市场概况

The estimated size of the U.S. construction equipment rental market in 2022 was USD 39.2 十亿, 预计将达到美元 54.17 十亿 2029, 复合年增长率为 4.73% 在预测期内. 在 2021, the Biden-Harris administration signed the Bipartisan Infrastructure Law (BIL), which aims to enhance the nation’s infrastructure and competitiveness by reconstructing roads, bridges, ports, and airports. The law also includes the modernization of rail systems and the provision of cleaner and more affordable energy. 十一月 2022, investments in the construction industry reached USD 1,807.5 十亿, with USD 1,426.4 billion allocated to private construction. The implementation of BIL, focused on upgrading and renovating the aging infrastructure of the country, is expected to drive the growth of the U.S. construction equipment rental market.

Within the U.S. construction equipment rental market, the material handling segment accounted for the largest share in 2022. Specifically, aerial platforms were the most prominent within the material handling segment due to the construction of various infrastructure and residential projects in the country. 例如, Tres Birds, an architect based in Denver, announced the development of the tallest mass timber building in 2022.

Investments from major companies also play a significant role in driving growth. Intel, for example, announced plans to build two chip factories in Ohio with an investment of over USD 20 十亿. General Motors Co. also intends to invest USD 7 billion in developing four manufacturing factories in Michigan, creating thousands of new jobs.

此外, construction projects such as the JPMorgan Chase World Headquarters in New York contribute to the demand for renting aerial platforms. This skyscraper, designed to be the city’s largest all-electric tower, is expected to be completed in 2024 and will offer a large ground-level outdoor space.

In terms of investment trends, the manufacturing industry received USD 121.3 十亿 2021, primarily in chemical manufacturing and computer and electronic products. Real estate, rental, and leasing investments also amounted to USD 43.8 十亿. 此外, greenfield investment reached USD 3.4 十亿 2021.

To upgrade terminals, the Federal Aviation Administration (FAA) allocated USD 3 billion to improve 3,075 airports across the United States, while the U.S. Army Corps of Engineers (USACE) provided USD 3.9 billion to strengthen ports, waterways, and supply chains through over 16 construction projects in ten states.

The development of California’s high-speed rail system, spanning 800 miles and connecting major cities like San Francisco, Los Angeles, Sacramento, and San Diego, is estimated to be completed by 2033. The project, costing USD 68 十亿, involves federal investment, state bonds, and public-private partnerships. The construction follows environmentally friendly practices, including the recycling of concrete and steel. The transportation system will accommodate up to 1,300 passengers per train and will adopt technology from high-speed trains in Japan, 德国, 和法国.

The government has committed approximately USD 60 billion to repair surface transportation nationwide. 此外, the Glassboro-Camden rail line development, estimated to cost USD 1.6 兑美元 1.8 十亿, is scheduled to be completed in 2028 and will include stops at various stations.

In terms of warehousing, Prologis, a U.S. logistics giant, plans to construct a large warehouse near the airport on a 50,000 square meter site. The warehouse will be 12 meters high and is expected to be completed by Q2 2023. 而且, Lower Silesia is currently witnessing the construction of over 600,000 square meters of modern warehouses.

The US Department of Transportation (USDOT) and Federal Highway Administration (FHWA) have allocated around USD 120 billion to improve highways and bridges between 2022 和 2023. 十一月 2022, a list of over 2,800 bridges was released for upgrades. 此外, USDOT has committed USD 2.2 billion in the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program, which includes 166 projects aimed at modernizing local transportation infrastructure such as roads, bridges, and rails. 此外, the Infrastructure Bill has approved Electric Vehicle Infrastructure Deployment Plans under the National Electric Vehicle Infrastructure (NEVI) initiative, which involves investing over USD 7.5 billion in the construction of EV charging stations across all 50 states.

在 2022, the US construction industry faced several significant challenges, including rising material prices, labor costs, staff shortages, supply chain issues, and depleted stocks due to global uncertainties. The inflation rate in July 2022 reached a peak of 9.06% in the country, and the International Monetary Fund (IMF) projected an inflation rate of 8.1% for 2023.

According to the US Bureau of Labour Statistics, input prices for non-residential construction increased by more than 24% 在 2022. Construction costs rose by 13.2% after January 2022, with highway and street construction costs increasing by 20%, and steel mill product costs soaring by 113%. Supply disruptions have also resulted in a scarcity of new equipment, leading to a surge in equipment prices. These factors create a favorable opportunity for the US construction equipment rental market.

在 2022, US mines produced approximately USD 90.4 billion worth of mineral commodities, marking an increase of USD 9.7 billion compared to 2020. Crushed stone stood out as the leading non-fuel commodity produced in 2021, while metal mine production was valued at USD 33.8 billion in the same year. Copper accounted for 35% of metal mine production, followed by gold (31%), 铁矿 (13%), and zinc (7%). Arizona, Nevada, Texas, California, Minnesota, Alaska, Utah, Florida, Missouri, and Michigan were the top ten mineral-producing states in 2021.

The Morenci Mine in Arizona, a copper mining project, produced approximately 69.5 Mt of run-of-mine copper in 2021 and is expected to operate until 2044. The North Antelope Rochelle coal mining project generated around 76.5 Mt of run-of-mine coal in 2021 and is scheduled to close in 2047.

To achieve net-zero emissions by 2050 and a 65% reduction by 2030, the US government announced its commitment in 2022. Industries are now shifting towards zero-emission power sources. 例如, United Rentals, the world’s largest rental company, partnered with Turner to reduce their environmental impact and assist customers in minimizing their carbon footprint. United Rentals also introduced emissions tracking systems in their rental equipment to allow customers to assess their environmental footprint.

