Well equipped: Operators will benefit from accelerating nonresidential construction

The Industrial Equipment Rental & Leasing industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.


Industry Threats & Opportunities

  • State and federal government budgets drive demand for rental equipment in institutional buildings
  • Profit margins have improved over the period, which has encouraged entry into the industry
  • Interest rates are expected to rise considerably, but this is unlikely to significantly hinder growth
  • Industry Analysis & Industry Trends

    The Industrial Equipment Rental and Leasing industry offers a range of products, including industrial machinery, some construction equipment, entertainment products and medical devices, for fixed-term use. Renting expensive equipment allows client companies to free up spending for other purposes, such as expanding operations or hiring employees. This trend has sped up in the wake of the recession after demand dampened and many companies found themselves making payments on purchased equipment they no longer needed. In the coming years, construction activity is anticipated to grow in earnest.

    Industry Report - Starting a New Business Chapter

    Barriers to entry into the industry are moderate; the market is highly fragmented with little concentration of ownership, and companies are not required to have any licenses or certifications to operate. However, new entrants are faced with a number of challenges, including accessing capital for new equipment purchases and sustaining the purchasing power necessary to maintain and operate a fleet.

    Companies with greater purchasing power are able to provide customers with a broader range of equipment and services and with greater flexibility in the transfer of equipment among locations in response to, and in anticipation of, customer demand. Companies with large and diverse rental fleets can better serve customers that require large quantities or wide varieties of equipment. New

    Additional Insights for the Industrial Equipment Rental & Leasing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Industrial Equipment Rental & Leasing Industry are

  • Ability to control stock on hand
  • Ability to raise revenue from additional sources
  • Superior financial and debt management
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Industrial production index in the Industrial Equipment Rental & Leasing industry impact industry performance..

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    Industry Products

    What is the Industrial Equipment Rental & Leasing Industry?

    This industry includes establishments that primarily rent or lease nonconsumer machinery and equipment (except heavy construction, transportation, mining and forestry machinery and office equipment).

    Industry Products
    General industrial equipment rental
    Light construction equipment rental
    Medical equipment rental
    Audiovisual equipment rental
    Industrial energy equipment and pumps rental
    Theatrical and motion picture rental
    Retail sales, product delivery and repair
    Rental of other products
    Industry Activities
    Renting or leasing agricultural machinery and equipment
    Renting or leasing carpentry equipment
    Renting or leasing carpet and rug-cleaning equipment
    Renting or leasing furniture
    Renting or leasing generators
    Renting or leasing industrial trucks
    Renting or leasing medical equipment (except home health furniture and equipment)
    Renting or leasing pallet and skid
    Renting or leasing telecommunications equipment
    Renting or leasing theatrical and motion picture equipment

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Industrial production index
  • Demand from hospitals
  • Yield on 10-year Treasury note

  • Current Performance
  • Economic conditions
  • Mixed market demand
  • Chart: Revenue Growth

  • Industry Outlook
  • Construction, government and healthcare markets improve
  • Consolidation constrains expansion
  • Table: Industrial Equipment Rental & Leasing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Industrial Equipment Rental & Leasing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Construction
  • Metalworking Machinery Manufacturing
  • Cabinet & Vanity Manufacturing
  • Healthcare and Social Assistance
  • Arts, Entertainment and Recreation

  • Key Selling Industries
  • Audio & Video Equipment Manufacturing
  • Construction Machinery Manufacturing
  • Data Processing & Hosting Services
  • Medical Instrument & Supply Manufacturing
  • Tractors & Agricultural Machinery Manufacturing

  • Products & Services
  • General industrial equipment rental
  • Light construction equipment rental
  • Audiovisual equipment rental
  • Medical equipment rental
  • Industrial energy equipment and pumps rental
  • Retail sales, product delivery and repair
  • Theatrical and motion picture rental
  • Rental of other products
  • Chart: Industrial Equipment Rental & Leasing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Heavy industry and manufacturing markets
  • Construction markets
  • Entertainment and audiovisual markets
  • Healthcare markets
  • Other markets
  • Chart: Major Market Segmentation for the Industrial Equipment Rental & Leasing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitDepreciation and PurchasesWagesUtilities and rentOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Industrial Equipment Rental & Leasing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Industrial Equipment Rental & Leasing Industry

  • Industry Globalization
    Major Companies
    United Rentals Inc.
  • Table: United Rentals Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Industrial Equipment Rental & Leasing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Industrial Equipment Rental & Leasing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Industrial Production Index (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • A contract granting use of property during a specified period in exchange for a specified rent.
  • Nonemployer
  • An individual operator with one location and no paid staff.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another.
  • Rent
  • A payment made at specified intervals in return for the right to use the property of another.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Industrial Equipment Rental & Leasing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Industrial Equipment Rental & Leasing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Industrial Equipment Rental & Leasing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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