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Construction Equipment Rental Industry Sector Market Insights, Key Players, Growth Drivers & Forecast | United Rentals Inc, Caterpillar Inc., Loxam Group, Liebherr, H&E Equipment Services, Inc.
Construction Equipment Rental Industry
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Latest M&A in Construction Equipment Rental
Herc Rentals announced a landmark $5.3 billion acquisition of H&E Equipment Services, significantly expanding its North American footprint and fleet capabilities; this deal outbid United Rentals' $4.8 billion offer in early 2025.
Accès Industrie acquired Huet Location in France, consolidating its position as the third-largest French rental group with an expanded network of nearly 50 depots.
Additional acquisitions include Capital Extension Crane & Lift acquiring Clark Crane, LGP Equipment Rentals acquiring F&B Rentals, and NEFCO acquiring Total Tool Supply, reflecting strong consolidation activity in North America and Europe.
Private equity firms and strategic players continue to drive M&A, targeting digital integration and expanding specialized rental services.
List of Top Key Player:
United Rentals Inc., Kanmoto Co Ltd., Herc Rentals Inc., Hitachi Construction Machinery Co., Ltd, Caterpillar Inc., Loxam Group, Liebherr, H&E Equipment Services, Inc., Boels Rental and Ahern Rentals.
Recent Product Launches and Innovations
CASE India launched seven new machines in 2025, including compact wheel loaders, vibratory compactors, and track loaders compliant with Bharat Stage CEV V emissions, specifically designed for rental customers with enhanced fuel efficiency and safety features.
CASE also introduced the myCASE Construction app, a telematics platform enabling real-time fleet tracking, equipment usage optimization, fuel monitoring, and remote troubleshooting to minimize downtime for rental operators.
New rental offerings emphasize versatility, simplicity of operation, safety enhancements, and environmental compliance to meet evolving customer and regulatory demands.
Industry innovation focuses on electric and hybrid equipment, modular designs, and integrated telematics to boost utilization rates and profitability for rental companies.
Forecast Projection:
The Global Construction Equipment Rental Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
Market Intelligence Research Process:
The Construction Equipment Rental Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.
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Key Segmentation:
By Product: (Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, Others)
By Propulsion: (Diesel, Gasoline, Construction Vehicles, Others)
By Drive: (Hydraulic, Electric, Hybrid)
By Application: (Residential, Commercial, Industrial, Infrastructure)
Global Growth Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Construction Equipment Rental Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.
Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.
Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.
Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.
Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.
Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.
Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.
Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.
Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.
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FAQ's
Q1: How large is the Construction Equipment Rental Market?
Ans: The Construction Equipment Rental Market size was valued at USD$ 112.3 billion in 2022 and is projected to grow to USD $ 165.1 billion by 2030.
Q2: How quickly is the Construction Equipment Rental Market expanding?
Ans: The Construction Equipment Rental Market is forecasted to grow at a CAGR of 5.1% between 2024 and 2031, showing strong growth momentum
Q3: Which regions are dominating the Construction Equipment Rental Market and which are fastest-growing?
Ans: North America dominating the Construction Equipment Rental market.
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