Automotive Equipment Rental and Leasing - 2020 U.S. Market Research Report
The 2020 Automotive Equipment Rental and Leasing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2011-2024.
This Kentley Insights report includes historical and forecasted market size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, locations, employees, payroll, and much more.
The Automotive Equipment Rental and Leasing industry group includes companies primarily engaged in renting or leasing vehicles, such as passenger cars, passenger vans, trucks, truck tractors, buses, semitrailers, utility trailers and RVs (recreational vehicles), without drivers. These companies generally operate from a retail-like facility, some offer only short-term rental, others only longer-term leases, and some provide both type of services.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing benchmarking, strategic planning, due diligence, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:
In 2019, industry sales were $67.6 billion
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Over the past 3 years, the industry has grown at an annual rate of 5.8%
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There are 4,289 companies in the industry
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SALES PER COMPANY
In 2019, the average sales per company was $15.8 million
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INFLATION & PRICING
2020 forecasted inflation is 3.4%
The report has historicals, 4 years of monthly figures, and the 5-year forecast
For unprofitable companies, the average net loss is -4.8%
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Employee productivity is $405,426
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2% of expenses is spent on health insurance
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In 2019, industry operating expenses grew 4%
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In 2019, payroll per employee was $47,811
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PAYROLL BY STATE
California averages $47,527 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
4.6% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $19.21
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The above stats represent a small fraction of what you will find in this report.
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