Ashtead Group Investor Day Presentation Deck
US CONSTRUCTION MARKET OUTLOOK
DODGE CONSTRUCTION STARTS (INDEXED: 2000=100)
210
190
170
150
130
110
90
70
50
2005 2007 2009
Source: Dodge Data & Analytics (February 2021)
CONSTRUCTION PUT-IN-PLACE
2016
Markets ($bn)
1,224
Market growth
+7%
Source: Dodge Data & Analytics (March 2021)
RENTAL MARKET FORECAST
2016
+4%
Market growth
Source: IHS Markit (February 2021)
93
Capital Markets Day 2021
2011
2017
1,280
+5%
2017
+4%
2013
2018
1,333
+4%
2018
+8%
2015
2019
1,365
+2%
2019
+6%
2017
2020
1,430
+5%
2020
-12%
2019
2021
1,397
-2%
2021
+2%
2021
2022
1,459
+4%
2022
+11%
2023
2023
1,578
+8%
2023
+5%
2025
2024
1,666
+6%
2024
+3%
Construction starts return to
pre-COVID-19 levels in 2022
Non-residential put-in-place
construction declines 10% in 2021
before returning to pre-COVID-19
levels in 2023
Forecasts do not include significant
new infrastructure expenditure
Rental market forecast to grow at
5% CAGR between 2021 and 2024
SUNBELT.
RENTALSView entire presentation