Abstract
Summary
A construction job mandates a large number of heavy machines. There are a number of advantages to lease the construction. Primarily, many contractors want to be able to stay on the cutting edge of technology. New tools are emerging all the time, and leasing equipment means that contractors can utilize the latest products available without taking on extravagant costs. When the lease is up, contractors can simply opt for the newest line of products available.
LPI (LP Information)' newest research report, the “Construction Machinery Rental Industry Forecast” looks at past sales and reviews total world Construction Machinery Rental sales in 2022, providing a comprehensive analysis by region and market sector of projected Construction Machinery Rental sales for 2023 through 2029. With Construction Machinery Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Machinery Rental industry.
This Insight Report provides a comprehensive analysis of the global Construction Machinery Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Machinery Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Machinery Rental market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Machinery Rental and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Machinery Rental.
The global Construction Machinery Rental market size is projected to grow from US$ 85 million in 2022 to US$ 152.7 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.
Global Construction Machinery Leasing key players include United Rentals, Ashtead Group, Aktio Corp, Kanamoto, etc. Global top four manufacturers hold a share over 10%.
United States is the largest market, with a share over 40%, followed by Europe, and Japan, both have a share about 45 percent.
In terms of product, Earth Moving Equipment is the largest segment, with a share over 50%. And in terms of application, the largest application is Commercial, followed by Individual.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Machinery Rental market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Earth Moving Equipment
Material Handling and Cranes
Concrete Equipment
Road Building Equipment
Segmentation by application
Commercial
Individual
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sin Heng Heavy Machinery Limited
Aktio Co., Ltd.
UMW
Nishio Rent All
Tat Hong
Superkrane Equipments
Rent (Thailand) Co.,Ltd.
Kanamoto Co., Ltd.
Guzent
SCMC
Hillcon
INA
Asia Machinery Solutions Vietnam
LPI (LP Information)' newest research report, the “Construction Machinery Rental Industry Forecast” looks at past sales and reviews total world Construction Machinery Rental sales in 2022, providing a comprehensive analysis by region and market sector of projected Construction Machinery Rental sales for 2023 through 2029. With Construction Machinery Rental sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Machinery Rental industry.
This Insight Report provides a comprehensive analysis of the global Construction Machinery Rental landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Machinery Rental portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Machinery Rental market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Machinery Rental and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Machinery Rental.
The global Construction Machinery Rental market size is projected to grow from US$ 85 million in 2022 to US$ 152.7 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.
Global Construction Machinery Leasing key players include United Rentals, Ashtead Group, Aktio Corp, Kanamoto, etc. Global top four manufacturers hold a share over 10%.
United States is the largest market, with a share over 40%, followed by Europe, and Japan, both have a share about 45 percent.
In terms of product, Earth Moving Equipment is the largest segment, with a share over 50%. And in terms of application, the largest application is Commercial, followed by Individual.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Machinery Rental market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Earth Moving Equipment
Material Handling and Cranes
Concrete Equipment
Road Building Equipment
Segmentation by application
Commercial
Individual
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sin Heng Heavy Machinery Limited
Aktio Co., Ltd.
UMW
Nishio Rent All
Tat Hong
Superkrane Equipments
Rent (Thailand) Co.,Ltd.
Kanamoto Co., Ltd.
