North America Construction Equipment Rental Market Size & Outlook
The construction equipment rental market in North America is expected to reach a projected revenue of US$ 93,573.0 million by 2033. A compound annual growth rate of 4.5% is expected of North America construction equipment rental market from 2026 to 2033.
North America construction equipment rental market highlights
The North America construction equipment rental market generated a revenue of USD 66,421.3 million in 2025.
The market is expected to grow at a CAGR of 4.5% from 2026 to 2033.
In terms of segment, earthmoving machinery was the largest revenue generating product in 2025.
Concrete & road Construction is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, Mexico is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
Market revenue in 2025
USD 66,421.3 million
Market revenue in 2033
USD 93,573.0 million
Growth rate
4.5% (CAGR from 2026 to 2033)
Largest segment
Earthmoving machinery
Fastest growing segment
Concrete & road Construction
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Earthmoving machinery, Material handling machinery, Concrete & road Construction
Key market players worldwide
Caterpillar Inc, Finning International Inc, Liebherr Group, Kanamoto Co Ltd, United Rentals Inc, Ahern Rentals, AKTIO, Byrne, Cramo, Maxim Crane Works
Other key industry trends
In terms of revenue, North America region accounted for 31.1% of the global construction equipment rental market in 2025.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 190,691.9 million by 2033.
The North America construction equipment rental market is anticipated to grow at a CAGR of 4.8% over the forecast period 2019-2025. The region is characterized by the presence of a large number of rental service providers; furthermore, realizing the lucrative growth prospects, the manufacturers have also entered into rental business to gain market share in North America. North America is one of the prominent exporter of new & used equipment worldwide.
North America 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 Outlook will help companies and investors design strategic landscapes.
Earthmoving Machinery was the largest segment with a revenue share of 56.69% in 2025.
Horizon Databook has segmented the North America construction equipment rental market based on earthmoving machinery, material handling machinery, concrete & road construction covering the revenue growth of each sub-segment from 2021 to 2033.
The North America construction equipment rental market is anticipated to grow at a CAGR of 4.8% over the forecast period 2019-2025. The region is characterized by the presence of a large number of rental service providers; furthermore, realizing the lucrative growth prospects, the manufacturers have also entered into rental business to gain market share in North America. North America is one of the prominent exporter of new & used equipment worldwide.
North America Construction Equipment Rental Market Product Outlook (Revenue, USD Million , 2021-2033)
Earthmoving machinery
Material handling machinery
Concrete & road Construction
North America Construction Equipment Rental Market Propulsion Type Outlook (Revenue, USD Million , 2021-2033)
ICE
Electric
Reasons to subscribe to Construction Equipment Rental Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Construction Equipment Rental Market Outlook databook
Our clientele includes a mix of Construction Equipment Rental Market Outlook 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 continent-level data and insights on the North America Construction Equipment Rental Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Construction Equipment Rental Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Construction Equipment Rental Market, 2021-2033 (US$M)