Analysts’ Viewpoint
Surge in online shopping and the need for efficient last-mile delivery have led the e-commerce industry to rely heavily on truck rentals. Rise of online marketplaces, same-day or next-day delivery expectations, and expansion of urban logistics have fueled the growing demand for rented trucks. The vehicle rental market has witnessed the entry of new players, including both traditional rental companies and startups, leading to increased competition. This has resulted in more options for customers, better service quality, and competitive pricing.
The global truck rental industry caters to various industries such as logistics, e-commerce, construction, and moving services, which require transportation on-demand. Renting eco-friendly trucks, such as electric or hybrid vehicles, enables companies to reduce their carbon footprint and comply with sustainability goals. Moreover, truck rental companies have formed strategic alliances with other stakeholders in the logistics and transportation industry. Collaborations with logistics providers, warehouses, and e-commerce platforms create synergies and offer integrated solutions to customers.
Truck rental service provides individuals and businesses with the opportunity to rent trucks for various transportation needs. Renting a truck can be a cost-effective and convenient solution, whether it be moving to a new home, transporting goods for business, or undertaking a large project that requires heavy-duty hauling.
Truck rental companies typically offer a range of truck sizes and types to accommodate different requirements. These may include small cargo vans, box trucks, pickup trucks, and larger moving trucks with various load capacities. The truck rental market growth can be attributed to increasing demand for transportation services, changing consumer preferences, and evolving business.
Consumer preferences have shifted toward experiences rather than ownership. This shift has extended to transportation, where people are more inclined to rent vehicles for specific purposes, such as moving, road trips, or hauling large items, rather than owning a truck or car full-time.
Continuous expansion of urban areas has fueled the need for transportation services within cities. Truck rental service cater to the growing demand for moving and transporting goods in urban areas where owning a large vehicle may not be practical or cost-effective. These are factors are projected to significantly drive the truck rental market demand during the forecast period.
E-commerce has witnessed growth in the last few years, with an increasing number of people turning to online shopping for convenience and accessibility. This growth has created a surge in the demand for efficient transportation and logistics services, including the need for trucks to transport goods from fulfillment centers to distribution centers and ultimately to customers' doorsteps.
Moreover, the e-commerce industry operates on tight timelines, with customers expecting fast and reliable deliveries. Truck rental services offer a time-efficient solution, allowing businesses to access the necessary vehicles promptly and ensure timely order fulfillment. This is particularly important for last-mile delivery, which involves transporting goods from local distribution centers to the customer's location.
Rising need for efficient transportation and logistics services extends beyond the e-commerce industry as well. Several industries, such as manufacturing, retail, and construction, rely on trucks for their transportation needs. Growth and evolution of these industries is boosting the demand for truck rental services and consequently propel the truck rental market value. Additionally, businesses may require trucks for short-term projects, such as moving equipment or delivering goods to trade shows or exhibitions.
There has been a significant shift in consumer behavior and business needs for the last few years, leading to an increased demand for flexible transportation options. This trend has been facilitated by various factors, including the rise of e-commerce, changing consumer preferences, and the need for cost-effective and efficient logistics solutions.
Surge in popularity of online shopping has prompted businesses to avail reliable and flexible transportation services in order to fulfill their delivery commitments. Moreover, customers expect faster delivery times and more personalized services. By leveraging truck rentals, businesses can respond quickly to changing consumer demands and optimize their logistics operations accordingly. Therefore, the ongoing trend of flexible and on-demand transportation solutions is indeed creating significant truck rental market opportunities for vendors across the globe.
The trucking industry is witnessing rapid advancements in vehicle technology, such as electric and autonomous trucks. Finance leasing allows businesses to adopt these innovations and technology advancements in the truck rental market without significant upfront costs.
Several companies are increasingly outsourcing their transportation needs to specialized service providers. Finance leasing aligns with this outsourcing trend, providing businesses with access to a dedicated fleet of trucks managed by professional rental companies. This allows companies to focus on their core competencies while benefiting from the expertise and economies of scale offered by truck rental providers.
Some businesses require specialized trucks or equipment for specific purposes, such as refrigerated trucks for transporting perishable goods or heavy-duty trucks for construction projects. Finance leasing allows businesses to access these specialized vehicles without the need for a substantial upfront investment, meeting their unique operational requirements. Consequently, the preference for finance lease rental trucks is anticipated to have a positive impact of the truck rental market forecast in the next few years.
The truck rental business in Asia Pacific region has been witnessing significant growth for the last few years. Expansion of economies, rise in industrialization, and increase in trade activities have resulted in increased construction, manufacturing, and logistics activities, which in turn has contributed significantly to the regional dynamics of the truck rental market in Asia Pacific.
Rise of online shopping in Asia Pacific has propelled the need for efficient logistics and delivery services, including truck rentals to transport goods from warehouses to distribution centers or directly to customers. Additionally, rapid urbanization in Asia Pacific has fueled the need for transportation of construction materials, equipment, and goods, thereby augmenting the commercial truck rental market.
Moreover, the truck rental market revenue in Asia Pacific is increasing due to adoption of various technological advancements to enhance operational efficiency. These include the use of telematics, GPS tracking, and online platforms that streamline the booking and management of truck rental services, making it more convenient for businesses to access trucks when needed.