Guzent
SCMC
Hillcon
INA
Asia Machinery Solutions Vietnam
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Construction Machinery Rental Market Size 2018-2029
2.1.2 Construction Machinery Rental Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Construction Machinery Rental Segment by Type
2.2.1 Earth Moving Equipment
2.2.2 Material Handling and Cranes
2.2.3 Concrete Equipment
2.2.4 Road Building Equipment
2.3 Construction Machinery Rental Market Size by Type
2.3.1 Construction Machinery Rental Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Construction Machinery Rental Market Size Market Share by Type (2018-2023)
2.4 Construction Machinery Rental Segment by Application
2.4.1 Commercial
2.4.2 Individual
2.5 Construction Machinery Rental Market Size by Application
2.5.1 Construction Machinery Rental Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Construction Machinery Rental Market Size Market Share by Application (2018-2023)
3 Construction Machinery Rental Market Size by Player
3.1 Construction Machinery Rental Market Size Market Share by Players
3.1.1 Global Construction Machinery Rental Revenue by Players (2018-2023)
3.1.2 Global Construction Machinery Rental Revenue Market Share by Players (2018-2023)
3.2 Global Construction Machinery Rental Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Construction Machinery Rental by Regions
4.1 Construction Machinery Rental Market Size by Regions (2018-2023)
4.2 Americas Construction Machinery Rental Market Size Growth (2018-2023)
4.3 APAC Construction Machinery Rental Market Size Growth (2018-2023)
4.4 Europe Construction Machinery Rental Market Size Growth (2018-2023)
4.5 Middle East & Africa Construction Machinery Rental Market Size Growth (2018-2023)
5 Americas
5.1 Americas Construction Machinery Rental Market Size by Country (2018-2023)
5.2 Americas Construction Machinery Rental Market Size by Type (2018-2023)
5.3 Americas Construction Machinery Rental Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Construction Machinery Rental Market Size by Region (2018-2023)
6.2 APAC Construction Machinery Rental Market Size by Type (2018-2023)
6.3 APAC Construction Machinery Rental Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Construction Machinery Rental by Country (2018-2023)
7.2 Europe Construction Machinery Rental Market Size by Type (2018-2023)
7.3 Europe Construction Machinery Rental Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Construction Machinery Rental by Region (2018-2023)
8.2 Middle East & Africa Construction Machinery Rental Market Size by Type (2018-2023)
8.3 Middle East & Africa Construction Machinery Rental Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Construction Machinery Rental Market Forecast
10.1 Global Construction Machinery Rental Forecast by Regions (2024-2029)
10.1.1 Global Construction Machinery Rental Forecast by Regions (2024-2029)
10.1.2 Americas Construction Machinery Rental Forecast
10.1.3 APAC Construction Machinery Rental Forecast
10.1.4 Europe Construction Machinery Rental Forecast
10.1.5 Middle East & Africa Construction Machinery Rental Forecast
10.2 Americas Construction Machinery Rental Forecast by Country (2024-2029)
10.2.1 United States Construction Machinery Rental Market Forecast
10.2.2 Canada Construction Machinery Rental Market Forecast
10.2.3 Mexico Construction Machinery Rental Market Forecast
10.2.4 Brazil Construction Machinery Rental Market Forecast
10.3 APAC Construction Machinery Rental Forecast by Region (2024-2029)
10.3.1 China Construction Machinery Rental Market Forecast
10.3.2 Japan Construction Machinery Rental Market Forecast
10.3.3 Korea Construction Machinery Rental Market Forecast
10.3.4 Southeast Asia Construction Machinery Rental Market Forecast
10.3.5 India Construction Machinery Rental Market Forecast
10.3.6 Australia Construction Machinery Rental Market Forecast
10.4 Europe Construction Machinery Rental Forecast by Country (2024-2029)
10.4.1 Germany Construction Machinery Rental Market Forecast
10.4.2 France Construction Machinery Rental Market Forecast
10.4.3 UK Construction Machinery Rental Market Forecast
10.4.4 Italy Construction Machinery Rental Market Forecast
10.4.5 Russia Construction Machinery Rental Market Forecast
10.5 Middle East & Africa Construction Machinery Rental Forecast by Region (2024-2029)
10.5.1 Egypt Construction Machinery Rental Market Forecast
10.5.2 South Africa Construction Machinery Rental Market Forecast
10.5.3 Israel Construction Machinery Rental Market Forecast
10.5.4 Turkey Construction Machinery Rental Market Forecast
10.5.5 GCC Countries Construction Machinery Rental Market Forecast
10.6 Global Construction Machinery Rental Forecast by Type (2024-2029)
10.7 Global Construction Machinery Rental Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Sin Heng Heavy Machinery Limited
11.1.1 Sin Heng Heavy Machinery Limited Company Information
11.1.2 Sin Heng Heavy Machinery Limited Construction Machinery Rental Product Offered
11.1.3 Sin Heng Heavy Machinery Limited Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Sin Heng Heavy Machinery Limited Main Business Overview
