Construction Equipment Rental Market Share

Report ID: GMI773
   |
Published Date: November 2024
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Report Format: PDF

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Construction Equipment Rental Market Share

Construction Equipment Rental Company Market Share, 2024

Ashtead Group, United Rentals, Inc., Aktio Corporation, H&E Equipment Services, Herc Holdings, Inc. (Herc Rentals, Inc.), Loxam Group, Kanamoto Co. Ltd., and Kiloutou SAS. hold a significant market share of over 19% in the construction equipment rental market. The united rentals company serves three primary end markets for equipment rental: commercial construction, residential construction, industrial and other non-construction sectors. The company has a strong presence in North America with over 1,278 rental locations in the U.S. and in Canada, 11 in Europe, 28 in Australia, and 18 in New Zealand.
 

Herc Holdings, Inc. operates in the U.S. under its brand, Herc Rentals. Herc Rentals Inc., an equipment rental firm serves a range of customer markets including industrial customers such as manufacturing plants, construction companies, refineries & petrochemical operations, government contractors, government entities utility operators, entertainment production companies, railroads, and infrastructure & facility management firms.
 

Construction Equipment Rental Market Companies

Major players operating in the construction equipment rental industry include:

  • Aktio
  • Ashtead
  • Boels Rental
  • Briggs Equipment
  • Caterpillar
  • H&E Equipment Services
  • Herc Holdings (Herc Rentals)
  • Kanamoto
  • Kiloutou SAS
  • Loxam
  • United Rentals
Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
How big is the construction equipment rental market?
The global market for construction equipment rental was reached USD 147.4 billion in 2024 and is estimated to grow at a 6.2% CAGR from 2025 to 2034, driven by high purchasing costs for construction machines.
What factors are driving the growth of the backhoes segment in the construction equipment rental market?
How is the bulk material handling equipment segment performing in the bulk material handling equipment market?
Who are the major players in the construction equipment rental market?
What trends are influencing the North America construction equipment rental market growth?
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    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 336

    Countries covered: 19

    Pages: 175

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