B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$52,400,000,000
$52,400,000,000 -- industry revenue for US equipment rental industry (2022)
US equipment rental industry revenue was forecast to reach $52.4 billion in 2022.
- Forecast does not incorporate potential impact from the Infrastructure Investment and Jobs Act of 2021
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
$52,400,000,000
Unit
Currency Usd
Data Vintage
2022
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
American Rental Association
Primary
Tier A
https://www.ararental.org/Rental-Pulse/Article/ArticleId/2458/ARA-forecast-continues-to-call-for-sig… ↗
Source Article
ARA forecast continues to call for significant increases in revenue and investment
Original Research
American Rental Association
· Original study ↗
Methodology
ARA Rentalytics forecast (IHS Markit)
Methodology documented
Trend Over Time
| Period | Value | Change |
|---|---|---|
| 2022 (current) | $52,400,000,000 | |
| 2025 | $58,600,000,000 | +11.8% |
Segmentation
Industrymarketing
Cite this stat
Plain Text
US equipment rental industry: $52,400,000,000 industry revenue. Source: American Rental Association (2022). Via Lighthouse Intelligence -- https://lighthousedata.io/data/us-equipment-rental-revenue-2022
HTML Embed
<blockquote cite="https://lighthousedata.io/data/us-equipment-rental-revenue-2022" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$52,400,000,000</strong> -- industry revenue for US equipment rental industry<br><small>Source: American Rental Association (2022) · <a href="https://lighthousedata.io/data/us-equipment-rental-revenue-2022" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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