Piyasa bakış

The construction equipment rental market in Italy was estimated to be worth USD 1.13 milyar 2022, and it is projected to reach USD 1.67 milyar tarafından 2029, with a compound annual growth rate (CAGR) ile ilgili 5.75%. In response to the economic impact caused by the pandemic, the Italian government introduced the ‘Relaunch Decree’ in 2020, allocating USD 58.2 billion to revive the economy. This policy provided various incentives and income support to households, workers, and businesses. Specifically, the ‘Relaunch Decree’ and ‘Super Bonus’ initiatives targeted the residential sector, which is expected to drive the demand for rental construction equipment in the forecast period.

One of the significant segments in the Italy construction equipment rental market is material handling, with aerial platforms being the largest share in 2022. Furthermore, in 2022, the government announced an investment of USD 4.1 billion to upgrade water infrastructure and reduce leaks in cities and the agricultural sector. This initiative includes inspecting water supply, detecting and repairing leaks, and improving irrigation channels. bunlara ek olarak, the government invested USD 3.1 billion in road and rail links across the country, with several infrastructure projects planned, including rail infrastructure, road infrastructure, port infrastructure, transport building works, railway stations, water projects, port projects, and rapid mass transport projects to promote sustainable mobility.

Under the ‘Next Generation Italia’ Recovery Plan, a total of USD 211.0 billion was granted, which includes investments in high-speed roads, logistics transport, and energy efficiency. Dahası, programs like ‘Italia Veloce’ aim to revitalize major infrastructure projects, such as the high-speed line between Brescia and Padua.

Italy also focuses on ethical mining practices and joined the US-led Mineral Security Partnership in 2023 to prevent investment in projects that could harm precious rainforests.

The government allocated USD 36.1 billion in the 2021 Budget to the Ministry of Infrastructure & Sustainable Mobility (MIMIS) for expanding the country’s mobility systems, with a focus on energy transition and environmental sustainability. bunlara ek olarak, in February 2023, Webuild Construction received a grant of USD 354.0 million to construct a 13-kilometer rail bypass in the Fortezza-Verona section of the high-speed railway south of the Brenner Base Tunnel. The project is estimated to create around 1,000 direct and indirect jobs.

Investments in healthcare infrastructure were also made, with the Ministry of Health (MoH) announcing USD 151 million to upgrade and redevelop the Hospital of Cattinara in Trieste. This project aims to build two six-story hospital buildings with a total area of 20,439 square meters and 730 beds on 22.2 hectares of land, scheduled for completion in 2023.

The Italian government plans to invest approximately USD 60 billion in repairing surface transportation nationwide. As part of this, the development of the Glassboro-Camden rail line, costing USD 1.6 to USD 1.8 milyar, is expected to be completed in 2028. Various other infrastructure projects, such as the establishment of GLP-certified warehousing space in Anagni and high-speed rail links like the Turin-Lyon line and the Brenner Base Tunnel, are also underway.

Rental companies in Italy are incorporating advanced technologies to protect their equipment from unauthorized usage. For instance, Jungheinrich, a rental company, uses EasyAccess technology in their forklifts, which allows customers to manage keyless access and records the last ten usages to prevent misuse.

In February 2023, the European Investment Bank (EIB) provided a loan of USD 52.9 million to Asja Ambiente Italia for the construction of wind and solar power plants in Campania, Sardinia, and Sicily. These power plants will have a combined capacity of 238-megawatt peak (MWp) and generate 460-gigawatt hours (GWh) of energy annually, providing for over 190,000 households in Italy.

Italy has made significant investments in renewable energy projects, with USD 6.2 billion allocated under the National Recovery & Resilience Plan (NRRP) in 2021. bunlara ek olarak, the Italian parliament approved an investment of USD 25.2 billion from European Union funds in projects related to renewable energy, hydrogen, smart grids, and mobility. Sunwin Energy, a Swiss energy company, signed an agreement in November 2022 to sell its 375 MW solar portfolio in Italy, with projects scheduled to go online between 2022 Ve 2026.

Ferrovie dello Stato Italiane (FS Group), the Italian railway company, announced an investment of USD 169.5 billion in infrastructure and USD 201.3 billion in overall transport over the next decade. This investment aims to increase rail capacity by 20% and reduce travel time to major Italian cities.

The NRRP also contributed USD 42.3 billion towards infrastructure works, with an additional USD 20.1 billion allocated for projects of higher complexity. Notable projects include the Treviglio-Brescia and Milan-Genoa high-speed rail lines, as well as the expansion of Fiumicino airport in Rome.

Italy is experiencing a shortage of skilled labor, which is affecting various sectors, including construction. İçinde 2022, the construction sector faced a shortage of 260,000 workers, while other sectors such as food & beverages, textiles, chemicals, and tourism also struggled to fill vacancies. The pandemic worsened the labor shortage, with around 215,000 job losses in the tourism sector alone in 2020.

