Overview

IBISWorld’s Industrial Truck Rental Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Industrial Truck Rental.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Industrial Truck Rental - Recent Price Trend

The average price of industrial truck rentals has been growing at an estimated annualized rate of 1.5% from 2014 to 2017 due to rising input costs and demand growth from downstream markets. However, price growth has been modest because suppliers compete heavily due to the standardized nature of their services. Additionally, price volatility has been low during the past three years, enabling...

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Industrial Truck Rental - Total Cost of Ownership

The total cost of ownership for industrial truck rental is low. Renting industrial trucks over purchasing them reduces the total cost of ownership because renters do not incur storage costs for equipment during periods when it is not needed. Furthermore, renters do not have to pay for maintenance and repair costs for the trucks. Rental companies generally do not apply additional fees beyond those...

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About this Report

This report is intended to assist renters of industrial trucks, which are nonroad-going vehicles used for material handling. Industrial trucks include nonmotorized and motorized equipment, such as carts, dollies, hand trucks, pallet trucks, pushcarts, wheelbarrows, creepers, wagons, tilt trucks, shelf trolleys, power buggies, tuggers, platform trucks and electric tow tractors. This report does not cover lifting equipment, such as stackers and forklifts. Industrial truck rental suppliers include regional firms and national firms. The primary types of renters of industrial trucks are contractors, third-party logistics providers, supermarkets, grocery stores and consumers. For the purposes of this report, buyers are referred to as renters.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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