Mexico Construction Equipment Rental Market Size & Outlook

The construction equipment rental market in Mexico is expected to reach a projected revenue of US$ 2,793.0 million by 2030. A compound annual growth rate of 4.6% is expected of Mexico construction equipment rental market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,045.3
Forecast, 2030 (US$M)
$2,793.0
CAGR, 2024 - 2030
4.6%
Report Coverage
Mexico

Mexico construction equipment rental market highlights

  • The Mexico construction equipment rental market generated a revenue of USD 2,045.3 million in 2023 and is expected to reach USD 2,793.0 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 4.6% 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 2023USD 2,045.3 million
Market revenue in 2030USD 2,793.0 million
Growth rate4.6% (CAGR from 2023 to 2030)
Largest segmentEarth moving machinery
Fastest growing segmentConcrete & Road Construction Machinery
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEarth Moving Machinery, Material Handling Machinery, Concrete & Road Construction Machinery
Key market players worldwideCaterpillar Inc, Finning International Inc, Liebherr Group, Kanamoto Co Ltd, United Rentals Inc

Other key industry trends

  • In terms of revenue, Mexico accounted for 1.0% 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 Latin America, Brazil construction equipment rental market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 4,132.9 million by 2030.

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Construction Equipment Rental Market Companies

Name Profile # Employees HQ Website

Mexico 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 58.85% in 2023. Horizon Databook has segmented the Mexico 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.


  • Mexico 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
  • Mexico Construction Equipment Rental Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
    • ICE
    • Electric

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Target buyers of Mexico construction equipment rental market databook

  • Our clientele includes a mix of construction equipment rental market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Mexico construction equipment rental market , including forecasts for subscribers. This country databook contains high-level insights into Mexico construction equipment rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico construction equipment rental market size, by product, 2018-2030 (US$M)

Mexico Construction Equipment Rental Market Outlook Share, 2023 & 2030 (US$M)

Mexico construction equipment rental market size, by product, 2018-2030 (US$M)

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