# Construction Equipment Rental Market is projected to reach USD 200.85 billion by 2032 with CAGR of 6%
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<p><strong><a href="https://www.fortunebusinessinsights.com/construction-equipment-rental-market-102247">Construction Equipment Rental Market Size</a> was valued at USD 120.86 billion&nbsp;in&nbsp;2023 and the total Market revenue is expected to grow at 6% from&nbsp;2023 to 2032, reaching nearly USD 200.85 billion.</strong></p><p>The rising demand for cost-effective and flexible construction solutions has fueled the growth of the construction equipment rental market. Rental services provide access to advanced machinery without the burden of ownership, benefiting contractors and businesses. Technological advancements, including telematics and IoT-enabled equipment tracking, enhance efficiency and maintenance, making rental solutions increasingly attractive.</p><p><strong>Get a Free Sample Research PDF|</strong><a href="https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102247">https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102247</a></p><p>The Construction Equipment Rental Market Report is a product of in-depth research and analysis by our team of expert market analysts. It covers key factors shaping the Construction Equipment Rental Market, including industry competition, consumer trends, and technological innovations. This report serves as a strategic resource for industry professionals, enabling informed decision-making and a competitive edge in a dynamic market. With comprehensive insights and actionable intelligence, the Construction Equipment Rental Market Report provides valuable opportunities for growth and success in the industry.</p><p><strong>Competitive Analysis</strong><br /><br />The&nbsp;Construction Equipment Rental Market is highly competitive, with key players focusing on innovation, strategic partnerships, and mergers and acquisitions to strengthen their market positions. Notable companies include:</p><p><ul><li>United Rentals, Inc.&nbsp;(U.S.)</li><li>Loxam (France)</li><li>Sunbelt&nbsp;(U.S.)</li><li>Taiyokenki Rental Co., Ltd. (Japan)</li><li>AKTIO Corporation (Japan)</li><li>Herc Rentals Inc.&nbsp;(U.S.)</li><li>Ahern Rentals. (U.S.)</li><li>H&amp;E Equipment Services, Inc. (U.S.)</li><li>Nikken Corporation (Japan)</li><li>Nishio Rent All Co. Ltd. (Japan)</li></ul></p><p><strong>Key Benefits for Stakeholders</strong></p><p>The Construction Equipment Rental Market Report offers stakeholders a comprehensive suite of benefits, including quantitative analysis of market segments, trends, estimations, and dynamics from 2024 to 2032. It provides insights into key drivers, restraints, and opportunities, supported by Porter's Five Forces analysis for strategic decision-making. The report's segmentation analysis identifies market opportunities, while revenue mapping of major countries by region offers a detailed financial perspective. Additionally, it includes benchmarking and positioning of market players, along with an analysis of regional and global trends, key players, and growth strategies.</p><p><strong>Recent Industry Developments</strong></p><p><ul><li>Herc Holdings Inc. acquired Rapid Equipment Rental Limited, a Toronto-based rental company.</li><li>H&amp;E Equipment Services Inc., announced the relocation of its Georgetown branch to a Texas-based expanded unit.</li><li>General Finance Corp. and United Rentals inked a definitive agreement for the former&rsquo;s acquisition by United Rentals. The deal involved a transaction value of USD 996 million.</li><li>Boels took over Cramo PLC to increase its customer base. The move was aimed at becoming one of the major players in the rental market in Europe.</li><li>Sunbelt Rentals announced its partnership with Britishvolt, to support the development of Britishvolt&rsquo;s first full-scale Cambois-based battery Gigaplant. This long-term deal will also see the companies work closely together to favor the development of battery solutions for power plants and heavy equipment to help decarbonize the construction and equipment rental sector.</li></ul></p><p><strong>Ask for Customization|</strong><a href="https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/102247">https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/102247</a></p><p><strong>Drivers &amp; Restrains</strong></p><p><ul><li><strong>Drivers:</strong><ul><li>Increasing demand for flexible financing options and cost-saving measures in the construction industry driving the preference for equipment rental.</li><li>Rapid urbanization and infrastructure development projects requiring access to a wide range of construction equipment without the burden of ownership costs.</li></ul></li><li><strong>Restraints:</strong><ul><li>High operational costs and potential downtime associated with rental equipment may deter some contractors.</li><li>Competition from used equipment sales and the availability of financing options for new equipment purchases.</li></ul></li></ul></p><p><strong>Trending Related reports</strong></p><p><p><a href="http://panhandle.newschannelnebraska.com/story/51949138/industrial-ethernet-connector-market-analysis-2022-2030-size-share-trends-drivers-key-players-insights-revenue-forecast">Industrial Vending Machines Market</a> 2025 Key Drivers, Industry Size & Trends and Forecasts to 2032</p><p><a href="http://panhandle.newschannelnebraska.com/story/51949141/fire-rated-duct-market-report-2020-2028-size-share-trends-drivers-key-players-insights-revenue-analysis">Fire Rated Duct Market</a> 2025 Data Current and Future Trends, Revenue, Business Growth Forecast to 2032</p><p><a href="http://panhandle.newschannelnebraska.com/story/51949139/robotic-welding-market-analysis-2020-2028-size-share-trends-drivers-key-players-insights-revenue-forecast">Robotic Welding Market</a> 2025 Latest Industry Size, Growth, Demand, Trends Forecasts to 2032</p><p><a href="http://panhandle.newschannelnebraska.com/story/51949137/machine-safety-market-report-2022-2030-size-share-trends-drivers-key-players-insights-revenue-analysis">Machine Safety Market</a> 2025 Size, Trends Outlook, Geographical Segmentation Forecasts to 2032</p><p><a href="http://panhandle.newschannelnebraska.com/story/51949138/industrial-ethernet-connector-market-analysis-2022-2030-size-share-trends-drivers-key-players-insights-revenue-forecast">Industrial Ethernet Connector Market</a> 2025 Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2032</p><p><a href="http://panhandle.newschannelnebraska.com/story/51949136/europe-air-duct-market-report-2020-2028-size-share-trends-drivers-key-players-insights-revenue-analysis">Europe Air Duct Market</a> 2025 Key Drivers, Industry Size & Trends and Forecasts to 2032</p><p><a href="http://plattevalley.newschannelnebraska.com/story/51949110/automated-forklift-trucks-market-report-2023-2032-size-share-trends-key-players-drivers-insights-revenue-forecast-analysis">Automated Forklift Trucks Market</a> 2025 Data Current and Future Trends, Revenue, Business Growth Forecast to 2032</p><p><a href="http://plattevalley.newschannelnebraska.com/story/51949166/china-modular-construction-market-analysis-2022-2030-size-share-trends-industry-key-players-drivers-revenue-insights">China Modular Construction Market</a> 2025 Latest Industry Size, Growth, Demand, Trends Forecasts to 2032</p><p><a href="http://plattevalley.newschannelnebraska.com/story/51949164/cross-roller-bearings-market-research-report-2018-2032-size-share-trends-key-players-drivers-insights-forecast-analysis">Cross Roller Bearings Market</a> 2025 Size, Trends Outlook, Geographical Segmentation Forecasts to 2032</p><p><a href="http://plattevalley.newschannelnebraska.com/story/51949165/virtual-reality-in-manufacturing-industry-market-report-2018-2032-size-share-trends-drivers-key-players-revenue-insights">Virtual Reality in Manufacturing Industry</a> 2025 Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2032</p></p><h3><strong>About Us</strong></h3><p>Fortune Business Insights&trade; provides expert corporate analysis and accurate market data to help businesses of all sizes make informed decisions. 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