Now that we have had a few months under our belt in 2022, many industry professionals are wondering what they should anticipate for the remainder of the year. While the overall revenue in the rental equipment industry is expected to grow, so are some of the related costs.
“Equipment Rental is a more sustainable solution than ownership for the construction industry, and to further strengthen that value, we are seeing more rental companies invest in tools like [an] electrified fleet,” says Josh Nickell, vice president, equipment segment, American Rental Association (ARA).
To see the FREE full report, including insight into what other rental equipment owners are anticipating, download the 2022 Rental Equipment Industry Outlook, which outlines the positive and negative factors that rental equipment owners need to be aware of during the second half of 2022.
