Europe Construction Machinery Rental Market Share

Market Share of Europe Construction Machinery Rental Industry

The Europe Construction Rental Machinery market is dominated by several key players such as Caterpillar, Kobelco Construction Machinery, Deere & Company, Komatsu Ltd, Volvo Group, Doosan Infracore, and XCMG. The rapid expansion of construction machinery rental services across the region and the increase in acquisition between the key players is likely to witness major growth for the market during the forecast period.

• In November 2022, John Deere announced its first offering of wheel loaders in the United Kingdom and Germany at Bauma 2022. The 744 P-tier and 824 P-tier models are the first performance-tiered loaders available in select European countries. The Wirtgen Group will manage the distribution of the P-Tier line-up through their European dealer network as part of the Deere and Company family of brands.
• In December 2022, The Loxam Group announces the acquisition of HR - ALUGUER DE EQUIPAMENTOS S.A. ('HR') a leading general equipment rental player in Portugal to strengthen its presence in Portugal.
• In August 2022, Ardent Hire announces the launch of a New Delivery Tracker. Ardent'snew delivery tracker provides unprecedented transparency on equipment deliveries, real-time ETAs, details of the equipment being delivered, delivery vehicle details, and driver information.
• In July 2022, The Loxam Group announced the acquisition of SofranelSAS (Sofranel) and Société Cominoise de Location SAS (SCL) to strengthen its presence in the North of France.

Europe Construction Machinery Rental Market Leaders

1. Caterpillar Inc

2. LOXAM SAS

3. Kiloutou Group

4. Ahern Rentals (United Rentals)

5. Liebherr Group

*Disclaimer: Major Players sorted in no particular order