Excavator Rental Market

Excavator Rental Market Analysis, By of Type (Compact Excavator, Crawler Excavator, Dragline Excavator, Long Reach Excavator, Suction Excavator) and Region- Market Insights 2023 to 2033

Analysis of Excavator Rental Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Excavator Rental Market Overview (2023 to 2033)

The excavator rental market size in terms of revenue was valued at US$ 5.8 Billion in 2022. The global market is projected to grow from US$ 6 Billion in 2023 to US$ 9.6 Billion by 2033-end, growing at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period from 2023 to 2033.

An excavator is a heavy construction machine with boom, bucket, and cab mounted on a rotating platform which is called the house. It is primarily designed for digging, moving, and lifting materials. Excavators are widely used for earthmoving tasks such as construction, landscaping, and mining activities.

The excavator rental market is evolving rapidly in recent years. The continuous innovations and technological advancements such as the integration of GPS and telematics systems have enhanced the overall performance and efficiency of the excavators to meet and cater to the evolving needs of the construction and landscaping industries.

Report Attributes Details
Excavator Rental Market Size (2022A) US$ 5.8 Billion
Estimated Market Value (2023E) US$ 6 Billion
Forecasted Market Value (2033F) US$ 9.6 Billion
Global Market Growth Rate (2023 to 2033) 4.7% CAGR
United States Market Share (2023) 27.7%
China Market Growth Rate (2023 to 2033) 5.0% CAGR
United States Market Growth Rate (2023 to 2033) 4.9% CAGR
Market Share of Top 3 Countries 59.3%
Key Companies Profiled United Rentals; Sunbelt Rentals; The Home Depot Rental; Herc Rentals; BigRentz; BlueLine Rental; Compact Power Equipment Rental; Rental One

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Analysis of Excavator Rental (2018 to 2022) Vs. Market Forecast Outlook (2023 to 2033)

The excavator rental market has experienced steady growth in the past few years. The market faced an economic slowdown as all construction and landscaping activities went to a halt due to the COVID-19 outbreak. The market has witnessed a progression by growing from US$ 4.8 Billion in 2018 to 5.8 Billion in 2022, recovering from the decline of the COVID-19 pandemic.

As soon as the activities resumed, many companies and contractors shifted towards rental services instead of making large capital investments to have ownership of the excavator. Businesses could opt for rental services according to the requirement for the short to long term of the project. The excavator rental market is expected to grow with the rise in urbanization and increasing population. As the modern infrastructure is expected to grow, there will be a need for new residential buildings, commercial complexes, roads, bridges, and other urban infrastructure.

Owing to the aforementioned market dynamics, the global market is anticipated to witness of 5.4% CAGR, projected to create an absolute dollar opportunity of US$ 3.5 Billion during the forecast period.

  • Short Term (2023 to 2026): Increase in construction activities, such as, residential buildings, commercial complexes and other urban structure will support the growth of the excavator rental market.
  • Medium Term (2026 to 2029): With the rise in population, landscaping and deforestation to construction in confined areas, wide variety of excavators will help in the expansion of excavator rental market.
  • Long Term (2029 to 2033): In long run, companies and contractor may prefer more to rent equipment as depending on projects and avoid high investments and save on high costs of the projects. Therefore, the excavator rental market may witness expansion over the period.

Over the 2018 to 2022 historical period, the global excavator rental market registered a CAGR of 4.9%, and according to Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 5.4% CAGR between 2023 and 2033.

Market share analysis of excavator rental based on mobility and region is illustrated briefly in the above image. Under the mobility segment, crawled tracked sub-segment will dominate with 69.1% market share in 2023.

How Increase in Government Capital Spending on Infrastructure Development Uplifting Market Growth?

The expansion of the excavator rental market is positively impacted by an increase in government capital expenditures for infrastructure construction. Excavators are more in demand when the government spends more money constructing infrastructure like roads, bridges, and buildings. Excavators are crucial tools used to dig, move, and lift materials in these construction operations.

