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Construction Equipment Rental Market Size, Share and Forecast 2026-2036

The global construction equipment rental market is worth USD 121 bn in 2026 and is forecast to reach USD 209 bn by 2036, growing at a 5.6% CAGR. United States is the largest country market and Earthmoving is the largest by equipment type segment.

USD 121 bnMarket size 2026
USD 209 bnForecast 2036
5.6%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global construction equipment rental market is worth USD 121 bn in 2026 and is forecast to reach USD 209 bn by 2036, growing at a 5.6% CAGR. United States is the largest country market and Earthmoving is the largest by equipment type segment.

ScopeShort and long term rental of excavators, loaders, cranes, lifts, compaction and other equipment to construction and infrastructure contractors, including operator and delivery services.
IndustryServices and Utilities
Value 2025USD 115 bn
Value 2026USD 121 bn
Value 2036USD 209 bn
CAGR 2026-20365.6%
Volume 20269,309 thousand units
Volume 203613,168 thousand units
Average price 2026USD 13,030 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

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Construction Equipment Rental market size and forecast, 2026-2036

Exhibit 1The global construction equipment rental market is forecast to grow from USD 121 bn in 2026 to USD 209 bn by 2036, a rise of 72%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.6%
Construction Equipment Rental market value, 2025 to 2036Market value by year. 2025: USD 115 bn; 2026: USD 121 bn; 2027: USD 128 bn; 2028: USD 135 bn; 2029: USD 143 bn; 2030: USD 151 bn; 2031: USD 159 bn; 2032: USD 168 bn; 2033: USD 178 bn; 2034: USD 188 bn; 2035: USD 198 bn; 2036: USD 209 bn. Compound annual growth rate 2026 to 2036: 5.6%.2025121 bn2026159 bn2031209 bn20365.6% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 121 bn
2027USD 128 bn
2028USD 135 bn
2029USD 143 bn
2030USD 151 bn
2031USD 159 bn
2032USD 168 bn
2033USD 178 bn
2034USD 188 bn
2035USD 198 bn
2036USD 209 bn

Construction Equipment Rental market segmentation

By equipment type

Exhibit 2Earthmoving is the largest segment by equipment type, with 32.0% of 2026 revenueEstimated share of 2026 global revenue, by equipment type
Construction Equipment Rental market share by equipment type, 2026Share of 2026 revenue by equipment type. Earthmoving: 32.0%; Aerial work platforms: 22.0%; Material handling and cranes: 20.0%; Other equipment: 14.0%; Power and compaction: 12.0%.Earthmoving32.0%Aerial work platforms22.0%Material handling and cranes20.0%Other equipment14.0%Power and compaction12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Earthmoving32.0%31.8%USD 38.8 bn5.5%
Aerial work platforms22.0%24.0%USD 26.7 bn6.5%
Material handling and cranes20.0%18.9%USD 24.3 bn5.0%
Power and compaction12.0%11.4%USD 14.6 bn5.0%
Other equipment14.0%13.9%USD 17.0 bn5.5%

By end use

Exhibit 3Infrastructure adds the most revenue by end use, growing from USD 34.0 bn in 2026 to USD 63.9 bn by 2036Estimated revenue in USD by end use, 2026 and 2036 forecast
Construction Equipment Rental market by end use, 2026 and 2036Revenue by end use in 2026 and 2036. Infrastructure: USD 34.0 bn in 2026, USD 63.9 bn in 2036, change +88%; Non-residential building: USD 36.4 bn in 2026, USD 62.3 bn in 2036, change +71%; Residential: USD 26.7 bn in 2026, USD 41.5 bn in 2036, change +56%; Industrial and mining: USD 24.3 bn in 2026, USD 41.5 bn in 2036, change +71%.20262036 forecastChangeInfrastructure+88%34.0 bn63.9 bnNon-residential building+71%36.4 bn62.3 bnResidential+56%26.7 bn41.5 bnIndustrial and mining+71%24.3 bn41.5 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Non-residential building30.0%29.8%USD 36.4 bn5.5%
Infrastructure28.0%30.5%USD 34.0 bn6.5%
Residential22.0%19.8%USD 26.7 bn4.5%
Industrial and mining20.0%19.8%USD 24.3 bn5.5%

By rental period

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Short term under 1 month46.0%41.0%USD 55.8 bn4.4%
Medium term 1 to 12 months36.0%37.0%USD 43.7 bn5.9%
Long term over 12 months18.0%22.0%USD 21.8 bn7.7%

By rental provider

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
National chains41.0%40.0%USD 49.7 bn5.3%
Regional independents34.0%33.0%USD 41.3 bn5.3%
Manufacturer dealer fleets25.0%27.0%USD 30.3 bn6.4%

By customer type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Large contractors44.0%42.0%USD 53.4 bn5.1%
Small and mid-size contractors33.0%33.0%USD 40.0 bn5.6%
Government and municipal bodies13.0%15.0%USD 15.8 bn7.1%
Industrial and plant operators10.0%10.0%USD 12.1 bn5.6%

Top 25 countries for construction equipment rental by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 79.0% of 2026 revenue and the 25 countries below together hold 94.2%.

