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Heavy Equipment Rental in the US - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 37 pages

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Well-equipped: Stabilized industrial demand will drive steady, moderate growth



Abstract

Heavy Equipment Rental in the US

The range of downstream businesses that use this industry's aircraft, railcars, ships and drilling machinery generally shelters the overall industry from volatile fluctuations in demand from any one sector; however, the recession's momentous impact on the entire economy overwhelmed the industry's resilience, leading to revenue declines. Downstream demand will prove to be a strong driver of industry performance in the five years to 2021. The industry will particularly benefit from a revival in demand from the transportation and construction industries; as disposable income and corporate profit rise, demand for aircraft will also improve.

Industry operators rent or lease heavy construction, off-highway transportation, mining and forestry machinery and equipment without operators. Operators in this industry may rent or lease products including aircraft, 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.



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