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Equipment Rental Market Size, Share and Forecast 2026-2036

The global equipment rental market is worth USD 142 bn in 2026 and is forecast to reach USD 236 bn by 2036, growing at a 5.2% CAGR. United States is the largest country market and Earthmoving is the largest by equipment segment.

USD 142 bnMarket size 2026
USD 236 bnForecast 2036
5.2%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global equipment rental market is worth USD 142 bn in 2026 and is forecast to reach USD 236 bn by 2036, growing at a 5.2% CAGR. United States is the largest country market and Earthmoving is the largest by equipment segment.

ScopeRevenue from renting construction, industrial and general-purpose equipment such as aerial lifts, earthmoving machines, cranes, power tools and generators with or without operators.
IndustryServices and Utilities
Value 2025USD 135 bn
Value 2026USD 142 bn
Value 2036USD 236 bn
CAGR 2026-20365.2%
Volume 20267,720 thousand units
Volume 203610,012 thousand units
Average price 2026USD 18,450 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

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Equipment Rental market size and forecast, 2026-2036

Exhibit 1The global equipment rental market is forecast to grow from USD 142 bn in 2026 to USD 236 bn by 2036, a rise of 66%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.2%
Equipment Rental market value, 2025 to 2036Market value by year. 2025: USD 135 bn; 2026: USD 142 bn; 2027: USD 150 bn; 2028: USD 158 bn; 2029: USD 166 bn; 2030: USD 174 bn; 2031: USD 184 bn; 2032: USD 193 bn; 2033: USD 203 bn; 2034: USD 214 bn; 2035: USD 225 bn; 2036: USD 236 bn. Compound annual growth rate 2026 to 2036: 5.2%.2025142 bn2026184 bn2031236 bn20365.2% CAGR

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

YearMarket value
2026USD 142 bn
2027USD 150 bn
2028USD 158 bn
2029USD 166 bn
2030USD 174 bn
2031USD 184 bn
2032USD 193 bn
2033USD 203 bn
2034USD 214 bn
2035USD 225 bn
2036USD 236 bn

Equipment Rental market segmentation

By equipment

Exhibit 2Earthmoving is the largest segment by equipment, with 22.0% of 2026 revenueEstimated share of 2026 global revenue, by equipment
Equipment Rental market share by equipment, 2026Share of 2026 revenue by equipment. Earthmoving: 22.0%; Tools and general equipment: 20.0%; Aerial work platforms: 18.0%; Material handling: 14.0%; Power and temperature control: 14.0%; Cranes and heavy lifting: 12.0%.Earthmoving22.0%Tools and general equipment20.0%Aerial work platforms18.0%Material handling14.0%Power and temperature control14.0%Cranes and heavy lifting12.0%

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

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Earthmoving22.0%21.2%USD 31.3 bn4.8%
Aerial work platforms18.0%19.0%USD 25.6 bn5.8%
Material handling14.0%13.5%USD 19.9 bn4.8%
Power and temperature control14.0%15.5%USD 19.9 bn6.3%
Cranes and heavy lifting12.0%11.5%USD 17.1 bn4.8%
Tools and general equipment20.0%19.2%USD 28.5 bn4.8%

By end use

Exhibit 3Infrastructure adds the most revenue by end use, growing from USD 34.2 bn in 2026 to USD 60.4 bn by 2036Estimated revenue in USD by end use, 2026 and 2036 forecast
Equipment Rental market by end use, 2026 and 2036Revenue by end use in 2026 and 2036. Non-residential construction: USD 42.7 bn in 2026, USD 68.7 bn in 2036, change +61%; Infrastructure: USD 34.2 bn in 2026, USD 60.4 bn in 2036, change +77%; Industrial and plant maintenance: USD 25.6 bn in 2026, USD 43.2 bn in 2036, change +69%; Residential construction: USD 22.8 bn in 2026, USD 36.6 bn in 2036, change +61%; Events and other: USD 17.1 bn in 2026, USD 27.5 bn in 2036, change +61%.20262036 forecastChangeNon-residential construction+61%42.7 bn68.7 bnInfrastructure+77%34.2 bn60.4 bnIndustrial and plant maintenance+69%25.6 bn43.2 bnResidential construction+61%22.8 bn36.6 bnEvents and other+61%17.1 bn27.5 bn

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

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Non-residential construction30.0%29.1%USD 42.7 bn4.9%
Infrastructure24.0%25.6%USD 34.2 bn5.9%
Residential construction16.0%15.5%USD 22.8 bn4.9%
Industrial and plant maintenance18.0%18.3%USD 25.6 bn5.4%
Events and other12.0%11.6%USD 17.1 bn4.9%

By rental period

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Daily and weekly49.0%44.0%USD 69.8 bn4.1%
Monthly31.0%32.0%USD 44.2 bn5.5%
Long term over 6 months20.0%24.0%USD 28.5 bn7.1%

By provider type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
National rental chains39.0%41.0%USD 55.5 bn5.7%
Regional independents38.0%34.0%USD 54.1 bn4.0%
Manufacturer dealer rental arms23.0%25.0%USD 32.8 bn6.1%

By booking channel

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Branch and counter46.0%36.0%USD 65.5 bn2.6%
Online and app-based platforms24.0%35.0%USD 34.2 bn9.2%
Dealer and agent networks30.0%29.0%USD 42.7 bn4.8%

Top 25 countries for 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 88.5% of 2026 revenue and the 25 countries below together hold 96.8%.

