Europe Construction Equipment Rental Market Size and Share
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 35.44 Billion |
| Market Size (2030) | USD 46.32 Billion |
| CAGR (2025 - 2030) | 5.50% |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Construction Equipment Rental Market Analysis by Mordor Intelligence
The Europe Construction Equipment Rental Market size is estimated at USD 35.44 billion in 2025, and is expected to reach USD 46.32 billion by 2030, at a CAGR of 5.5% during the forecast period (2025-2030).
Over the medium term, Throughout the forecast period, the construction industry is set to reap substantial benefits, primarily due to a rising inclination among construction firms to favor equipment rentals over outright purchases. This transition is predominantly fueled by a desire to curtail operational expenses and bolster budgetary flexibility in a fiercely competitive landscape.
Europe's construction sector, rebounding from recent economic hurdles, is set to positively influence the construction equipment rental market in the coming years. With construction activities intensifying across the continent, there's an anticipated surge in demand for both rental equipment and construction services, fueling industry expansion. This interplay of cost-saving strategies and sector rejuvenation paints an optimistic picture for the construction market.
Europe is witnessing a notable transition from conventional hydraulic and mechanical vehicles to their electric and hybrid counterparts. This evolution is largely fueled by the pursuit of cost efficiency and mounting regulatory pressures aimed at curbing emissions. As a result, the appetite for renting electrified construction equipment is surging.
With the above-mentioned development across the region, construction equipment rental services are likely to grow in the coming years.
Europe Construction Equipment Rental Market Trends and Insights
Loaders Hold Major Growth
Due to their flexibility and ease of use, loaders consistently see high demand in the construction industry. Often equipped with both loader and backhoe attachments, these versatile machines can tackle a wide range of tasks.
Manufacturers are advancing loader technology, integrating sophisticated machine control and telemetry systems. Consequently, loaders have surged in popularity across various countries, adeptly managing multiple jobs and seamlessly navigating roadways.
Key drivers, including heightened public infrastructure spending and consistently low interest rates, are fueling the market's growth. With governments channeling more funds into developing and maintaining vital infrastructure like roads, bridges, and public transport systems demand for associated services and products surges. Such investments not only uplift the quality and efficiency of public amenities but also invigorate economic activity and generate jobs in the construction and engineering sectors.
Moreover, persistently low interest rates significantly contribute to this growth trajectory. Reduced borrowing costs enable both public and private sectors to embark on expansive projects and bolster infrastructure. This favorable financial environment not only motivates businesses and governments to commit to long-term investments but also fuels a cycle of economic growth and infrastructure development, further driving the market's expansion.
As housing demand surges, the building construction industry is gaining momentum. This segment is set to expand during the forecast period, driven mainly by a boom in constructing sizable residential and commercial edifices, IT parks, and ports.
Telematics solutions are increasingly being adopted in construction machinery due to enhanced vehicle productivity and efficiency, a rising demand for data analysis in construction machinery, and a pressing need to cut down on repair and maintenance operational costs.
Telematics is revolutionizing loaders, enabling real-time monitoring of fuel usage, driver behavior, asset location, and engine hours. This capability, including predicting maintenance schedules, is poised to create opportunities for rental services during the forecast period.
With the above-mentioned development across the region, the demand for loaders in the rental services is likely to grow in the coming years.
Germany Hold Major Market Share
Driven by heightened construction activities, technological advancements, and a growing appetite for sophisticated machinery, Germany's construction equipment rental market is on the rise. There's a pronounced demand for heavy machinery, especially bulldozers, excavators, and cranes. By opting for rentals, construction firms are not only accessing top-tier equipment but also sidestepping the hefty price tag of outright purchases.
The growth of the construction industry primarily fuels the demand for rental construction machinery. In Germany, heightened government investments in infrastructure projects are set to stimulate economic growth and unveil new opportunities, thereby bolstering the construction sector. Furthermore, with urbanization on the rise and the population expanding, the appetite for rental construction equipment in the country is poised to surge.
In the coming years, demand for construction equipment rentals is set to surge. This growth is fueled by several pivotal factors. Companies are increasingly turning to rentals as a budget-friendly alternative to outright machinery purchases. This shift allows them to optimize expenses without compromising on equipment needs. Moreover, heightened government investments in infrastructure projects spanning road construction, bridges, and public facilities are set to further energize the rental market.
Infrastructure development projects in the country are driving a surge in demand for construction equipment rentals, a trend expected to continue in the coming years. For instance,
- In February 2024, the Saxony city government announced a housing construction package worth EUR 105 million (USD 107.5 million). This package includes low-interest loans, fixed at under 1% for 25 years, aimed at facilitating condominium purchases.
