Report overview
Equipment rental is a service industry that provides machinery, tools, and equipment to end-users such as the construction, mining, power, and oil and gas industries on a rental basis.
This report aims to provide a comprehensive presentation of the global market for Equipment Rental, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Equipment Rental. This report contains market size and forecasts of Equipment Rental in global, including the following market information:
Global Equipment Rental Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Equipment Rental market was valued at US$ 47390 million in 2022 and is projected to reach US$ 52330 million by 2029, at a CAGR of 1.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The oil and gas industry highly rely on rental companies as they offer a wide range of equipment such as downhole tools, drilling equipment, production tool equipment, and tubulars. The rising number of drilling projects is boosting the production process of crude oil. This in turn, will have a positive impact on the equipment rental industry trends in the oil and gas industry.
We surveyed the Equipment Rental companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Equipment Rental Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Equipment Rental Market Segment Percentages, by Type, 2022 (%)
Online Rental
Offline Rental
Global Equipment Rental Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Equipment Rental Market Segment Percentages, by Application, 2022 (%)
Oil and Gas Industry
Construction Industry
Mining Industry
Power Industry
Others
Global Equipment Rental Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Equipment Rental Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Equipment Rental revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Equipment Rental revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hertz Equipment Rental
Sunbelt Rentals
United Rentals
Atlas Copco
Caterpillar
Aggreko
AKTIO Corporation
Ashtead Group
BlueLine Rental
Cramo
Deere & Company
Fabick CAT
Herc Rentals
Kanamoto
Loxam
Maxim Crane Works
Mustang CAT
Nishio Rent All
Nikken Corporation (Mitsubishi Corporation)
Sims Crane & Equipment
Stephensons Rental Services
Sunstate Equipment Company
Titan Machinery
Outline of Major Chapters:
Chapter 1: Introduces the definition of Equipment Rental, market overview.
Chapter 2: Global Equipment Rental market size in revenue.
Chapter 3: Detailed analysis of Equipment Rental company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Equipment Rental in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
