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.
| Scope | Short and long term rental of excavators, loaders, cranes, lifts, compaction and other equipment to construction and infrastructure contractors, including operator and delivery services. |
|---|---|
| Industry | Services and Utilities |
| Value 2025 | USD 115 bn |
| Value 2026 | USD 121 bn |
| Value 2036 | USD 209 bn |
| CAGR 2026-2036 | 5.6% |
| Volume 2026 | 9,309 thousand units |
| Volume 2036 | 13,168 thousand units |
| Average price 2026 | USD 13,030 per unit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Construction Equipment Rental market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 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 |
Construction Equipment Rental market segmentation
By equipment type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Earthmoving | 32.0% | 31.8% | USD 38.8 bn | 5.5% |
| Aerial work platforms | 22.0% | 24.0% | USD 26.7 bn | 6.5% |
| Material handling and cranes | 20.0% | 18.9% | USD 24.3 bn | 5.0% |
| Power and compaction | 12.0% | 11.4% | USD 14.6 bn | 5.0% |
| Other equipment | 14.0% | 13.9% | USD 17.0 bn | 5.5% |
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Non-residential building | 30.0% | 29.8% | USD 36.4 bn | 5.5% |
| Infrastructure | 28.0% | 30.5% | USD 34.0 bn | 6.5% |
| Residential | 22.0% | 19.8% | USD 26.7 bn | 4.5% |
| Industrial and mining | 20.0% | 19.8% | USD 24.3 bn | 5.5% |
By rental period
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Short term under 1 month | 46.0% | 41.0% | USD 55.8 bn | 4.4% |
| Medium term 1 to 12 months | 36.0% | 37.0% | USD 43.7 bn | 5.9% |
| Long term over 12 months | 18.0% | 22.0% | USD 21.8 bn | 7.7% |
By rental provider
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| National chains | 41.0% | 40.0% | USD 49.7 bn | 5.3% |
| Regional independents | 34.0% | 33.0% | USD 41.3 bn | 5.3% |
| Manufacturer dealer fleets | 25.0% | 27.0% | USD 30.3 bn | 6.4% |
By customer type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Large contractors | 44.0% | 42.0% | USD 53.4 bn | 5.1% |
| Small and mid-size contractors | 33.0% | 33.0% | USD 40.0 bn | 5.6% |
| Government and municipal bodies | 13.0% | 15.0% | USD 15.8 bn | 7.1% |
| Industrial and plant operators | 10.0% | 10.0% | USD 12.1 bn | 5.6% |
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%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 40.0 bn | 33.0% | USD 67.2 bn | 5.3% |
| 2 | China | USD 18.2 bn | 15.0% | USD 35.1 bn | 6.8% |
| 3 | Japan | USD 9.7 bn | 8.0% | USD 13.4 bn | 3.3% |
| 4 | Germany | USD 6.1 bn | 5.0% | USD 8.8 bn | 3.8% |
| 5 | United Kingdom | USD 4.9 bn | 4.0% | USD 7.3 bn | 4.2% |
| 6 | France | USD 4.2 bn | 3.5% | USD 6.5 bn | 4.3% |
| 7 | Canada | USD 4.2 bn | 3.5% | USD 7.1 bn | 5.3% |
| 8 | Australia | USD 3.6 bn | 3.0% | USD 6.1 bn | 5.2% |
| 9 | Saudi Arabia | USD 2.4 bn | 2.0% | USD 5.9 bn | 9.2% |
| 10 | India | USD 2.4 bn | 2.0% | USD 6.5 bn | 10.3% |
| 11 | Italy | USD 2.3 bn | 1.9% | USD 3.9 bn | 5.4% |
| 12 | Spain | USD 2.1 bn | 1.7% | USD 3.5 bn | 5.5% |
| 13 | South Korea | USD 1.9 bn | 1.5% | USD 3.2 bn | 5.5% |
| 14 | Netherlands | USD 1.7 bn | 1.4% | USD 2.9 bn | 5.5% |
| 15 | United Arab Emirates | USD 1.5 bn | 1.2% | USD 3.1 bn | 7.5% |
| 16 | Brazil | USD 1.4 bn | 1.1% | USD 2.8 bn | 7.6% |
| 17 | Sweden | USD 1.2 bn | 1.0% | USD 1.8 bn | 3.7% |
| 18 | Mexico | USD 1.1 bn | 0.9% | USD 2.3 bn | 7.5% |
| 19 | Turkey | USD 995 mn | 0.8% | USD 2.1 bn | 7.6% |
| 20 | Belgium | USD 898 mn | 0.7% | USD 1.5 bn | 5.5% |
| 21 | Qatar | USD 813 mn | 0.7% | USD 1.4 bn | 5.4% |
| 22 | Singapore | USD 728 mn | 0.6% | USD 1.2 bn | 5.4% |
| 23 | Poland | USD 655 mn | 0.5% | USD 1.1 bn | 5.6% |
| 24 | Norway | USD 594 mn | 0.5% | USD 1.0 bn | 5.4% |
| 25 | Indonesia | USD 534 mn | 0.4% | USD 1.3 bn | 9.1% |
| Rest of world | USD 7.1 bn | 5.8% | USD 12.2 bn | 5.6% |
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.
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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