U.S. Equipment Rental Revenue Projected to Exceed $51 Billion by 2018

American Rental Association forecasts steady growth for years to come

By Tim Regan

According to the American Rental Association’s (ARA) latest forecast from the ARA Rental Market Monitor, The equipment rental industry in the United States is expected to generate $35.8 billion in revenue and outpace gross domestic product by more than four times in 2014. By 2018, it predicts that revenue to grow to $51.2 billion.

Tim Regan is assistant editor of REMODELING and PROSALES.