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Industrial, Medical & Other Rental & Leasing in the US
IBISWorld, April 2009, Pages: 39
This industry comprises establishments primarily engaged in renting or leasing non-consumer type machinery and equipment (except heavy construction, transportation, mining, and forestry machinery and equipment without operators; and office machinery and equipment). Establishments in this industry rent or lease products, such as, manufacturing equipment; metalworking, telecommunications, motion picture, or theatrical machinery and equipment; institutional (i.e., public building) furniture, such as furniture for schools, theaters, or buildings; or agricultural equipment without operators. 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.
Introduction
A spanner in the works
Major projects are being put on hold as major construction companies experience a drought in credit. Subdued rental and leasing activity is likely until confidence returns and infrastructure projects start to benefit from government expenditure. Expect some consolidation to arise from larger companies seeking to expand their market share.
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