More infrastructure projects are being started, therefore construction firms frequently opt to hire excavators rather than purchase them outright. Renting offers flexibility while avoiding the significant upfront costs of equipment purchases. This increases the demand for excavator rentals, which is advantageous for market rental firms.

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Will Increasing Urbanization Growth Rate Set to Provide Platform for Excavator Rental?

Excavator rental markets are anticipated to benefit significantly from rising urbanization growth rates. The need for construction and infrastructure development increases as more people relocate to cities and urban areas grow. Excavators are necessary tools in many urban construction projects, which is increasing the demand of rental services.

With the help of excavators tasks such as clearing land, preparing construction sites, and digging foundations can be easily executed. Therefore, renting excavators is the best option for building businesses. Renting provides flexibility by letting companies access the tools they require for particular projects without having to worry about long-term ownership or maintenance costs. Additionally, it gives access to a variety of excavator models and sizes that are suited to the particular needs of urban development.

Rental excavators are projected to be more in demand as urbanization keeps expanding. Due to their ability to meet the building needs of metropolitan areas, assist infrastructure development, and contribute to the expansion of the excavator rental market, rental firms can benefit from this trend in a positive way.

What Factors Are Restraining the Market Growth?

Changes in consumer choices, such as businesses choosing to purchase excavators rather than rent them, can also have an impact on the development of the rental industry. A challenge to long-term growth is posed by the intense competition among rental providers, which can lead to pricing pressures and dwindling profit margins. While advantageous, technological improvements can often have drawbacks. The availability of more modern excavators may reduce the need for older rental models, necessitating an upgrade and adaptation by rental businesses.

The rental market may also be impacted by modifications to laws governing building, safety, and environmental standards. The necessity for equipment adjustments or higher expenses for rental companies may result from complying with new rules.

Rental companies should concentrate on diversifying their services, offering value-added solutions, and maintaining competitive pricing to reduce these risks. To assure continued growth in the face of unforeseen obstacles, they should also keep an eye on industry trends, make equipment updates, and build solid customer relationships.

Know thy Competitors

Competitive landscape highlights only certain players
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Country-wise Insights

What Role Does the United States Play in Driving the Increasing Demand for the Excavator Rental Market?

The rising demand for the rental market for excavators is largely driven by the United States. The nation's construction industry is thriving, and there are many infrastructure projects underway, including roads, bridges, office buildings, and housing developments. Excavators are needed for these projects to complete activities like site preparation, foundation digging, and excavation.

The U.S. government's emphasis on infrastructure development has increased construction activity and raised the demand for excavator rentals. Additionally, the United States' rising urbanization rate has prompted more building in metropolitan areas, which has raised demand for excavators.

Additionally, a number of well-known rental companies with a broad selection of excavators are based in the United States such as United Rentals, HERC Rentals, which supports the market's expansion. Excavator rentals are easy and cost-effective for construction enterprises to choose over making sizable capital investments due to the competitive environment and accessibility of rental services. In general, the United States plays a vital role in accelerating the market for renting out excavators.

With respect to the aforementioned dynamics, the U.S. excavator rental market would nurture at a compound annual growth rate of 4.9% over the forecast years 2023 to 2033.

What Are the Trends That Have Impelled the Use of Excavator Rental in China.?

China has been rapidly urbanizing and developing its infrastructure, which has sparked an increase in construction activities. Excavators are in high demand due to the demand for construction projects, which has led some businesses to choose rental options in order to efficiently and economically satisfy their equipment needs.

The emphasis on environmental sustainability and lowering carbon emissions is another notable trend. Due to this, demand in electric excavators and other environmentally friendly machinery is rising. In response to this trend, rental businesses now include electric excavators in their rental fleet.