The global truck rental business is highly competitive, with several major players operating in the market. Moreover, key players are following the latest truck rental market trends and adopting various strategies to gain a competitive edge and capture a larger share. Some of the prominent vendors in the global truck rental industry are Barco, Budget Car Rentals, Budget Truck Rental, LLC, Daimler AG, Element Fleet Management Corporation, Enterprise Holdings, Inc., Express 4x4 Rental, Fetch Truck Rental, Fluid Truck Share, Herc rentals, Hertz, Home Depot, Imperial Truck Rental, MAX Rental, Moving.com, PACCAR Leasing Company, Penske, Ryder System, Inc., SIXT, The Larson Group, U-Haul International Inc., and United Rentals.
Key players in the truck rental market research report have been profiled based on various parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
| Attribute | Detail |
|---|---|
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Market Size Value in 2022 |
US$ 107.2 Bn |
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Market Forecast Value in 2031 |
US$ 156.0 Bn |
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Growth Rate (CAGR) |
4.2% |
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Forecast Period |
2023–2031 |
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Historical Data Available for |
2017–2021 |
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Quantitative Units |
US$ Bn for Value |
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Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
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Competition Landscape |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
|
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Companies Profile |
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Customization Scope |
Available upon request |
|
Pricing |
Available upon request |
The global market was valued at US$ 107.2 Bn in 2022
It is expected to expand at a CAGR of 4.2% by 2031
The truck rental business would be worth US$ 156.0 Bn in 2031
Growth of the e-commerce industry and the rising need for efficient transportation and logistics services
In terms of lease type, the finance lease segment accounted for majority share in 2022
Asia Pacific is anticipated to be a highly lucrative region for truck rentals
Barco, Budget Car Rentals, Budget Truck Rental, LLC, Daimler AG, Element Fleet Management Corporation, Enterprise Holdings, Inc., Express 4x4 Rental, Fetch Truck Rental, Fluid Truck Share, Herc rentals, Hertz, Home Depot, Imperial Truck Rental, MAX Rental, Moving.com, PACCAR Leasing Company, Penske, Ryder System, Inc., SIXT, The Larson Group, U-Haul International Inc. and United Rentals.
