Learn about the global machinery leasing market through The Business Research Company, which provides information on machinery leasing market size, machinery leasing market drivers and restraints, machinery leasing market players, the COVID-19 impact on the machinery leasing market, and more.

The global machinery leasing market size is expected to grow from $334.64 billion in 2021 to $373.41 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The machinery rental market is expected to reach $554.43 billion in 2026 at a CAGR of 10.4%.

The emergence of start-ups as major clients of leasing service providers is expected to drive the machinery rental market.

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The machinery rental market consists of sales of machinery rental services by entities (organizations, sole traders and partnerships) that rent out or lease commercial-type and industrial-type machinery and equipment. Establishments in this generally provide capital or investment-type equipment that clients use in their business operations. These establishments typically cater to a business clientele and do not generally operate a retail-like or storefront facility.

Global Machinery Leasing Market Segments Include:

By Type: Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil and Gas, and Forestry Machinery and Equipment Rental, Office Machinery and Equipment Rental, Other Commercial and Industrial Machinery and Equipment Rental

By Mode: Online, Offline

By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the machinery leasing market in 2021.

Companies are increasingly leasing 3D printing equipment for manufacturing purposes. The 3D printer is a computer-aided manufacturing device which creates three-dimensional objects by receiving digital data from a computer as input by building a three-dimensional model out of custom material. 3D printing is gaining popularity as manufacturers are becoming more familiar with industrial-grade 3D printers. Industrial grade 3D printers are capable of printing large products with high precision and with a wide range of materials. 3D printer leasing can reduce the overall reduction of cost of the manufacturer rather than buying.

TBRC’s machinery leasing market report covers:

Major Market Players: General Electric Company, United Rentals Inc, Tokyo Century, Berkshire Hathaway Inc., Ashtead Group plc, AerCap Holdings N.V., Fuyo General Lease Co., Ltd., NetJets, Nissan Motor Co Ltd and Air Lease Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Machinery Leasing Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides machinery leasing market overviews, analyses and forecasts market size, share, machinery leasing market players, machinery leasing market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s machinery leasing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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