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Heavy Equipment Rental in the US - Industry Market Research Report

Heavy Equipment Rental in the US

The Heavy Equipment Rental industry's financial performance is subject to trends and activity in an array of downstream markets, including air, sea and rail transportation; highway, street, tunnel and bridge construction; and oil exploration and drilling. Additionally, general economic conditions, such as interest rates, unemployment and disposable income, play an important role in determining demand for the industry's products. Over the five years to 2019, revenue growth was particularly strong as construction markets grew strongly. Over the five years to 2024, improved demand from downstream transportation and mining sectors are expected to boost industry performance. Additionally, while the construction sector's growth is expected to slow, continued expansion should drive new leasing.

Industry operators rent or lease heavy construction, off-highway transportation, mining and forestry machinery and equipment without attached labor. Operators in this industry may rent or lease products including aircrafts, railcars, steamships, tugboats, bulldozers, earthmoving equipment, cranes or well-drilling machinery and equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Value of construction
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major Players
    • Table United Rentals Inc. (US industry-specific segment) - financial performance*
    • Table Sunbelt Rentals Inc. (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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