About the Tool & Equipment Rental in Michigan Market Research Report
What’s Included in the Tool & Equipment Rental in Michigan Market Research Report
Definition of the Tool & Equipment Rental in Michigan?
This industry comprises companies that primarily rent tools and small- to medium-size pieces of equipment, including contractors’ and builders’ tools and equipment and home maintenance tools for a short period of time. Enterprises that primarily focus on other rentals such as trucks and trailers without drivers, party and banquet equipment and personal and household goods are all excluded from this industry.
What’s included in the Tool & Equipment Rental in Michigan?
The Tool & Equipment Rental in Michigan includes contractor equipment, home tools and diy equipment rental, renting consumer goods, other equipment rentals and delivery, repair and other services. Related terms covered in the Tool & Equipment Rental in Michigan industry report includes an industry operator with one location and no employees (e.g. a sole proprietor), a project in which a consumer does the work themselves instead of hiring a professional contractor and equipment used to raise workers or materials to work sites.
Industry Performance of the Tool & Equipment Rental industry in Michigan
Benchmark the Tool & Equipment Rental in Michigan industry performance with all MI county and national performance.
Tool & Equipment Rental in Michigan
#10 in Highest Revenue 3% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Tool & Equipment Rental in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Tool & Equipment Rental industry in Michigan
See how key industry drivers, such as population, house price index, private investment in non-residential construction, value of residential construction, per capita disposable income and housing starts are impacting Tool & Equipment Rental in Michigan
Michigan Economic Indicators
Population
House Price Index
Private Investment in Non-Residential Construction
View more economic information in MI State Economic profile
US Key External Drivers
Value of residential construction
Per capita disposable income
Housing starts
For the full list of industry drivers, see report purchase options.
County Data of the Tool & Equipment Rental industry in Michigan
Access proprietary data on county in the Tool & Equipment Rental in Michigan, such as Oakland County, Kent County and Wayne County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Tool & Equipment Rental industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
