Truck Rental Market Size, Share, and Trends 2024 to 2034

The global truck rental market size is calculated at USD 130.55 billion in 2024, grew to USD 140.37 billion in 2025 and is projected to reach around USD 269.57 billion by 2034. The market is expanding at a CAGR of 7.52% between 2024 and 2034. The Asia Pacific truck rental market size was valued at USD 5.35 billion in 2024 and is estimated to grow at a solid CAGR of 7.63% during the forecast period.

  • Last Updated : October 2024
  • Report Code : 5117
  • Category : Transport and Logistics

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Truck Rental Market 

5.1. COVID-19 Landscape: Truck Rental Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Truck Rental Market, By Truck

8.1. Truck Rental Market, by Truck, 2024-2034

8.1.1. Light Duty

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Medium Duty

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Heavy Duty

8.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Truck Rental Market, By Duration

9.1. Truck Rental Market, by Duration, 2024-2034

9.1.1. Short Term

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Long Term

9.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Truck Rental Market, By Propulsion 

10.1. Truck Rental Market, by Propulsion, 2024-2034

10.1.1. Internal Combustion Engine (ICE)

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Electric

10.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Truck Rental Market, By Service Provider 

11.1. Truck Rental Market, by Service Provider, 2024-2034

11.1.1. Rental and Leasing Companies

11.1.1.1. Market Revenue and Forecast (2021-2034)

11.1.2. OEM Captives

11.1.2.1. Market Revenue and Forecast (2021-2034)

11.1.3. Third-Party Service Providers

11.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 12. Global Truck Rental Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Truck (2021-2034)

12.1.2. Market Revenue and Forecast, by Duration (2021-2034)

12.1.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.1.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Truck (2021-2034)

12.1.5.2. Market Revenue and Forecast, by Duration (2021-2034)

12.1.5.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.1.5.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Truck (2021-2034)

12.1.6.2. Market Revenue and Forecast, by Duration (2021-2034)

12.1.6.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.1.6.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Truck (2021-2034)

12.2.2. Market Revenue and Forecast, by Duration (2021-2034)

12.2.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.2.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Truck (2021-2034)

12.2.5.2. Market Revenue and Forecast, by Duration (2021-2034)

12.2.5.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.2.5.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Truck (2021-2034)

12.2.6.2. Market Revenue and Forecast, by Duration (2021-2034)

12.2.6.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.2.6.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Truck (2021-2034)

12.2.7.2. Market Revenue and Forecast, by Duration (2021-2034)

12.2.7.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.2.7.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Truck (2021-2034)

12.2.8.2. Market Revenue and Forecast, by Duration (2021-2034)

12.2.8.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.2.8.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Truck (2021-2034)

12.3.2. Market Revenue and Forecast, by Duration (2021-2034)

12.3.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.3.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Truck (2021-2034)

12.3.5.2. Market Revenue and Forecast, by Duration (2021-2034)

12.3.5.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.3.5.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Truck (2021-2034)

12.3.6.2. Market Revenue and Forecast, by Duration (2021-2034)

12.3.6.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.3.6.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Truck (2021-2034)

12.3.7.2. Market Revenue and Forecast, by Duration (2021-2034)

12.3.7.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.3.7.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Truck (2021-2034)

12.3.8.2. Market Revenue and Forecast, by Duration (2021-2034)

12.3.8.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.3.8.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Truck (2021-2034)

12.4.2. Market Revenue and Forecast, by Duration (2021-2034)

12.4.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.4.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Truck (2021-2034)

12.4.5.2. Market Revenue and Forecast, by Duration (2021-2034)

12.4.5.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.4.5.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Truck (2021-2034)

12.4.6.2. Market Revenue and Forecast, by Duration (2021-2034)

12.4.6.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.4.6.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Truck (2021-2034)

12.4.7.2. Market Revenue and Forecast, by Duration (2021-2034)

12.4.7.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.4.7.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Truck (2021-2034)

12.4.8.2. Market Revenue and Forecast, by Duration (2021-2034)

12.4.8.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.4.8.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Truck (2021-2034)

12.5.2. Market Revenue and Forecast, by Duration (2021-2034)

12.5.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.5.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Truck (2021-2034)

12.5.5.2. Market Revenue and Forecast, by Duration (2021-2034)

12.5.5.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.5.5.4. Market Revenue and Forecast, by Service Provider (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Truck (2021-2034)

12.5.6.2. Market Revenue and Forecast, by Duration (2021-2034)

12.5.6.3. Market Revenue and Forecast, by Propulsion (2021-2034)

12.5.6.4. Market Revenue and Forecast, by Service Provider (2021-2034)

Chapter 13. Company Profiles

13.1. Enterprise Holdings, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. The Hertz Corporation.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Penske; Ryder System, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Avis Rent A Car System, LLC

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. NationaLease

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Daimler Truck AG

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. United Rentals, Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Bush Truck Leasing

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Kenworth Sales Company

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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