Additionally, as e-commerce and digitalization have grown in popularity, it has been simpler for construction companies to access and rent excavators online. Because of the simplicity and streamlined leasing process, more businesses are choosing rental services rather than buying equipment. Therefore, renting excavators is a flexible and cost-effective choice for companies in China's competitive construction market because it avoids significant upfront expenses and maintenance obligations. Together, these trends have fueled China's growing demand for excavator rentals. China’s excavator rental market would nurture at a compound annual growth rate of 5.0% over the forecast years 2023 to 2033.

Category-wise Insights

Which Mobility Category of Excavator Rental is Leading Sales Value?

Under the mobility segment, the Tracked sub-segment is anticipated to hold the dominating market share. The segment is attributed to holding an approximate share of 69.1% in the year 2023. Owing to easily moving in rough terrain, the tracked excavator is chosen to be the best suitable option for excavator rental.

The company’s and contractor’s preference for tracked over wheeled mobility is creating the market potential for ease of executing a task. Owing to this tracked excavator segment is expected to grow with a 5.0% CAGR over the assessment period.

Does Landscape & Maintenance sector Offer Significant Growth Opportunities?

The segment contributes near about 33.2% of the global market value. As with the rise in urbanization, landscaping & maintenance creates ample opportunity for the excavator rental market. Tasks such as demolishing buildings, digging, trenching, and other earthmoving activities can be performed easily with the wide variety of excavators provided by excavator rental companies.

Competitive Landscape

Prominent excavator rental manufacturers are Herc Rentals, United Rentals, and BlueLine Rentals.

Excavator rental service providers in order to attract customers and meet their varied needs, service providers maintain a diverse inventory of excavators. They ensure they have a wide range of options available, to cater to different industries and applications. Additionally, they regularly update their inventory with the latest models and technologically advanced excavators to offer customers the most up-to-date excavator.

Fact.MR has provided detailed information about the key rental service providers of excavators, their total fleet, service portfolio, and revenue growth, in the recently published report.

Segmentation of Excavator Rental Industry Research

  • By Type :

    • Compact Excavator
    • Crawler Excavator
    • Dragline Excavator
    • Long Reach Excavator
    • Suction Excavator
  • By Size :

    • Mini or Compact (<6 Ton)
    • Medium (6 – 10 Ton)
    • Standard/Full-Size (10 – 50 Ton)
    • Heavy Excavator(>50 ton)
  • By Mobility :

    • Crawler/Tracked
    • Wheeled
  • By Application :

    • Construction
    • Mining
    • Forestry & Agriculture
    • Landscape and Maintenance
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

  • 1. Market - Executive Summary
  • 2. Market Overview
  • 3. Market Background and Foundation Data
  • 4. Global Market - Rental Charges Analysis
  • 5. Global Market Value (US$ Million) Analysis and Forecast
  • 6. Global Market Analysis and Forecast, By Type
    • 6.1. Compact Excavator
    • 6.2. Crawler Excavator
    • 6.3. Dragline Excavator
    • 6.4. Long Reach Excavator
    • 6.5. Suction Excavator
  • 7. Global Market Analysis and Forecast, By Size
    • 7.1. Mini or Compact (<6 Ton)
    • 7.2. Medium (6 - 10 Ton)
    • 7.3. Standard/Full-Size (10 - 50 Ton)
    • 7.4. Heavy Excavator (>50 ton)
  • 8. Global Market Analysis and Forecast, By Mobility
    • 8.1. Crawler/Tracked
    • 8.2. Wheeled
  • 9. Global Market Analysis and Forecast, By Application
    • 9.1. Construction
    • 9.2. Mining
    • 9.3. Forestry & Agriculture
    • 9.4. Landscape and Maintenance
    • 9.5. Others
  • 10. Global Market Analysis and Forecast, By Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Europe
    • 10.4. East Asia
    • 10.5. South Asia & Oceania
    • 10.6. MEA
  • 11. North America Market Analysis and Forecast
  • 12. Latin America Market Analysis and Forecast
  • 13. Europe Market Analysis and Forecast
  • 14. East Asia Market Analysis and Forecast
  • 15. South Asia & Oceania Market Analysis and Forecast
  • 16. Middle East & Africa Market Analysis and Forecast
  • 17. Country-level Market Analysis and Forecast
  • 18. Market Structure Analysis
  • 19. Market Competition Analysis
    • 19.1. BigRentz
    • 19.2. BlueLine Rental
    • 19.3. Compact Power Equipment Rental
    • 19.4. Herc Rentals
    • 19.5. Rental One
    • 19.6. Sunbelt Rentals
    • 19.7. The Home Depot Rental
    • 19.8. United Rentals
  • 20. Assumptions & Acronyms Used
  • 21. Research Methodology

