Tool & Equipment Rental in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tool & Equipment Rental Market Research Report | NAICS 53231 | Dec 2013

Trying not buying: A growing rental trend will drive industry growth

IBISWorld’s Tool & Equipment Rental market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 08-13
Annual Growth 13-18
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Industry Analysis & Industry Trends

The Tool and Equipment Rental industry was significantly challenged by the economic recession's impact on consumer spending and construction activity. However, due to the current economic recovery, the industry is benefiting from a trend toward renting instead of purchasing tools and equipment, which gained prominence during the downturn. This trend, along with improved disposable income and a resurgence of construction activity across a range of markets, will drive future growth... purchase to read more

Industry Report - Industry Locations Chapter

Firms in this industry typically operate from retail-like or store-front facilities and maintain a range of consumer, commercial and industrial equipment that are rented out for relatively short periods of time. Firms tend to be located in densely populated areas with high levels of residential and commercial construction activity. Industry establishments are primarily located in the Southeast, Great Lakes, Southwest and West regions of the country.


The Southeast is the most populous region in the United States, accounting for 25.4% of the country's population. This region holds an estimated 31.5% of the industry's establishments and is dominated by small operators that work in local markets... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Tool & Equipment Rental Industry?

This industry includes companies that primarily rent tools and small- to medium-size pieces of equipment, including contractors’ and builders’ tools and equipment (e.g. professional lawn mowers or tillers) and home maintenance tools (e.g. pressure washers). Rental of trucks and trailers without drivers, party and banquet equipment, personal and household goods and heavy construction equipment without operators are all excluded from this industry.

Industry Products
Contractor equipmentHome tools and DIY equipment rentalOther equipment rentalRetail salesDelivery, repair and other services
Industry Activities
Rental of contractors' and builders' tools and equipmentRental of home repair toolsRental of moving equipment and supplies (except trucks and vans)Rental of floor-waxing and sanding machinesRental of lawn and garden equipmentRental of various work tools and equipment

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