Contractors construction equipment rental in U.S. 2018-2022 | Statista

This graph represents the results of a survey conducted between 2018 and 2022 among U.S. construction industry contractors. Participants were asked about the reasons behind their decision to rent construction equipment. In 2022, 62 percent of respondents gave their main reason for equipment as flexibility.

Why do you rent construction equipment?

Characteristic	Flexibility; I can return equipment whenever I want	Rental equipment is readily available	High costs to repair and maintain my own fleet	I don't want to own/acquire equipment	Long order cycles for equipment purchase	Build equity before purchase	Rental rates are low and attractive
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Release date

December 2021

More information

Region

United States

Survey time period

2018 to 2022

Number of respondents

168 respondents

Age group

18 years and older

Special properties

construction industry contractors from 46 of the 50 U.S. states.

Supplementary notes

The source doesn't mention the survey type. Multiple answers were possible.
The number of respondents for previous years are:
2018=150
2019=262
2020=166
2021=112

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