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List Of Table

Table 1: Global Market Value (US$ million) and Forecast by Region, 2018 to 2022

Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033

Table 3: Global Market and Forecast by Region, 2018 to 2022

Table 4: Global Market and Forecast by Region, 2023 to 2033

Table 5: Global Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 6: Global Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 7: Global Market and Forecast By Type, 2018 to 2022

Table 8: Global Market and Forecast By Type, 2023 to 2033

Table 9: Global Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 10: Global Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 11: Global Market and Forecast By Size, 2018 to 2022

Table 12: Global Market and Forecast By Size, 2023 to 2033

Table 13: Global Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 14: Global Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 15: Global Market and Forecast By Mobility, 2018 to 2022

Table 16: Global Market and Forecast By Mobility, 2023 to 2033

Table 17: Global Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 18: Global Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 19: Global Market and Forecast By Application, 2018 to 2022

Table 20: Global Market and Forecast By Application, 2023 to 2033

Table 21: North America Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 22: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 23: North America Market and Forecast by Country, 2018 to 2022

Table 24: North America Market and Forecast by Country, 2023 to 2033

Table 25: North America Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 26: North America Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 27: North America Market and Forecast By Type, 2018 to 2022

Table 28: North America Market and Forecast By Type, 2023 to 2033

Table 29: North America Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 30: North America Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 31: North America Market and Forecast By Size, 2018 to 2022

Table 32: North America Market and Forecast By Size, 2023 to 2033

Table 33: North America Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 34: North America Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 35: North America Market and Forecast By Mobility, 2018 to 2022

Table 36: North America Market and Forecast By Mobility, 2023 to 2033

Table 37: North America Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 38: North America Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 39: North America Market and Forecast By Application, 2018 to 2022

Table 40: North America Market and Forecast By Application, 2023 to 2033

Table 41: Latin America Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 42: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 43: Latin America Market and Forecast by Country, 2018 to 2022

Table 44: Latin America Market and Forecast by Country, 2023 to 2033

Table 45: Latin America Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 46: Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 47: Latin America Market and Forecast By Type, 2018 to 2022

Table 48: Latin America Market and Forecast By Type, 2023 to 2033

Table 49: Latin America Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 50: Latin America Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 51: Latin America Market and Forecast By Size, 2018 to 2022

Table 52: Latin America Market and Forecast By Size, 2023 to 2033

Table 53: Latin America Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 54: Latin America Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 55: Latin America Market and Forecast By Mobility, 2018 to 2022

Table 56: Latin America Market and Forecast By Mobility, 2023 to 2033

Table 57: Latin America Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 58: Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 59: Latin America Market and Forecast By Application, 2018 to 2022

Table 60: Latin America Market and Forecast By Application, 2023 to 2033

Table 61: Europe Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 62: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 63: Europe Market and Forecast by Country, 2018 to 2022

Table 64: Europe Market and Forecast by Country, 2023 to 2033

Table 65: Europe Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 66: Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 67: Europe Market and Forecast By Type, 2018 to 2022

Table 68: Europe Market and Forecast By Type, 2023 to 2033

Table 69: Europe Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 70: Europe Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 71: Europe Market and Forecast By Size, 2018 to 2022

