HOLT, announced that it acquired Rental One, a full-service equipment and storage container rental company offering a complete line of construction equipment and supplies in 15 locations throughout the Dallas-Fort Worth Metroplex and Central Texas regions.

Some of the major players in the market include United Rentals Inc., Ashtead Group PLC, Herc Rentals, H&E Equipment Services, Loxaman, and Kanamoto Co. Ltd.