1. Executive Summary
1.1. Global Market Outlook
1.1.1. Market Value US$ Bn, 2017-2031
1.2. TMR Analysis and Recommendations
1.3. Competitive Dashboard Analysis
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunity
2.4. Market Factor Analysis
2.4.1. Porter’s Five Force Analysis
2.4.2. SWOT Analysis
2.5. Regulatory Scenario
2.6. Key Trend Analysis
2.7. Value Chain Analysis
2.7.1. Component Manufacturer
2.7.2. Assemblers
2.7.3. OEMs
2.7.4. End User
2.8. Go to Market Strategy
2.8.1. Demand & Supply Side Trends
2.8.1.1. GAP Analysis
2.8.2. Identification of Potential Market Spaces
2.8.3. Understanding the Buying Process of the Customers
2.8.4. Preferred Sales & Marketing Strategy
3. Industry Growth Analysis
4. Commercial Truck Fleet, by
4.1. Cash purchases
4.2. Financed
4.3. Leased
4.4. Rented
5. Penetration of Digital Transformation Players
5.1. Independent
5.2. Corporate
6. Comparison Analysis
6.1. All Commercial Truck Rentals
6.2. Medium Duty Truck Rentals (including Pick-up Trucks)
7. Global Truck Rental Market, by Service Provider
7.1. Market Snapshot
7.1.1. Introduction, Definition, and Key Findings
7.1.2. Market Growth & Y-o-Y Projections
7.1.3. Base Point Share Analysis
7.2. Global Truck Rental Market Size & Forecast, 2017-2031, by Service Provider
7.2.1. OEM Captives
7.2.2. Commercial Banks
7.2.3. Non-Banking Financial Company (NBFCs)
8. Global Truck Rental Market, by Lease Type
8.1. Market Snapshot
8.1.1. Introduction, Definition, and Key Findings
8.1.2. Market Growth & Y-o-Y Projections
8.1.3. Base Point Share Analysis
8.2. Global Truck Rental Market Size & Forecast, 2017-2031, by Lease Type
8.2.1. Full Service Lease
8.2.2. Finance Lease
8.2.3. Short Term Truck Rentals
8.2.3.1. Based on Duration
8.2.3.1.1. Single Day
8.2.3.1.2. Multiple Days
8.2.3.2. Based on Purpose
8.2.3.2.1. Personal
8.2.3.2.2. Commercial
9. Global Truck Rental Market, by Truck Type
9.1. Market Snapshot
9.1.1. Introduction, Definition, and Key Findings
9.1.2. Market Growth & Y-o-Y Projections
9.1.3. Base Point Share Analysis
9.2. Global Truck Rental Market Size & Forecast, 2017-2031, by Truck Type
9.2.1. Light Duty Trucks (Class 2)
9.2.1.1. Pick-up Trucks
9.2.1.2. Light Commercial Vehicles
9.2.2. Medium Trucks (Class 3 to 6)
9.2.2.1. Box Truck
9.2.2.2. Medium Duty Truck
9.2.2.3. Medium Standard Truck
9.2.2.4. Flatbed Truck
9.2.2.5. Delivery Truck
9.2.2.6. Platform Truck
9.2.3. Heavy Trucks (Class 7 and 8)
9.2.3.1. 18 Wheeler Truck
9.2.3.2. Refrigerator Truck
9.2.3.3. Dump Truck
9.2.3.4. Garbage Truck
9.2.3.5. Logging Truck
9.2.3.6. Concrete Transport Truck
9.2.3.7. Tractor Unit
9.2.3.8. Tanker Truck
9.2.3.9. Mobile Crane
10. Global Truck Rental Market, by GVWR
10.1. Market Snapshot
10.1.1. Introduction, Definition, and Key Findings
10.1.2. Market Growth & Y-o-Y Projections
10.1.3. Base Point Share Analysis
10.2. Global Truck Rental Market Size & Forecast, 2017-2031, by GVWR
10.2.1. 6,001 - 8,500 lbs
10.2.2. 8,501 - 10,000 lbs
10.2.3. 10,001 - 14,000 lbs
10.2.4. 14,001 and 16,000 lbs
10.2.5. 16,001 and 19,500 lbs
10.2.6. 19,501 and 26,000 lbs
10.2.7. 26,001 and 33,000 lbs
10.2.8. Above 33,001 lbs
11. Global Truck Rental Market, by Truck Propulsion
11.1. Market Snapshot
11.1.1. Introduction, Definition, and Key Findings
11.1.2. Market Growth & Y-o-Y Projections
11.1.3. Base Point Share Analysis
11.2. Global Truck Rental Market Size & Forecast, 2017-2031, by Truck Propulsion
11.2.1. ICE Trucks
11.2.1.1. Gasoline
11.2.1.2. Diesel
11.2.2. Electric Trucks
11.2.2.1. Battery Electric Trucks
11.2.2.2. Hybrid Electric Trucks
11.2.2.3. Fuel Cell Electric Trucks
12. Global Truck Rental Market, by Region
12.1. Market Snapshot
12.1.1. Introduction, Definition, and Key Findings
12.1.2. Market Growth & Y-o-Y Projections
12.1.3. Base Point Share Analysis
12.2. Global Truck Rental Market Size & Forecast, 2017-2031, by Region
12.2.1. North America
12.2.2. Europe
12.2.3. Asia Pacific
12.2.4. Middle East & Africa
12.2.5. South America
13. North America Truck Rental Market
13.1. Market Snapshot
13.2. North America Truck Rental Market Size & Forecast, 2017-2031, by Service Provider
13.2.1. OEM Captives
13.2.2. Commercial Banks
13.2.3. Non-Banking Financial Company (NBFCs)
13.3. North America Truck Rental Market Size & Forecast, 2017-2031, by Lease Type
13.3.1. Full Service Lease
13.3.2. Finance Lease
13.3.3. Short Term Truck Rentals
13.3.3.1. Based on Duration
13.3.3.1.1. Single Day
13.3.3.1.2. Multiple Days
13.3.3.2. Based on Purpose
13.3.3.2.1. Personal
13.3.3.2.2. Commercial
13.4. North America Truck Rental Market Size & Forecast, 2017-2031, by Truck Type
13.4.1. Light Duty Trucks (Class 2)
13.4.1.1. Pick-up Trucks
13.4.1.2. Light Commercial Vehicles
13.4.2. Medium Trucks (Class 3 to 6)
13.4.2.1. Box Truck
13.4.2.2. Medium Duty Truck
13.4.2.3. Medium Standard Truck
13.4.2.4. Flatbed Truck
13.4.2.5. Delivery Truck
13.4.2.6. Platform Truck
13.4.3. Heavy Trucks (Class 7 and 8)
13.4.3.1. 18 Wheeler Truck
13.4.3.2. Refrigerator Truck
13.4.3.3. Dump Truck
13.4.3.4. Garbage Truck