Table 72: Europe Market and Forecast By Size, 2023 to 2033

Table 73: Europe Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 74: Europe Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 75: Europe Market and Forecast By Mobility, 2018 to 2022

Table 76: Europe Market and Forecast By Mobility, 2023 to 2033

Table 77: Europe Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 78: Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 79: Europe Market and Forecast By Application, 2018 to 2022

Table 80: Europe Market and Forecast By Application, 2023 to 2033

Table 81: East Asia Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 82: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 83: East Asia Market and Forecast by Country, 2018 to 2022

Table 84: East Asia Market and Forecast by Country, 2023 to 2033

Table 85: East Asia Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 86: East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 87: East Asia Market and Forecast By Type, 2018 to 2022

Table 88: East Asia Market and Forecast By Type, 2023 to 2033

Table 89: East Asia Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 90: East Asia Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 91: East Asia Market and Forecast By Size, 2018 to 2022

Table 92: East Asia Market and Forecast By Size, 2023 to 2033

Table 93: East Asia Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 94: East Asia Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 95: East Asia Market and Forecast By Mobility, 2018 to 2022

Table 96: East Asia Market and Forecast By Mobility, 2023 to 2033

Table 97: East Asia Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 98: East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 99: East Asia Market and Forecast By Application, 2018 to 2022

Table 100: East Asia Market and Forecast By Application, 2023 to 2033

Table 101: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 102: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 103: South Asia & Oceania Market and Forecast by Country, 2018 to 2022

Table 104: South Asia & Oceania Market and Forecast by Country, 2023 to 2033

Table 105: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 106: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 107: South Asia & Oceania Market and Forecast By Type, 2018 to 2022

Table 108: South Asia & Oceania Market and Forecast By Type, 2023 to 2033

Table 109: South Asia & Oceania Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 110: South Asia & Oceania Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 111: South Asia & Oceania Market and Forecast By Size, 2018 to 2022

Table 112: South Asia & Oceania Market and Forecast By Size, 2023 to 2033

Table 113: South Asia & Oceania Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 114: South Asia & Oceania Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 115: South Asia & Oceania Market and Forecast By Mobility, 2018 to 2022

Table 116: South Asia & Oceania Market and Forecast By Mobility, 2023 to 2033

Table 117: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 118: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 119: South Asia & Oceania Market and Forecast By Application, 2018 to 2022

Table 120: South Asia & Oceania Market and Forecast By Application, 2023 to 2033

Table 121: MEA Market Value (US$ million) and Forecast by Country, 2018 to 2022

Table 122: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033

Table 123: MEA Market and Forecast by Country, 2018 to 2022

Table 124: MEA Market and Forecast by Country, 2023 to 2033

Table 125: MEA Market Value (US$ million) and Forecast By Type, 2018 to 2022

Table 126: MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033

Table 127: MEA Market and Forecast By Type, 2018 to 2022

Table 128: MEA Market and Forecast By Type, 2023 to 2033

Table 129: MEA Market Value (US$ million) and Forecast By Size, 2018 to 2022

Table 130: MEA Market Value (US$ million) and Forecast By Size, 2023 to 2033

Table 131: MEA Market and Forecast By Size, 2018 to 2022

Table 132: MEA Market and Forecast By Size, 2023 to 2033

Table 133: MEA Market Value (US$ million) and Forecast By Mobility, 2018 to 2022

Table 134: MEA Market Value (US$ million) and Forecast By Mobility, 2023 to 2033

Table 135: MEA Market and Forecast By Mobility, 2018 to 2022

Table 136: MEA Market and Forecast By Mobility, 2023 to 2033

Table 137: MEA Market Value (US$ million) and Forecast By Application, 2018 to 2022

