Four charts that show why rental firms are reining in spending
20 June 2025
New figures from the IRN100 show that rental firms around the world reduced their annual equipment budgets in 2024 by a total of 11% compared with the previous year. Lewis Tyler looks at four graphs which demonstrate what is happening.
Construction equipment rental companies around the world reined in their spending by more than a tenth last year as a slowing global economy and political uncertainty encouraged caution.
According to the International Rental News IRN100 annual survey of the world’s biggest construction equipment rental firms, the amount of money…
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