Machinery Leasing Market Landscape 2025: Forecast Data and Growth Strategy Insights

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How Large Will the Machinery Leasing Market Size By 2025?
Over the past few years, the machinery leasing market has experienced significant growth. With a projected rise from $485.93 billion in 2024 to $530.43 billion in 2025, the market anticipates a compound annual growth rate (CAGR) of 9.2%. This growth within the historical period is ascribed to robust economic growth, expansion in the manufacturing sector, escalated demand from the automobile industry, and increased business from the booming construction activities.

How Big Is the Machinery Leasing Market Size Expected to Grow by 2029?
Over the coming years, substantial growth is predicted in the machinery leasing market size which is estimated to swell to a worth of $731.91 billion in 2029, with a compound annual growth rate (CAGR) of 8.4%. This anticipated growth over the prediction period can be associated with factors such as an increase in healthcare spending, a burgeoning demand from the agricultural sector, and a rise in drilling activities. Noteworthy developments anticipated during the forecast period comprise of strategic alliances and team-ups, the launch of pioneering products, the initiation of digitization platforms, the use of artificial intelligence, and machine learning to boost the efficacy and output of the machinery. Furthermore, a focus on offering Electronic Vehicles (EVs) is envisioned as a preferred solution for eco-aware consumers aiming to diminish their carbon footprint.

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Which Key Market Drivers Powering Machinery Leasing Market Expansion and Growth?
The trend of start-ups evolving into key clients for leasing service providers is anticipated to instigate the growth of the machinery leasing market. With budgetary restrictions often prevalent, start-ups might not possess the necessary funds to buy pricey machinery outright. They can, however, avail the machinery through leasing without making a hefty initial payment, thereby achieving cost efficiency. This is particularly appealing to start-ups aiming to save capital for other vital expenditures such as research and development or marketing. For instance, Fortunly, a US news magazine, reported that the number of start-ups in the US reached 33.2 million in 2022, which demonstrates an increase of 700,000 compared to the previous year, 2021.

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Which Fast-Growing Trends Are Poised to Disrupt the Machinery Leasing Market?
The trend of businesses leasing 3D printing equipment for their manufacturing needs is on the rise. A 3D printer, which fabricates three-dimensional objects using digital data from a computer and custom materials, is revolutionizing the manufacturing industry. Industrial-grade 3D printers, which have the capacity to produce large and precise products from a variety of materials, are gaining popularity as manufacturers become more adept in their use. Leasing such printers can be more cost-effective for manufacturers compared to outright purchase. For example, Divide by Zero Technologies provides leasing options for 3D printers to customers in India.

What Are the Emerging Segments in the Machinery Leasing Market?
The machinery leasing market covered in this report is segmented -

1) By Type: Heavy Construction Machinery Rental, Commercial Air, Rail, And Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental And Other Commercial And Industrial Machinery And Equipment Rental
2) By Mode: Online, Offline
3) By Leasing Type: Capital Lease, Operating Lease

Subsegments:
1) By Heavy Construction Machinery Rental: Excavators And Bulldozers, Cranes And Lifting Equipment, Earthmoving Machinery
2) By Commercial Air, Rail, And Water Transportation Equipment Rental: Aircraft Leasing (Passenger And Cargo), Railcar Leasing (Freight And Passenger), Boat And Marine Equipment Leasing
3) By Mining, Oil And Gas, And Forestry Machinery And Equipment Rental: Drilling Rigs And Equipment, Mining Trucks And Heavy Machinery, Forestry Machinery
4) By Office Machinery And Equipment Rental: Computers And Laptops, Printers, Copiers, And Multifunction Devices, Office Furniture And Workspace Solutions
5) By Other Commercial And Industrial Machinery And Equipment Rental: Agricultural Equipment Rental (Tractors, Harvesters), Manufacturing Machinery Rental (CNC Machines, Industrial Robots), Specialized Equipment Rental (Scaffolding, Generators)

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Who Are the Global Leaders in the Machinery Leasing Market?
Major companies operating in the machinery leasing market include United Rentals Inc., Tokyo Century, Ashtead Group Plc, Fuyo General Lease Co., Ltd., Berkshire Hathaway Inc., Aercap Holdings N.V., Rent-A-Center Inc., Air Lease Corporation, BOC Aviation, Kanamoto Co., Ltd., Aktio Corporation, Nikken Corporation, Asia Machinery Solutions Vietnam Co. Ltd, Mahindra & Mahindra Limited, Infra Bazaar Private Limited, The Alta Group, Shandong Heavy Industry Group Co., Ltd, Lengshuijianghuiying Building Machinery Leasing Co., Ltd, Sanghvi Movers, Indiabulls, Jindal Infrastructure Pvt. Ltd, Finlease, Caterpillar Inc, Kobelco Construction Machinery Co. Ltd, Deere & Co, Komatsu Ltd, Volvo Group, Doosan Infracore, Liebherr Construction Machinery Rental, Battlefield Equipment Rentals, Ahern Rentals, Enterprise, Oak Leasing, Sixt, Volkswagen Credit, Deutsche Leasing Vostok JSC, VTB Leasing Business Lease Group, KAMAZ Leasing Company, Volvo Finance Service Vostok, ALD Automotive, Interleasing Ltd., VEB-Leasing, Blueline, AIG Commercial Equipment Finance, Hitachi Capital America, TCF Equip, Great America Leasing Corporation, M & I Equipment Finance, People's Capital & Leasing, Relational Technology Solutions, Bigrentz, One Source Equipment Rentals, Inc., Diy Rentals, Scaffold King Rentals Inc, Allied Equipment Service Corporation, Macallister Rentals, Southside Rental Center Inc, Master Rental Center, Contractors Equipment & Supply, Transportation.Ae, Al Shola Transport Company, Andron Equipment LLC, MHJ Heavy Equipment Trading Co, Al Sahra Heavy Equipment, United Motors & Heavy Equipment, Al Bahar, Heavy Equipment & Construction Equipment, Al Qastal Trading, Al Walid Equipment Rental LLC, Tanzeem Heavy Equipment Rental LLC, Arabian Machinery & Heavy Equipment Co, Arabian Heavy Equipment Leasing Company, Age Corporation WLL, AGG - PRO, Al Darwish United Co WLL, Al Moasawi Trading And Contracting Co, Al Wazeeri Trading Contracting And Transport, Alaa For Industry (AFI) - Qatar, Alam Steel For Heavy Equipment WLL, Askar Industries WLL And Cameron Equipment Africa Ltd, Raubex, Kanu Equipment Africa, Teichmann South Africa (Pty) Ltd, Barloworld South Africa (Pty) Ltd, Manitou Southern Africa (Pty) Ltd, Torre Holdings (Pty) Ltd, Renttech South Africa (Pty) Ltd

Which are the Top Profitable Regional Markets for the Machinery Leasing Industry?
Asia-Pacific was the largest region in the machinery leasing market in 2024. North America was the second-largest region in the machinery leasing market. The regions covered in the machinery leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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