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Heavy Equipment Rental in Washington

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WA53241

Heavy Equipment Rental in Washington industry analysis

The Heavy Equipment Rental industry in Washington is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Heavy Equipment Rental in Washington Market Research Report

What’s Included in the Heavy Equipment Rental in Washington Market Research Report

Definition of the Heavy Equipment Rental in Washington?

Industry operators rent or lease heavy construction, off-highway transportation, mining and forestry machinery and equipment without attached labor. Companies in this industry may rent or lease products, including aircraft, railcars, steamships, tugboats, bulldozers, earthmoving equipment, cranes or well-drilling machinery and equipment.

What’s included in the Heavy Equipment Rental in Washington?

The Heavy Equipment Rental in Washington includes air transportation equipment, rail transportation equipment, water transportation equipment, commercial and industrial equipment and construction, mining and forestry equipment. Related terms covered in the Heavy Equipment Rental in Washington industry report includes a type of lease in which the lessee only uses the asset for some of the asset's life, a type of lease in which the lessee has use of the asset throughout most of its economic life and beyond. a nominal residual payment is common at the end of the lease term to assume ownership and a system designed to minimize costs and assist owners with procurement and maintenance decisions throughout the life of an asset.

Industry Performance of the Heavy Equipment Rental industry in Washington

Benchmark the Heavy Equipment Rental in Washington industry performance with all WA county and national performance.

Heavy Equipment Rental in Washington

#12 in Highest Revenue 1.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Heavy Equipment Rental in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Heavy Equipment Rental industry in Washington

See how key industry drivers, such as population, median houshold income, new business formation, value of construction, industrial production index and private investment in industrial equipment and machinery are impacting Heavy Equipment Rental in Washington

Washington Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WA State Economic profile

US Key External Drivers

Value of construction
Industrial production index
Private investment in industrial equipment and machinery

For the full list of industry drivers, see report purchase options.

County Data of the Heavy Equipment Rental industry in Washington

Access proprietary data on county in the Heavy Equipment Rental in Washington, such as King County, Pierce County and Snohomish County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Heavy Equipment Rental industry in Washington

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Heavy Equipment Rental industry in Washington in 2025?

The market size of the Heavy Equipment Rental industry in Washington is $824.0m in 2025.

How many businesses are there in the Heavy Equipment Rental industry in Washington in 2025?

There are 357 businesses in the Heavy Equipment Rental industry in Washington, which has been growing at an average annual rate of 1.6% from 2020 to 2025.

Has the Heavy Equipment Rental industry in Washington grown or declined over the past 5 years?

The market size of the Heavy Equipment Rental industry in Washington has been growing at an average annual rate of 1.8% from 2020 to 2025.

How many employees in the Heavy Equipment Rental industry in Washington in 2025?

There are 1,380 employees in the Heavy Equipment Rental industry in Washington, which has been growing at an average annual rate of 0.9% from 2020 to 2025.