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Industrial Equipment Rental & Leasing in Ohio

Author.Name IBISWorld United States Last Updated: April 2025 NAICS OH53249

Industrial Equipment Rental & Leasing in Ohio industry analysis

The Industrial Equipment Rental & Leasing industry in Ohio is expected to grow an annualized x.x% to $x.x billion 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 decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.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 grow 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 Ohio Market Research Report

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

Definition of the Industrial Equipment Rental & Leasing in Ohio?

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 Ohio?

The Industrial Equipment Rental & Leasing in Ohio 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, retail sales, product delivery and repair and rental of other products. Related terms covered in the Industrial Equipment Rental & Leasing in Ohio 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 Ohio

Benchmark the Industrial Equipment Rental & Leasing in Ohio industry performance with all OH county and national performance.

Industrial Equipment Rental & Leasing in Ohio

#10 in Highest Revenue 2.2% 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 Ohio

See how key industry drivers, such as house price index, private investment in residential construction, net migration, 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 Ohio

Ohio Economic Indicators

House Price Index
Private Investment in Residential Construction
Net Migration

View more economic information in OH 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 Ohio

Access proprietary data on county in the Industrial Equipment Rental & Leasing in Ohio, such as Franklin County, Cuyahoga County and Hamilton County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Industrial Equipment Rental & Leasing industry in Ohio

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 Ohio in 2025?

The market size of the Industrial Equipment Rental & Leasing industry in Ohio is $1.2bn in 2025.

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

There are 303 businesses in the Industrial Equipment Rental & Leasing industry in Ohio, which has been growing at an average annual rate of 2.1% from 2020 to 2025.

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

The market size of the Industrial Equipment Rental & Leasing industry in Ohio has been growing at an average annual rate of 5.1% from 2020 to 2025.

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

There are 3,249 employees in the Industrial Equipment Rental & Leasing industry in Ohio, which has been declining at an average annual rate of -1.6% from 2020 to 2025.