American Rental Association Related Content

ARA Forecasts Rise in Equipment Rental Revenue and Investment in 2021 and Beyond

The outlook for equipment rental revenue remains positive for 2021 and beyond, according to the American Rental Association’s updated third quarter forecast, with the association projecting a 3% increase in 2021 compared with 2020. read more

ARA Forecasts 3.5% Y/Y Increase in Equipment Rental Revenue in 2021

According the American Rental Association’s updated second quarter forecast, equipment rental revenue is expected to exceed $47.8 billion in 2021, which would be nearly a 3.5% increase over 2020 and greater than last quarter’s forecast, which called for a 3.1% increase this year. read more

ARA Expects Equipment Rental Revenues to Surpass Pre-COVID-19-Pandemic Peak in 2022

Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to explode past its previous peak totals in 2022, according to the latest forecast released by the American Rental Association. read more

ARA Projects 13% Decline in Equipment/Event Rental Revenue in 2020

The American Rental Association is forecasting a 13% decline in equipment and event rental revenue this year compared with 2019, making for a drop to $48.7 billion in the United States. read more

North American Rental Revenue Forecast to Surpass $71B in 2022

The American Rental Association five-year forecast updated in late October forecasts equipment and event rental revenues in North America to exceed $71.7 billion in 2022. read more

U.S. Equipment Rental Industry Revenue to Exceed $64B in 2022

The American Rental Association projected U.S. equipment and event rental industry revenue to grow consistently on an annual basis, resulting in total revenue of $64.1 billion in 2022. read more

ARA Forecasts Equipment Rental Industry to Grow to Nearly $60B by 2021

In its latest five-year forecast, the ARA expects equipment rental industry revenue to continue to grow consistently in the U.S. over the next five years, resulting in total revenue of $59.6 billion in 2021. read more

Equipment Rental Industry to Generate $59.3B in 2021

The ARA projected equipment rental industry revenue to grow consistently with a compound annual growth rate between 2017 and 2021 of 4.7% in the U.S., resulting in total revenue of $59.3 billion in 2021. read more

Equipment Rental Industry Forecast Remains Steady

The latest quarterly update to the five-year forecast for equipment rental industry revenues released by the American Rental Association continues to call for steady gains through 2021. read more

Equipment Rental Industry Revenue Poised to Reach $59.4B by 2021

According to the American Rental Association’s most recent forecast, equipment rental industry revenues will experience steady gains over the next five years. read more

Equipment Rental Revenue to Grow Modestly During Next Five Years

The American Rental Association projected that equipment rental revenue will reach $55.5 billion in the U.S. in 2020. read more

Equipment Rental Industry on Course for Record Revenues in 2016

The American Rental Association released its second quarter equipment rental industry outlook, which calls for continued revenue growth of 5.6% in 2016 and 4.9% in 2017 in the U.S. read more

Equipment Rental Forecast Bright Through 2019

According to the American Rental Association, the equipment rental industry remains on track to reach record revenue of $38.3 billion this year in addition to anticipated growth rates exceeding 7% through 2018. read more

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