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Truck Rental in the US - Industry Market Research Report

  • ID: 239650
  • Report
  • Region: United States
  • 41 Pages
  • IBISWorld
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Gaining traction: Residential moving activity and freight demand will rise, driving industry growth

FEATURED COMPANIES

  • AMERCO
  • Penske Corporation
  • Ryder System Inc.
  • MORE

Truck Rental in the US

The Truck Rental industry has performed well over the past five years as both businesses and consumers have increased demand for truck rentals and leases. Growth in home purchases, which has been accompanied by a greater number of household moves, has expanded demand for industry services. Over the next five years, the industry is poised for stable growth. As the economy grows, businesses are expected to continue to complement their truck fleets with trucks leased and rented from industry operators. In addition, uncertainty regarding fuel prices and emissions regulations is likely to support demand for the industry's commercial truck leasing and fleet management services. Over the five years to 2023, the industry is anticipated to continue growing, albeit at a slower pace.

Operators in this industry primarily rent or lease (without drivers) trucks, utility trailers, buses, semitrailers and other related vehicles. Purchasing and lease-to-own arrangements of these vehicles are excluded from this industry. Operators that rent or lease industrial trucks and equipment, such as forklifts, are covered in the Industrial Equipment Rental and Leasing industry (report 53249).

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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FEATURED COMPANIES

  • AMERCO
  • Penske Corporation
  • Ryder System 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
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  • Enterprise Rent-A-Car Company
  • Ryder System Inc.
  • AMERCO
  • Penske Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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