13.4.3.5. Logging Truck
13.4.3.6. Concrete Transport Truck
13.4.3.7. Tractor Unit
13.4.3.8. Tanker Truck
13.4.3.9. Mobile Crane
13.5. North America Truck Rental Market Size & Forecast, 2017-2031, by GVWR
13.5.1. 6,001 - 8,500 lbs
13.5.2. 8,501 - 10,000 lbs
13.5.3. 10,001 - 14,000 lbs
13.5.4. 14,001 and 16,000 lbs
13.5.5. 16,001 and 19,500 lbs
13.5.6. 19,501 and 26,000 lbs
13.5.7. 26,001 and 33,000 lbs
13.5.8. Above 33,001 lbs
13.6. North America Truck Rental Market Size & Forecast, 2017-2031, by Truck Propulsion
13.6.1. ICE Trucks
13.6.1.1. Gasoline
13.6.1.2. Diesel
13.6.2. Electric Trucks
13.6.2.1. Battery Electric Trucks
13.6.2.2. Hybrid Electric Trucks
13.6.2.3. Fuel Cell Electric Trucks
13.7. North America Truck Rental Market Size & Forecast, 2017-2031, by Country
13.7.1. U. S.
13.7.2. Canada
13.7.3. Mexico
14. Europe Truck Rental Market
14.1. Market Snapshot
14.2. Europe Truck Rental Market Size & Forecast, 2017-2031, by Service Provider
14.2.1. OEM Captives
14.2.2. Commercial Banks
14.2.3. Non-Banking Financial Company (NBFCs)
14.3. Europe Truck Rental Market Size & Forecast, 2017-2031, by Lease Type
14.3.1. Full Service Lease
14.3.2. Finance Lease
14.3.3. Short Term Truck Rentals
14.3.3.1. Based on Duration
14.3.3.1.1. Single Day
14.3.3.1.2. Multiple Days
14.3.3.2. Based on Purpose
14.3.3.2.1. Personal
14.3.3.2.2. Commercial
14.4. Europe Truck Rental Market Size & Forecast, 2017-2031, by Truck Type
14.4.1. Light Duty Trucks (Class 2)
14.4.1.1. Pick-up Trucks
14.4.1.2. Light Commercial Vehicles
14.4.2. Medium Trucks (Class 3 to 6)
14.4.2.1. Box Truck
14.4.2.2. Medium Duty Truck
14.4.2.3. Medium Standard Truck
14.4.2.4. Flatbed Truck
14.4.2.5. Delivery Truck
14.4.2.6. Platform Truck
14.4.3. Heavy Trucks (Class 7 and 8)
14.4.3.1. 18 Wheeler Truck
14.4.3.2. Refrigerator Truck
14.4.3.3. Dump Truck
14.4.3.4. Garbage Truck
14.4.3.5. Logging Truck
14.4.3.6. Concrete Transport Truck
14.4.3.7. Tractor Unit
14.4.3.8. Tanker Truck
14.4.3.9. Mobile Crane
14.5. Europe Truck Rental Market Size & Forecast, 2017-2031, by GVWR
14.5.1. 6,001 - 8,500 lbs
14.5.2. 8,501 - 10,000 lbs
14.5.3. 10,001 - 14,000 lbs
14.5.4. 14,001 and 16,000 lbs
14.5.5. 16,001 and 19,500 lbs
14.5.6. 19,501 and 26,000 lbs
14.5.7. 26,001 and 33,000 lbs
14.5.8. Above 33,001 lbs
14.6. Europe Truck Rental Market Size & Forecast, 2017-2031, by Truck Propulsion
14.6.1. ICE Trucks
14.6.1.1. Gasoline
14.6.1.2. Diesel
14.6.2. Electric Trucks
14.6.2.1. Battery Electric Trucks
14.6.2.2. Hybrid Electric Trucks
14.6.2.3. Fuel Cell Electric Trucks
14.7. Europe Truck Rental Market Size & Forecast, 2017-2031, by Country
14.7.1. Germany
14.7.2. U. K.
14.7.3. France
14.7.4. Italy
14.7.5. Spain
14.7.6. Nordic Countries
14.7.7. Russia & CIS
14.7.8. Rest of Europe
15. Asia Pacific Truck Rental Market
15.1. Market Snapshot
15.2. Asia Pacific Truck Rental Market Size & Forecast, 2017-2031, by Service Provider
15.2.1. OEM Captives
15.2.2. Commercial Banks
15.2.3. Non-Banking Financial Company (NBFCs)
15.3. Asia Pacific Truck Rental Market Size & Forecast, 2017-2031, by Lease Type
15.3.1. Full Service Lease
15.3.2. Finance Lease
15.3.3. Short Term Truck Rentals
15.3.3.1. Based on Duration
15.3.3.1.1. Single Day
15.3.3.1.2. Multiple Days
15.3.3.2. Based on Purpose
15.3.3.2.1. Personal
15.3.3.2.2. Commercial
15.4. Asia Pacific Truck Rental Market Size & Forecast, 2017-2031, by Truck Type
15.4.1. Light Duty Trucks (Class 2)
15.4.1.1. Pick-up Trucks
15.4.1.2. Light Commercial Vehicles
15.4.2. Medium Trucks (Class 3 to 6)
15.4.2.1. Box Truck
15.4.2.2. Medium Duty Truck
15.4.2.3. Medium Standard Truck
15.4.2.4. Flatbed Truck
15.4.2.5. Delivery Truck
15.4.2.6. Platform Truck
15.4.3. Heavy Trucks (Class 7 and 8)
15.4.3.1. 18 Wheeler Truck
15.4.3.2. Refrigerator Truck
15.4.3.3. Dump Truck
15.4.3.4. Garbage Truck
15.4.3.5. Logging Truck
15.4.3.6. Concrete Transport Truck
15.4.3.7. Tractor Unit
15.4.3.8. Tanker Truck
15.4.3.9. Mobile Crane
15.5. Asia Pacific Truck Rental Market Size & Forecast, 2017-2031, by GVWR
15.5.1. 6,001 - 8,500 lbs
15.5.2. 8,501 - 10,000 lbs
15.5.3. 10,001 - 14,000 lbs
15.5.4. 14,001 and 16,000 lbs
15.5.5. 16,001 and 19,500 lbs
15.5.6. 19,501 and 26,000 lbs
15.5.7. 26,001 and 33,000 lbs
15.5.8. Above 33,001 lbs
15.6. Asia Pacific Truck Rental Market Size & Forecast, 2017-2031, by Truck Propulsion
15.6.1. ICE Trucks
15.6.1.1. Gasoline
15.6.1.2. Diesel
15.6.2. Electric Trucks
15.6.2.1. Battery Electric Trucks
15.6.2.2. Hybrid Electric Trucks
15.6.2.3. Fuel Cell Electric Trucks
15.7. Asia Pacific Truck Rental Market Size & Forecast, 2017-2031, by Country
15.7.1. China
15.7.2. India
15.7.3. Japan
15.7.4. ASEAN Countries
15.7.5. South Korea
15.7.6. ANZ
15.7.7. Rest of Asia Pacific
16. Middle East & Africa Truck Rental Market
16.1. Market Snapshot
16.2. Middle East & Africa Truck Rental Market Size & Forecast, 2017-2031, by Service Provider
16.2.1. OEM Captives
16.2.2. Commercial Banks
16.2.3. Non-Banking Financial Company (NBFCs)
16.3. Middle East & Africa Truck Rental Market Size & Forecast, 2017-2031, by Lease Type