Rising energy prices and high mortgage rates are significant challenges in the housing market in Italy. Housing prices increased by 1.7% in June 2022 compared to the previous year, and mortgage rates became more expensive due to increased interest rates set by the EIB to control inflation. The average cost of buying a house in Italy ranges from USD 2,047.3 million to USD 2,674.5 million per square meter. For example, in Milan, the average price for residential houses in March 2022 was USD 4,238.9 million per square meter.

Inflation in Italy reached 8.7% in 2022, mainly due to unexpected events like the lockdown in China and the war in Ukraine, which disrupted the supply chain in Europe. Iron and steel prices increased by approximately 226.7% compared to 2020, and prices of other important materials such as polyethylene, copper, and diesel also rose significantly, according to the National Association of Building Contractors.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including type and end user.

Segmentation by Type
Earthmoving Equipment – Excavator, Backhoe Loaders, Motor Graders, Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers)
Material Handling Equipment – Crane, Forklift & Telescopic Handlers, Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)
Road Construction Equipment – Road Rollers, Asphalt Pavers

Segmentation by End Users
Yapı
Logistics & Warehouse
Mining
Diğerleri

The construction equipment rental market in Italy is expected to experience high incremental growth in the material handling equipment segment. This growth is primarily attributed to increased investments in housing, public infrastructure, and renovation projects.

İçinde 2022, the earthmoving equipment segment accounted for 39.7% of the construction equipment rental market in Italy. It is projected that the earthmoving construction equipment rental market will reach $671.0 million by 2029, with a compound annual growth rate (CAGR) ile ilgili 5.87%. The utilization of earthmoving equipment is crucial for repair and maintenance projects across industries such as construction, mining, and renewable energy.

The growth of the construction industry in Italy is expected to be driven by government investments under the Next Generation Italia Recovery Plan (NNRP). The plan allocates a total of $211.0 milyar, including specific funds of $29 billion for high-speed roads, $3.9 billion for logistics transport, Ve $30.6 billion for energy efficiency. bunlara ek olarak, the Italia Veloce initiative aims to revitalize 60 major infrastructure projects, such as the high-speed line between Brescia and Padua.

Furthermore, in 2022, the application of rental construction equipment in the construction industry represented 47.3% of the Italian market. It is anticipated that this segment will reach $796.9 million by 2029, growing at a CAGR of 5.82%. This emphasizes the significance of construction equipment rentals as a cost-effective solution for various construction projects, aligning with the government’s vision for economic recovery and development.

Rekabetçi Ortam

Prominent vendors in the construction equipment rental market in Italy include Caterpillar, Volvo Construction Equipment, Liebherr, Hitachi Construction Machinery, Komatsu, Hyundai Construction Equipment, JCB, SANY, and CNH Industrial. bunlara ek olarak, other prominent vendors in the market are Kobelco, Yanmar, Manitou Group, John Deere, and Merlo.

Leaders in the Italy construction equipment rental market are Liebherr, Caterpillar, Volvo Construction Equipment, Komatsu, Hitachi Construction Machinery, and CNH Industrial. These companies have a significant market share and offer a wide range of products.

Emerging strong in the market are JCB, SANY, and Hyundai Construction Equipment. These companies are introducing innovative products to gain a larger share of the construction equipment market. For example, Hyundai Construction Equipment recently launched 15 new pieces of equipment, including excavators and wheeled loaders.

Kobelco specializes in the production of excavators, cranes, and construction equipment spare parts. ROMANA Diesel is one of the few distributors in Italy for Kobelco. In addition to dealing in new and used equipment, they also provide rental construction equipment services in the region.

Cevaplanan Anahtar Sorular

What is the size of the construction equipment rental market in Italy?

The construction equipment rental market in Italy had a value of USD 1.13 milyar 2022 USD'ye ulaşması bekleniyor 1.67 milyar tarafından 2029.

What is the growth rate of the construction equipment rental market in Italy?

The construction equipment rental market in Italy is expected to grow at a compound annual growth rate (CAGR) ile ilgili 5.75% itibaren 2022 ile 2029.

Which rental companies are prominent in the construction equipment rental market in Italy?

Kiloutou, CGT S.p.A., MOLO SRL, Jungheinrich, Loxam Piattaforme Aeree, and Federservizi are prominent rental companies in the construction equipment rental market in Italy.

What are the key trends in the construction equipment rental market in Italy?

The key trends in the construction equipment rental market in Italy include the integration of digital technology in rental fleets, adoption of technological solutions, and the introduction of electric construction equipment.

Who are the key players in the construction equipment rental market in Italy?

The key players in the construction equipment rental market in Italy include Caterpillar, Komatsu, Volvo Construction Equipment, Hitachi Construction Machinery, Liebherr, Hyundai Construction Equipment, CNH Industrial, JCB, and SANY.