Exhibit 4United States is the largest country market at USD 40.0 bn in 2026, and the three largest countries hold 56.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Construction Equipment Rental market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 40.0 bn, 33.0%; China: USD 18.2 bn, 15.0%; Japan: USD 9.7 bn, 8.0%; Germany: USD 6.1 bn, 5.0%; United Kingdom: USD 4.9 bn, 4.0%; France: USD 4.2 bn, 3.5%; Canada: USD 4.2 bn, 3.5%; Australia: USD 3.6 bn, 3.0%; Saudi Arabia: USD 2.4 bn, 2.0%; India: USD 2.4 bn, 2.0%.United States40.0 bn 33.0%China18.2 bn 15.0%Japan9.7 bn 8.0%Germany6.1 bn 5.0%United Kingdom4.9 bn 4.0%France4.2 bn 3.5%Canada4.2 bn 3.5%Australia3.6 bn 3.0%Saudi Arabia2.4 bn 2.0%India2.4 bn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 40.0 bn33.0%USD 67.2 bn5.3%
2ChinaUSD 18.2 bn15.0%USD 35.1 bn6.8%
3JapanUSD 9.7 bn8.0%USD 13.4 bn3.3%
4GermanyUSD 6.1 bn5.0%USD 8.8 bn3.8%
5United KingdomUSD 4.9 bn4.0%USD 7.3 bn4.2%
6FranceUSD 4.2 bn3.5%USD 6.5 bn4.3%
7CanadaUSD 4.2 bn3.5%USD 7.1 bn5.3%
8AustraliaUSD 3.6 bn3.0%USD 6.1 bn5.2%
9Saudi ArabiaUSD 2.4 bn2.0%USD 5.9 bn9.2%
10IndiaUSD 2.4 bn2.0%USD 6.5 bn10.3%
11ItalyUSD 2.3 bn1.9%USD 3.9 bn5.4%
12SpainUSD 2.1 bn1.7%USD 3.5 bn5.5%
13South KoreaUSD 1.9 bn1.5%USD 3.2 bn5.5%
14NetherlandsUSD 1.7 bn1.4%USD 2.9 bn5.5%
15United Arab EmiratesUSD 1.5 bn1.2%USD 3.1 bn7.5%
16BrazilUSD 1.4 bn1.1%USD 2.8 bn7.6%
17SwedenUSD 1.2 bn1.0%USD 1.8 bn3.7%
18MexicoUSD 1.1 bn0.9%USD 2.3 bn7.5%
19TurkeyUSD 995 mn0.8%USD 2.1 bn7.6%
20BelgiumUSD 898 mn0.7%USD 1.5 bn5.5%
21QatarUSD 813 mn0.7%USD 1.4 bn5.4%
22SingaporeUSD 728 mn0.6%USD 1.2 bn5.4%
23PolandUSD 655 mn0.5%USD 1.1 bn5.6%
24NorwayUSD 594 mn0.5%USD 1.0 bn5.4%
25IndonesiaUSD 534 mn0.4%USD 1.3 bn9.1%
Rest of worldUSD 7.1 bn5.8%USD 12.2 bn5.6%
Exhibit 5United States and China account for 50% of the USD 87.9 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Construction Equipment Rental market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 121 bn. United States: +USD 27.1 bn; China: +USD 16.9 bn; India: +USD 4.1 bn; Japan: +USD 3.7 bn; Saudi Arabia: +USD 3.4 bn; 20 other countries: +USD 27.5 bn; Rest of world: +USD 5.1 bn. Market value 2036: USD 209 bn.Market value 2026121 bnUnited States+27.1 bnChina+16.9 bnIndia+4.1 bnJapan+3.7 bnSaudi Arabia+3.4 bn20 other countries+27.5 bnRest of world+5.1 bnMarket value 2036209 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • United Rentals
  • Sunbelt Rentals
  • Herc Rentals
  • Loxam
  • Boels Rental
  • Nikken
  • H&E Equipment Services

Group 2: Regional and specialist players

  • Kiloutou
  • Kanamoto
  • Speedy Hire
  • HSS Hire
  • Coates Hire
  • Kennards Hire
  • Sanghvi Movers
  • Ahern Rentals
  • BlueLine Rental

Group 3: Emerging and niche players

  • Sunstate Equipment
  • Maxim Crane Works
  • EquipmentShare
  • Aktio Corporation
  • Sarens
  • Mammoet

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the construction equipment rental market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.6% is calculated from the resulting values.

The market is divided by equipment type, by end use, by rental period, by rental provider, by customer type. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the construction equipment rental market?

The global construction equipment rental market is estimated at USD 115 bn in 2025 and USD 121 bn in 2026.

How fast will the construction equipment rental market grow?

It is forecast to reach USD 209 bn by 2036, a compound annual growth rate of 5.6% from 2026, an increase of USD 87.9 bn.

Which country is the largest market for construction equipment rental?

United States is the largest market by revenue at USD 40.0 bn in 2026, 33.0% of the global total. The three largest countries together hold 56.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 10.3% a year from 2026 to 2036.

Which construction equipment rental segment is largest?

In the by equipment type split, Earthmoving is the largest segment with 32.0% of 2026 revenue.

Who are the leading construction equipment rental companies?

Global leaders include United Rentals, Sunbelt Rentals, Herc Rentals, Loxam.

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