16.3.1. Full Service Lease
16.3.2. Finance Lease
16.3.3. Short Term Truck Rentals
16.3.3.1. Based on Duration
16.3.3.1.1. Single Day
16.3.3.1.2. Multiple Days
16.3.3.2. Based on Purpose
16.3.3.2.1. Personal
16.3.3.2.2. Commercial
16.4. Middle East & Africa Truck Rental Market Size & Forecast, 2017-2031, by Truck Type
16.4.1. Light Duty Trucks (Class 2)
16.4.1.1. Pick-up Trucks
16.4.1.2. Light Commercial Vehicles
16.4.2. Medium Trucks (Class 3 to 6)
16.4.2.1. Box Truck
16.4.2.2. Medium Duty Truck
16.4.2.3. Medium Standard Truck
16.4.2.4. Flatbed Truck
16.4.2.5. Delivery Truck
16.4.2.6. Platform Truck
16.4.3. Heavy Trucks (Class 7 and 8)
16.4.3.1. 18 Wheeler Truck
16.4.3.2. Refrigerator Truck
16.4.3.3. Dump Truck
16.4.3.4. Garbage Truck
16.4.3.5. Logging Truck
16.4.3.6. Concrete Transport Truck
16.4.3.7. Tractor Unit
16.4.3.8. Tanker Truck
16.4.3.9. Mobile Crane
16.5. Middle East & Africa Truck Rental Market Size & Forecast, 2017-2031, by GVWR
16.5.1. 6,001 - 8,500 lbs
16.5.2. 8,501 - 10,000 lbs
16.5.3. 10,001 - 14,000 lbs
16.5.4. 14,001 and 16,000 lbs
16.5.5. 16,001 and 19,500 lbs
16.5.6. 19,501 and 26,000 lbs
16.5.7. 26,001 and 33,000 lbs
16.5.8. Above 33,001 lbs
16.6. Middle East & Africa Truck Rental Market Size & Forecast, 2017-2031, by Truck Propulsion
16.6.1. ICE Trucks
16.6.1.1. Gasoline
16.6.1.2. Diesel
16.6.2. Electric Trucks
16.6.2.1. Battery Electric Trucks
16.6.2.2. Hybrid Electric Trucks
16.6.2.3. Fuel Cell Electric Trucks
16.7. Middle East & Africa Truck Rental Market Size & Forecast, 2017-2031, by Country
16.7.1. GCC
16.7.2. South Africa
16.7.3. Turkey
16.7.4. Rest of Middle East & Africa
17. South America Truck Rental Market
17.1. Market Snapshot
17.2. South America Truck Rental Market Size & Forecast, 2017-2031, by Service Provider
17.2.1. OEM Captives
17.2.2. Commercial Banks
17.2.3. Non-Banking Financial Company (NBFCs)
17.3. South America Truck Rental Market Size & Forecast, 2017-2031, by Lease Type
17.3.1. Full Service Lease
17.3.2. Finance Lease
17.3.3. Short Term Truck Rentals
17.3.3.1. Based on Duration
17.3.3.1.1. Single Day
17.3.3.1.2. Multiple Days
17.3.3.2. Based on Purpose
17.3.3.2.1. Personal
17.3.3.2.2. Commercial
17.4. South America Truck Rental Market Size & Forecast, 2017-2031, by Truck Type
17.4.1. Light Duty Trucks (Class 2)
17.4.1.1. Pick-up Trucks
17.4.1.2. Light Commercial Vehicles
17.4.2. Medium Trucks (Class 3 to 6)
17.4.2.1. Box Truck
17.4.2.2. Medium Duty Truck
17.4.2.3. Medium Standard Truck
17.4.2.4. Flatbed Truck
17.4.2.5. Delivery Truck
17.4.2.6. Platform Truck
17.4.3. Heavy Trucks (Class 7 and 8)
17.4.3.1. 18 Wheeler Truck
17.4.3.2. Refrigerator Truck
17.4.3.3. Dump Truck
17.4.3.4. Garbage Truck
17.4.3.5. Logging Truck
17.4.3.6. Concrete Transport Truck
17.4.3.7. Tractor Unit
17.4.3.8. Tanker Truck
17.4.3.9. Mobile Crane
17.5. South America Truck Rental Market Size & Forecast, 2017-2031, by GVWR
17.5.1. 6,001 - 8,500 lbs
17.5.2. 8,501 - 10,000 lbs
17.5.3. 10,001 - 14,000 lbs
17.5.4. 14,001 and 16,000 lbs
17.5.5. 16,001 and 19,500 lbs
17.5.6. 19,501 and 26,000 lbs
17.5.7. 26,001 and 33,000 lbs
17.5.8. Above 33,001 lbs
17.6. South America Truck Rental Market Size & Forecast, 2017-2031, by Truck Propulsion
17.6.1. ICE Trucks
17.6.1.1. Gasoline
17.6.1.2. Diesel
17.6.2. Electric Trucks
17.6.2.1. Battery Electric Trucks
17.6.2.2. Hybrid Electric Trucks
17.6.2.3. Fuel Cell Electric Trucks
17.7. South America Truck Rental Market Size & Forecast, 2017-2031, by Country
17.7.1. Brazil
17.7.2. Argentina
17.7.3. Rest of South America
18. Competitive Landscape
18.1. Company Share Analysis/ Brand Share Analysis, 2022
18.2. Company Analysis for each player (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)
19. Company Profile/ Key Players
19.1. Barco
19.1.1. Company Overview
19.1.2. Company Footprints
19.1.3. Production Locations
19.1.4. Product Portfolio
19.1.5. Competitors & Customers
19.1.6. Subsidiaries & Parent Organization
19.1.7. Recent Developments
19.1.8. Financial Analysis
19.1.9. Profitability
19.1.10. Revenue Share
19.2. Budget Car Rentals
19.2.1. Company Overview
19.2.2. Company Footprints
19.2.3. Production Locations
19.2.4. Product Portfolio
19.2.5. Competitors & Customers
19.2.6. Subsidiaries & Parent Organization
19.2.7. Recent Developments
19.2.8. Financial Analysis
19.2.9. Profitability
19.2.10. Revenue Share
19.3. Budget Truck Rental, LLC
19.3.1. Company Overview
19.3.2. Company Footprints
19.3.3. Production Locations
19.3.4. Product Portfolio
19.3.5. Competitors & Customers
19.3.6. Subsidiaries & Parent Organization
19.3.7. Recent Developments
19.3.8. Financial Analysis
19.3.9. Profitability
19.3.10. Revenue Share
19.4. Daimler AG
19.4.1. Company Overview
19.4.2. Company Footprints
19.4.3. Production Locations
19.4.4. Product Portfolio
19.4.5. Competitors & Customers
19.4.6. Subsidiaries & Parent Organization
19.4.7. Recent Developments
19.4.8. Financial Analysis
19.4.9. Profitability
19.4.10. Revenue Share
19.5. Element Fleet Management Corporation
