Construction Equipment Rental & Leasing in Ireland - Industry Market Research Report

Quick rebuild: Revenue quickly bounces back from its COVID-19-induced decline, despite inflationary pressures

Construction equipment rental and leasing revenue is forecast to rise at a compound annual rate of 2.3% over the five years through 2023 to €976.5 million. Revenue trends for constriction equipment rental and leasing companies generally follow trends in the overall construction sector. Government initiatives aimed at stimulating the construction sector, especially through the construction of residential properties, have driven demand for the renting or leasing of equipment. As well as funding for residential construction, the government has committed investment into a number of infrastructure-related projects. Companies in this industry rent and lease out construction equipment such as cranes, crane lorries, scaffolding, work platforms, bulldozers, graders and excavators. The hire of machinery or equipment with an operator is not included in the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.