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Construction Equipment Rental Market Size, Share & Trends Analysis Report By Product (Earthmoving Machinery, Material Handling Machinery, Concrete & Road Construction), By Drive Type (ICE, Electric), By Region, And Segment Forecasts, 2026 - 2033

Publisher Grand View Research
Published Dec 17, 2025
Length 120 Pages
SKU # GV20723839

Description

Construction Equipment Rental Market Summary

The global construction equipment rental market size was valued at USD 213.68 billion in 2025 and is projected to reach USD 339.04 billion by 2033, growing at a CAGR of 6.1% from 2026 to 2033. The increase in government investment in public infrastructure projects has boosted mining and construction activities in developing nations, increasing the market need for construction equipment.

Renting construction equipment is becoming more appealing to construction companies and contractors as new construction machinery prices are rising. In addition, the advent of cutting-edge technologies and a rise in automation will fuel market expansion. The use of telematics systems in the construction equipment rental industry is experiencing a remarkable surge as more companies recognize their immense benefits. These advanced systems empower rental companies to remotely monitor crucial aspects such as equipment usage, location, and performance. This transformative capability enables a significant improvement in fleet management and the implementation of proactive maintenance practices. One of the key drivers behind this adoption is the integration of IoT devices and sensors into construction equipment rental units. These cutting-edge technologies deliver real-time data on vital parameters, including fuel consumption, equipment health, and operator safety.

Through this, rental companies can make data-driven decisions to enhance operational efficiency while minimizing downtime. The rental companies have a significant opportunity to stand out by providing customized equipment configurations and attachments to fulfill specific project requirements. According to the first quarter forecast released by the American Rental Association (ARA) in March 2023, the U.S. rental equipment market is expected to grow at a rate of 5.3% in 2023 and 1.9% in 2024. At this juncture, customized equipment strategies can allow large-sized companies to distinguish themselves and cater to the diverse needs of their clients.

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By providing tailored equipment solutions, these rental companies can effectively tackle the unique challenges presented by various construction projects. Whether it is any intricate infrastructure development, a high-rise building construction, or a specialized industrial project, possessing the ability to supply equipment with customized configurations and attachments would be essential if these companies were to help their clients in enhancing operational efficiency and productivity by providing equipment specifically designed to meet their project demands.

Advances in online platforms and mobile applications have played a potent role in streamlining the rental experience while offering a myriad of benefits for both equipment owners and renters. Online platforms provide equipment owners with an efficient avenue to showcase their inventory to a wider audience. Owners can significantly increase their chances of securing rental agreements and generating additional revenue streams by listing their equipment portfolio on online marketplaces to make it visible to all participants, thereby typically enabling small-sized companies to highlight their unique offerings and build a reputation based on excellent service and equipment quality. This democratization of the rental market fosters healthy competition, benefiting customers with improved options and service levels.

Construction Equipment Rental Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global construction equipment rental market report based on product, drive type, and region.
  • Product Outlook (Revenue, USD Billion, 2021 - 2033)
  • Earthmoving Machinery
  • Material Handling Machinery
  • Concrete & Road Construction
  • Drive Type Outlook (Revenue, USD Billion, 2021 - 2033)
  • ICE
  • Electric
  • Regional Outlook (Revenue, USD Billion, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Middle East and Africa (MEA)
  • KSA
  • UAE
  • South Africa
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