Residential construction in the US declined to its lowest point in 2022 due to high mortgage rates and construction material prices. In October 2022, the average interest rate reached 7.06%, and house prices increased by 40% 相比 2020, 达到美元 525,000. The Federal Reserve predicts mortgage rates to be at 4.6% 在 2023, higher than pre-pandemic levels. These high rates have reduced housing demand as buyers need to pay more for mortgages on similarly priced homes. 最后, the growth of the US construction equipment rental market has been affected, with mortgage applications falling by 38% (the lowest in 25 年) and new single-family home purchases dropping by 10.9% in September 2022.

It is anticipated that US warehouse development will decline in 2023, leading to a 10% 到 15% decrease in industrial and leasing activity during the same period. The average warehouse vacancy rate rose to 3.2% in the second quarter of 2022, causing rent rates to increase and raising labor costs. Warehouses near ports experienced a significant rent increase, such as a 24% rise in the Southern California Inland Empire in 2022. The shortage of warehouses is expected to disrupt the logistics sector, potentially impacting the growth of the US construction equipment rental market.

According to the US Bureau of Labor Statistics, the construction industry in the US had approximately 440,000 job openings in April 2022. The infrastructure investments announced in the 2021 Infrastructure Bill require more than 300,000 laborers annually to meet the goal of rebuilding infrastructure projects.

The Infrastructure Bill’s spending is expected to commence in 2023 and continue until 2033. It is estimated that the contractor segment will face a shortage of 160,000 workers, while the materials sector and engineering sector will experience a scarcity of 145,000 和 40,000 workers, 分别. Several factors contribute to the labor shortage, including the aging population and a high proportion of unskilled laborers in the industry. 大约 650,000 skilled laborers are needed in the coming years to meet industry demands.

市场细分

市场根据多种因素进行细分, 包括类型和最终用户.

按类型细分
土方设备 – 挖掘机, 反铲装载机, 平地机, 其他土方设备 (其他装载机, 推土机, 挖沟机)
物料搬运设备 – 起重机, 叉车 & 伸缩式装卸机, 高空作业平台 (曲臂式高空作业平台, 伸缩臂式升降机, 剪式举升机)
道路施工设备 – 压路机, 沥青摊铺机

按最终用户细分
建造
Logistics & Warehouse
矿业
其他的

The US logistics and warehouse sector is set to benefit from the growth in the e-commerce sector and investments in warehouse expansion. 因此, there will be an increased demand for rental forklifts and telehandlers in the US market during the forecast period.

在 2022, the US earthmoving rental equipment segment accounted for 43.0% of the overall construction equipment rental market. This segment is projected to reach $24,218.2 百万 2029, 复合年增长率 (复合年增长率) 的 5.32%. It was the largest segment in the US market in 2022. The proposed Infrastructure Bill 2021, which focuses on rebuilding public infrastructure, is expected to further boost the demand for rental construction equipment in the country.

The construction industry is expected to experience significant growth due to government investments in affordable housing, railways, road development projects, airports, and renewable energy projects. 在 2022, the application of rental construction equipment in the construction industry accounted for a share of 45.7% of the overall market. This application is projected to reach $25,518.4 百万 2029, 复合年增长率为 5.19%. The construction industry plays a crucial role in the US economy, 与超过 745,000 employers and more than 7.6 million employees involved in developing structures worth nearly $1.4 trillion annually.

竞争格局

Prominent vendors in the U.S. construction equipment rental market include Caterpillar, 沃尔沃建筑设备, 利勃海尔, Hitachi Construction Machinery, 小松, 约翰迪尔, Hyundai Construction Equipment, 杰西博, and Kobelco.

杰西博, 约翰迪尔, and Terex are emerging strongly in the U.S. construction equipment rental market. These companies are introducing innovative products to capture a larger share of the construction equipment industry. 例如, 在 2022, John Deere launched its new large wheeled loaders (744 P-tier, 824 P-tier, 844 P-tier, 和 904 P-tier) in the United States.

Other prominent vendors in the U.S. construction equipment rental market include CNH Industrial, Liugong, Tadano, and Terex.

利勃海尔, Caterpillar, 沃尔沃建筑设备, 小松, and Hitachi Construction Machinery are the leaders in the U.S. construction equipment rental market. These companies hold a significant share in the industry and offer a wide range of products.

Caterpillar operates over 60 locations in 25 states across the United States and is a leading exporter from the country. Finning CAT is one of the prime distributors in the United States.

已回答的关键问题

How large is the construction equipment rental market in the United States?

The size of the construction equipment rental market in the United States was valued at USD 39.2 十亿 2022 预计将达到美元 54.17 十亿 2029.

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

The construction equipment rental market in the United States is expected to grow at a compound annual growth rate (复合年增长率) 的 4.73% 从 2022 到 2029.

Which companies are prominent in the construction equipment rental market in the United States?

Prominent rental companies in the construction equipment rental market in the United States include United Rentals, 公司, Sunbelt Rentals, Herc Rentals, The Home Depot Rental, Warren CAT, Sunstate Equipment, H&E Equipment Services, Maxim Crane Works, L.P., Briggs Equipment, Uperio Group, and Worldwide Machinery.

What are the key trends in the construction equipment rental market in the United States?

The key trends in the construction equipment rental market in the United States are the integration of advanced technology in the rental fleet to support the country’s goal of achieving net-zero emissions by 2050 and the increasing prevalence of online rental platforms for efficient delivery of construction equipment rentals.

Who are the major players in the construction equipment rental market in the United States?

The major players in the construction equipment rental market in the United States are Caterpillar, 小松, Hitachi Construction Machinery, 沃尔沃建筑设备, 利勃海尔, Hyundai Construction Machinery, 约翰迪尔, Kobelco, and JCB.