19.5.1. Company Overview
19.5.2. Company Footprints
19.5.3. Production Locations
19.5.4. Product Portfolio
19.5.5. Competitors & Customers
19.5.6. Subsidiaries & Parent Organization
19.5.7. Recent Developments
19.5.8. Financial Analysis
19.5.9. Profitability
19.5.10. Revenue Share
19.6. Enterprise Holdings, Inc.
19.6.1. Company Overview
19.6.2. Company Footprints
19.6.3. Production Locations
19.6.4. Product Portfolio
19.6.5. Competitors & Customers
19.6.6. Subsidiaries & Parent Organization
19.6.7. Recent Developments
19.6.8. Financial Analysis
19.6.9. Profitability
19.6.10. Revenue Share
19.7. Express 4x4 Rental
19.7.1. Company Overview
19.7.2. Company Footprints
19.7.3. Production Locations
19.7.4. Product Portfolio
19.7.5. Competitors & Customers
19.7.6. Subsidiaries & Parent Organization
19.7.7. Recent Developments
19.7.8. Financial Analysis
19.7.9. Profitability
19.7.10. Revenue Share
19.8. Fetch Truck Rental
19.8.1. Company Overview
19.8.2. Company Footprints
19.8.3. Production Locations
19.8.4. Product Portfolio
19.8.5. Competitors & Customers
19.8.6. Subsidiaries & Parent Organization
19.8.7. Recent Developments
19.8.8. Financial Analysis
19.8.9. Profitability
19.8.10. Revenue Share
19.9. Fluid Truck Share
19.9.1. Company Overview
19.9.2. Company Footprints
19.9.3. Production Locations
19.9.4. Product Portfolio
19.9.5. Competitors & Customers
19.9.6. Subsidiaries & Parent Organization
19.9.7. Recent Developments
19.9.8. Financial Analysis
19.9.9. Profitability
19.9.10. Revenue Share
19.10. Herc rentals
19.10.1. Company Overview
19.10.2. Company Footprints
19.10.3. Production Locations
19.10.4. Product Portfolio
19.10.5. Competitors & Customers
19.10.6. Subsidiaries & Parent Organization
19.10.7. Recent Developments
19.10.8. Financial Analysis
19.10.9. Profitability
19.10.10. Revenue Share
19.11. Hertz
19.11.1. Company Overview
19.11.2. Company Footprints
19.11.3. Production Locations
19.11.4. Product Portfolio
19.11.5. Competitors & Customers
19.11.6. Subsidiaries & Parent Organization
19.11.7. Recent Developments
19.11.8. Financial Analysis
19.11.9. Profitability
19.11.10. Revenue Share
19.12. Home Depot
19.12.1. Company Overview
19.12.2. Company Footprints
19.12.3. Production Locations
19.12.4. Product Portfolio
19.12.5. Competitors & Customers
19.12.6. Subsidiaries & Parent Organization
19.12.7. Recent Developments
19.12.8. Financial Analysis
19.12.9. Profitability
19.12.10. Revenue Share
19.13. Imperial Truck Rental
19.13.1. Company Overview
19.13.2. Company Footprints
19.13.3. Production Locations
19.13.4. Product Portfolio
19.13.5. Competitors & Customers
19.13.6. Subsidiaries & Parent Organization
19.13.7. Recent Developments
19.13.8. Financial Analysis
19.13.9. Profitability
19.13.10. Revenue Share
19.14. MAX Rental
19.14.1. Company Overview
19.14.2. Company Footprints
19.14.3. Production Locations
19.14.4. Product Portfolio
19.14.5. Competitors & Customers
19.14.6. Subsidiaries & Parent Organization
19.14.7. Recent Developments
19.14.8. Financial Analysis
19.14.9. Profitability
19.14.10. Revenue Share
19.15. Moving.com
19.15.1. Company Overview
19.15.2. Company Footprints
19.15.3. Production Locations
19.15.4. Product Portfolio
19.15.5. Competitors & Customers
19.15.6. Subsidiaries & Parent Organization
19.15.7. Recent Developments
19.15.8. Financial Analysis
19.15.9. Profitability
19.15.10. Revenue Share
19.16. PACCAR Leasing Company
19.16.1. Company Overview
19.16.2. Company Footprints
19.16.3. Production Locations
19.16.4. Product Portfolio
19.16.5. Competitors & Customers
19.16.6. Subsidiaries & Parent Organization
19.16.7. Recent Developments
19.16.8. Financial Analysis
19.16.9. Profitability
19.16.10. Revenue Share
19.17. Penske
19.17.1. Company Overview
19.17.2. Company Footprints
19.17.3. Production Locations
19.17.4. Product Portfolio
19.17.5. Competitors & Customers
19.17.6. Subsidiaries & Parent Organization
19.17.7. Recent Developments
19.17.8. Financial Analysis
19.17.9. Profitability
19.17.10. Revenue Share
19.18. Ryder System, Inc.
19.18.1. Company Overview
19.18.2. Company Footprints
19.18.3. Production Locations
19.18.4. Product Portfolio
19.18.5. Competitors & Customers
19.18.6. Subsidiaries & Parent Organization
19.18.7. Recent Developments
19.18.8. Financial Analysis
19.18.9. Profitability
19.18.10. Revenue Share
19.19. SIXT
19.19.1. Company Overview
19.19.2. Company Footprints
19.19.3. Production Locations
19.19.4. Product Portfolio
19.19.5. Competitors & Customers
19.19.6. Subsidiaries & Parent Organization
19.19.7. Recent Developments
19.19.8. Financial Analysis
19.19.9. Profitability
19.19.10. Revenue Share
19.20. The Larson Group
19.20.1. Company Overview
19.20.2. Company Footprints
19.20.3. Production Locations
19.20.4. Product Portfolio
19.20.5. Competitors & Customers
19.20.6. Subsidiaries & Parent Organization
19.20.7. Recent Developments
19.20.8. Financial Analysis
19.20.9. Profitability
19.20.10. Revenue Share
19.21. U-Haul International Inc.
19.21.1. Company Overview
19.21.2. Company Footprints