Table 138: MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033

Table 139: MEA Market and Forecast By Application, 2018 to 2022

Table 140: MEA Market and Forecast By Application, 2023 to 2033

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List Of Figures

Figure 1: Global Market Value (US$ million) and Forecast, 2023 to 2033

Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 3: Global Market Value (US$ million) and by Region, 2023 & 2033

Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033

Figure 5: Global Market Value (US$ million) and By Type, 2023 & 2033

Figure 6: Global Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 7: Global Market Value (US$ million) and By Size, 2023 & 2033

Figure 8: Global Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 9: Global Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 10: Global Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 11: Global Market Value (US$ million) and By Application, 2023 & 2033

Figure 12: Global Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 13: North America Market Value (US$ million) and Forecast, 2023 to 2033

Figure 14: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 15: North America Market Value (US$ million) and by Country, 2023 & 2033

Figure 16: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 17: North America Market Value (US$ million) and By Type, 2023 & 2033

Figure 18: North America Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 19: North America Market Value (US$ million) and By Size, 2023 & 2033

Figure 20: North America Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 21: North America Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 22: North America Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 23: North America Market Value (US$ million) and By Application, 2023 & 2033

Figure 24: North America Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 25: North America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 26: North America Market Attractiveness Analysis By Type, 2023 to 2033

Figure 27: North America Market Attractiveness Analysis By Size, 2023 to 2033

Figure 28: North America Market Attractiveness Analysis By Mobility, 2023 to 2033

Figure 29: North America Market Attractiveness Analysis By Application, 2023 to 2033

Figure 30: Latin America Market Value (US$ million) and Forecast, 2023 to 2033

Figure 31: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 32: Latin America Market Value (US$ million) and by Country, 2023 & 2033

Figure 33: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 34: Latin America Market Value (US$ million) and By Type, 2023 & 2033

Figure 35: Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 36: Latin America Market Value (US$ million) and By Size, 2023 & 2033

Figure 37: Latin America Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 38: Latin America Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 39: Latin America Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 40: Latin America Market Value (US$ million) and By Application, 2023 & 2033

Figure 41: Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 42: Latin America Market Attractiveness Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Attractiveness Analysis By Type, 2023 to 2033

Figure 44: Latin America Market Attractiveness Analysis By Size, 2023 to 2033

Figure 45: Latin America Market Attractiveness Analysis By Mobility, 2023 to 2033

Figure 46: Latin America Market Attractiveness Analysis By Application, 2023 to 2033

Figure 47: Europe Market Value (US$ million) and Forecast, 2023 to 2033

Figure 48: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 49: Europe Market Value (US$ million) and by Country, 2023 & 2033

Figure 50: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 51: Europe Market Value (US$ million) and By Type, 2023 & 2033

Figure 52: Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 53: Europe Market Value (US$ million) and By Size, 2023 & 2033

Figure 54: Europe Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 55: Europe Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 56: Europe Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 57: Europe Market Value (US$ million) and By Application, 2023 & 2033

Figure 58: Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 59: Europe Market Attractiveness Analysis by Country, 2023 to 2033

Figure 60: Europe Market Attractiveness Analysis By Type, 2023 to 2033

Figure 61: Europe Market Attractiveness Analysis By Size, 2023 to 2033

Figure 62: Europe Market Attractiveness Analysis By Mobility, 2023 to 2033

Figure 63: Europe Market Attractiveness Analysis By Application, 2023 to 2033

Figure 64: East Asia Market Value (US$ million) and Forecast, 2023 to 2033

Figure 65: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 66: East Asia Market Value (US$ million) and by Country, 2023 & 2033

Figure 67: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 68: East Asia Market Value (US$ million) and By Type, 2023 & 2033

Figure 69: East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 70: East Asia Market Value (US$ million) and By Size, 2023 & 2033

Figure 71: East Asia Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 72: East Asia Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 73: East Asia Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 74: East Asia Market Value (US$ million) and By Application, 2023 & 2033

Figure 75: East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 76: East Asia Market Attractiveness Analysis by Country, 2023 to 2033

