Commercial & Industrial Equipment Rental & Leasing

First Research, Inc.
September 8, 2014
10 Pages - SKU: FRRS5325464
Countries covered: United States

Commercial & Industrial Equipment Rental & Leasing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry rent and lease equipment to commercial and industrial entities for use in business operations. Major companies include US-based Hertz and United Rentals; UK-based Aggreko, Ashtead Group (owner of US's Sunbelt Rentals), and Speedy Hire; and Japan-based Century Tokyo Leasing and IBJ Leasing.

Global sales of construction equipment, an indicator of rental demand, are expected to increase by about 6 percent annually through 2017, according to Associated Equipment Distributors. Major markets for construction equipment rental include China, Europe, and the US.

The US commercial and industrial equipment rental and leasing industry includes more than 8,000 companies with combined annual revenue of about $50 billion. Key growth drivers include leasing medical equipment and establishing national account programs for large customers.

COMPETITIVE LANDSCAPE

Demand is driven by business and industrial activity, particularly in nonresidential construction. The profitability of individual companies depends on the merchandising mix and cost of financing rental inventory. Large companies have economies of scale in buying equipment and having multiple outlets to share equipment. Small companies can compete effectively by providing specialty products for a local market and by offering superior customer service. The US industry is concentrated: the top 50 companies account for more than half of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major rental and leasing product categories are heavy construction equipment (35 percent of revenue); aircraft, steamships and tugboats, and railroad cars (20 percent); and office equipment and computers (5 percent). Other rental product categories...



More Machinery reports by First Research, Inc.

Agricultural Machinery Manufacturing by First Research, Inc.
Agricultural Machinery ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture agricultural equipment and machinery, as well as commercial turf and lawn care equipment. ...
Metalworking Machinery Manufacturing by First Research, Inc.
Metalworking Machinery ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture metalworking machinery, including molds, dies, cutting tools, and machining centers. Major companies include ...
Industrial Equipment Wholesalers by First Research, Inc.
Industrial Equipment WholesalersBrief Excerpt from Industry Overview Chapter:Companies in this industry distribute machinery and equipment used in manufacturing, oil and gas exploration and production, and ...
Printing Machinery & Equipment Manufacturing by First Research, Inc.
Printing Machinery & Equipment ManufacturingBrief Excerpt from Industry Overview Chapter:Companies in this industry manufacture printing machinery and equipment, including printing presses and binding machinery. Major ...
See all reports like this >>

More United States Machinery reports

All Other Miscellaneous General Purpose Machinery Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition] by Supplier Relations US, LLC
All Other Miscellaneous General Purpose Machinery Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition]The All Other Miscellaneous General Purpose Machinery Manufacturing ...
Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition] by Supplier Relations US, LLC
Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition]This latest Industrial Truck, Tractor, Trailer, and ...
Other Metalworking Machinery Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition] by Supplier Relations US, LLC
Other Metalworking Machinery Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition]The Other Metalworking Machinery Manufacturing Industry report contains the most recent ...
Industrial Mold Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition] by Supplier Relations US, LLC
Industrial Mold Manufacturing Industry in the U.S. and its International Trade [2014 Q4 Edition]The Industrial Mold Manufacturing Industry report contains the most recent data and ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!