11.1.5 Sin Heng Heavy Machinery Limited Latest Developments
11.2 Aktio Co., Ltd.
11.2.1 Aktio Co., Ltd. Company Information
11.2.2 Aktio Co., Ltd. Construction Machinery Rental Product Offered
11.2.3 Aktio Co., Ltd. Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Aktio Co., Ltd. Main Business Overview
11.2.5 Aktio Co., Ltd. Latest Developments
11.3 UMW
11.3.1 UMW Company Information
11.3.2 UMW Construction Machinery Rental Product Offered
11.3.3 UMW Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 UMW Main Business Overview
11.3.5 UMW Latest Developments
11.4 Nishio Rent All
11.4.1 Nishio Rent All Company Information
11.4.2 Nishio Rent All Construction Machinery Rental Product Offered
11.4.3 Nishio Rent All Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Nishio Rent All Main Business Overview
11.4.5 Nishio Rent All Latest Developments
11.5 Tat Hong
11.5.1 Tat Hong Company Information
11.5.2 Tat Hong Construction Machinery Rental Product Offered
11.5.3 Tat Hong Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Tat Hong Main Business Overview
11.5.5 Tat Hong Latest Developments
11.6 Superkrane Equipments
11.6.1 Superkrane Equipments Company Information
11.6.2 Superkrane Equipments Construction Machinery Rental Product Offered
11.6.3 Superkrane Equipments Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Superkrane Equipments Main Business Overview
11.6.5 Superkrane Equipments Latest Developments
11.7 Rent (Thailand) Co.,Ltd.
11.7.1 Rent (Thailand) Co.,Ltd. Company Information
11.7.2 Rent (Thailand) Co.,Ltd. Construction Machinery Rental Product Offered
11.7.3 Rent (Thailand) Co.,Ltd. Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Rent (Thailand) Co.,Ltd. Main Business Overview
11.7.5 Rent (Thailand) Co.,Ltd. Latest Developments
11.8 Kanamoto Co., Ltd.
11.8.1 Kanamoto Co., Ltd. Company Information
11.8.2 Kanamoto Co., Ltd. Construction Machinery Rental Product Offered
11.8.3 Kanamoto Co., Ltd. Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Kanamoto Co., Ltd. Main Business Overview
11.8.5 Kanamoto Co., Ltd. Latest Developments
11.9 Guzent
11.9.1 Guzent Company Information
11.9.2 Guzent Construction Machinery Rental Product Offered
11.9.3 Guzent Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Guzent Main Business Overview
11.9.5 Guzent Latest Developments
11.10 SCMC
11.10.1 SCMC Company Information
11.10.2 SCMC Construction Machinery Rental Product Offered
11.10.3 SCMC Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 SCMC Main Business Overview
11.10.5 SCMC Latest Developments
11.11 Hillcon
11.11.1 Hillcon Company Information
11.11.2 Hillcon Construction Machinery Rental Product Offered
11.11.3 Hillcon Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 Hillcon Main Business Overview
11.11.5 Hillcon Latest Developments
11.12 INA
11.12.1 INA Company Information
11.12.2 INA Construction Machinery Rental Product Offered
11.12.3 INA Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 INA Main Business Overview
11.12.5 INA Latest Developments
11.13 Asia Machinery Solutions Vietnam
11.13.1 Asia Machinery Solutions Vietnam Company Information
11.13.2 Asia Machinery Solutions Vietnam Construction Machinery Rental Product Offered
11.13.3 Asia Machinery Solutions Vietnam Construction Machinery Rental Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 Asia Machinery Solutions Vietnam Main Business Overview
11.13.5 Asia Machinery Solutions Vietnam Latest Developments
12 Research Findings and Conclusion