Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What Are the Projected Expansion Rates of the Machinery Leasing Market for the Next Decade?

The machinery leasing market has grown significantly in recent years. It will rise from $485.93 billion in 2024 to $530.43 billion in 2025, with a CAGR of 9.2%. Contributing factors include strong economic growth, expansion in the manufacturing industry, higher demand from the automobile sector, and growth in construction activities.

The machinery leasing market is anticipated to grow significantly, reaching $731.91 billion by 2029, with a CAGR of 8.4%. The expansion is attributed to increased healthcare spending, rising demand from agriculture, and more drilling activities. Trends include strategic partnerships, product innovations, digitization, the application of AI and machine learning for improving machinery efficiency, and the focus on offering electric vehicles for environmentally conscious consumers.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the machinery leasing Market?

The growth of start-ups as key clients for leasing service providers is expected to drive the machinery leasing market. Start-ups, often constrained by limited budgets, find leasing an efficient way to access expensive machinery without a hefty upfront cost, allowing them to allocate capital elsewhere. For example, in 2022, the U.S. had 33.2 million start-ups, a rise of 700,000 compared to 2021, according to Fortunly. This trend highlights the significant contribution of start-ups to the machinery leasing market.

Request Your Free Machinery Leasing Market Report Sample Now!

https://www.thebusinessresearchcompany.com/sample.aspx?id=2222&type=smp

Which Companies Are Redefining the Future of the Machinery Leasing Market?

Major companies operating in the machinery leasing market include:

• United Rentals Inc._x000D_

• Tokyo Century_x000D_

• Ashtead Group Plc_x000D_

• Fuyo General Lease Co._x000D_

• Ltd._x000D_

What Trends Are Poised to Drive the Future Success of the Machinery Leasing Market?

The leasing of 3D printing equipment is becoming more common for manufacturing. 3D printers, used to create three-dimensional objects from digital data, are especially appealing due to their high precision and versatility in material use. Leasing industrial-grade 3D printers is a cost-effective alternative to purchasing them. For instance, Divide by Zero Technologies offers leasing options for 3D printers in India.

Pre-order Your Report for Quick and Easy Delivery!

https://www.thebusinessresearchcompany.com/report/machinery-leasing-global-market-report

What Are the Strategic Segments Comprising the Machinery Leasing Market and Their Growth Contributions?

The machinery leasing market covered in this report is segmented –

1) 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 And Other Commercial And Industrial Machinery And Equipment Rental

2) By Mode: Online, Offline

3) By Leasing Type: Capital Lease, Operating Lease

Subsegments:

1) By Heavy Construction Machinery Rental: Excavators And Bulldozers, Cranes And Lifting Equipment, Earthmoving Machinery

2) By Commercial Air, Rail, And Water Transportation Equipment Rental: Aircraft Leasing (Passenger And Cargo), Railcar Leasing (Freight And Passenger), Boat And Marine Equipment Leasing

3) By Mining, Oil And Gas, And Forestry Machinery And Equipment Rental: Drilling Rigs And Equipment, Mining Trucks And Heavy Machinery, Forestry Machinery

4) By Office Machinery And Equipment Rental: Computers And Laptops, Printers, Copiers, And Multifunction Devices, Office Furniture And Workspace Solutions

5) By Other Commercial And Industrial Machinery And Equipment Rental: Agricultural Equipment Rental (Tractors, Harvesters), Manufacturing Machinery Rental (CNC Machines, Industrial Robots), Specialized Equipment Rental (Scaffolding, Generators)

What Are the Leading Regions in the Machinery Leasing Market Expansion?

Asia-Pacific was the largest region in the machinery leasing market in 2024. North America was the second-largest region in the machinery leasing market. The regions covered in the machinery leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Core Features That Define the Machinery Leasing Market?

Machinery leasing is a process of obtaining commercial-type and industrial-type machinery, vehicles, or other equipment for temporary use in exchange for periodic payments paid to the machinery owner as leasing rent. Machinery leasing helps make lower monthly payments than with a loan, benefiting from tax advantages, getting a fixed financing rate instead of a floating rate, conserving working capital and avoiding cash-devouring down payments, and gaining immediate access to the most up-to-date business tools.

Browse Through More Similar Reports By The Business Research Company:

Machinery Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/machinery-global-market-report

Coworking Space Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/coworking-space-global-market-report

Leasing Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/leasing-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: