General Construction Products & Machinery · Indirect
Monitoring · monthlyProcurement Category Intelligence
Tool Rental
Overview
Market size
$65.2B
global, USD
CAGR
5.1%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$83.6B
What changed
Demand by region
North America demand45%
Europe demand25%
Asia Pacific demand20%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Equipment depreciation and fleet replacement capital expenditure40%
Labor including maintenance technicians and branch operations25%
Logistics delivery and fleet transportation fuel15%
Facility overhead and rental branch maintenance10%
Insurance and risk management liabilities10%
share of delivered cost (analyst estimate)