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Global Rental Industry Insights and Emerging Trends (Car & Construction)

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With the technological advances shifting consumer preferences for sustainable solutions and market growth, the rental industry continues to evolve. From construction equipment to luxury car leasing, 2025 promises substantial opportunities for rental businesses to capitalize on emerging trends and experience robust growth. Thus, this article will highlight the most noteworthy developments and opportunities shaping the rental industry. 

1. Major Construction Trade Shows To Be Advocated in Europe

The construction industry in Europe is preparing for the region’s greatest tradeshow, Bauma–to be held in Munich, Germany and a series of 27 other critical global trade shows around the world in 2025. These events promise to drive business opportunities and technological progress across the construction industry. Some of these events include:

EventsDateLocation
CES7-10 JanuaryLas Vegas, USA
BAU 202513-17 JanuaryTrade Fair Center Messe München. Munich, Germany
International Roofing Expo19-21 FebruaryHenry B. González Convention Center, San Antonio, Texas, USA
Big 5 Construct Saudi5-18 February (1st week)24-27 February (2nd week)ROSHN Front, Riyadh, Saudi Arabia
New York Build Expo12-13 MarchJavits Centre, New York, USA

2. Pietro: Multi-niche Rental Marketplace Powered by YoRent

Italy-Based Rental Marketplace Built with Yo!Rent

Leasing a variety of electronics, sports equipment, and adventure tools, Pietro is a multi-category rental marketplace launched in Italy with Yo!Rent. The platform extends items for leasing for several occasions—be it house parties, outdoor adventures, or movie nights.

3. Emerging Technological Advances Redefining Car Rentals

The car rental industry is embracing cutting-edge technology in order to enhance customer experience and operational efficiency. AI-powered platforms, use of telematics in Vehicle Monitoring, and seamless app integrations are paving the way to set new industry benchmarks in 2025.

4. Construction Equipment Rental Market Set for Sustained Growth

The construction equipment leasing industry is on a growth trajectory. According to research, the market will reach $280.13 billion by 2030, growing from $195.35 billion in 2023 with North America (particularly the US) contributing the most. The reason behind this growth is due to the rise of smart cities and infrastructure projects globally. The AI-integrated machinery, automation and digitalization & BIM acting as key growth drivers.

5. Telematics to Modernize the Rental Industry

Telematics is becoming an indispensable tool for the rental and leasing industry. The largest shareholder includes the construction sector. This is because of OEM telematics system that is provided by heavy equipment manufacturers. Acc. to Berg Insights, installed bases of off-highway active vehicle telematics systems are anticipated to reach 16.1 million units in 2028 globally.

6. Luxury Car Rentals Gain Momentum in the UAE

The luxury car rental market is flourishing, with the increased tourism, change in consumer interests, and digital transformation—expected to grow at a CAGR of 11.8% by 2027 in the UAE. Offering an exotic and premium fleet of cars, the well-known brands include NCK Rent-A-Car and Beno.

7. Rapid Expansion in P2P Car Rental Apps

Anticipated to reach $84.7 billion by 2034, the Peer-to-Peer (P2P) car rental industry is experiencing substantial growth—growing at a CAGR of 11.20% from 2025-2034. Due to the convenience and personalization offered by these apps, result in increased user adoption and highlight the market potential for investors.

Reach out to us to capitalize on the growing trend and leverage the most versatile rental marketplace software – Book a free demo Now!

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