General Construction Products & Machinery

Earthmoving Machine Rental: Market Size, Growth & Forecast to 2030

The Earthmoving Machine Rental market is valued at about $142 billion (2026) and is projected to grow at a 4.3% CAGR through 2030. The largest cost driver is Equipment depreciation and capital cost (35% of spend). North America leads demand at 40%.

Market size
$142.0 bn (2026)
CAGR to 2030
+4.3%
Buyer power
Favours buyers
Tracked suppliers
150

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.3% CAGR.

1231161081001002026104.32027108.82028113.52029118.32030123.42031

Cost structure

Equipment depreciation and capital cost
35%
Maintenance, parts, and tires
25%
Labor and technician wages
20%
Logistics, transport, and fuel
12%
Insurance and overhead
8%

Regional demand split

North America demand
40%
Europe demand
25%
Asia Pacific demand
20%
Latin America demand
8%
Rest of world demand
7%

Key suppliers

United Rentals, Inc.Ashtead Group plc (Sunbelt Rentals)Herc Holdings Inc. (Herc Rentals)H&E Equipment Services
Read the full Earthmoving Machine Rental report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/earthmoving-machine-rental