Figure 77: East Asia Market Attractiveness Analysis By Type, 2023 to 2033

Figure 78: East Asia Market Attractiveness Analysis By Size, 2023 to 2033

Figure 79: East Asia Market Attractiveness Analysis By Mobility, 2023 to 2033

Figure 80: East Asia Market Attractiveness Analysis By Application, 2023 to 2033

Figure 81: South Asia & Oceania Market Value (US$ million) and Forecast, 2023 to 2033

Figure 82: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 83: South Asia & Oceania Market Value (US$ million) and by Country, 2023 & 2033

Figure 84: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 85: South Asia & Oceania Market Value (US$ million) and By Type, 2023 & 2033

Figure 86: South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 87: South Asia & Oceania Market Value (US$ million) and By Size, 2023 & 2033

Figure 88: South Asia & Oceania Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 89: South Asia & Oceania Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 90: South Asia & Oceania Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 91: South Asia & Oceania Market Value (US$ million) and By Application, 2023 & 2033

Figure 92: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033

Figure 94: South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033

Figure 95: South Asia & Oceania Market Attractiveness Analysis By Size, 2023 to 2033

Figure 96: South Asia & Oceania Market Attractiveness Analysis By Mobility, 2023 to 2033

Figure 97: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033

Figure 98: MEA Market Value (US$ million) and Forecast, 2023 to 2033

Figure 99: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033

Figure 100: MEA Market Value (US$ million) and by Country, 2023 & 2033

Figure 101: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033

Figure 102: MEA Market Value (US$ million) and By Type, 2023 & 2033

Figure 103: MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033

Figure 104: MEA Market Value (US$ million) and By Size, 2023 & 2033

Figure 105: MEA Market Y-o-Y Growth Rate By Size, 2023 to 2033

Figure 106: MEA Market Value (US$ million) and By Mobility, 2023 & 2033

Figure 107: MEA Market Y-o-Y Growth Rate By Mobility, 2023 to 2033

Figure 108: MEA Market Value (US$ million) and By Application, 2023 & 2033

Figure 109: MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033

Figure 110: MEA Market Attractiveness Analysis by Country, 2023 to 2033

Figure 111: MEA Market Attractiveness Analysis By Type, 2023 to 2033

Figure 112: MEA Market Attractiveness Analysis By Size, 2023 to 2033

Figure 113: MEA Market Attractiveness Analysis By Mobility, 2023 to 2033

Figure 114: MEA Market Attractiveness Analysis By Application, 2023 to 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the global excavator rental market size?

The global excavator rental market is expected to be valued at US$ 6 billion in 2023.

How is the market for excavator rental expected to fare going forward?

Worldwide demand for excavator rental is anticipated to reach US$ 9.6 billion by 2033-end.

How did the market perform over the last few years?

During 2018-2022, demand for excavator rental increased by 4.9% CAGR.

Which country excavator rental market accounts for a leading market share?

The United States tops the global excavator rental market, which accounts for 27.7% market share in 2023.

Which segment holds the highest market share?

Tracked under the mobility segment is predicted to account for a 69.1% share of global market in 2023.

- Also of Interest -

Backhoe Rental Market

Backhoe Rental Market Analysis, By Type (Center Mount Backhoe and Sideshift Backhoe), By Engine Power (Up to 80 HP, 80-100 HP, and Over 100 HP) and Region - Market Insights 2023 to 2033

Skid Steer Rental Market

Skid Steer Rental Market Analysis By Engine Power (Up to 60 HP, 60-80 HP, above 80 HP), By Lift Type (Radial and Vertical) and Region - Market Insights 2023 to 2033

Dump Truck Rental Market

Dump Truck Rental Market Analysis By Type (Rear Dump, Side Dump, and Bottom Dump), By Capacity (Up To 5 Tons, 5--20 Tons, and Above 20 Tons) and Region- Market Insights 2023 to 2033

Excavator Rental Market

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