Industrial Equipment Rental & Leasing in the US - Industry Market Research Report

Industrial Equipment Rental & Leasing in the US - Industry Market Research Report

Industrial Equipment Rental & Leasing in the US

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).

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.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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