19.21.3. Production Locations
19.21.4. Product Portfolio
19.21.5. Competitors & Customers
19.21.6. Subsidiaries & Parent Organization
19.21.7. Recent Developments
19.21.8. Financial Analysis
19.21.9. Profitability
19.21.10. Revenue Share
19.22. United Rentals
19.22.1. Company Overview
19.22.2. Company Footprints
19.22.3. Production Locations
19.22.4. Product Portfolio
19.22.5. Competitors & Customers
19.22.6. Subsidiaries & Parent Organization
19.22.7. Recent Developments
19.22.8. Financial Analysis
19.22.9. Profitability
19.22.10. Revenue Share
19.23. Other Key Players
19.23.1. Company Overview
19.23.2. Company Footprints
19.23.3. Production Locations
19.23.4. Product Portfolio
19.23.5. Competitors & Customers
19.23.6. Subsidiaries & Parent Organization
19.23.7. Recent Developments
19.23.8. Financial Analysis
19.23.9. Profitability
19.23.10. Revenue Share
List of Tables
Table 1: Global Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Table 2: Global Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Table 3: Global Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Table 4: Global Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Table 5: Global Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Table 6: Global Truck Rental Market Value (US$ Bn) Forecast, by Region, 2017-2031
Table 7: North America Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Table 8: North America Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Table 9: North America Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Table 10: North America Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Table 11: North America Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Table 12: North America Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Table 13: Europe Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Table 14: Europe Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Table 15: Europe Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Table 16: Europe Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Table 17: Europe Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Table 18: Europe Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Table 19: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Table 20: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Table 21: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Table 22: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Table 23: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Table 24: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Table 25: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Table 26: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Table 27: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Table 28: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Table 29: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Table 30: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Table 31: South America Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Table 32: South America Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Table 33: South America Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Table 34: South America Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Table 35: South America Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Table 36: South America Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
List of Figures
Figure 1: Global Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Figure 2: Global Truck Rental Market, Incremental Opportunity, by Service Provider, Value (US$ Bn), 2023-2031
Figure 3: Global Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Figure 4: Global Truck Rental Market, Incremental Opportunity, by Lease Type, Value (US$ Bn), 2023-2031
Figure 5: Global Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Figure 6: Global Truck Rental Market, Incremental Opportunity, by Truck Type, Value (US$ Bn), 2023-2031
Figure 7: Global Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Figure 8: Global Truck Rental Market, Incremental Opportunity, by GVWR, Value (US$ Bn), 2023-2031
Figure 9: Global Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Figure 10: Global Truck Rental Market, Incremental Opportunity, by Truck Propulsion, Value (US$ Bn), 2023-2031
Figure 11: Global Truck Rental Market Value (US$ Bn) Forecast, by Region, 2017-2031
Figure 12: Global Truck Rental Market, Incremental Opportunity, by Region, Value (US$ Bn), 2023-2031
Figure 13: North America Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Figure 14: North America Truck Rental Market, Incremental Opportunity, by Service Provider, Value (US$ Bn), 2023-2031
Figure 15: North America Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Figure 16: North America Truck Rental Market, Incremental Opportunity, by Lease Type, Value (US$ Bn), 2023-2031
Figure 17: North America Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Figure 18: North America Truck Rental Market, Incremental Opportunity, by Truck Type, Value (US$ Bn), 2023-2031
