The UK power rental market size was valued at USD 335.0 million in 2024 and is expected to reach USD 451.1 million by 2030, growing at a CAGR of 5.08% during the forecast period.

The United Kingdom power rental market size reached approximately USD 791.00 Million in 2024. The market is projected to grow at a CAGR of 3.60% between 2025 and 2034, reaching a value of around USD 1126.61 Million by 2034.

Sunbelt, HSS, and Speedy were the leading companies for equipment rental services in the United Kingdom in 2021. Sunbelt held roughly **** percent of the equipment rental market in the UK.

The total turnover of the equipment rental market in the United Kingdom fluctuated widely over the last decade with a positive trend. By 2021, the equipment rental market turnover in the UK reached *** billion euros and is forecasted to exceed *** billion euros by 2023.

United Kingdom Construction equipment Rental market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

The UK construction equipment rental market is expected to reach USD 5.57 billion by 2029 from USD 3.82 billion in 2022, growing at a CAGR of 5.54%.

The United Kingdom, Germany, and France were the largest markets for equipment rental services in Europe in 2021. During this period, the equipment rental market in the UK was worth *** billion euros.

Market Size statistics on the Construction Equipment Rental & Leasing industry in the UK

This statistic shows the revenue of the industry “rental and leasing of other machinery, equipment and tangible goods n.e.c.“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of rental and leasing of other machinery, equipment and tangible goods n.e.c. in the United Kingdom will amount to approximately ******** million U.S. Dollars by 2025.

Operators in this industry rent out tables, chairs, flatware, linens, centrepieces, stages, tents, canopies and other items for public and private parties and events.

Comprehensive dataset of 3,595 Party equipment rental services in United Kingdom as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Companies rent or lease office equipment to preserve their cash flow and benefit from tax breaks. Leasing equipment is common for start-ups because it significantly reduces how much they have to shell out to start operations; this means growth in the number of UK businesses is vital to revenue expansion. Providers that offer flexible terms, specialist technology, secure print features and streamlined online leasing processes have a better chance of staying ahead in this competitive market. Revenue is expected to inch downwards at a compound annual rate of 1% over the five years through 2025-26 to £735.9 million, including a forecast hike of 0.6% in 2025-26. The industry has contended with mixed conditions in recent years, shaped largely by changing business confidence and price competition. Poor economic conditions drove down business confidence over the two years through 2023-24, pushing many to rent or lease office equipment, particularly printers and peripherals, to protect cash flow and avoid large upfront expenses. At the same time, though, lower retail prices have made buying equipment more affordable, prompting leasing providers to cut their rates to remain attractive, which eats into profit. Low prices also mean that buyers currently hold strong bargaining power, due to increased competition among retailers and online suppliers giving businesses plenty of cost-effective options. There’s been some variation in the performance of different products in different markets; while the leasing of traditional printers and copiers has slowed as businesses shift toward digital solutions, industries like healthcare, finance and government still rely heavily on secure physical document handling. Revenue is forecast to swell at a compound annual rate of 1.4% over the five years through 2030-31 to £788 million. Cost-conscious companies will continue to rent or lease computer hardware and office furniture in order to protect their cash flow. Businesses are set to gain confidence and spend more in the coming years, boosting office equipment renting and leasing activity. The development of new computers should also drive growth, as businesses are always looking for the most up-to-date equipment to work more efficiently – with leases, they can update their computers regularly without having to spend as much.

This statistic shows the revenue of the industry “rental and leasing of agricultural machinery and equipment“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of rental and leasing of agricultural machinery and equipment in the United Kingdom will amount to approximately ****** million U.S. Dollars by 2025.

Comprehensive dataset of 176 Sports equipment rental services in United Kingdom as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Construction companies rent or lease equipment to minimise costs, providing opportunities for machinery suppliers. Equipment providers' fortunes are strongly tied to the construction sector, with the residential market a primary driver of sales. Funding for large-scale projects like HS2 and London’s Crossrail provided both long- and short-term demand for construction equipment suppliers as commercial construction output has recovered in recent years. Revenue is projected to climb at a compound annual rate of 1.5% over the five years through 2024-25 to £9 billion, including an expected 2% hike in 2024-25. The average industry profit margin is set to fall to 7.9% in 2024-25.

