The Commercial and Industrial Machinery and Equipment Rental and Leasing Industry in the US is projected to grow steadily from $93.86 billion in 2024 to $101.3 billion in 2028. Assuming that in 2023, the industry gross output was slightly lower, the forecast indicates a stable upward trend with average annual growth. Notable year-on-year increases are forecasted, around 2% per year, which aligns with historical growth patterns and indicates robustness in demand.

Future trends to watch for include:

Technological advancements improving equipment efficiency and rental processes.
Increased demand for machinery in green energy sectors.
Potential economic fluctuations affecting capital expenditure in construction and industrial activities.