Europe Construction Equipment Rental Market Size & Outlook

The construction equipment rental market in Europe is expected to reach a projected revenue of US$ 39,153.5 million by 2030. A compound annual growth rate of 3.3% is expected of Europe construction equipment rental market from 2024 to 2030.
Revenue, 2023 (US$M)
$31,211.1
Forecast, 2030 (US$M)
$39,153.5
CAGR, 2024 - 2030
3.3%
Report Coverage
Europe

Europe construction equipment rental market highlights

  • The Europe construction equipment rental market generated a revenue of USD 31,211.1 million in 2023.
  • The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
  • In terms of segment, earth moving machinery was the largest revenue generating product in 2023.
  • Concrete & Road Construction Machinery is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 31,211.1 million
Market revenue in 2030USD 39,153.5 million
Growth rate3.3% (CAGR from 2023 to 2030)
Largest segmentEarth moving machinery
Fastest growing segmentConcrete & Road Construction Machinery
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEarth Moving Machinery, Material Handling Machinery, Concrete & Road Construction Machinery
Key market players worldwideCaterpillar Inc, Finning International Inc, Liebherr Group, Kanamoto Co Ltd, United Rentals Inc


Other key industry trends

  • In terms of revenue, Europe region accounted for 16.0% of the global construction equipment rental market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 151,487.8 million by 2030.

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Construction Equipment Rental Market Companies

Name Profile # Employees HQ Website

Europe construction equipment rental market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction equipment rental market will help companies and investors design strategic landscapes.


Earth moving machinery was the largest segment with a revenue share of 53.24% in 2023. Horizon Databook has segmented the Europe construction equipment rental market based on earth moving machinery, material handling machinery, concrete & road construction machinery covering the revenue growth of each sub-segment from 2018 to 2030.


The slower economic growth, political situations has hampered regional construction investments significantly during the period 2014-2016, however, the regional rental market managed to overcome the slowdown and is regaining momentum post 2017.

Prominent countries such as France, The Netherlands and Spain has performed very well over the past few years. The BREXIT had considerable effect on U.K.’s construction equipment rental market. Europe has presence of more than 16,650 Equipment rental outlets serving all type of equipment in the region.

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Target buyers of Europe construction equipment rental market databook

  • Our clientele includes a mix of construction equipment rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe construction equipment rental market , including forecasts for subscribers. This continent databook contains high-level insights into Europe construction equipment rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe construction equipment rental market size, by country, 2018-2030 (US$M)

Europe Construction Equipment Rental Market Outlook Share, 2023 & 2030 (US$M)

Europe construction equipment rental market size, by country, 2018-2030 (US$M)

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