지게차 렌탈 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the forklift rental market size was valued at USD 5.10 billion in 2025 and estimated to grow from USD 5.39 billion in 2026 to reach USD 7.35 billion by 2031, at a CAGR of 6.39% during the forecast period (2026-2031).

This report is Segmented by Load Capacity (Less Than 3. 5 T, 3. 6 To 10 T, and More), Rental Duration (Short-Term and Long-term/Contract), Power Source (Electric, Internal Combustion, and More), Truck Class (Class I - Electric Rider, Class II - Narrow-Aisle, and More), End-Use Industry (Warehousing and Logistics, Construction, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global Forklift Rental Market Trends and Insights

E-Commerce Fulfillment Boom

Amazon's extensive global fulfillment network and DHL's significant investment in automation are driving rental fleets to expand during peak periods, making variable-cost agreements more favorable compared to ownership . The Asia-Pacific region is expected to witness substantial growth in warehouse space, with notable contributions from emerging markets. Fluctuations in parcel volumes at last-mile hubs are increasing the demand for flexible capacity solutions. Rental operators are addressing this by offering compact electric models that can operate efficiently in narrow aisles while maintaining high lifting capabilities. The rapid growth of e-commerce continues to shape the development of the forklift rental market over the planning horizon.

Shift from Capex to Opex in Material-Handling Budgets

The Equipment Leasing and Finance Association noted a notable rise in the financing and leasing of material-handling equipment in the United States, reflecting a shift from traditional patterns. Finance leaders are increasingly turning to rentals to mitigate risks associated with depreciation and residual value. This strategy ensures access to the latest technology as advancements like electric and hydrogen drives replace older diesel models. In industries such as automotive and consumer electronics, where order cycles are unpredictable and production schedules frequently change, ownership is often not a cost-effective solution. Moreover, rental agreements transfer maintenance responsibilities to lessors, aligning with regulatory recertification requirements and helping operators reduce expenses. The forklift rental market is further bolstered by multi-site 3PLs adopting master agreements that ensure consistent rates and service quality.

Cyclical Construction Spending

Fluctuations in the construction industry directly influence the demand for forklift rentals, leading to unpredictable revenue streams for rental companies. Recently, the construction equipment market experienced mixed results, with a major player reporting a decline in revenue due to reduced sales volumes and a drop in equipment sales to end users. However, the outlook for the near future indicates a potential rebound in construction equipment sales, supported by improving economic conditions and easing interest rates. Additionally, significant federal investments in infrastructure projects are expected to provide stability, with a notable portion of contractors already engaged in these initiatives. Despite this support, rental companies continue to face challenges such as project delays and rising material costs, which remain a significant concern for many firms. The cyclical nature of construction spending often results in periods of surplus rental inventory, as reflected in the recent slowdown in rental revenue growth, marking one of the weakest performances in recent times.

Other drivers and restraints analyzed in the detailed report include:

1. Emission Regulations Phasing-Out Class IV/V ICE Trucks
2. AI-driven Fleet-Optimization Software Adoption
3. OEM Direct-Leasing Cannibalizing Independent Rental Fleets

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

The 3.6 to 10 ton bracket captured 45.37% of 2025 revenue, affirming its versatility across production, logistics, and construction operations. In contrast, sub-3.5-ton forklifts are on track for a 10.67% CAGR to 2031, supported by land-scarce cities where narrow aisles and high racks dominate facility design. In major urban centers, as vertical storage increases, warehouses are increasingly adopting compact electric forklifts. These forklifts are designed to achieve significant lift heights while efficiently navigating through narrow corridors. Additionally, advanced battery technologies enhance the economic viability for rental fleets, leading to lower overall lifecycle costs.

As urban areas become increasingly densely populated, the demand for compact forklift rentals is expected to grow at a faster pace compared to other categories. Telematics technology enables lessors to optimize forklift rotation, ensuring efficient servicing of quieter locations while maintaining readiness in high-demand areas. Secondary markets, including industrial facilities, still show a preference for larger machines, with rental adoption remaining limited due to the need for specialized equipment ownership. This trend highlights the forklift rental market's shift towards more agile and environmentally friendly assets, with compact electric models driving this transformation.

Short-term rentals with durations of less than 12 months accounted for 64.73% of revenue in 2025, primarily driven by construction and seasonal logistics. However, deals longer than 12 months now post an 8.50% CAGR as large 3PLs execute multi-site agreements that standardize fleet specs and service levels. A significant portion of material-handling leases now spans longer durations. Extended tenures enable lessors to amortize acquisition costs over a longer period, thereby reducing monthly rates without compromising returns.

Flexible rental options enable customers to exit with short notice after the initial period, striking a balance between predictability and agility. Contractors likewise stretch average rental periods as bundled deals simplify billing and unlock volume discounts. As a result, the forklift rental market size attributable to long-term contracts continues to expand, though short-term demand remains vital for project-specific peaks.

