This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Temporary stay: Contractors will benefit from accelerating nonresidential construction activity
Industrial equipment rental and leasing companies offer a range of products, including industrial machinery, certain construction equipment, entertainment products and medical devices, for fixed-term use. The variety of products rented or leased mitigates economic fluctuations from affecting demand from any one market. Expanding industrial production, coupled with increased construction activity, bolstered industry performance. However, the onset of COVID-19 and subsequently declining downstream demand had decelerated industry growth. Industrial equipment rental and leasing contractors have since recovered as customers have expressed renewed demand; despite this, revenue has decreased at a CAGR of 1.1% over the past five years, but will likely increase 1.2% to total $38.9 billion in 2023.
This industry includes enterprises that primarily rent or lease nonconsumer machinery and equipment (except heavy construction, transportation, mining and forestry machinery and office equipment).
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- United Rentals, Inc.
- Sunbelt Rentals Exchange Inc.
- Ashtead Group Plc
- Herc Holdings Inc.
- Nep Group, Inc.
- Wca Waste Corp
- United Site Services Inc.
- Williams Scotsman Inc.
- Maxim Crane Works, L.P.
- Cooperatieve Rabobank U.A.
- Sunstate Equipment Co., LLC
- Agiliti Health, Inc.
- Advanced Disposal Services, Inc.
- Aggreko Plc
- ABCOM Technology Group Inc.
- Satellite Shelters, Inc.
- US Med-Equip Inc.
- USA Hauling & Recycling Inc.
- Bigrentz, Inc.
- Rumpke Consolidated Companies, Inc.
- Markey’s Audio Visual Inc.
- H&E Equipment Services, Inc.
- Getinge Ab
- Meeting Tomorrow Inc.
- Porta-Fab Corp
- Universal Manufacturing Co
- Touax SCA
- Mobilease Modular Space Inc.
- LA Roll Off Services
- GSE Audiovisual Inc.
- Tamerica Products Inc.
- Audio Visual Services Group Inc.
- Triumph Modular Incorporated
- CARU Containers B.V.
- J&S Audio Visual Communications Inc.
- Prudential Leasing Inc.
- Blue Sky Intermodal (Uk) Ltd.
- California Waste Services, Llc
- Whitley Manufacturing Co. Inc.
- China Cosco Shipping Corporation Limited
- Par-Kut International Inc.
Methodology
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