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Global heavy construction machinery rental market size is expected to reach $75.83 Bn by 2028 at a rate of 7.2%, segmented as by equipment, earthmoving equipment, material handling equipment
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Heavy Construction Machinery Rental Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Heavy Construction Machinery Rental Market Segments The Business Research Company segments it’s heavy construction machinery rental market report as: By Equipment Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipment Excavation And Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling And Waste Management By Application By End User Infrastructure, Construction, Mining, Oil And Gas, Manufacturing, Other End Users
Heavy Construction Machinery Rental Market Statistics The heavy construction machinery rental market size has grown strongly in recent years. It will grow from $53.4 billion in 2023 to $57.36 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The heavy construction machinery rental market size is expected to see strong growth in the next few years. It will grow to $75.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The increase in construction and mining activity is expected to propel the growth of the heavy construction machinery rental market going forward. Trends The growing urbanization industry is expected to boost the growth of the heavy construction machinery rental market going forward. • Region North America was the largest region in the heavy construction machinery rental market in 2023. The regions covered in the heavy construction machinery rental market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Market Players • Major players in the heavy construction machinery rental market are: • Ashtead Group PLC • United Rentals Inc. • Kanamoto Co. Ltd. • Boels Rental Ltd. • Herc Rentals Inc. • And more. Get More Information On The Heavy Construction Machinery Rental Market Report
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