Market revenue in 2023 | USD 31,211.1 million |
Market revenue in 2030 | USD 39,153.5 million |
Growth rate | 3.3% (CAGR from 2023 to 2030) |
Largest segment | Earth moving machinery |
Fastest growing segment | Concrete & Road Construction Machinery |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Earth Moving Machinery, Material Handling Machinery, Concrete & Road Construction Machinery |
Key market players worldwide | Caterpillar Inc, Finning International Inc, Liebherr Group, Kanamoto Co Ltd, United Rentals Inc |
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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.
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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