RENTAL EQUIPMENT INDUSTRY

LAST UPDATE: MAY 2017

RENTAL INDUSTRY SUMMARY

EQUIPMENT RENTAL INDUSTRY OVERVIEW

State of Industry

RENTAL EQUIPMENT ANALYSIS

Age of Equipment
Rental Rates
Utilization Rates
Rental Revenues Results
Sales to the Rental Industry
Rental Field Population
Forecast

CONSTRUCTION EQUIPMENT RENTAL COMPANY / OEM OVERVIEW

United Rentals
RSC (Rental Service Corporation)
Hertz Equipment Rental Corporation
Sunbelt Rentals
National Equipment Services
Home Depot Rentals
Maxim Crane Works
Neff Rentals
Sunstate Equipment

OEM Participation

Volvo Rents Stores
CAT Rental Stores
Komatsu America
John Deere
Other Major OEMs

This report marks Yengst Associatesí 17th North
American Rental Equipment Industry Analysis. The
rental equipment industry is cyclical in nature and relies heavily on
construction and industrial spending as its source of revenue. Very large
national chains compete with smaller, perhaps more agile, regional and local operations.
Regional differences play an important role and can offset the size discrepancy.
The ten largest rental companies, in terms of rental revenues, represented 28
percent of 2016 total industry rental revenue. United Rentals recently
purchased NES Rentals, one of the top rental companies in North America with
rental revenues over $300 million. URI by itself had approximately 10 percent
of 2016 industry rental revenue of $47.3 billion.