Industry Analysis & Industry Trends
The range of downstream businesses that use this industry's aircraft, railcars, ships and drilling machinery generally shelters the overall industry from volatile fluctuations in demand from any one sector; however, the recession's momentous impact on the entire economy overwhelmed the industry's resilience, leading to revenue declines. Downstream demand will prove to be a strong driver of industry performance in the five years to 2020. The industry will particularly benefit from a revival in demand from the transportation and construction industries; as disposable income and corporate profit rise, demand for aircraft will also improve... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Heavy Equipment Rental industry is fragmented with the four biggest players accounting for an estimated 21.6% of the industry's 2015 revenue. The remainder of the market is contested by a vast number of smaller players that operate in geographically dispersed or specialist markets. The majority of these companies are nonemployers who include individuals that rent out their own equipment. However, nonemployers only make up less than 10.0% of industry revenue.
Over the five years to 2015 the industry has experienced consolidation. The drop in construction and transportation activity forced many players to exit the industry. Meanwhile, larger players were better able to weather the decline in demand and take advantage of industry recovery... purchase to read more