Figure 19: North America Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Figure 20: North America Truck Rental Market, Incremental Opportunity, by GVWR, Value (US$ Bn), 2023-2031
Figure 21: North America Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Figure 22: North America Truck Rental Market, Incremental Opportunity, by Truck Propulsion, Value (US$ Bn), 2023-2031
Figure 23: North America Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Figure 24: North America Truck Rental Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
Figure 25: Europe Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Figure 26: Europe Truck Rental Market, Incremental Opportunity, by Service Provider, Value (US$ Bn), 2023-2031
Figure 27: Europe Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Figure 28: Europe Truck Rental Market, Incremental Opportunity, by Lease Type, Value (US$ Bn), 2023-2031
Figure 29: Europe Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Figure 30: Europe Truck Rental Market, Incremental Opportunity, by Truck Type, Value (US$ Bn), 2023-2031
Figure 31: Europe Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Figure 32: Europe Truck Rental Market, Incremental Opportunity, by GVWR, Value (US$ Bn), 2023-2031
Figure 33: Europe Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Figure 34: Europe Truck Rental Market, Incremental Opportunity, by Truck Propulsion, Value (US$ Bn), 2023-2031
Figure 35: Europe Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Figure 36: Europe Truck Rental Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
Figure 37: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Figure 38: Asia Pacific Truck Rental Market, Incremental Opportunity, by Service Provider, Value (US$ Bn), 2023-2031
Figure 39: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Figure 40: Asia Pacific Truck Rental Market, Incremental Opportunity, by Lease Type, Value (US$ Bn), 2023-2031
Figure 41: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Figure 42: Asia Pacific Truck Rental Market, Incremental Opportunity, by Truck Type, Value (US$ Bn), 2023-2031
Figure 43: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Figure 44: Asia Pacific Truck Rental Market, Incremental Opportunity, by GVWR, Value (US$ Bn), 2023-2031
Figure 45: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Figure 46: Asia Pacific Truck Rental Market, Incremental Opportunity, by Truck Propulsion, Value (US$ Bn), 2023-2031
Figure 47: Asia Pacific Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Figure 48: Asia Pacific Truck Rental Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
Figure 49: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Figure 50: Middle East & Africa Truck Rental Market, Incremental Opportunity, by Service Provider, Value (US$ Bn), 2023-2031
Figure 51: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Figure 52: Middle East & Africa Truck Rental Market, Incremental Opportunity, by Lease Type, Value (US$ Bn), 2023-2031
Figure 53: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Figure 54: Middle East & Africa Truck Rental Market, Incremental Opportunity, by Truck Type, Value (US$ Bn), 2023-2031
Figure 55: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Figure 56: Middle East & Africa Truck Rental Market, Incremental Opportunity, by GVWR, Value (US$ Bn), 2023-2031
Figure 57: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Figure 58: Middle East & Africa Truck Rental Market, Incremental Opportunity, by Truck Propulsion, Value (US$ Bn), 2023-2031
Figure 59: Middle East & Africa Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Figure 60: Middle East & Africa Truck Rental Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
Figure 61: South America Truck Rental Market Value (US$ Bn) Forecast, by Service Provider, 2017-2031
Figure 62: South America Truck Rental Market, Incremental Opportunity, by Service Provider, Value (US$ Bn), 2023-2031
Figure 63: South America Truck Rental Market Value (US$ Bn) Forecast, by Lease Type, 2017-2031
Figure 64: South America Truck Rental Market, Incremental Opportunity, by Lease Type, Value (US$ Bn), 2023-2031
Figure 65: South America Truck Rental Market Value (US$ Bn) Forecast, by Truck Type, 2017-2031
Figure 66: South America Truck Rental Market, Incremental Opportunity, by Truck Type, Value (US$ Bn), 2023-2031
Figure 67: South America Truck Rental Market Value (US$ Bn) Forecast, by GVWR, 2017-2031
Figure 68: South America Truck Rental Market, Incremental Opportunity, by GVWR, Value (US$ Bn), 2023-2031
Figure 69: South America Truck Rental Market Value (US$ Bn) Forecast, by Truck Propulsion, 2017-2031
Figure 70: South America Truck Rental Market, Incremental Opportunity, by Truck Propulsion, Value (US$ Bn), 2023-2031
Figure 71: South America Truck Rental Market Value (US$ Bn) Forecast, by Country, 2017-2031
Figure 72: South America Truck Rental Market, Incremental Opportunity, by Country, Value (US$ Bn), 2023-2031
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