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.