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Industrial Equipment Rental & Leasing in New Jersey

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NJ53249

Industrial Equipment Rental & Leasing in New Jersey industry analysis

The Industrial Equipment Rental & Leasing industry in New Jersey is expected to grow an annualized x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to xxx locations. Industry employment has increased an annualized x.x% to x,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 billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Industrial Equipment Rental & Leasing in New Jersey Market Research Report

What’s Included in the Industrial Equipment Rental & Leasing in New Jersey Market Research Report

Definition of the Industrial Equipment Rental & Leasing in New Jersey?

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

What’s included in the Industrial Equipment Rental & Leasing in New Jersey?

The Industrial Equipment Rental & Leasing in New Jersey includes 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 and retail sales, product delivery and repair. Related terms covered in the Industrial Equipment Rental & Leasing in New Jersey industry report includes a contract granting the use of property during a specified period in exchange for a specified rent, a payment made at specified intervals in return for the right to use the property of another, an individual operator with one location and no paid staff and the relocation of a company's business process, such as manufacturing or accounting, from one country to another.

Industry Performance of the Industrial Equipment Rental & Leasing industry in New Jersey

Benchmark the Industrial Equipment Rental & Leasing in New Jersey industry performance with all NJ county and national performance.

Industrial Equipment Rental & Leasing in New Jersey

#6 in Highest Revenue 3.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Industrial Equipment Rental & Leasing 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 Industrial Equipment Rental & Leasing industry in New Jersey

See how key industry drivers, such as population, house price index, private investment in residential construction, private investment in industrial equipment and machinery, private investment in computers and software and private investment in manufacturing structures are impacting Industrial Equipment Rental & Leasing in New Jersey

New Jersey Economic Indicators

Population
House Price Index
Private Investment in Residential Construction

View more economic information in NJ State Economic profile

US Key External Drivers

Private investment in industrial equipment and machinery
Private investment in computers and software
Private investment in manufacturing structures

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

County Data of the Industrial Equipment Rental & Leasing industry in New Jersey

Access proprietary data on county in the Industrial Equipment Rental & Leasing in New Jersey, such as Bergen County, Morris County and Middlesex County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Industrial Equipment Rental & Leasing industry in New Jersey

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 Industrial Equipment Rental & Leasing industry in New Jersey in 2025?

The market size of the Industrial Equipment Rental & Leasing industry in New Jersey is $2.1bn in 2025.

How many businesses are there in the Industrial Equipment Rental & Leasing industry in New Jersey in 2025?

There are 225 businesses in the Industrial Equipment Rental & Leasing industry in New Jersey, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Industrial Equipment Rental & Leasing industry in New Jersey grown or declined over the past 5 years?

The market size of the Industrial Equipment Rental & Leasing industry in New Jersey has been growing at an average annual rate of 6.0% from 2020 to 2025.

How many employees in the Industrial Equipment Rental & Leasing industry in New Jersey in 2025?

There are 3,713 employees in the Industrial Equipment Rental & Leasing industry in New Jersey, which has been growing at an average annual rate of 0.8% from 2020 to 2025.