With construction companies leaning more towards rental services for enhanced flexibility, diminished maintenance costs, and the advantage of cutting-edge technology sans ownership burdens, Germany's construction machinery rental market is gearing up for a vigorous and dynamic expansion throughout the assessment period.
Competitive Landscape
Key players, including Loxam Group, Sunbelt Rentals Inc., Caterpillar Inc., and Kiloutou Group, dominate Europe's construction equipment rental market. Significant investments in infrastructure development across Europe are poised to fuel robust market growth in the coming years. Additionally, the adoption of new technologies, notably telematics, is bolstering the expansion of rental services in the region. For instance,
- In April 2024, Hitachi Construction Machinery Europe (HCME) began directly renting out equipment to end users in select regions of Europe. Andre De Boer, the general manager for Rental & Used Equipment, announced plans to establish "retail rental" depots in the Netherlands, the United Kingdom, and France.
- In August 2024, Bomag, a construction machinery manufacturer based in Germany, has set up a new subsidiary in Torrejon de Ardoz, situated in the Community of Madrid, Spain. This strategic decision bolsters their network across Spain.
Europe Construction Equipment Rental Industry Leaders
-
The Kiloutou Group
-
Boels Group
-
Sunbelt Rentals, Inc.
-
Loxam Group
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Caterpillar Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- September 2024: Plant Hire UK, a prominent rental company in the United Kingdom, invested a notable USD 17.91 million in acquiring a new fleet of JCB machines. This strategic investment is designed to bolster the company's operational capabilities and broaden its service offerings to clients nationwide. Beyond just upgrading its machinery, Plant Hire UK has enhanced its facilities, leading to improved service delivery and heightened efficiency in rental operations. With the addition of these advanced JCB machines, the company aims to solidify its foothold in the competitive rental market and meet the surging demands of construction and infrastructure projects across the United Kingdom.
- September 2024: CNH Industrial NV has launched a groundbreaking rental initiative, offering customers affordable, extended rental choices for Case equipment. Accessible through its vast dealer network, this program seeks to democratize access to premium machinery. It's tailored for businesses that require dependable equipment for extended periods but wish to avoid the hefty costs of outright purchases.
Europe Construction Equipment Rental Market Report Scope
Construction machinery rental services enable users to access machinery for either short or extended durations, typically incurring a premium daily or monthly fee. This arrangement is formalized through an agreement between the user and the rental company.
Europe Construction Equipment Rental Market is segmented by machinery type, drive type, application, and country. By machinery type, the market is segmented into Crane, Telescopic Handlers, Excavators, Loaders, Motor Graders, Road Construction Equipment, and Others. By drive type, the market is segmented into Hydraulic and Hybrid. By application, the market is segmented into Building Construction, Road Construction, and Others. By Country, the market is segmented into Germany, the United Kingdom, France, Italy, Spain, and the Rest of Europe. For each segment, the market sizing and forecast have been done based on the value (USD).
| Crane |
| Telescopic Handlers |
| Excavator |
| Loader |
| Motor Grader |
| Road Construction Equipment |
| Other Equipment |
| Hydraulic |
| Hybrid |
| Building Construction |
| Road Construction |
| Others |
| Germany |
| United Kingdom |
| France |
| Italy |
| Spain |
| Rest of Europe |
| By Machinery Type | Crane |
| Telescopic Handlers | |
| Excavator | |
| Loader | |
| Motor Grader | |
| Road Construction Equipment | |
| Other Equipment | |
| By Drive Type | Hydraulic |
| Hybrid | |
| By Application | Building Construction |
| Road Construction | |
| Others | |
| By Country | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Key Questions Answered in the Report
How big is the Europe Construction Equipment Rental Market?
The Europe Construction Equipment Rental Market size is expected to reach USD 35.44 billion in 2025 and grow at a CAGR of 5.5% to reach USD 46.32 billion by 2030.
What is the current Europe Construction Equipment Rental Market size?
In 2025, the Europe Construction Equipment Rental Market size is expected to reach USD 35.44 billion.
Who are the key players in Europe Construction Equipment Rental Market?
The Kiloutou Group, Boels Group, Sunbelt Rentals, Inc., Loxam Group and Caterpillar Inc. are the major companies operating in the Europe Construction Equipment Rental Market.
Which is the fastest growing region in Europe Construction Equipment Rental Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Europe Construction Equipment Rental Market?
In 2025, the Europe accounts for the largest market share in Europe Construction Equipment Rental Market.
What years does this Europe Construction Equipment Rental Market cover, and what was the market size in 2024?
In 2024, the Europe Construction Equipment Rental Market size was estimated at USD 33.49 billion. The report covers the Europe Construction Equipment Rental Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Construction Equipment Rental Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Europe Construction Equipment Rental Market Report
Statistics for the 2025 Europe Construction Equipment Rental market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Construction Equipment Rental analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