120 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Open RAN Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Open RAN Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and social landscape
3.3.2.3. Technological landscape
3.3.2.4. Pain Point Analysis
Chapter 4. Open RAN Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Open RAN Market: Component Movement Analysis, USD Million, 2025 & 2033
4.3. Hardware
4.3.1. Hardware Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.4. Software
4.4.1. Software Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.5. Services
4.5.1. Services Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million
4.5.2. Consulting
4.5.2.1. Consulting Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.5.3. Deployment and Implementation
4.5.3.1. Deployment and Implementation Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
4.5.4. Support and Maintenance
4.5.4.1. Support and Maintenance Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. Open RAN Market: Unit Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Open RAN Market: Unit Movement Analysis, USD Million, 2025 & 2033
5.3. Radio Unit
5.3.1. Radio Unit Market Revenue Estimates and Forecasts, 2021 - 2033(USD Million)
5.4. Distribution Unit
5.4.1. Distribution Unit Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
5.5. Centralized Unit
5.5.1. Centralized Unit Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Open RAN Market: Deployment Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Open RAN Market: Deployment Movement Analysis, USD Million, 2025 & 2033
6.3. Private
6.3.1. Private Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.4. Hybrid Cloud
6.4.1. Hybrid Cloud Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
6.5. Public Cloud
6.5.1. Public Cloud Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Open RAN Market: Network Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Open RAN Market: Network Movement Analysis, USD Million, 2025 & 2033
7.3. 2G/3G
7.3.1. 2G/3G Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4. 4G
7.4.1. 4G Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
7.5. 5G
7.5.1. 5G Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 8. Open RAN Market: Frequency Estimates & Trend Analysis
8.1. Segment Dashboard
8.2. Open RAN Market: Frequency Movement Analysis, USD Million, 2025 & 2033
8.3. Sub-6 GHz
8.3.1. Sub-6 GHz Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
8.4. mmWave
8.4.1. mmWave Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 9. Open RAN Market: Regional Estimates & Trend Analysis
9.1. Open RAN Market Share, By Region, 2025 & 2033, USD Million
9.2. North America
9.2.1. North America Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.2.2. U.S.
9.2.2.1. U.S. Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.2.3. Canada
9.2.3.1. Canada Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.2.4. Mexico
9.2.4.1. Mexico Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.3. Europe
9.3.1. Europe Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.3.2. UK
9.3.2.1. UK Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.3.3. Germany
9.3.3.1. Germany Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.3.4. France
9.3.4.1. France Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.3.5. Italy
9.3.5.1. Italy Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.4. Asia Pacific
9.4.1. Asia Pacific Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.4.2. India
9.4.2.1. India Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.4.3. Japan
9.4.3.1. Japan Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.4.4. Australia
9.4.4.1. Australia Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.4.5. South Korea
9.4.5.1. South Korea Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.4.6. Malaysia
9.4.6.1. Malaysia Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.5. Latin America
9.5.1. Latin America Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.5.2. Brazil
9.5.2.1. Brazil Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.6. Middle East and Africa
9.6.1. Middle East and Africa Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.6.2. KSA
9.6.2.1. KSA Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.6.3. UAE
9.6.3.1. UAE Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
9.6.4. South Africa
9.6.4.1. South Africa Open RAN Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 10. Competitive Landscape
10.1. Company Categorization
10.2. Company Market Positioning
10.3. Company Heat Map Analysis
10.4. Company Profiles/Listing
10.4.1. Mavenir
10.4.1.1. Participant’s Overview
10.4.1.2. Financial Performance
10.4.1.3. Product Benchmarking
10.4.1.4. Strategic Initiatives
10.4.2. NEC Corporation
10.4.2.1. Participant’s Overview
10.4.2.2. Financial Performance
10.4.2.3. Product Benchmarking
10.4.2.4. Strategic Initiatives
10.4.3. Fujitsu Limited
10.4.3.1. Participant’s Overview
10.4.3.2. Financial Performance
10.4.3.3. Product Benchmarking
10.4.3.4. Strategic Initiatives
10.4.4. Nokia Corporation
10.4.4.1. Participant’s Overview
10.4.4.2. Financial Performance
10.4.4.3. Product Benchmarking
10.4.4.4. Strategic Initiatives
10.4.5. Samsung Electronics Co., Ltd.
10.4.5.1. Participant’s Overview
10.4.5.2. Financial Performance
10.4.5.3. Product Benchmarking
10.4.5.4. Strategic Initiatives
10.4.6. Radisys Corporation (Reliance Industries)
10.4.6.1. Participant’s Overview
10.4.6.2. Financial Performance
10.4.6.3. Product Benchmarking
10.4.6.4. Strategic Initiatives
10.4.7. Parallel Wireless
10.4.7.1. Participant’s Overview
10.4.7.2. Financial Performance
10.4.7.3. Product Benchmarking
10.4.7.4. Strategic Initiatives
10.4.8. ZTE Corporation
10.4.8.1. Participant’s Overview
10.4.8.2. Financial Performance
10.4.8.3. Product Benchmarking
10.4.8.4. Strategic Initiatives
10.4.9. AT&T Inc.
10.4.9.1. Participant’s Overview
10.4.9.2. Financial Performance
10.4.9.3. Product Benchmarking
10.4.9.4. Strategic Initiatives
10.4.10. Casa Systems, Inc.
10.4.10.1. Participant’s Overview
10.4.10.2. Financial Performance
10.4.10.3. Product Benchmarking
10.4.10.4. Strategic Initiatives

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