In 2023, Germany led the European market for enterprises renting and leasing agricultural machinery, with Poland and Spain following closely. Moderate growth was evident in several countries, including Belgium and Romania, which saw significant year-on-year increases. Conversely, Portugal, Sweden, and Italy experienced declines. Estonia and Lithuania marked rapid growth with substantial yearly gains. Over the past five years, rental enterprises experienced fluctuating growth rates, with a mix of expansions and contractions across regions.
Future trends to watch include technology integration in agricultural machinery rentals, environmentally sustainable equipment demands, and the potential consolidation of smaller enterprises driven by larger market players seeking economies of scale.
Top countries in Number of Enterprises of Renting and Leasing of Agricultural Machinery and Equipment by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,370 | 2023 | +3.37% | +2.49% | View data |
| 2 | 2 Poland | 963 | 2023 | +7.37% | +1.91% | View data |
| 3 | 3 Spain | 885 | 2023 | +2.19% | +3% | View data |
| 4 | 4 Portugal | 463 | 2023 | -0.43% | -2.22% | View data |
| 5 | 5 United Kingdom | 461 | 2023 | +0.22% | +0.26% | View data |
| 6 | 6 France | 393 | 2023 | +1.03% | +1.54% | View data |
| 7 | 7 Netherlands | 245 | 2023 | +0.82% | +1.72% | View data |
| 8 | 8 Norway | 213 | 2023 | +0.95% | +1.37% | View data |
| 9 | 9 Sweden | 209 | 2023 | 0% | -0.66% | View data |
| 10 | 10 Austria | 126 | 2023 | 0% | +0.16% | View data |
