Kenya Construction Equipment Rental Market Size & Outlook
Kenya construction equipment rental market, 2018-2030 (US$M)
Related Markets
Kenya construction equipment rental market highlights
- The Kenya construction equipment rental market generated a revenue of USD 308.2 million in 2023 and is expected to reach USD 455.6 million by 2030.
- The Kenya market is expected to grow at a CAGR of 5.7% 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.
Construction equipment rental market data book summary
| Market revenue in 2023 | USD 308.2 million |
| Market revenue in 2030 | USD 455.6 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Earth moving machinery |
| Fastest growing segment | Concrete & Road Construction Machinery |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Kenya accounted for 0.2% of the global construction equipment rental market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia construction equipment rental market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,818.3 million by 2030.
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Construction Equipment Rental Market Scope
Construction Equipment Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Kenya 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 65.44% in 2023. Horizon Databook has segmented the Kenya 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.
- Kenya Construction Equipment Rental Product Outlook (Revenue, USD Million, 2018-2030)
- Earth Moving Machinery
- Excavator
- Loader
- Dozer
- Motor Grader
- Dump Truck
- Material Handling Machinery
- Crawler Cranes
- Trailer Mounted Cranes
- Truck Mounted Cranes
- Concrete & Road Construction Machinery
- Concrete Mixer & Pavers
- Construction Pumps
- Others
- Earth Moving Machinery
- Kenya Construction Equipment Rental Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
- ICE
- Electric
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Target buyers of Kenya construction equipment rental market databook
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Our clientele includes a mix of construction equipment rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Kenya construction equipment rental market , including forecasts for subscribers. This country databook contains high-level insights into Kenya construction equipment rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Kenya construction equipment rental market size, by product, 2018-2030 (US$M)
Kenya Construction Equipment Rental Market Outlook Share, 2023 & 2030 (US$M)
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