Exhibit 4United States is the largest country market at USD 65.5 bn in 2026, and the three largest countries hold 65.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Equipment Rental market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 65.5 bn, 46.0%; China: USD 17.1 bn, 12.0%; Japan: USD 10.0 bn, 7.0%; United Kingdom: USD 7.1 bn, 5.0%; Germany: USD 6.4 bn, 4.5%; France: USD 5.4 bn, 3.8%; Canada: USD 4.8 bn, 3.4%; Australia: USD 4.3 bn, 3.0%; Italy: USD 2.8 bn, 2.0%; Spain: USD 2.6 bn, 1.8%.United States65.5 bn 46.0%China17.1 bn 12.0%Japan10.0 bn 7.0%United Kingdom7.1 bn 5.0%Germany6.4 bn 4.5%France5.4 bn 3.8%Canada4.8 bn 3.4%Australia4.3 bn 3.0%Italy2.8 bn 2.0%Spain2.6 bn 1.8%

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

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 65.5 bn46.0%USD 109 bn5.2%
2ChinaUSD 17.1 bn12.0%USD 31.2 bn6.2%
3JapanUSD 10.0 bn7.0%USD 13.7 bn3.2%
4United KingdomUSD 7.1 bn5.0%USD 11.8 bn5.2%
5GermanyUSD 6.4 bn4.5%USD 10.2 bn4.7%
6FranceUSD 5.4 bn3.8%USD 8.5 bn4.6%
7CanadaUSD 4.8 bn3.4%USD 8.5 bn5.8%
8AustraliaUSD 4.3 bn3.0%USD 7.3 bn5.5%
9ItalyUSD 2.8 bn2.0%USD 4.5 bn4.7%
10SpainUSD 2.6 bn1.8%USD 4.3 bn5.2%
11NetherlandsUSD 2.4 bn1.7%USD 3.7 bn4.3%
12IndiaUSD 2.0 bn1.4%USD 4.2 bn7.9%
13South KoreaUSD 1.6 bn1.1%USD 2.4 bn4.4%
14Saudi ArabiaUSD 1.3 bn0.9%USD 2.3 bn6.3%
15SwedenUSD 997 mn0.7%USD 1.5 bn4.3%
16BrazilUSD 798 mn0.6%USD 1.5 bn6.5%
17MexicoUSD 641 mn0.5%USD 1.2 bn6.3%
18United Arab EmiratesUSD 513 mn0.4%USD 946 mn6.3%
19BelgiumUSD 413 mn0.3%USD 615 mn4.1%
20SwitzerlandUSD 328 mn0.2%USD 497 mn4.2%
21NorwayUSD 256 mn0.2%USD 402 mn4.6%
22PolandUSD 214 mn0.1%USD 331 mn4.5%
23TurkeyUSD 171 mn0.1%USD 260 mn4.3%
24SingaporeUSD 128 mn0.09%USD 213 mn5.2%
25AustriaUSD 114 mn0.08%USD 166 mn3.8%
Rest of worldUSD 4.6 bn3.2%USD 7.5 bn4.9%
Exhibit 5United States and China account for 61% of the USD 94.0 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Equipment Rental market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 142 bn. United States: +USD 43.3 bn; China: +USD 14.1 bn; United Kingdom: +USD 4.7 bn; Germany: +USD 3.8 bn; Japan: +USD 3.7 bn; 20 other countries: +USD 21.6 bn; Rest of world: +USD 2.9 bn. Market value 2036: USD 236 bn.Market value 2026142 bnUnited States+43.3 bnChina+14.1 bnUnited Kingdom+4.7 bnGermany+3.8 bnJapan+3.7 bn20 other countries+21.6 bnRest of world+2.9 bnMarket value 2036236 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
  • H&E Equipment Services
  • Aggreko

Group 2: Regional and specialist players

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

Group 3: Emerging and niche players

  • BlueLine Rental
  • EquipmentShare
  • Aktio
  • Sunstate Equipment
  • Maxim Crane Works
  • Mammoet
  • Sarens

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 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 5.2% is calculated from the resulting values.

The market is divided by equipment, by end use, by rental period, by provider type, by booking channel. 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 equipment rental market?

The global equipment rental market is estimated at USD 135 bn in 2025 and USD 142 bn in 2026.

How fast will the equipment rental market grow?

It is forecast to reach USD 236 bn by 2036, a compound annual growth rate of 5.2% from 2026, an increase of USD 94.0 bn.

Which country is the largest market for equipment rental?

United States is the largest market by revenue at USD 65.5 bn in 2026, 46.0% of the global total. The three largest countries together hold 65.0%.

Which country is growing fastest?

Among the ten largest markets, China is growing fastest at 6.2% a year from 2026 to 2036.

Which equipment rental segment is largest?

In the by equipment split, Earthmoving is the largest segment with 22.0% of 2026 revenue.

Who are the leading equipment rental companies?

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

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