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Truck Rental in the US - Industry Market Research Report

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Housing starts
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major players (Market share)
    • Table Ryder System Inc. (industry-specific operations) - financial performance*
    • Table Penske Corporation (industry-specific operations) - financial performance*
    • Table AMERCO (industry-specific operations) - financial performance*
    • Table Enterprise Rent-A-Car Company (industry-specific operations) - 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

Truck Rental in the US

The Truck Rental industry has performed well over the past five years. While declining during the recession, the industry has grown strongly since 2011 as both businesses and consumers have increased demand for truck rentals and leases. Consequently, growth in home purchases, which has been accompanied by a greater number of household moves, has expanded demand for industry services. Over the next five years, the industry is poised for stable growth. As the economy grows, businesses are expected to continue to complement their truck fleets with trucks leased and rented from industry operators. In addition, uncertainty regarding fuel prices and emissions regulations is likely to support demand for the industry's commercial truck leasing and fleet management services. Over the next five years, the industry is anticipated to continue thriving, albeit at a slower pace, as more fuel regulations are implemented.

Operators in this industry primarily rent or lease (without drivers) trucks, utility trailers, buses, semitrailers and other related vehicles. 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).

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.


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