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Heavy Equipment Rental in Canada - Industry Market Research Report

  • ID: 4062330
  • Report
  • April 2019
  • Region: Canada
  • 32 pages
  • IBISWorld
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Heavy lifting: A preference for renting instead of purchasing by downstream markets will benefit the industry

FEATURED COMPANIES

  • United Rentals Inc.
  • MORE

Heavy Equipment Rental in Canada

The Heavy Equipment Rental industry in Canada consists of operators that rent or lease heavy machinery to clients primarily in downstream construction, transportation, mining, forestry and agricultural markets. The industry exhibited strong performance during the previous period and the beginning of the reporting period before a recession caused in part by declining commodity prices early in the period damaged industry performance and profit. Canada's economy began the current period performing well, with an expanding commodities sector. This prompted growth in nonresidential construction briefly, as infrastructure development was needed to connect commodities with markets, while residential construction was driven by government incentives and low interest rates. Over the five years to 2024, the industry is forecast to experience steady growth.

This industry rents or leases heavy construction equipment, off-highway transportation, mining and forestry machinery and equipment without operators. Companies 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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • United Rentals Inc.
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • United Rentals Inc.
Note: Product cover images may vary from those shown
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