Revenue dropped in 2020-21 as the pandemic put the brakes on on-site construction work, reducing the need for construction machinery. The volume of new residential construction work is falling because of a hike in interest rates, causing more people to delay home purchases. The hike in funding by the government for more housebuilding and the Help to Buy scheme, which ended in March 2023, led to a resurgence in residential construction activity, boosting sales for construction equipment suppliers. Before the end of the programme, residential construction contractors brought forward projects to enjoy funding from the Help to Buy scheme, boosting orders for construction machinery rentals. Construction activity is rising in 2024-25, aided by a jump in housebuilding and elevated investment in commercial construction projects. According to the ONS, construction output expanded by 0.4% in the three months to January 2025.
Revenue is forecast to climb at a compound annual rate of 3% over the five years through 2029-30 to £10.5 billion. Funding for more homebuilding, like the £3 billion fund that aims to build 300,000 homes in England annually until 2025-26, will propel sales for construction machinery. The government is targeting the construction of 1.5 million homes by 2030 to address the shortage of affordable homes, further providing opportunities for equipment providers. Work on large infrastructure projects like HS2 and the Thames Tideway Tunnel will provide a steady revenue stream for equipment providers. Profitability is set to benefit from rising demand and a healthy construction sector despite companies on track to pour funds into more environmentally friendly powered equipment.

The Europe Construction Equipment Rental Market report segments the industry into Machinery Type (Crane, Telescopic Handlers, Excavator, Loader, Motor Grader, Road Construction Equipment, Other Equipment), Drive Type (Hydraulic, Hybrid), Application (Building Construction, Road Construction, Others), and Country (Germany, United Kingdom, France, Italy, Spain, Rest of Europe).

This statistic shows the revenue of the industry “rental and leasing of office machinery and equipment (including computers)“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of rental and leasing of office machinery and equipment (including computers) in the United Kingdom will amount to approximately ****** million U.S. Dollars by 2025.

The global forklift rental market, currently valued at approximately $XX million (estimated based on provided CAGR and market trends), is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.78% from 2025 to 2033. This expansion is fueled by several key drivers. The burgeoning e-commerce sector necessitates efficient warehousing and logistics solutions, significantly increasing the demand for forklift rentals. Simultaneously, the construction industry's ongoing expansion, particularly in developing economies, contributes substantially to market growth. Furthermore, the increasing preference for rental models over outright purchases, driven by cost-effectiveness and flexibility, further boosts the market. Specific segments like the 10-ton and above 10-ton load types are experiencing particularly strong growth due to their utility in heavy-duty applications within construction and logistics. Geographically, North America and Europe currently dominate the market share, but Asia-Pacific is expected to witness significant growth, propelled by rapid industrialization and infrastructure development in countries like China and India. However, certain restraints may temper growth. Fluctuations in fuel prices and economic downturns can impact rental demand. Additionally, the availability of skilled operators and stringent safety regulations represent potential challenges. The competitive landscape is characterized by a mix of large multinational corporations like Caterpillar Inc. and Crown Equipment Corporation, alongside regional players and specialized rental companies. These companies are constantly innovating, offering a variety of forklift types (e.g., electric, internal combustion engine) and rental options to cater to the evolving needs of various industries and clients. Future growth will hinge on technological advancements, such as the integration of autonomous and electric forklifts into rental fleets, and the ability of rental companies to offer comprehensive service packages including maintenance and operator training. The market is poised for continued expansion, particularly as businesses increasingly prioritize efficiency and operational flexibility in their supply chains. Recent developments include: November 2022: United Rentals entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals Inc. for approximately USD 2.0 billion in cash. The agreement was unanimously approved by the United Rentals' board of directors. Subject to prevailing conditions, the transaction is expected to close before the end of 2022., October 2022: Merino acquired Knightsbridge Mechanical Handling, one of the top forklift rental companies in the United Kingdom, to complement its forklift sales, service, and rental business, Stacatruc. Stacatruc, which Merino acquired in June 2021, acquired Knightsbridge Mechanical Handling. Knightsbridge, based in the North West of England, represents a geographical expansion for Merino's forklift investment and an expansion of the fleet of occasional and short-term hire trucks for the organization.. Notable trends are: Forklift Rental is Expected to Witness a Considerable Market Growth Over the Forecast Period.

This statistic shows the revenue of the industry “rental and leasing of water transport equipment“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of rental and leasing of water transport equipment in the United Kingdom will amount to approximately ****** million U.S. Dollars by 2025.

Comprehensive dataset of 451 Water sports equipment rental services in United Kingdom as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.