Press release
Future of Construction Equipment Rental Market Growth 2032: Key Trends, Investment Outlook, and Industry Challenges
Construction Equipment Market Size
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Latest M & A
✅ Doosan Bobcat drops bid for Wacker Neuson as it shifts strategic focus amid ongoing acquisition talks in construction machinery space.
✅ Canadian heavy equipment dealer SMS Equipment acquires Finland's Suomen Rakennuskone Oy, expanding its European distributor footprint.
✅ John Deere to acquire Tenna, an asset tracking and equipment management provider, enhancing digital fleet capabilities (expected close Feb 2026).
✅ Develon & Hyundai merge to form Korea's largest construction equipment company, accelerating global competitiveness.
✅ Stellar Industries acquires Elliott Equipment Company, entering the truck‐mounted aerial work platform segment.
Key Players:
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.
Key Development:
🔹 Jan 2026
• Major manufacturers unveiled next-gen electric excavators aimed at reducing carbon emissions.
• Rising infrastructure investments in Asia-Pacific boost demand for heavy machinery.
• Adoption of AI-powered predictive maintenance solutions grows among leading construction firms.
🔹 Dec 2025
• Smart construction helmets with augmented reality (AR) capabilities gain traction in Europe.
• Strategic partnerships formed to enhance autonomous vehicle integration in construction sites.
Global supply chain disruptions ease, improving equipment delivery timelines.
🔹 Nov 2025
• Launch of new compact loaders designed for urban construction projects.
• Increased focus on sustainable materials in equipment manufacturing announced.
• Emerging markets show accelerated demand for affordable construction equipment.
Growth Forecast Projected:
The Global Construction Equipment Rental Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Construction Equipment Rental Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
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
Regional Analysis for Market:
⇥ 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: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
Latest Infrastructure
✅ Global infrastructure spending is projected to exceed $4 trillion by 2026, driving strong demand for construction equipment.
✅ Major investments in smart city projects are accelerating the adoption of advanced construction machinery with IoT integration.
✅ Expansion of renewable energy infrastructure worldwide is increasing the need for specialized heavy equipment like cranes and excavators.
✅ Governments in Asia-Pacific are boosting funding for transportation and urban development, significantly raising construction equipment orders.
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FAQ
Q1: What is the current size of the Construction Equipment Rental Market?
A: The Construction Equipment Rental Market was valued at US$ 112.3 billion in 2022 and is forecasted to reach US$ 165.1 billion by 2030
Q2: How rapidly will the Market expand?
A: The Construction Equipment Rental market is projected to grow at a CAGR of 5.1% between 2024 and 2031.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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