Material Handling Leasing and Financing Market Overview 

The Material Handling Equipment Leasing and Financing market is experiencing significant growth, driven by the increasing need for flexible financial solutions in acquiring essential equipment across various industries. This market enables businesses to access necessary material handling tools without substantial upfront investments, thereby optimizing operational efficiency and capital allocation.

Material Handling Leasing and Financing Market Size was estimated at 27.2 (USD Billion) in 2023. The Material Handling Leasing and Financing Industry is expected to grow from 28.36(USD Billion) in 2024 to 45.0 (USD Billion) by 2035. The Material Handling Leasing and Financing Market CAGR (growth rate) is expected to be around 4.28% during the forecast period (2025 - 2035).

This growth is attributed to the rising demand for flexible leasing options, expanding industries, and increasing automation in sectors like e-commerce, manufacturing, and mining.

Key Market Segments

The market is segmented based on equipment type, application, and industry vertical:

• By Equipment Type:

• Cranes: Utilized for lifting and moving heavy materials in construction and industrial settings.

• Conveyors: Systems designed for efficient transportation of goods within facilities.

• Industrial Trucks and Lifts: Includes forklifts and pallet jacks essential for warehouse operations.

• Others: Encompasses various specialized material handling equipment.

• By Application:

• Warehouse Management: Equipment facilitating storage, retrieval, and movement of goods.

• Assembly: Tools aiding in the assembly line processes in manufacturing.

• Bulk Handling: Equipment designed for managing bulk materials in industries like mining and agriculture.

• Others: Various other applications across different sectors.

• By Industry Vertical:

• Manufacturing: Industries requiring equipment for production processes.

• E-Commerce: Rapidly growing sector with significant demand for efficient material handling solutions.

• Mining: Industry necessitating robust equipment for material extraction and processing.

• Food and Beverage: Sector requiring specialized equipment for handling perishable goods.

• Others: Includes sectors like healthcare, automotive, and logistics.

Among these, industrial trucks and lifts are expected to dominate the market share during the forecast period, driven by their extensive use in warehouse and logistics operations.

Industry Latest News

• United Rentals Acquires H&E Equipment Services: In January 2025, United Rentals announced its acquisition of H&E Equipment Services in a deal valued at $4.8 billion. This strategic move aims to expand United Rentals' capacity to meet the growing demand for equipment rentals across more U.S. markets, driven by increased government infrastructure spending and delays in manufacturing. Increase in Business Equipment Borrowings: In November 2024, U.S. companies increased their borrowing for equipment investments by 8.7% compared to the same month a year earlier, reaching $10.36 billion. This trend indicates a growing reliance on financing options to acquire material handling equipment.

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Key Companies

Several key players are leading the Material Handling Equipment Leasing and Financing market:

• CIT Group Inc.: A prominent financial holding company offering leasing and financing solutions across various sectors.

• Crest Capital LLC: Specializes in providing equipment financing options tailored to small and medium-sized businesses.

• Element Fleet Management Corp.: Offers comprehensive fleet management services, including equipment leasing and financing.

• Trust Capital LLC: Provides customized financing solutions for a wide range of equipment needs.

• DLL Finance LLC: A global vendor finance company partnering with equipment manufacturers and distributors to deliver financial solutions.

These companies play a crucial role in facilitating access to material handling equipment through flexible leasing and financing options, thereby supporting businesses in optimizing their operations.