Complete Report Scope:

• By Load Capacity
  • Less Than 3.5 T
  • 3.6 to 10 T
  • More Than 10 T
• By Rental Duration
  • Short-term (Less Than 12 months)
  • Long-term/Contract (More Than 12 months)
• By Power Source
  • Electric
  • Internal Combustion (Diesel/LPG)
  • Hybrid/Hydrogen
• By Truck Class
  • Class I - Electric Rider
  • Class II - Narrow-Aisle
  • Class III - Electric Hand
  • Class IV - ICE Cushion
  • Class V - ICE Pneumatic
• By End-use Industry
  • Warehousing and Logistics
  • Construction
  • Automotive
  • Food and Beverage
  • Aerospace and Defense
  • Others (Retail, Pharma, etc.)
• By Geography
  • North America
    • United States
    • Canada
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Egypt
    • South Africa
    • Rest of Middle East and Africa

Geography Analysis

The Asia-Pacific region commanded 37.65% of global revenue in 2025 and is expected to post a 10.28% CAGR through 2031. China's extensive warehouse pipeline and India's logistics completions are driving this surge. With high e-commerce penetration in China, rental fleets experience significant growth during major shopping events. Japan's introduction of new automated space highlights the integration of narrow-aisle electrics and telematics, addressing labor shortages and rising wages.

North America, led by the United States, contributes significantly to the revenue. The region's push for zero-emission deadlines is accelerating the shift to electric, supporting the growth of the forklift rental market. Meanwhile, Canada maintains a steady demand, particularly along key corridors.

Europe accounts for a substantial portion of the revenue, with leading countries driving the market. Regulatory changes are encouraging rental fleets to adopt electric options, despite the higher costs associated with them compared to traditional units. Dominant players in the region leverage extensive branch networks to serve pan-regional customers. South America and the combined areas of the Middle East and Africa, while contributing a smaller share, are experiencing notable growth. This is driven by expanding port logistics and ambitious infrastructure projects, which are boosting demand for specialty rentals.

1. United Rentals Inc.
2. Sunbelt Rentals (Ashtead Group)
3. Toyota Industries Corp. (Toyota Material Handling)
4. Caterpillar Inc. (Cat Rental)
5. Herc Rentals Inc.
6. Combillift Depot
7. Crown Equipment Corp.
8. Jungheinrich AG (Rental)
9. Mitsubishi Logisnext
10. KION Group (Linde, STILL)
11. Speedy Hire Plc
12. Loxam Group
13. Coates Hire
14. Boels Rental
15. Riwal Holding Group
16. BigRentz Inc.
17. Sunstate Equipment
18. Ahern Rentals
19. Komatsu Ltd. (Rental)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 E-commerce Fulfilment Boom
  • 4.2.2 Shift From Capex to Opex in Material-handling Budgets
  • 4.2.3 Accelerated Warehouse Automation Roll-outs
  • 4.2.4 Emission Regulations Phasing-out Class IV/V ICE Trucks
  • 4.2.5 AI-driven Fleet-optimization Software Adoption
  • 4.2.6 Original Equipment Manufacturer Subscription-based "Power-by-the-Hour" Models
• 4.3 Market Restraints
  • 4.3.1 Cyclical Construction Spending
  • 4.3.2 Tight Labor Pool of Certified Forklift Operators
  • 4.3.3 Rising Lithium-ion Battery Raw-material Costs
  • 4.3.4 Original Equipment Manufacturer Direct-leasing Cannibalizing Independent Rental Fleet
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Rivalry

5 Market Size and Growth Forecasts (Value, USD)

• 5.1 By Load Capacity
  • 5.1.1 Less Than 3.5 T
  • 5.1.2 3.6 to 10 T
  • 5.1.3 More Than 10 T
• 5.2 By Rental Duration
  • 5.2.1 Short-term (Less Than 12 months)
  • 5.2.2 Long-term/Contract (More Than 12 months)
• 5.3 By Power Source
  • 5.3.1 Electric
  • 5.3.2 Internal Combustion (Diesel/LPG)
  • 5.3.3 Hybrid/Hydrogen
• 5.4 By Truck Class
  • 5.4.1 Class I - Electric Rider
  • 5.4.2 Class II - Narrow-Aisle
  • 5.4.3 Class III - Electric Hand
  • 5.4.4 Class IV - ICE Cushion
  • 5.4.5 Class V - ICE Pneumatic
• 5.5 By End-use Industry
  • 5.5.1 Warehousing and Logistics
  • 5.5.2 Construction
  • 5.5.3 Automotive
  • 5.5.4 Food and Beverage
  • 5.5.5 Aerospace and Defense
  • 5.5.6 Others (Retail, Pharma, etc.)
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Rest of North America
  • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
  • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
  • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 South Korea
    • 5.6.4.5 Australia
    • 5.6.4.6 Rest of Asia-Pacific
  • 5.6.5 Middle East and Africa
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 United Arab Emirates
    • 5.6.5.3 Egypt
    • 5.6.5.4 South Africa
    • 5.6.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 United Rentals Inc.
  • 6.4.2 Sunbelt Rentals (Ashtead Group)
  • 6.4.3 Toyota Industries Corp. (Toyota Material Handling)
  • 6.4.4 Caterpillar Inc. (Cat Rental)
  • 6.4.5 Herc Rentals Inc.
  • 6.4.6 Combillift Depot
  • 6.4.7 Crown Equipment Corp.
  • 6.4.8 Jungheinrich AG (Rental)
  • 6.4.9 Mitsubishi Logisnext
  • 6.4.10 KION Group (Linde, STILL)
  • 6.4.11 Speedy Hire Plc
  • 6.4.12 Loxam Group
  • 6.4.13 Coates Hire
  • 6.4.14 Boels Rental
  • 6.4.15 Riwal Holding Group
  • 6.4.16 BigRentz Inc.
  • 6.4.17 Sunstate Equipment
  • 6.4.18 Ahern Rentals
  • 6.4.19 Komatsu Ltd. (Rental)

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-need Assessment