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Truck Rental in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN53212

Truck Rental in Minnesota industry analysis

The Truck Rental industry in Minnesota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Truck Rental in Minnesota Market Research Report

What’s Included in the Truck Rental in Minnesota Market Research Report

Definition of the Truck Rental in Minnesota?

Operators in this industry primarily rent or lease trucks, utility trailers, buses, semitrailers and other related vehicles (without drivers). Purchasing and lease-to-own arrangements of these vehicles are excluded from this industry. Operators that rent or lease industrial trucks and equipment, such as forklifts, are covered in the Industrial Equipment Rental and Leasing industry (IBISWorld report 53249).

What’s included in the Truck Rental in Minnesota?

The Truck Rental in Minnesota includes truck and trailer rentals, truck and trailer leases, other vehicle and equipment rentals and leases and repairs and other services. Related terms covered in the Truck Rental in Minnesota industry report includes the number of new homes under construction, a government agency designed to protect human health and safeguard the natural environment and a truck's supporting metal frame, wheels and mechanical parts, separate from its body.

Industry Performance of the Truck Rental industry in Minnesota

Benchmark the Truck Rental in Minnesota industry performance with all MN county and national performance.

Truck Rental in Minnesota

#22 in Highest Revenue 1.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Truck 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 Truck Rental industry in Minnesota

See how key industry drivers, such as population, private investment in residential construction, median houshold income, freight transportation services index, oil and natural gas price index and value of construction are impacting Truck Rental in Minnesota

Minnesota Economic Indicators

Population
Private Investment in Residential Construction
Median Houshold Income

View more economic information in MN State Economic profile

US Key External Drivers

Freight transportation services index
Oil and natural gas price index
Value of construction

For the full list of industry drivers, see report purchase options.

County Data of the Truck Rental industry in Minnesota

Access proprietary data on county in the Truck Rental in Minnesota, such as Hennepin County, Dakota County and Ramsey County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Truck Rental industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Truck Rental industry in Minnesota in 2025?

The market size of the Truck Rental industry in Minnesota is $538.5m in 2025.

How many businesses are there in the Truck Rental industry in Minnesota in 2025?

There are 217 businesses in the Truck Rental industry in Minnesota, which has been growing at an average annual rate of 1.6% from 2020 to 2025.

Has the Truck Rental industry in Minnesota grown or declined over the past 5 years?

The market size of the Truck Rental industry in Minnesota has been growing at an average annual rate of 3.1% from 2020 to 2025.

How many employees in the Truck Rental industry in Minnesota in 2025?

There are 778 employees in the Truck Rental industry in Minnesota, which has been growing at an average annual rate of 0.8% from 2020 to 2025.